Weekly Market Wrap | 13 March 2023
The LIBOR is a globally accepted benchmark rate at which major banks lend to one another in the international interbank market. An increase in LIBOR generally reduces the value of fixed income securities due to higher interest rates and borrowing costs.
Weekly Market Wrap | 03 March 2023
Historically, interest rates of 5% or more were the norm, and stocks performed well during those periods. Higher interest rates can encourage people to save, which could lead to increased investment in new technology and factories, improving productivity and growth prospects.
Weekly Market Wrap | 27 February 2023
The Hang Seng Index is now down 10.06% since its high in January. Some believe the market decline is due to growing geopolitical concerns and doubts over the strength of China's economy. Investors are also seeking more evidence that the economy's recovery is on safe footing, as a sharp three-month surge in the measure started to reverse in February.
Weekly Market Wrap | 17 February 2023
Latest US inflation data out on Tuesday has disappointed investors, as prices continued to rise in January by 6.4% annually. This marked the seventh consecutive month of price increases, with only a slight cooling from December's 6.5% pace.
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%.
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 Market Wrap | 28 October 2022
After entering a mild technical recession in the first two quarters of the year, real GDP increased at an annual rate of 2.6% in the third quarter, beating analysts’ estimates by 0.3%...
Weekly Market Wrap | 14 October 2022
The latest CPI figures showed that inflation is still running too hot, even as energy prices moderated...
Weekly Market Wrap | 7 October 2022
Job growth remained robust in September, but easing slightly from the summer months...
