US indices finished yesterday’s session significantly lower. S&P 500 dropped 2.11%, Dow Jones moved 1.54% lower and Nasdaq slumped 2.84%. Russell 2000 finished 2.35% lower Interestingly, declines came in spite of a weakening of the US dollar yesterday. US 10-year yields hold below 3.8% Indices from Asia-Pacific traded lower as well. Nikkei dropped 2.1%, S&P/ASX […]

US indices recovered from early-session losses yesterday and finished trading with significant gains. S&P 500 jumped 1.97%, Dow Jones moved 1.88% higher and Nasdaq added 2.05%. Russell 2000 jumped 3.17% Recovery in risk moods was accompanied with a drop in US yields and weakening of the US dollar. 10-year US yields pulled back from around […]

US indices finished yesterday’s trading mixed after a volatile session. S&P 500 dropped 0.21%, Dow Jones moved 0.43% lower while Nasdaq gained 0.25% and Russell 2000 moved 0.40% higher US 10-year yields briefly breached 4% yesterday but have pulled back to 3.97% since US dollar gained after White House official Brian Deese said he does […]

US indices finished yesterday’s session lower. S&P 500 dropped 1.13%, Dow Jones moved 1.01% lower while Nasdaq fell 0.95%. Russell 2000 plunged 1.36% Indices from Asia-Pacific also traded lower today. Nikkei fell 1.25%, S&P/ASX 200 lost 1.6% while Kospi dropped 0.90%. Indices from China traded lower. DAX futures point to a slightly higher opening of […]

US indices finished yesterday’s trading higher. S&P 500 gained 0.69%, Dow Jones moved 0.64% higher and Nasdaq added 0.76%. Russell 2000 jumped 0.81% Indices from Asia-Pacific followed into footsteps of US peers and traded higher today. Nikkei gained 0.5%, S&P/ASX 200 moved 1.2% and Kospi jumped 0.6%. Indices from China traded 0.1-1.2% higher DAX futures […]

Indices from Asia-Pacific traded lower today. Kospi dropped 1%, indices from China traded up to 0.9% lower and S&P/ASX 200 moved around 0.1% lower. Liquidity during the Asian session was thinner as traders from Japan were off for holiday. Liquidity is also expected to be below-average in Europe as UK stock market will be shut […]

RBA Governor Lowe said that he sees rates cycling between 2.5 and 3.5% (currently at 2.35%). Lowe also said that the Bank will consider 25 or 50 bp rate hike at next meeting Chinese industrial production increased 4.2% YoY in August (exp. 4.0% YoY), retail sales were 5.4% YoY higher (exp. 3.9% YoY) and urban […]

US indices finished yesterday’s higher but the scale of the move was nowhere near the scale of sell-off from the day before. S&P 500 gained 0.34%, Dow Jones moved 0.10% higher and Nasdaq jumped 0.74%. Russell 2000 gained 0.38% Indices from Asia-Pacific traded mixed today – Nikkei and S&P/ASX 200 gained while Kospi and indices […]

Wall Street indices slumped yesterday following higher-than-expected CPI reading from the United States. S&P 500 dropped 3.94%, Dow Jones slumped 4.32% and Nasdaq plunged 5.16%. Russell 2000 dropped 3.91% Money market prices in a 35% chance of a 100 basis point rate hike at the FOMC meeting next week. Implied policy rate for year’s end […]