quotations analysis

6 November 2023

Week Ahead: All Eyes on RBA Rate Statement and UK GDP

Significant economic events are expected to impact the forex market this week. Traders should closely monitor the Reserve Bank of Australia’s rate statement and the UK’s Gross Domestic Product (GDP) release. These indicators could substantially sway market conditions, underscoring the …

3 November 2023

Stocks Surge on Dwindling Bond Yields and Fed Speculation, Dollar Falters Amidst Mixed Signals

In a remarkable Thursday rally, stocks saw a surge as Treasury yields dropped, sparking investor speculation that the Federal Reserve may pause its rate hikes for the remainder of 2023. The Dow Jones Industrial Average posted its strongest performance since …

2 November 2023

Stocks Rebound as Fed Holds Rates Steady, Tech Stocks Soar, and USD Strengthens Amid Mixed Economic Data

On Wednesday, US stocks rebounded, led by technology stocks, as the Federal Reserve chose to maintain interest rates, easing concerns of an imminent rate hike. The Dow Jones, S&P 500, and Nasdaq Composite all posted gains, with technology stocks like …

1 November 2023

Volatile Month Ends with Modest Rebound, Currency Markets React to Central Bank Policies

In the stock market, October witnessed surging interest rates, leading to a challenging month for investors, but there was a modest recovery on Tuesday as major indices rebounded. Real estate and financial sectors outperformed, while some tech giants faced declines. …

31 October 2023

Stocks Surge as Investors Anticipate Key Central Bank Decisions and Economic Data

On Monday, the stock market experienced a significant rally, with the Dow Jones Industrial Average surging by over 500 points, pulling itself out of correction territory, while the S&P 500 and Nasdaq Composite also made substantial gains. The positive sentiment …

30 October 2023

Week ahead: Markets to focus on FOMC and BOE rate statements, and US Jobs Report

This week, traders are primarily focused on the rate decisions of major central banks, such as the Federal Reserve and Bank of England. Alongside these, the US Jobs Report is slated for release, serving as a critical indicator for the …

27 October 2023

Market Correction Deepens as Tech Giants Struggle, Dollar Gains Resilience Amid Economic Data, and Currency Market Trends Uncertain

In a turbulent market session, the Nasdaq Composite entered correction territory, partly driven by Meta’s underwhelming forecast, and Alphabet’s disappointing results added to the pressure. The S&P 500 briefly touched correction territory, and Wall Street grappled with concerns about the …

26 October 2023

S&P 500 Falls Below Key Level Amid Tech Giant Turmoil, Microsoft Shines in Earnings Season, and the Resilient US Dollar Dominates Currency Markets

On Wednesday, the S&P 500 closed at 4,186.77, dipping below the critical 4,200 level, spurred by Alphabet’s disappointing earnings, tech stock declines, and rising bond yields. Microsoft bucked the trend with a 3% share price increase after strong earnings. Meanwhile, …

25 October 2023

Earnings Drive Stock Market Gains Amidst Tech Valuation Concerns, US Dollar Strengthens on Yield Rebound

In a positive turn for the stock markets, Tuesday saw a surge driven by robust earnings reports, yet concerns linger over lofty tech valuations. Major companies like Coca-Cola and Spotify exceeded expectations, while General Motors faced challenges. David Bahnsen of …

24 October 2023

Mixed Market Trends as Treasury Yields Fluctuate: Wall Street Prepares for Tech Giants’ Earnings Amidst Rising Concerns

On Monday, the stock market witnessed mixed fortunes as the Nasdaq Composite edged higher while the Dow Jones and S&P 500 experienced declines, influenced by fluctuations in Treasury yields. The 10-year Treasury yield breached the 5% mark, sparking worries of …