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Equities move sideways as US dollar bounces back on strong employment figures
Equity Markets US markets dipped on Thursday as investors pondered better-than-expected figures regarding the labour market, as well as a report that the Whitehouse is re-considering its proposal to increase the corporate tax rate. Source: ...
Overnight on Wall Street: 3 June 2021
Equity Markets US equity indices were modestly higher overnight, fading from early session gains as traders awaited fresh catalysts in economic data. Dow Jones up 25 (0.07%) NASDAQ up 20 (0.14%) S&P 500 up 6 (0.14%) Russell 2000 up...
Gold and equities rally as Cryptos crash and Dollar dips
After dipping early in the month as inflation fears resurfaced, markets bounced back to broadly rally, with US and United Kingdomn equity markets touching on all-time highs. Global Equities Major world indices rallied strongly in May. Gains were seen ...
Overnight on Wall Street: Wednesday 26 May 2021
Equity Markets US equity markets struggled to find direction overnight. Stocks edged higher early in the session, but ultimately closed modestly lower in a choppy session. Dow Jones down 81 (-0.24%) NASDAQ down 4 (-0.03%) S&P 500 down...
Week Ahead: Equities remain jittery as inflation fears remain, Crypto crashes
Equity Markets US equity markets are coming off a mixed week. The S&P 500 registered a second straight down week for the first time since February, while the Dow posted its fourth negative week in five. The NASDAQ gained 0.31% last week after a ...
Overnight on Wall Street: Thursday 20 May 2021
Equity Markets US equity markets logged a third straight day of losses as inflation concerns remained at the centre of investors' focus. Stocks did finish well off the lows though with a tech rebound in stocks such as Facebook (FB) bringing the NASD...
Overnight on Wall Street: Wednesday 19 May 2021
Equity Markets US equity markets declined for a second straight day in a volatile session with stocks giving up earlier gains to a steep drop into the close. Dow Jones down 267 (0.78%) NASDAQ down 75 (0.56%) S&P 500 down 35 (0.85%) ...
Overnight on Wall Street: Tuesday 18 May 2021
Equity Markets US equity markets started the week with a modest loss as three of the four major indexes declined. Dow Jones down 54 (0.20%) NASDAQ down 51 (0.38%) S&P 500 down 10.5 (0.25%) Russell 2000 up 2.5 (0.11%) Tech stocks...
Week Ahead: Traders look to Fed as inflation fears resurface
Equity Markets US equity markets experienced considerable volatility last week as the Dow and S&P 500 both saw all-time highs but finished the week down -1.1% -1.4% respectively. US CPI figures coming in much higher than expected had invest...
Overnight on Wall Street: Thursday 13 May 2021
Equity Markets The Dow Jones suffered its worst day since January and worst three-day streak in 7 months. Dow Jones down 681 (1.99%) NASDAQ down 357 (2.67%) S&P 500 down 89 (2.14%) Russell 2000 down 72 (3.26%) High growth and te...
The “Aussie’s” outlook amid Diplomatic tensions with China
The Aussie dollar is on the rise again after the tumble taken after China decided to halt economic dialogues. Apart from becoming a commodity currency pair, United Kingdom offers investors visibility into the health of China's economy since China is Austr...
Overnight on Wall Street: Tuesday 11 May 2021
Equity Markets US markets sold off last night with Tech and growth stocks particularly hard hit. The Nasdaq posted its worst day since March. Tech stocks came under heavy selling pressure as traders rotated away from growth stocks into value stocks ...
Preview: Non-Farm Payroll Announcement
It’s the beginning of a new month which means that the Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data will be released at 1:30 PM London time on Friday. Why is the announcement i...
Equities rally as Central Banks take dovish tone
Equity Markets US markets had a broad rally last night with the Dow Jones again hitting all-time highs and the NASDAQ breaking its 5 day losing streak, with strong employment data and rising commodity prices giving investors optimism in the global...
Overnight on Wall Street: Thursday 6 May 2021
Equity Markets Overnight on Wall St, we saw a mixed performance with the Dow Jones hitting record highs while the NASDAQ fell for its fourth straight day of losses – its longest losing streak since October’s investors weighed concerns over inf...
