Major global indexes booked another losses last Friday with S&P and MSCI Asia ex-Japan down by -2.4% WoW, despite a surge in the US stocks on Friday amid some easing in US long-bond yields. 

Major global indexes booked another losses last Friday with S&P and Dow Jones each down by -3.9% and -2.8% WoW respectively. Gains in the earlier week was wiped out as investors worried about stagflation. 

Major global indexes were closed lower last Thursday with S&P 500 down by -2.4% WoW and MSCI Asia ex-Japan -0.9% WoW as investors continued to focus on inflation with core goods PPI exceeded consensus expectation. 

Major global indexes were closed lower last Friday with S&P and Dow Jones each down by -1.3% and -0.3% WoW respectively as investors continued to digest expectations of the Fed becoming more aggressive in combating high inflation. 

Global indexes were closed mixed last week with S&P 500 up by +0.1% while MSCI Asia ex-Japan was up by +1.7%. While the COVID outbreak in China continues to weigh on consumption and supply chains, the resultant shortfall from the 5.5% growth may well lead to stronger policy support, which…

Global indexes were closed mixed last week following choppy trade on the back of reports of a missile strike on a Saudi Aramco facility. Oil futures turned higher as attack caused an explosion and fire at the facility. Meanwhile, the Federal Reserve’s monetary policy and the Russia-Ukraine war remained in…

Global indexes reversed and recorded a weekly gain with S&P 500, DJI, and MSCI ex Japan up by respectively +6.2%WoW, +5.5%WoW, 3.9%WoW. The Fed hiking cycle has been started, but historically struggle for equity market during the Fed’s hike preparation. Powell stated multiple times on “long cycle” indicating reluctance ahead…

Global indexes continued to record losses with S&P 500, DJI, and MSCI ex Japan down by respectively -2.9%WoW, -2.0%WoW, and -4.5%WoW. The selloff driven by sentiment due to ongoing Russia invasion to Ukraine and commodity price volatility. Any news of a ceasefire or a detente is the relief rally to…