Weekly Market Wrap | 20 January 2023
In the past week, pessimism (i.e. bearishness) among individual investors about the short-term direction of the stock market slipped last week to its lowest level in 10 weeks. Neutral sentiment also pulled back, while optimism (bullishness) has rebounded. So, with positive investors sentiments picking up, here are this week’s...
Weekly Market Wrap | 13 January 2023
Topic #1: US Inflation in line with expectations
What happened
The latest data indicates that inflation in the United States decelerated in December, as the Consumer Price Index (CPI) recorded a 6.5% increase compared to the previous year. Notably, this marks the sixth consecutive month of decline in inflation. Furthermore, the...
Weekly Market Wrap | 6 January 2023
Source: 5-day price movement for 3 major markets, Kitco
Stocks start 2023 on a positive note as hopes grow of slowing inflation
Stocks had a difficult year in 2022, with all three major averages experiencing their worst performance since 2008 and ending a three-year streak of gains. The Dow was the...
Weekly Market Wrap | 30 December 2022
Souce: The Big Picture, Historical Average of Christmas Rally, Santa Claus Rally and Average
No Santa Claus Rally in December?
The Santa Claus Rally refers to a seasonal stock market trend that typically occurs during the last five business days in December and first two days of January. During this period,...
Weekly Market Wrap | 23 December 2022
Bank of Japan shocked financial markets by finally raising interest rates
For the past 20 years, Japan has kept interest rates at zero in its battle against deflation. However, this week Tuesday, in a shocking move, it has finally deviated from its stance. The Bank of Japan (BOJ) hiked interest...
Weekly Market Wrap | 16 December 2022
US Fed raise interest rates (again)
The Federal Reserve (the Fed) hiked interest rates by 50 basis points on 14 December, bringing its key rate to the 4.25%-4.5% range. Investors were indeed expecting a smaller hike after recent CPI data showed signs that past hikes have been working.
Does this mean...
Weekly Market Wrap | 9 December 2022
China eases Covid restrictions
The double whammy of supply shortages and the country’s strict Covid rules in the past few months have challenged the narrative that China is the world’s factory. In November 2022, exports took a hit, contracting 8.7% compared to the same time last year - over double...
Weekly Market Wrap | 4 November 2022
The Federal Reserve hikes rates by 0.75% for the fourth consecutive time; Elon Musk takes the reins at Twitter
5 Things To Know About CapitaLand Ascendas REIT (SGX:A17U)
CLAR is one of the STI's 30 constituents, and the largest industrial REIT in Singapore
Weekly Market Wrap | 28 October 2022
US GDP records Q3 growth; Sunak calms markets; Big Tech tumbles