Equity markets US markets dropped sharply overnight as inflation fears returned on the back of Treasury yields hitting their highest levels in more than a year. Investors are concerned the Federal Reserve will allow inflation to accelerate, after Wednesday’s policy meeting where they reaffirmed their commitment to easy money policies. As...
Going into the month’s last day of trading, Global markets have performed well despite a sell off this week. Continued hopes that we’re on a path to economic recovery, with COVID vaccines rolling out and the subsequent drop in cases, have supported markets and drawn in investors. Global Equities Major US Indices all saw record highs, with the...
Equity markets US markets dipped last night with the Dow finishing down for the first time in 4 sessions. This came as the streak of better-than-expected economic data came to an end with initial jobless claims unexpectedly jumping to a one-month high last week. Retail giant and Dow 30 component Walmart (WMT) also weighed on the index dropping ...
World equity markets finished modestly positive for a week sparse of economic news. US markets again hit all time highs on the back of strong corporate earnings, continued optimism in fiscal stimulus and COVID progress as the US infection rate eased to its lowest level since October. Equity Markets US The NASDAQ outperformed with Twitter (TW...
Major global markets rallied convincingly this week with strong corporate earnings from the US, commitments from central banks to keep accommodative measures in place and good progress in US COVID vaccinations gave investors optimism. Equity markets The S&P 500 climbed to a record this week, with the NASDAQ and Dow Jones touching on all time ...
Wall Street suffered a 2% sell off on Friday capping off a poor week for global equity markets. All major European, Asian and US Indices finished decidedly in the red as stimulus euphoria post the new US administrations inauguration seems to have faded. Equity Markets US Indices posted their worst week since October with the Dow sliding over 3% ...
Major US, European and Australian Indices made modest gains last week, despite a Friday sell off on Wall St. Traders will have no shortage of news to digest this week, with the Federal Open Market Committee’s January policy meeting, major tech company earnings, US GDP figures and Australian CPI. Equity Markets US equity traders will have a sl...
We had an eventful week on global markets with the inauguration of a new US administration and a dovish stance from the European Central bank fuelling hopes of extended fiscal stimulus in the new year. Equity markets Risk appetite got a boost this week from a push by US authorities for nearly $2 trillion in additional spending and plans to jumpst...
Major Indices took a breather last week, with US equity markets closing down more than 1% after posting record highs the week prior. In economic news, the incoming US administration announced a $1.9 USD trillion fiscal-stimulus plan that aims to counter the effects of COVID-19 and support markets as recent weak economic figures are indicating the...
Global equities swung between losses and gains last week as investors digested contradictory headlines on key themes like Brexit negotiations, vaccine updates, stimulus talks and EU budget deal driving the price action in the markets. Investors are gearing up for another busy week with the same dominant themes amid a busy economic calendar. E...
As we progressed through the last month of the year, investors assessed the vaccine updates, Brexit negotiations, US political gridlock and geopolitical tensions. Stock market - vaccine updates, Brexit and IPOs Global equities swung between losses and gains this week as investors digested contradictory headlines on key themes driving the pric...
After a month-long rally in November which drove major equity indexes to record-highs, investors started the last month of the year with controversial vaccine approval and supply-chain issues. Stock market - Vaccine updates Global equities swung between losses and gains and major equity indices retreated from record highs as investors digeste...
As investors are about to enter the final month of the pandemic year 2020, the attention will remain on the vaccine updates, Brexit and the global economic data to gauge the recovery which has the potential to bring more volatility to the markets. Equity Markets Recently, the vaccine updates and US politics have driven the stock market rally an...
As the world is heading into a holiday season still rattled by the widespread pandemic in major economies, it will be a shortened week for investors in observance of the Thanksgiving holiday in the US. The immediate attention will remain on the concerns on the virus front and the state of the global economy. Equity markets Amid rising coronaviru...
Investors welcomed the series of positive vaccine updates across the week against the backdrop of the rapid global surge in the number of coronavirus cases. The sentiment in the financial markets swayed between risk-on and risk-off reflecting the uncertainty of global economic growth following more localised lockdowns and social distancing measu...