Weekly Market Review (19 Aug 2019) - What happened & What's next?
SPX declining -1%WoW due to market concerns on potential upcoming US recession on the back of the US 10Y/2Y yield curve briefly inverting, weak German economic data and China’s disappointing credit and activity data where Industrial Production and retail sales growth slowed down in July.
Weekly Market Review (9 Aug 2019) - What happened & What's next?
Global equities continued to trade lower last week S&P500 -0.5%WoW, Dow Jones -0.8% WoW, Nikkei -1.5% WoW and Shanghai -3.2% WoW still due to concern about trade war. Indexes experienced sharp losses early last week but managed to claw back most of the losses on the last day.
Weekly Market Review (29 July 2019) - What happened & What's next?
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.
Weekly Market Review (22 July 2019) - What happened & What's next?
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…
Weekly Market Review (15 July 2019) - What happened & What's next?
• 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…
Weekly Market Review (08 July 2019) - What happened & What's next?
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…
Weekly Market Review (01 July 2019) - What happened & What's next?
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…
Weekly Market Review (24 June 2019) - What happened & What's next?
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…