Opinion Tuesday 16 April 2024

The U.S Equity Market sell-off continued Monday to see the S&P 500 lose 2.6% across Friday and Monday, its largest two-day sell-off in more than a year, and now closing beneath its 50 Day Moving Average for the first time in five months, according to Bloomberg,...

Opinion – Monday 15 April 2024

U.S. Equity Markets were sold on Friday with Iran fears and poor bank earnings weighing into the weekend, with small caps suffering the most. Treasuries saw strong gains, paring some of the week’s losses amid the Iran concerns and risk aversion. JP Morgan saw...

Opinion – Thursday 11 April 2024

U.S. Equity Markets closed lower yesterday following the release of the latest inflation report from Uncle Sam which came in “hotter than expected”. The March consumer price index (“CPI”) rose 0.4% for the month, making for a 3.5%...

Opinion – Wednesday 10 April 2024

U.S. Equity Markets ultimately saw slight gains despite a choppy session yesterday, that witnessed plenty of two-way price action. Strength in the futures was seen pre-market after reports Google (GOOGL) is expanding its in-house chip efforts and a slew of cloud deals...

Opinion – Tuesday 9 April 2024

It was calm before the storm on Monday as participants await key risk events, namely U.S. CPI on Wednesday, but also several Central Bank decisions, including from the ECB, BoC and RBNZ, while the FOMC Minutes will also be released post-CPI. Earnings season also...

Opinion – Monday 8 April 2024

Equity Markets rallied Friday after shaking off a knee-jerk sell-off to the hot U.S. jobs report. The 303K jobs added (exp. +200K; prev. +270K), just in line AHE (+0.347% M/M) and fall in U rate 3.8% (exp. unchanged. at +3.9%) saw big selling in Treasuries as part of...