quotations analysis

31 March 2023

Federal Reserve Officials Suggest Monetary Tightening, Markets Respond Positively

Recent market gains were heavily influenced by statements from Federal Reserve officials who suggested the need for further monetary tightening, despite recent bank failures. Boston Fed President, Susan Collins, highlighted the importance of tightening policies. Meanwhile, Richmond Fed President, Thomas …

30 March 2023

US Stock Markets Make Gains as Tech and Financial Shares Rally

US stock markets experienced gains on Wednesday, with tech and financial shares leading the way, as investor risk appetite recovered from recent banking sector turmoil. The financial sector was hit hard by the collapse of three US banks this month …

29 March 2023

US Equity Market Falls as Tech Stocks Decline and Investors Anticipate Inflation Data

On Tuesday, the US equity market took a slight hit as investors reassessed their bets on the Federal Reserve’s interest rate policies. The three-day advance of US stocks came to a halt as technology shares declined, while Treasuries saw a …

28 March 2023

US Stocks Get Boost from Financial Shares as Tech Slumps: Banking Sector Continues to be Monitored

Financial stocks provided a much-needed boost to US stocks on Monday, with Treasuries retracting due to a decrease in concerns over banking turmoil. However, tech shares took a hit after experiencing a surge in the previous week. The purchase of …

27 March 2023

US Stock Market Gains Amid Financial Stability Assurances and Rate Cut Speculation

The US stock market closed higher on Friday after regulators assured investors of financial stability, while speculation grew that policymakers will have to consider a rate cut to prevent a recession. Amid concerns over the recent failure of some US …

27 March 2023

Week ahead: Markets to Focus on German Prelim CPI and US Core PCE Price Index

As the first quarter of 2023 draws to a close, many countries are gearing up to release some major economic data. The US is scheduled to publish its Consumer Confidence (CPI) and Core PCE Price Index reports, while Australia and …

24 March 2023

US Stock Market Rebounds as Traders Flock to Tech Giants Amidst Economic Uncertainty

Despite earlier losses, the US stock market made a significant recovery as traders flocked to some of the world’s largest technology firms, viewed as a reliable haven amidst economic uncertainty and market volatility. In the wake of recent banking instability, …

23 March 2023

US Stocks Tumble After Yellen’s Remarks and Powell’s Statement

On Wednesday, the US stock market experienced a significant downturn as investors were hit with a double dose of stress. Treasury Secretary Janet Yellen’s remarks on the state of the banking system rattled bank shares, while Federal Reserve Chairman Jerome …

22 March 2023

Wall Street’s Fear Gauge Plummets as Markets Rally

Wall Street’s fear gauge, the VIX, saw its largest two-day plunge since May as the recent financial turmoil eased, resulting in a rebound of stocks. This surge in banks and assurances from authorities has restored a sense of order to …

21 March 2023

US Stocks Gain as Global Regulators Boost Market Confidence Amid Financial Turmoil

The recent financial turmoil has led to speculation about a slower pace of tightening from major central banks. To shore up market confidence, regulators worldwide have rushed to take action, and global central banks have united with the Federal Reserve …