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    Market Analysis

    11 October 2022
    Washington to restrict China’s access to US technology

    U.S. equities fell for the fourth straight day as growth fears and geopolitical risks weigh on market sentiment. The Dow Jones Industrial Average lost 0.32% to close at 29202.88. The S&P 500 shed 0.75% to close at 3612.39. The tech-heavy …

    10 October 2022
    US Unemployment and Payroll data surprised the Market

    U.S. equities ended the week with a sharp drop throughout last Friday’s trading. The Dow Jones Industrial Average dropped 630 points to close at 29296.79. The S&P 500 slid 2.8% to close at 3639.66. The tech-heavy Nasdaq composite lost 3.8% …

    10 October 2022
    Week Ahead: US Data to Focus on CPI, PPI, Retail Sales, and Consumer Sentiment

    The US will release several key data items this week, including the inflation data reflected in the Consumer Price Index, the producer price index, and retail sales data. The preliminary consumer sentiment data reported by the University of Michigan and …

    7 October 2022
    US Jobless Claims higher, Market waits for NFP

    U.S. equities traded lower throughout yesterday’s trading. The Dow Jones Industrial Average slipped 1.15% to close at 29926.94. The S&P 500 dropped 1.02% to close at 3744.52. The tech-heavy Nasdaq Composite edged 0.68% lower to close at 11073.31. Learn more …

    6 October 2022
    US Stocks declined, OPEC+ to cut oil production

    U.S. equities retreated throughout yesterday’s trading. The Dow Jones Industrial Average lost 0.14% to close at 30273.87. The S&P 500 lost 0.2% to close at 3783.28. The Nasdaq composite slipped 0.25% to close at 11148.64.  U.S. ADP nonfarm employment change …

    5 October 2022
    JOLTS reported lower, US Dollar Weakened

    The U.S. stocks market rose for a second straight session on Tuesday as investors hoped that the Federal Reserve may ease its aggressive tightening stance in response to employment data. The S&P 500 climbed 112 points (+2.90%) to 3,790, while …

    4 October 2022
    US Stocks rallied, 10-year treasury fell below 3.7%

    U.S. stocks rallied on the first trading day of the month. The Dow Jones Industrial Average rose 765.38 points to close at 29,490.89. The S&P 500 gained 2.6% to close at 3678.43. The Nasdaq Composite rose 2.3% to close at …

    3 October 2022
    The 10-year treasury yield rose above 3.8% as short-term rate expectations increased

    U.S. equities have continued to edge lower on the last trading day of the week. The benchmark U.S. 10-year treasury yield recovered above 3.8% as short-term interest rate expectations continue to rise. The Dow Jones Industrial Average lost 1.71%, the …

    3 October 2022
    Week Ahead: OPEC, Non-farm payrolls and ISM Services PMI

    This week will bring several major economic indicators to watch out for, including the release of the US Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings.  The US JOLTS report for August and ISM Manufacturing PMI and ISM Services …

    30 September 2022
    US Real GDP contracted by 0.6%, US stocks tumbled

    US stocks tumbled on Thursday, suffering from heavy daily losses and plunged to the lowest since November 2020 as another group of Federal Reserve officials struck a hawkish tone on policy tightening. Federal Reserve (Fed) Bank of Cleveland President Loretta …