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Before the Bell: ASX to rise, equities rally in Europe, New York

Wall Street rallied, with energy pacing nine of the S&P 500’s 11 industry sectors higher. US regional banks rebounded. Fed policy decision awaited.

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Slow Monday morning for equities, gold higher on real yield slide

Mon, 17 May 2021 | Written By: Neil Wilson Neil is chief market analyst for Markets.com and also writes for the Investors Chronicle as ‘The Trader’, with the daily market outlook published online each morning. Slow Monday morning for equities, gold higher on real yield slide Morning Note Reopening day in Britain – today is a big step forward for the economy, not so big for the stock market. Markets move well in advance, of course. Reopening trades have performed well this year, but the real test comes as the reopening process proceeds – do people get out and spend, do they take on more debt and do banks lend more? These are questions for policymakers, but also for investors. 

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