< Back
Weekly Financial Market Update May 18, 2018
May 21, 2018
The market's focus last week was on Treasury yields, oil, and the U.S. dollar, with all three moving higher. U.S. and international equities ended last week lower, as global trade uncertainty and higher interest rates weighed on prices.
Oil prices have surged in 2018, rising from approximately $60 a barrel to well over $70 a barrel, the highest level since 2014 due to significant supply cuts by OPEC and the U.S re-imposing sanctions on Iran.
Please click the link below to learn more about inflation expectations and how the U.S. economy continues to expand because of industrial production.