Three major US indices finished yesterday’s session lower, while investors look ahead to today’s Fed meeting. S&P 500 fell 0.41%, Dow Jones dropped 0.24% and Nasdaq lost 0.89%. Mixed moods prevailed during the Asian session. Nikkei fell 0.05%, S&P/ASX 200 rose 0.14% lower while Kospi jumped 0.17%. Chinese indices traded over 1.0% higher. DAX futures […]
The RBA raised interest rates by 25 basis points in line with market expectations (current rate 2.85%). AUD weakened after the decision but erased losses ahead of European session. RBA action indicates that global central bank pivot is underway The RBA indicates that hikes and inflation are limiting household strength. However, inflation expectations remain above target […]
Indices from Asia-Pacific traded mixed during the first trading session of the week. Indices from ex-China gained, responding to solid Wall Street session on Friday, while indices from China moved lower after poor PMIs and news of new Covid outbreaks European index futures point to a slightly higher opening of the cash session on the […]
US indices finished yesterday’s trading mixed. S&P 500 dropped 0.61%, Dow Jones added 0.61%, Nasdaq plunged 1.63% and Russell 2000 ticked 0.11% higher US index futures moved lower in the after-hours trading, following disappointing earnings release from Amazon Amazon shares dropped 12% in the after-market. Company reported 15% revenue growth in Q3 2022 to $127.1 […]
US indices finished yesterday’s session lower, with tech shares underperforming the most as disappointing earnings from Microsoft and Alphabet dented moods towards the sector. S&P 500 dropped 0.74%, Dow Jones finished flat while Nasdaq slumped 2.04%. Russell 2000 bucked the trend and gained 0.46% Meta Platforms plunged almost 20% in the after-hours trading after the […]
US indices finished yesterday’s trading higher, marking a third bullish session in a row. S&P 500 gained 1.63%, Dow Jones moved 1.07% higher and Nasdaq added 2.25%. Small-cap index Russell 2000 rallied 2.80% US indices, however, gave up some of the cash session gains in the after-hours trading as Q3 earnings reports from Alphabet […]
US indices finished yesterday’s trading higher with Dow Jones leading gains. S&P 500 gained 1.19%, Dow Jones moved 1.34% higher and Nasdaq added 0.86%. Russell 2000 traded 0.35% higher Indices from Asia-Pacific traded mostly higher today. Nikkei gained 1%, S&P/ASX 200 traded 0.3% higher while Kospi dropped 0.1%. Indices from China erased declines after so-called […]
Indices from Asia Pacific traded mixed during the first session of the week. While indices from Australia, Japan and South Korea traded 0.5-1.5% higher, indices from China plunged over 1%. Chinese Hang Seng slumped over 5%, following the CCP congress, that saw President Xi reinforce his grip on power and signalled continuation of his policies […]
US indices deepened Wednesday’s declines yesterday and finished lower for the second day in a row. S&P 500 dropped 0.80%, Dow Jones moved 0.30% lower and Nasdaq was 0.61% down. Russell 2000 dropped 1.24% Indices from Asia-Pacific traded lower today. Nikkei dropped 0.5%, S&P/ASX 200 moved 0.8% lower and Kospi traded 0.2% down. Indices from […]
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