While US equities posted new highs (SPX +1.7% WoW) on strong corporate earnings, Asian equities struggled, posting declines of -0.8WoW, as investors somewhat pared back their expectations on the extent of easing by CBs.

US markets ended the week with the steepest weekly decline since the end of May-19, Dow Jones and S&P declined by -0.65% and -1.2% WoW respectively. The slipped occurred after Fed indicated that rate cut in the upcoming meeting will be lower than expected (25 bps from market expectation of…

•    US markets touched new highs last week on the back of Powell’s Testimony which signaled a rate cut in July. On the other hand, Asia started the week on a dismal note due to dampened expectations of Fed cuts post the strong US June NFP data and escalating trade…

Globally, markets turned to more positive mood in early last week, triggered by trade truce between US and China. However, until the ink on a deal is dry, uncertainty is almost certain to persist as talks could fail quickly and without prior warning. On domestic side, given a foreign inflow…

Equity indexes were mixed last week ahead of G-20 meeting. During its Wednesday rate-setting meeting, the Fed signaling a willingness to trim rates as soon as the end of July 30-31 gathering to curb the effect of tariff clashes between US and China.  Over the weekend, there are some improvement…

Equities got a big lift this past week from supportive monetary policies as major CBs such as the Fed, the BOE, the BOJ and the ECB stayed rather dovish. Equities were first boosted by the FOMC as it signaled widely expected rate cuts and shifted policy forecasts towards being more…

Asian equities started the past week on strong footing from the afterglow of supportive Central Bank (CB) policies, but gave away some gains later in the week as Chinese data disappointed expectations. On Monday, while China’s export growth came out above expectations in May, supported by possible front loading of…

During long holiday last week, financial market turned positive both in equity and also bond market, on the back of dovish major central banks (Fed and ECB). S&P jumped 4.4% WoW, one of the highest weekly gain in 2019, while MSCI EM went up by 0.9%.