Opinion – Thursday 21 November 2024

U.S. Equity Markets ultimately closed mixed on Wednesday with markets chopping to geopolitics on a data light day ahead of NVDA earnings after-hours, although stocks did rally into the closing bell – closing well off lows. There had been some initial optimism in...

Opinion – Wednesday 20 November 2024

U.S. Equity Markets ended Tuesday with gains, in what was a choppy day across markets, as sentiment swung between the European and U.S. sessions. In the European morning, there was a notable risk-off trade amid heightened geopolitical tensions as Russia’s Kremlin said...

Opinion – Thursday 14 November 2024

US Indices ultimately closed mixed with marginal upside with little changes in SPX, NDX and DJIA while the Russell 2000 underperformed. The majority of sectors closed in the green with Consumer Discretionary and Energy outperforming but Communication and Technology...

Opinion – Wednesday 13 November 2024

US Indices were lower on Tuesday, with the small-cap Russell 2000 (-1.8%) lagging and giving back some of its recent strength post-US election. However, the same cannot be said for the FX space, as the Dollar Index soared to its highest level since May to the...

Opinion – Tuesday 12 November 2024

Monday was a quiet session to start the week on account of the Veteran’s Day holiday with no Fed speakers or US data released. The direction of trade, however, was largely a function of the Trump Trade with Republicans looking increasingly likely to take the...

Opinion – Monday 11 November 2024

U.S. Equity Markets were bid on Friday with the S&P 500 briefly rising above 6000 before paring into the closing bell. The NASDAQ 100 was the relative underperformer with Tech and communication among the lagging sectors, with only materials also closing in the...