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    DAILY MARKET ANALYSIS

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

    3 February 2023
    Powell’s dovish message boosted stocks

    The Nasdaq and S&P 500 indexes closed higher and hit roughly five-month highs on Thursday (Feb. 2), as a more dovish-than-expected message from Fed Chairman Jerome Powell boosted stocks and Meta Platforms shares surged on tight cost controls. The S&P …

    2 February 2023
    Fed raise the interest rate by 25bps as expected

    The Dow closed flat Wednesday, as investors weighed up the Federal Reverse’s widely expected quarter-point rate hike and Fed Chairman Jerome Powell’s lack of pushback on the recent rally in stocks and easing financial conditions.  The Dow Jones Industrial Average …

    1 February 2023
    US Stocks rise as market focus on Fed decision

    The Dow climbed Tuesday, to end the month in the green as investors digested a slew of mostly better-than-expected results just as focus shifts to the Federal Reserve decision due Wednesday. The Dow Jones Industrial Average gained 1.1%, or 368 …

    31 January 2023
    Market awaits FOMC meeting and US Non-Farm data release

    The Nasdaq 100, tumbled almost 2%. The S&P 500 and the Dow Jones slashed 1.30% and 0.77% of their value as traders prepared for the US Federal Reserve Open Market Committee (FOMC) decision on Wednesday. Hence, a busy US economic …

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