Opinion – Monday 16 December 2024

U.S. Equity Markets closed mixed on Friday with notable outperformance in the NASDAQ 100 as tech was supported by a strong earnings report from Broadcom (AVGO), seeing the stock rally 24% and supporting the sector. Consumer Discretionary also performed well thanks to...

Opinion – Thursday 12 December 2024

U.S. Indices (S&P +0.8%, NASSAQ 100 +1.9% and RUSSELL 2000 +0.5%) saw broad-based gains on Wednesday with Communications, Consumer Discretionary, and Technology the sectorial outperformers and the former once again supported by Alphabet (GOOG) (+5.5%) strength....

Opinion – Wednesday 11 December 2024

The U.S. Dollar saw slight gains on Tuesday, albeit in pretty thin newsflow as participants await the pivotal US CPI report on Wednesday. In FX, Sterling and the Canadian Dollar were the relative G10 outperformers, while Antipodeans lagged and weighed on by the dovish...

Opinion – Tuesday 10 December 2024

U.S. Equity Markets Stocks ended Monday lower on all major Indices, with downside most notably in the NDX (-0.8%) as semiconductor weakness weighed on the tech-heavy index, due to China’s regulators opening an investigation into NVIDIA (NVDA, -2.6%) over a...

Opinion – Monday 9 December 2024

U.S. Equity Markets Stocks closed mostly firmer on Friday with both the S&P 500 and NASDAQ 100 notching their third consecutive positive week and rising to fresh records following the November US jobs report, which keeps the Fed on course to cut at the December...

Opinion – Thursday 5 December 2024

U.S. Equity Markets Stocks closed positive on Wednesday with outperformance in the NASDAQ 100 while the Russell 2000 again underperformed. The Nasdaq was supported by gains in Tech, Consumer Discretionary and Communication names, the outperforming sectors, while...