Market Analysis

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 …

20 March 2023

US Stock Market Falls Amid Concerns of Banking Sector Turmoil

The US stock market suffered a setback on Friday as investors grew increasingly concerned about the impact of the banking sector’s turmoil on the global economy. However, amidst this tumultuous week for global markets, technology stocks emerged as the beneficiaries …

20 March 2023

Week ahead: All Eyes on FOMC and BoE Rate Statement

This week, the financial world eagerly anticipates crucial events, including the FOMC meeting and the BoE Rate Statement. Additionally, vital economic data, including CPI and PPI figures, will be published by major economies like Canada and the UK. Keeping a …

17 March 2023

US Stocks Surge as First Republic Bank Secures Rescue Package, Boosting Regional Lenders

On Thursday, US stocks saw a surge in prices following the announcement that a rescue package had been secured for First Republic Bank. This news sparked a rebound in shares of embattled regional lenders, which had previously tumbled more than …

16 March 2023

Financial Markets React to Banking Turmoil and Cryptocurrency Surge

Following the recent collapse of several American regional banks and the Credit Suisse Group AG crisis, investors have begun to recall memories of the 2008 financial crisis. Speculation is rife that major central banks may need to provide liquidity support …

15 March 2023

US Stocks Surge as Banking Turmoil Fades, Gold and Cable Under Pressure

US stocks surged in the closing hours of trading on Tuesday, with traders confident that the worst of the banking turmoil was over. The KBW Bank Index gained 3.2% but remained fragile, with rating companies offering negative remarks on the …