weekly analysis

Weekly Analysis (6May – 10May) This coming week promises to be quite interesting as we get to see how various central banks around the world, excluding the Fed, ECB, or BoJ, decide to handle their policies. Some may decide to cut rates, some may decide to hold rates while sounding patient...

In the United States, the focus will be on the Federal Open Market Committee (FOMC) meeting, where it is anticipated that borrowing costs will remain at their current levels. Market participants will pay close attention to Chair Powell's comments for hints about potential rate cuts expected...

Global markets ended last week on a mixed note rattled by uncertainty over the next moves of central banks. Overall, global markets continue to face uncertainty over the direction of interest rates, which are likely to lead the volatility in the near term. This week the economic calendar will...

Crude oil prices and precious metals registered solid gains while global stocks ended modestly higher last week after the NFP data. The much-anticipated US Non-Farm Payrolls (NFP) report came mixed. The United States announced that Nonfarm Payrolls increased by 187k in August, surpassing...

Global markets ended mixed on Friday after U.S. Federal Reserve Chair Jerome Powell acknowledged the possibility that the Fed might have to hike interest rates again during his speech at the Jackson Hole conference. After the speech, CME Group projected that there is a 20% chance that the Fed...

Last week global stock markets and commodities have been under pressure as investors remain concerned about the global economic outlook and uncertainty regarding the Fed’s future rate hike decisions also appeared to pressure market sentiment. This week economic weakness in China and renewed Fed...

Global markets ended mixed last week as investors remain concerned about the prospect of further monetary tightening by various central banks. This week central banks' rate hike expectations and concerns over China’s economic recovery continue to hang over markets and the bulk of economic data...

The previous week ended with a new wave of selling in stock markets. A new wave of selling was initiated after Fitch, one of the major credit rating agencies, downgraded the US credit rating. This move has significant implications for the financial markets and the global economy. There is a wide...

Global stocks and precious metals started the new week mixed as investors continued to bet on further Federal Reserve tightening to bring decades-high inflation under control after the latest economic releases from the US showed the US GDP growth exceeded expectations and durable goods orders...

US dollar index started the new week on a positive note and gold prices remain unchanged in today's early trade while Euro extended the previous week’s pullback. It's undoubtedly a huge week ahead and all eyes will be turning to the FOMC, BOJ and ECB meetings Federal Reserve monetary policy...

Global stocks, precious metals and commodities ended on a bullish note last week after the latest inflation numbers stoked hopes the next rate hike from the Fed in July could be the last one. US Inflation Rate slowed to 3.1% in June of 2023, which would mark a 12th consecutive month of falls &...

Central banks playing catchup There has been incredible resilience in equity markets in recent weeks as central banks have ramped up interest rate expectations, particularly at the Fed, and bond markets have at times priced in a recession. While there have been wobbles in stock markets, they’ve...

Are investors right to be optimistic? As we head into the second quarter, it seems the list of economic concerns is growing rather than shrinking and yet equity markets find themselves in a very comfortable position. The rebound from the post-invasion lows has been impressive, to say the least...

Last week’s Consumer Price Index print caught everyone by surprise – month-on-month pop of 0.9% core inflation (last time seen in 1982) was way above the consensus expectation of 0.3%. Whilst an increase in inflation has been discussed nonstop ever since the Fed announced their Average Inflation...

This coming week is heavy on the economic data front. Both the Boj and the Fed are publishing their monetary policy statements and interest rate decisions, on Tuesday and Wednesday respectively. Preliminary U.S and Euro Area first quarter GDP data will be published on Thursday and Friday, while...

Joe Biden revealed the details of his US $2.25 trillion infrastructure stimulus plan last Wednesday. The key areas of interest, as expected, are modernizing infrastructure and upgrading manufacturing, research and development, as well as addressing climate change. The second plan, expected later...

Warren Buffett stated ‘Never bet against America’ in his latest annual letter to shareholders. The markets seem to agree with mister Buffett – American economy has rebounded from the recession and is now on an expansionary trajectory again, with a projected growth of 6.5% in 2021. U.S. fourth...

The upcoming week has been highly anticipated due to the number of central bank meetings taking place. We have the Fed, Bank of England and Bank of Japan giving their projections, monetary policy statement and announcing new benchmark interest rate. Out of the three, the Fed Chair Powell’s...

The markets have shrugged off the recent volatility event and taken a step higher once again with S&P 500 rising 4.65%, Nasdaq-100 5.25% while Russell 2000 was up 7.7% last week. All these indexes reached another all-time-high. Risk-on sentiment has been prevailing since last week when President...