Opinion – Monday 9 January 2023

U.S. Equity Markets surged on Friday. The NDX led the gains, closing higher by 2.78%. Markets ended sharply higher driven by softer U.S. wage data and an unexpected contraction in the Institute of Supply Management’s December services reading. December’s...

Opinion – Friday 6 January 2023

U.S. equity markets finished Thursday lower led by the 1.41% fall in the NASDAQ 100. Markets ended lower as investors continue to focus on the tight labour market conditions and the potential ramifications of the Fed’s rate policy for 2023. ADP payrolls...

Opinion – Thursday 5 January 2023

U.S. Equity Markets finished Wednesday higher after a late comeback. The S&P led the gains closing higher by 0.75% as the VIX closed lower by 4% at a price of 24.01. Markets ended higher, although early gains were diluted upon the midday release of the Federal...

Opinion – Wednesday 4 January 2023

U.S. Equity Markets finished Tuesday lower led by the 0.70% fall in the NASDAO 100. Markets ended lower on the first trading day of 2023, giving up some early gains. Markets struggled to gain traction as investors await key figures due out later this week – namely...

Opinion – Tuesday 3 January 2022

Equity Markets staged a late rally on Friday, reversing earlier losses of over 1%, closing marginally lower on the day. The S&P 500 led the declines with a loss of 0.25% after a volatile trading session. Futures Markets are quiet with the exception of Gold which...

Opinion – Friday 30 December 2022

Equity Markets closed higher yesterday, reversing Wednesday’s aggressive sell-off. The NDX led the gains after a difficult week for Tech stocks, closing higher by 2.54%. Yesterday’s aggressive move higher saw the VIX close lower by 3% at a price of 21.44. Federal...