Tag Archives: Indices
Week ahead: FOMC poised for rate decision
With Google beginning its next antitrust trial on Monday, we believe this series of legal challenges could potentially reshape its business. We also take a look at the US Federal Reserve’s much-anticipated FOMC meeting and what to expect from it -vtmarkets.com
Traders bet on Fed’s next move, weakening the dollar
Trader sentiment has shifted amid media reports and new economic data, hinting that the Federal Reserve might lean toward a more aggressive interest rate cut. Market participants, guided by the CME FedWatch tool, have increased their expectations for a 50-basis-point cut, now pricing in a 43% chance, up from 27% just a day earlier. -vtmarkets.com
Dollar firms up as market bets on smaller Fed rate cut
The dollar fueled by smaller Fed rate cut bets following U.S. inflation data. Markets now expect a 25-bps cut, while political factors create added uncertainty for the greenback. -vtmarkets.com
S&P 500 wraps up August gains as rate cut decision looms
he S&P 500 ended August with a 3.7% gain despite volatility, as markets now look ahead to the Federal Reserve’s rate decision in September. -vtmarkets.com
Dow Jones hits new record while tech stocks weigh on Nasdaq
Key Points: The Dow Jones Industrial Average (Symbol: DJ30) continued its impressive run, notching its 25th record close of the year as it climbed to 41,335.63. This marked a significant contrast to the tech-heavy Nasdaq Composite (Symbol: NAS100) and the broader S&P 500 (Symbol: SP500), both of which struggled due to a pullback in technologyContinue Reading
S&P 500 retraces as the markets eye Nvidia earnings for AI demand insights
The S&P 500 retraced ahead of the Nvidia earnings report, with investors keen on assessing the strength of the AI-driven tech rally. Corporate news also influenced market sentiment as Nordstrom and Ambarella surged on earnings beats, while PVH and Paramount slipped on weak guidance and acquisition concerns. -vtmarkets.com
Japan’s Nikkei falls after Wall Street’s tech stocks drop
Japan’s Nikkei index edged down 0.5% in early trading on Tuesday, hitting 37,936.68 by 0009 GMT. This decline mirrors the losses seen on Wall Street, where technology stocks led the way downward. The broader Topix index also experienced a 0.2% drop, reflecting the cautious mood in the market. -vtmarkets.com
Week ahead: Core PCE data takes center stage
If the Core PCE Index comes in higher than expected, it could trigger a significant market reaction, as it would suggest that inflationary pressures are more persistent than previously thought.
Nikkei declines as yen gains strength and US jobs data approaches
Key points: Japan’s Nikkei 225 fell 0.7% to 37,805.35 in morning trade on Wednesday, with the broader Topix index down 0.6% to 2,655.29. This decline comes as the yen strengthened overnight, trading around 145.36 per dollar after touching a low of 147.34 the previous day. A stronger yen is often unfavourable for Japanese exporters, asContinue Reading
Japan’s Nikkei rises on weaker yen and tech sector gains
The Nikkei 225 Index rebounded on Tuesday, closing 1.8% higher at 38,062.92, marking its strongest level since August 1. The session saw the index rise more than 2% at one point, driven by a rally in technology shares and a softer yen.
