In the U.S., S&P Global has released early estimations of its Purchasing Managers’ Indexes (PMI) for both the services and manufacturing sectors.
Continue readingWeek in Review: Nvidia’s Earnings Beat Sparks Market Rally
Week in Review: Hotter Than Expected US inflation
U.S. consumer prices rose more than expected in January, amid stubbornly high shelter prices.
Continue readingWeek in Review: The S&P 500 Reaches 5,000
The S&P 500 breaks through 5,000, after its 20 percent surge since November.
Continue readingWeek in Review: Hopes Fade for March Rate Cut
The Federal Reserve’s (the Fed) scheduled policy meeting on Wednesday, played a significant role in influencing market sentiment.
Continue readingWeek in Review: Interest Rates Steady, While U.S. Growth Surprises
Global equity markets experienced positive momentum during the week, buoyed by steady interest rate decisions and better-than-expected U.S. GDP growth.
Continue readingWeek in Review: Expectations Shift on Interest Rate Cuts
Despite experiencing upward momentum last week, the markets in 2024 have been characterised as restrained and somewhat uneven.
Continue readingWeek in Review: Middle East Tensions Escalate
Geopolitical tensions continued to escalate in the Middle East over the week with the US and the UK carrying out multiple airstrikes on more than a dozen Houthi rebel targets in Yemen.
Continue readingWeek in Review: Markets Suffer a New Year’s ‘Hangover’
The holiday-shortened week saw an end to global equities notable nine-week winning streak.
Continue readingWeek in Review: Dovish Fed Sparks Market Rally
The Federal Reserve held its final policy meeting of the year this week. As anticipated, officials kept rates unchanged.
Continue readingWeek in Review: U.S. Job Growth Rebounds in November
In November, U.S. job growth gained momentum while the unemployment rate declined, indicating a robust underlying labor market.
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