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.
Hong Kong’s Top 10 Bank HKD Time Deposit Rates – May 2025
According to Syfe's continuously updated market research, based on recent information from the official websites of 10 major banks in the market, the best 3-month HKD fixed time deposit rate stands at 3.30%, with DBS Bank offering the highest rate at 3.20%, followed by several banks at 3.10% including Standard Chartered, Hang Seng, Bank of East Asia, and Nanyang Commercial Bank. For the longer 6-month HKD time deposit term, DBS Bank leads with 3.25%, followed closely by Bank of Communications at 3.20%.
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.
March 2025 FOMC Review: Markets Gain As Fed Holds Rates Steady
You’ve seen the headlines—trade tariffs from the Trump administration are back in focus, Elon Musk’s latest DOGE-related plans are making waves, and global markets are reacting to renewed policy uncertainty. Meanwhile, investors are feeling the heat. From the peak, the S&P 500 is down -6.6%, and the Nasdaq 100 has dropped -9.6% (as of March 6, 2025).
