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U.S. Indices saw two-way price action on Monday and ultimately closed little changed, albeit the Russell 2000 underperformed. The session started rather sombre with downside in US stocks, bonds and the Dollar in the wake of Moody’s downgrading the US credit...
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U.S. Indices ended Friday’s session with slight gains, albeit in thin newsflow on Friday, as the main event of the week came before US players even got to their desks on Monday. That is, the US and China agreed to cut tariffs on each other by 115ppts. Back to Friday,...
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U.S. Indices closed mixed on Wednesday (SPX +0.1%, NDX +0.6%, DJI -0.2%). Gains were seen in the Mag-7 led sectors, namely, Communications (GOOGL +3.7%), Tech (NVDA +4.2%), and Consumer Discretionary (TSLA +4.0%). Additionally, AMD’s announced USD 6bln stock...
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U.S. Indices extended on gains seen on Monday, as largely cooler-than-expected US CPI provided an additional fillip to US equity futures, albeit only being short-lived. Thereafter, as sentiment continued to improve through the US afternoon, broad-based risk-on trade...
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U.S. Indices surged on Monday as risk-on trade was seen to start the week amid the positive trade developments between the US and China, whereby both countries agreed to cut tariffs by 115ppts, in what was a much larger drop than expected. The combined 145% US tariffs...
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U.S. Indices were little changed (SPX -0.1%, NDX unchanged, DJIA -0.3%, RUT -0.1%) with markets now awaiting the outcome of US-China trade talks over the weekend. On the day, both stocks and Treasuries chopped to US President Trump floating the idea of a reduction in...
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