Weekly Market Wrap | 17 April 2023
The US Bureau of Labor Statistics has released the consumer price index data for March which increased by 5% year-on-year, a significant deceleration compared to the 6% rate recorded in February. Core CPI, a measure of underlying price pressures that strips out volatile energy and food costs, rose by 5.6% year-on-year, indicating that price pressures for some goods and services are still elevated.
Weekly Kick Start | 09 October 2023
After weeks of market volatility, this week brought some relief for equity investors with positive gains. Among the top concerns this week are speculation about the next steps from the Bank of Japan (BOJ), anticipation surrounding developments at FTX, and the news that ExxonMobil is closing in on a $60 billion deal to acquire Pioneer Natural Resources, a move that could make it the leading U.S. oil producer.
Weekly Market Wrap | 6 February 2023
In last week's FOMC meeting, the Federal Reserve (the Fed) increased the benchmark interest rates by 0.25 percentage points, bringing it to 4.5%-4.75%.
Weekly Kick Start |19 February 2024
In a groundbreaking development for the tech industry, Nvidia, the leading AI chipmaker, has emerged as a formidable force, overtaking Alphabet, Google’s parent company, in market capitalization. This shift underscores Nvidia’s unparalleled growth trajectory fueled by its dominance in the AI space. Let’s delve into the key insights from this event and its implications for the tech landscape.
Weekly Market Wrap | 10 June 2022
The inflation report released on Friday showed a re-acceleration of inflation.
Weekly Market Wrap | 24 April 2023
Major US banks continue to report their earnings for the first quarter of 2023, with Bank of America and Bank of New York Mellon both reporting better-than-expected earnings results.
Weekly Kick Start | 16 October 2023
The past week has seen markets roiled by a surge in volatility, primarily driven by two major factors: the Israel-Hamas conflict and the release of crucial inflation data. These events had investors and analysts closely monitoring their potential impact on market dynamics. In this market week wrap, we’ll discuss the inflation numbers and its repercussions on the macroeconomic landscape.
Weekly Market Wrap | 10 February 2023
Current CNN fear-greed index in the past week is at a high since the start of 2023. Yet, inflation is not as simple as it appears and thinking that it will swiftly return to normal levels is a perilous misconception. Despite starting to decrease from its all-time highs, it may still take longer than expected to reach the normal range of 2%.
