weekly analysis

Global markets started the new week with positive news. US President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle” to raise the nation's legal debt ceiling on Saturday. However, the markets hardly moved on Monday morning as the U.S. and UK markets are closed for...

The US dollar retreated from the 2-month highs while US stocks and oil prices ended slightly lower on Friday following the mixed remarks from US Treasury Secretary Janet Yellen and Fed Chair Jerome Powell. The Fed chair Jerome Powell reinstated that inflation is still far above the target, but...

Commodities, Precious metals and stocks ended mixed last week despite the latest US CPI and PPI readings showing continued month-over-month inflation moderation. Investors and market participants remain concerned about the debt ceiling impasse, after the meeting between President Biden and...

Global markets ended mixed last week after the 3 major central banks RBA, FED, and the ECB raised interest rates by 25 basis points across their lending rates, respectively. The central banks hinted at a possible holding of interest rates in the period ahead. The main attractions for this week...

The week has started off fairly quietly in terms of price action because the markets the UK, China & various other markets all closed for the May Day holiday. However, the volatility is expected to pick up later this week due to high-impact economic events like the US employment report, Eurozone...

Global markets made slim gains on Monday as investors remain concerned about the prospect of further monetary tightening. Recently, Cleveland Fed President Loretta Mester, typically among the more hawkish policymakers, said she favoured getting rates above 5% because inflation was still too...

Global Markets ended last week on a mixed note despite the US banking giants JPMorgan Chase, Wells Fargo and Citigroup reported better-than-expected earnings results. The negative sentiment fueled after the minutes from the FED’s last policy meeting indicated that the effects of the U.S. banking...

Global Markets have started the week off quietly because the markets in the UK and Europe remained closed on Monday to mark the Easter Holiday. However, the volatility is expected to pick up later this week due to high-impact economic events like US CPI and FOMC meeting minutes, which will...

Global markets start the new week on a positive note after OPEC+ unexpectedly announced crude output cuts that threaten to tighten the market. The first week of a new month is expected to be a busy one, with the main focus on the highly anticipated US nonfarm payroll data for March, which will...

US stock indices and commodities opened modestly higher this week as risk sentiment improved. Last week the US Federal Reserve announced a quarter-point hike to the Fed’s benchmark rate but also acknowledged that the central bank considered pausing the increases because of instability in the...

Rattled global stock markets have ended another brutal week as the banking crisis stoked fears of broader weakness in the global economy. There is a wide range of views as some feel that the chances of a big banking crisis and severe market decline have increased significantly while others worry...

Global stocks markets ended on a strong bearish note on Friday after financial regulators shut down one of the leading lenders in the United States, the Silicon Valley Bank (SVB). Meanwhile, the most awaited US jobs report showed on Friday the US economy added 311,000 jobs in February, more than...

The focus of the market this week will be the speech of the Federal Reserve chair Jerome Powell for cues on interest rate hikes and the state of the economy. Powell testifies before Congress on Tuesday and Wednesday. Anything suggesting more aggressive tightening, and thereby adding to fears...

Precious metals, major indices and commodities started the new week on a nervous note as the US rate hike worries still weighing on the markets. Overall, global markets continue to face uncertainty over the direction of inflation and interest rates, which are likely to lead the volatility in the...

Global markets ended last week on a mixed note as investors are keeping a close watch on central bank actions as they try to assess the impact of aggressive rate hikes on global growth. It will be a holiday-shortened week in the US, with markets closed on Monday for a public holiday. However...

Global markets started the week on a cautious note on Monday as inventors anxiously waiting for the release of the US CPI report for January that might influence the Federal Reserve’s decision on whether to act more aggressively. Last week, Federal Reserve Chairman Jerome Powell today reiterated...

Global markets ended last week on mixed after Jan US job market numbers exceeded market forecasts that fuelled expectations that the US Fed will continue to raise interest rates aggressively to combat inflation. Total nonfarm payroll employment increased by 517,000 in January, and the...

Global markets ended last week on a positive note as prospects of slowing economic growth fanned hopes that global central banks may go slow on interest rate hikes. On Friday, the latest PCE inflation data showed the Federal Reserve’s preferred inflation gauge eased further in December, marking...

Precious metal and commodities concluded their final trading session of the last week on a modestly positive note while major U.S. indexes closed mixed on Wall Street after several Federal Reserve officials flagged the likelihood of continued interest rate hikes despite the soft inflation...

Global stock markets started the new week on a bullish note with Chinese equities the star performer after the People’s Bank of China injected more liquidity into the banking system. Last week, metals and global stocks ended higher after the data released on Thursday showed that U.S. consumer...