About: josephine
Recent Posts by josephine
SNB, BoE and ECB raised their interest rates by 50 bps
This Friday, after hawkish signals from central banks, sparked a rout in US and European shares and a rally in the dollar. The S&P 500 closed at its lowest level in more than a month and the dollar climbed the most since September as investors sought haven assets after warnings by the Federal Reserve and Continue Reading
NFP add more jobs on Friday, what next for the FED?
US stocks edged lower on Friday, as a hot jobs report fueled bets the Federal Reserve will keep tightening even if officials downshift the pace of hikes this month. Now, the equities and bonds market faced a lot of instability, with the surge in 10-year yields fizzling out while two-year rates remained higher. US employers Continue Reading
US services indicator unexpectedly climbed, Fed may keep tighten policy to manage high inflation
The equities market kicked off the week with losses and bond yields climbed as a US services gauge unexpectedly rose, fueling speculation the Federal Reserve will keep its policy tight to tame stubborn inflation. In the meantime, treasuries slumped across the curve, driving 10-year yields to 3.6%. Swaps showed higher expectations on where the Fed Continue Reading
USD still on market hawkish pressure
U.S. equities hit their peak and kept falling after the speech of Fed Chair Powell on 12/1. There was a rebound on 12/2 because of the release of nonfarm payrolls, but the pressure from hawkishness is on the cards. The Dow Jones Industrial Average dropped 1.03% to close at 33596.34. The S&P 500 dropped 1.44% Continue Reading
Gold moves higher as US stocks falling
U.S. equities kept falling as Gold seemed as a hedge currency, S&P 500 is starting to turn more decisively lower and the gold price raised 0.86%. The Dow Jones Industrial Average has little raise to close at 33597.92. The S&P 500 dropped 0.19% to close at 3933.92. The tech-heavy Nasdaq Composite dropped 0.51% to close Continue Reading
