Market Week in Review
| By Erik Ristuben
In this week’s video update:
- Yellen and other U.S. Federal Reserve (Fed) members speak out about strengthening economy and likelihood of a rate hike this year.
- As post-Brexit fears ease, European markets seem to return to business: STOXX 600® is up about 1% and the European economy is on pace for 1.5-2% annualized economic growth.
- West Texas Crude is up about 13.5% this week. What factors are contributing to the improvement in price?
- Russell Emerging Markets® Index is up roughly 14% this week, likely due to several factors including oil demand and the strength of the U.S. dollar.