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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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U.S. Indices ended Wednesday day in the green after a session that saw plenty of two-way price action in wake of the Fed decision and Powell press conference. The decision was largely as expected, with rates left unchanged, although in the accompanying statement added...
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U.S. Indices were in the red for the large majority of the session on Tuesday, with the majority of sectors also residing in negative territory. Utilities and Energy were the only ones in the green, with the former buoyed by Constellation Energy (CEG) earnings and the...
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Both Equity Markets and the U.S. Dollar started Monday’s session in the red with Trump announcing tariffs on the non-US film industry, which hit names like NFLX, DIS, and AMZN. However, it was later clarified that no final decision has been made, and Trump will be...
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Markets chopped to the slew of data releases with contracting US GDP initially hitting equities and bonds, but the move faded to see T-notes settle flat while stocks closed green (ex-Russell). The GDP report was soft and accompanied by rising Core PCE Prices, boosting...
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US Indices closed positive on Tuesday, grinded higher for large parts of the US session as both Treasury Secretary Bessent and Commerce Secretary Lutnick spoke, albeit indices saw a bout of pressure on the former, but strength on the latter. The appearances come ahead...
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Stocks were choppy on Monday with early optimism unwound at the open in a tech-led sell-off as Huawei AI chip ambitions continue to hit Nvidia (NVDA). Meanwhile, the only data point released yesterday also caused some concern. The Dallas Fed Manufacturing survey was...
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U.S. Indices closed mixed on Friday with outperformance in the NASDAQ 100 seen thanks to Alphabet’s (GOOGL) earnings beat when reported on Thursday night, while the SPX also finished green. Both the Dow and Russell 2000 lagged, however. Trade uncertainties...
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U.S. Indices had rallied early Wednesday morning and accelerated to peaks in the US session on positive rhetoric regarding China and US trade. The Wall Street Journal reported that the White House is considering cutting China tariffs to de-escalate the trade war, with...
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