US equities closed with a fairly broad decline as regional bank fears soured the sentiment again. Pac West reported a deposit drain of 9%. Sell-off in Walt Disney (-8.74%) and…

While the Nasdaq (+1.11%) traded higher yesterday the other indices we track edged a little lower. DJ, DAX and FTSE shed 0.19%, 0.33% and 0.16% respectively. The April CPI came…

After another quiet day, the market focus today is on the US April CPI release as investors hope to gauge the Fed’s next move in response to inflation. While the…

After a strong rally on Friday due to the jobs report, US equity indices finished the day almost unchanged on Monday. There was no significant shift in the narrative around…

On Friday, the equity markets rallied strongly following the release of a strong jobs report. This led to a decrease in recession fears and boosted positive risk sentiment among investors.…

The April Non-Farm Payrolls (NFP) report was released today, revealing stronger-than-expected growth in the US labour market. US non-farm payrolls increased by 253K, surpassing the expected 180K. This signals continued…

Analysts expect to see only 181K new jobs (previous 236K). With the Fed signalling it is likely to stay on the sidelines for the foreseeable future, only a very significant…

The Federal Reserve raises rates and suggests a possible halt: By unanimous decision, the Fed increased rates by a quarter point, resulting in an overnight policy rate range of 5%…

The major US equity indices lost quite a bit of ground yesterday. The Dow Jones Industrial Average was down by about 600 points at its lowest point of the session.…

The Reserve Bank of Australia (RBA) surprised the markets by implementing a 25 basis point interest rate hike, leading to a strong rally in the AUDUSD currency pair. The decision…