Hello reader, hope you’re doing well. Markets may witness upward trajectory in Wednesday trades following sharp gains in the US markets after the country’s inflation moderated, thus raising hopes that the Fed may take a dovish stance in the wake of cooling inflation. Another global factor that could help keep local traders in good stead […]
June 14, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Markets may usher in gains in early Tuesday trades amid a sharp rally in overnight US markets even though Asian gauges are trading mixed. Markets are growing hopeful about the US economy and the interest-rate picture, and are counting on a pause in interest rate hike by the Federal
June 13, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Back after a week’s hiatus as I’d been travelling. Local stocks showed early signs of optimism as the SGX Nifty experienced significant gains following a higher closing in the US markets on Friday. However, the overall sentiment has been shaken by the unexpected interest rate hike by the Bank
June 12, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. U.S. stock indexes closed up on Thursday as signs of slowing wage pressure on inflation raised hopes the Federal Reserve will pause raising interest rates in two weeks, and investors welcomed a vote in Congress to suspend the U.S. debt ceiling. Asian stocks surged on Friday as the progress
June 02, 2023 – Market Overview Read More »
Hello reader, hope you’re doing well. Thursday’s trading session is expected to begin with a lackluster performance for domestic equities, primarily influenced by a correction in the overnight US markets and a subsequent decline in various Asian indices. The early market sentiment appears to be sluggish or negative, potentially due to concerns surrounding the US
June 01, 2023 – Market Overview Read More »