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Market Analysis

24 October 2022
Week Ahead: Possible Interest Rate Hikes from Central Banks

This week, the Bank of Canada, the European Central Bank, and the Bank of Japan will announce their interest rate decisions, with expectations of possible rate hikes. Meanwhile, the US is scheduled to release its Flash Services PMI, Advance GDP, …

24 October 2022
US 10-year treasury yield dropped, Fed possibly to slow the pace of hikes

U.S. equities traded higher over the course of yesterday’s trading. The Dow Jones Industrial Average gained 2.47% to close at 31082.56. The S&P500 gained 2.37% to close at 3752.75 The tech-heavy Nasdaq Composite gained 2.31% to close at 10859.72. Equities …

21 October 2022
Stocks were volatile Thursday, as 10-year yields spiked

U.S. equities traded lower over the course of yesterday’s trading. The Dow Jones Industrial Average lost 0.3% to close at 30333.59. The S&P500 lost 0.8% to close at 3665.78. The tech-heavy Nasdaq Composite lost 0.61% to close at 10614.84. Equities …

20 October 2022
US Equities snapped a two-day winning streak as treasury yields rallied

U.S. equities traded lower over the course of yesterday’s trading. The Dow Jones Industrial Average slid 0.33% to close at 30423.81. The S&P 500 lost 0.67% to close at 3695.16. The tech-heavy Nasdaq Composite lost 0.85% to close at 10680.51. …

19 October 2022
Better-than-expected earnings boost US stocks

U.S. equities extended their gains into the second trading day of the week. The Dow Jones Industrial Average rose 1.12% to close at 30523.8. The S&P 500 gained 1.14% to close at 3719.98. The tech-heavy Nasdaq Composite edged 0.9% higher …

18 October 2022
Q3 financial earnings have boosted market sentiment

U.S. equities rallied on the first trading day of the week. The Dow Jones Industrial Average gained 1.86% to close at 30185.82. The S&P 500 jumped 2.65% to close at 3677.95. The tech-heavy Nasdaq Composite soared 3.43% to close at …

17 October 2022
Week Ahead: US Set to Release Its Empire State and Philly Fed Manufacturing Index

Key economic reports are due for release this week starting with the US Empire State and Philly Fed Manufacturing Index. Several countries will also release their Consumer Price Index, including the UK, Canada, and New Zealand. Australia will release its …

17 October 2022
US Stocks lower on Friday, US 10-year treasury yields rise above 4%

U.S. stocks edged lower on the last trading day of the week. The Dow Jones Industrial Average lost 1.34% to close at 29634.83. The S&P 500 dropped 2.37% to close at 3593.07. The tech-heavy Nasdaq Composite slumped 3.08% to close …

14 October 2022
US CPI released higher at 8.2%

U.S. equities experienced a volatile trading session with the release of U.S. CPI data. The Dow Jones Industrial Average rose 2.83% to close at 30038.72. The S&P 500 gained 2.6% to close at 3669.91. The tech-heavy Nasdaq Composite climbed 2.23% …

13 October 2022
Producer Price Index rose, Market awaits Inflation data

US equity fell on Wednesday, with investors bracing for Thursday’s reading on consumer prices. Producer Price Index figures of 0.4% on Wednesday showed prices paid to US producers rose in September by more than expected ahead of a key measure …