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22

Aug 2022
Markets Cautious with more Fed officials supporting rate hikes ahead of Jackson Hole Symposium

US stocks declined on Friday and snapped the longest weekly rally since November. Investors turned cautious and short-sellers resurfaced after Federal Reserve officials beat the drum on hiking rates. The pullback in equities this week follows a rally that has …

19

Aug 2022
Weekly Jobless Claims Fell, Strength Demand in Labour?

US stocks edged higher on Thursday, as mixed economic and earnings reports failed to spark a broad conviction trade.  The weekly jobless claims data fell for the first time in three weeks, a sign of strength in demand for labour, …

18

Aug 2022
The Fed’s Rate hikes to Control Inflation Weighed on the Market Sentiment

US stocks declined for the first time in four days as investors assessed the outlook for the path of interest-rate hikes after a minute of Federal Reserve’s last meeting noted officials saw risks from tightening more than necessary. Moreover, the …

17

Aug 2022
Sudden Pullback in Tech Shares, US Stocks Move Higher

US stocks advanced on Tuesday, and closed higher following a sudden pullback in tech shares, as investors assessed the latest round of upbeat earnings against a backdrop of growing concerns over slowing growth and rising borrowing costs. Moreover, reports Monday …

16

Aug 2022
US Stocks Rallied for the Second Day

The US stocks rallied for the second day in a row, as investors digested weak data on New York manufacturing and the Chinese economy. The market is coming off a fourth straight weekly gain, the longest run this year, with …

15

Aug 2022
Market Outlook – Interesting week ahead for Australia, New Zealand, and Canada

The economic data from Australia, New Zealand, and Canada will be interesting this week. The markets are looking forward to the release of Australia’s Employment Data on 18 August 2022, which will provide an insight into whether the country’s jobs …

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