Weekly Market Wrap | 10 July 2023
Private employers in the United States added a significant number of jobs in June, surpassing expectations and indicating a robust job market. According to the private payroll supplier ADP, 497,000 new jobs were created last month, marking the largest monthly increase in over a year. The rise in hiring was primarily driven by consumer-facing service industries, with leisure and hospitality jobs contributing the most to the surge.
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 | 30 September 2022
Equity markets have continued to fall as 10 year treasury yields hit 4%...
Weekly Kick Start | 30 October 2023
This week in the financial markets, strong economic data emerged from the United States, complemented by another week of tech earnings where major tech companies exceeded analysts’ estimates. Yet, when taking a broader and longer-term perspective into account, concerns of an impending recession, coupled with heightened capital expenditure (CAPEX) pressures, weighed down on stock markets.
Weekly Market Wrap | 23 September 2022
As widely expected, the Fed delivered its third 0.75% hike last week...
Markets in Motion: How Syfe Managed Portfolios Are Positioned
The S&P 500 just experienced its worst two-day drop since March 2020. See how Syfe’s managed portfolios held up—and how they’re positioned to navigate the volatility ahead.
Weekly Market Wrap | 7 October 2022
Job growth remained robust in September, but easing slightly from the summer months...
Weekly Market Wrap | 02 May 2023
On Last Thursday, strong quarterly results from tech giants Facebook parent Meta Platforms Inc, Alphabet Inc, and e-commerce giant Amazon.com Inc led a rally on Wall Street. The S&P 500 Communication Services Index saw its biggest one-day percentage gain since February 2022, rising by 5.5%.
Weekly Kick Start | 16 October 2023
This week has seen increased volatility across various asset classes, primarily due to the ongoing Israel-Hamas conflict. Notable events included the release of earnings results for Netflix and Tesla, as well as the unveiling of China’s GDP growth numbers. In this week’s report, we have provided coverage of the earnings reports for these two prominent companies.
