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Market Review

Weekly Market Review (13 May 2019) - What happened & What's next?

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…

Weekly Market Review (6 May 2019) - What happened & What's next?

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…

Weekly Market Review (29 April 2019) - What happened & What's next?

Global indices ended the week with mixed performances: S&P500 +1.2% WoW, Hang Seng Index -1.2% WoW, Shanghai Composite Index -5.0% WoW, KOSPI -1.6% WoW, FTSE -0.42% WoW. A renewed strengthening of USD and market expectations that China may slow on monetary easing given the recent recovery in key activity indicators…

Weekly Market Review (15 April 2019) - What happened & What's next?

Despite onshore Chinese equities taking a breather (-1.8%WoW), Asia equities were modestly up +0.3%WoW with Taiwan, Thailand and Philippines outperforming, while Malaysia, HK and Indonesia underperformed (MSCI, USD basis).

Weekly Market Review (08 April 2019) - What happened & What's next?

Global index closed higher last week due to better than expected China’s March PMI (50.5 vs consensus of 49.6) signs of progress on US-China trade talks. President Donald Trump’s top economic adviser says the U.S. and China are “closer and closer” to a trade deal, and that top-tier officials would…

Weekly Market Review (01 April 2019) - What happened & What's next?

Global index ended higher last week as signs of progress on US-China trade talks and better than expected earnings results outweighed fears over a slowing global economy. Dow Jones and S&P index each gained by +1.7% WoW and +1.2% WoW respectively. Treasury Secretary Steven Mnuchin said that discussions between US…

Weekly Market Review (25 March 2019) - What happened & What's next?

US market moved to negative territory after poor Germany’s PMI data released on Friday (-1.9%DoD), wiping out previous days’ gains (-0.8%WoW). On the other hand, Asian equities edged higher this past week on dovish Fed and good corporate results out of China. The FOMC meeting confirmed the Fed’s bias shifting…

Weekly Market Review (8 March 2019) - What happened & What's next?

Global markets closed the week higher with S&P 500 posted +2.9% WoW and DJI +1.6% WoW (DJI posted lower gain due to higher weighting on Boeing stock). China’s Premier Premier Li Keqiang highlighted stimulus to smoothen the downward economy pressure. On the other hand, investors will be focusing on the…