Opinion – Thursday 15 June 2023

The Federal Reserve as expected halted its interest rate hikes at yesterday’s Fed Meeting, marking the first pause in 15 months. However, the central bank will retain a tightening bias, indicating a possibility of resuming rate increases as early as next month....

Opinion – Wednesday 14 June 2023

U.S. Equity Markets again closed higher as investors wait for Federal Reserve officials to pause their tightening campaign received backing from yesterday’s consumer price index (CPI) data which came in better than expected with a 4% print. The CPI report, showed that...

Opinion – Tuesday 13 June 2023

U.S. Equity Markets closed higher on Monday led by the 1.76% increase in the NASDAQ 100 as investors wait for the latest inflation data this afternoon, just as the Federal Reserve begins deliberations on its monetary policy decision. It is anticipated that headline...

Opinion – Monday 12 June 2023

General Motors (GM) has announced a partnership with Tesla (TSLA) to utilise Tesla’s North American charging network and technologies for its electric vehicles (EVs). Starting next year, GM vehicles will be able to access Tesla’s 12,000 chargers using an...

Opinion – Friday 9 June 2023

Despite Jobless Claims jumping to the highest level since 2021, U.S. Indexes closed higher. The NASDAQ 100 led Thursday’s gains closing higher by 1.27%. According to a recent filing, it has been revealed that cryptocurrency exchange Binance and its affiliated entities...

Opinion – Thursday 8 June 2023

Although the NSDAQ fell a hefty 1.75% yesterday the Dow helped by the GM news ended Wednesday with a gain of 0.27%. Despite the aggressive sell-off in the NDX, the VIX still closed lower at a price of 13.94. The Bank of Canada surprised markets with a 25 basis point...