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    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    27 February 2023
    US stocks are moving lower on Friday

    US stocks suffered from daily losses last Friday, witnessing heavy selling pressure, and extended their weekly rout following data that showed the core PCE rose at the highest rate in six months. The annual Core PCE Price Index, which is …

    27 February 2023
    Week ahead: All eyes on US ISM Manufacturing and Services PMI

    This week, the markets will be watching closely as two of the most influential economic indicators – US ISM Manufacturing and Services PMI figures – are released. With these reports being used to measure the overall health of the US …

    24 February 2023
    Economic data signal potential hike rates in the next meeting

    US stocks advanced higher on Thursday, regaining upside momentum, and rose in a jittery session after US indexes trimmed part of their losses ahead of the close. The impressive rebound witnessed in huge companies like Microsoft Corp. and Apple Inc has underpinned the …

    23 February 2023
    Fed members agreed to more hikes to achieve the inflation target

    US stocks declined lower on Wednesday, witnessing some selling momentum, and failed to sustain their rebound after the Federal Reserve signaled that interest rates will continue moving higher amid ongoing inflation concerns. As per the latest Federal Open Market Committee’s (FOMC) Monetary …

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