Market Analysis

26 June 2023

Week Ahead: Markets to Focus on Canada’s GDP and CPI and Australia’s CPI

This week, market participants prepare for important economic events such as the release of Canada’s Gross Domestic Product (GDP) and Consumer Price Index (CPI), in addition to Australia’s CPI. Traders are anticipated to keep a close watch on these critical …

23 June 2023

Tech Stocks Drive Nasdaq and S&P 500 Rebound Amid Uncertain Market Conditions

The Nasdaq Composite and the S&P 500 ended their three-day losing streaks on Thursday, propelled by renewed investor interest in tech stocks. The Nasdaq, a tech-heavy index, surged by 0.95% to 13,630.61, while the S&P 500 rose 0.37% to 4,381.89, …

22 June 2023

Stocks Retreat as Investors Digest Powell’s Comments on Inflation

In a temporary halt to the recent market rally, stocks experienced a decline on Wednesday. Investor sentiment was influenced by Federal Reserve Chair Jerome Powell’s remarks on inflation. The Dow Jones Industrial Average dropped 0.30%, the S&P 500 declined by …

21 June 2023

Stocks Retreat as Market Rally Pauses, Investors Monitor Sentiment

Stocks experienced a decline on Tuesday, marking the first trading day of the week, as the market took a breather after a recent rally that had propelled it to levels not seen in over a year. The Dow Jones Industrial …

20 June 2023

Markets Close on Monday for Juneteenth Holiday Following Strong Week and Fed’s Rate Hike Decision

In observance of the Juneteenth holiday, the regular trading session was suspended on Monday, providing investors with a break after a positive week. Despite minor slips on Friday, the S&P 500 and the Nasdaq Composite recorded their best weekly performances …

19 June 2023

Week Ahead: All Eyes on BOE and SNB Rate Statements

This week, markets brace for key events, including interest rate releases from the Bank of England and Swiss National Bank. Traders are expected to monitor these crucial announcements to shape their strategies and gain insights into the financial landscape. Stay …

16 June 2023

Stocks Surge as Investors Anticipate Fed’s Pause on Rate Hikes

On Thursday, the Dow Jones Industrial Average experienced a significant rally, surging over 400 points, and the S&P 500 reached a 13-month high. Investors speculated that the Federal Reserve would refrain from further interest rate hikes after the central bank …

15 June 2023

Stock Market Reacts to Fed’s Mixed Signals on Rate Hikes and Inflation

Stocks experienced volatility on Wednesday as the Federal Reserve took a pause in its rate-hiking campaign while signalling progress in combating inflation. Despite this, the central bank also indicated its intention to implement two more rate hikes later in the …

14 June 2023

Stocks Rise on Slowing Inflation Data, Fed Rate Hike Speculation

Stocks climbed as new inflation data revealed a slowdown in price pressures in May, fueling optimism among investors that the Federal Reserve might opt to forgo a rate hike during its upcoming policy decision this week. The Dow Jones Industrial …

13 June 2023

S&P 500 Surges to 13-Month High Amid Optimism Over Fed Rate Hike Decision

The S&P 500 soared to its highest level in over a year as traders anticipated that the Federal Reserve would refrain from raising interest rates during their policy meeting. The index closed at 4,338.93, surpassing its previous high from August …