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%. 

Global equity sell-off intensified as Asian equities slumped by another 3.5% WoW as China retaliated for US tariff moves by imposing tariffs on some USD60bn worth of US exports, together with the news that suggests US and China trade talks may have stalled. Exacerbating market concerns was disappointing activity data…

After the trade talks hit a wall last week, the Trump administration unexpectedly decided to increase tariffs to 25% (from 10%) on USD200bn worth of Chinese imports. Subsequently, Asian equities slumped by -4.9%WoW. While there has been some reconciliatory tone from the US and China on Friday after Asian markets…

Global stock indices were mixed but mostly lower for the week (Dow Jones -0.1% WoW, S&P +0.2% WoW, Hang Seng +1.6% WoW, Shanghai Composite -0.3% WoW). Investors were disappointed by Federal Reserve Chairman, Jerome Powell’s remarks last Wednesday. Powell offered no indication the central bank was eager to move rates…