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5

Oct 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

Oct 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

Oct 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

Oct 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

Sep 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 …

29

Sep 2022
Bank of England to acquire UK long-term bonds to restore market conditions

US stocks rallied on Wednesday, regaining upside strength and ending their six-day slide after the Bank of England’s decision to stage a market intervention boosted UK bonds and tentatively calmed markets. The BOE decided to buy long-dated UK government bonds …

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