Global Stock Market

US equities mostly fell on Thursday, with losses in large-cap tech stocks leading the fall. The S&P 500 was last down about 0.5% and testing the 4700 level, while the Nasdaq 100 index was last down 1.4% and back nuder 15,700. Apple was down nearly 1.0%, Meta (Facebook) was down …

Japan’s Nikkei fell on Thursday after a jump in COVID-19 cases prompted sell-offs in retail and other service providers, and technology shares fell. The Japanese Nikkei index closed down 0.96 percent to record 28,489.13 points, while the broader Topix index fell 0.68 percent. Japan recorded a rise in new cases …

US stocks rallied, although indexes gave up gains unevenly ahead of the close, while government bond yields ticked lower, sending the American dollar in a selling spiral, exacerbated by the breakout of technical levels.The EUR/USD pair trades at its highest in two months at around 1.1450, while GBP/USD jumped to …

The President and CEO of the Federal Reserve Bank of San Francisco Mary Daly has stated that the Federal Reserve Bank does not want to get too far ahead on calling a number of rate increases.She explained that they definitely see rate increases as early as March because inflation is …

US stocks traded higher on Wednesday after the inflation report comprising the awaited CPI data was released but in the afternoon trade gains were cut. The inflation figures in the US eased concerns that the Fed will need to tighten faster than early announced. The S&P 500 added roughly 0.28% …

The US budget deficit sharply narrowed to USD 21.3 billion in December 2021, compared with a USD 143.5 billion gap in the same period last year and market expectations of a USD 25 billion gap. Outlays increased 3.7 percent to USD 508.04 billion, while receipts soared 40.6 percent to USD …

According to the Fed’s Beige Book, a report on current economic conditions in each of the 12 Federal districts, most districts experienced a sudden pullback in leisure and travel spending, as well as hotel occupancy and patronage at restaurants as the number of Covid-19 Omicron infections rose. Additional Takeaways: “Contacts …

US equities are up broadly higher as markets relieved that the latest US CPI data was not worse, rather the data comes in line with expectations though at a 40 year high. The S&P 500 is about 0.3% in the 4730 area whilst the Nasdaq 100 up 0.5% and probing …

Japanese stocks rose on Wednesday after investors accepted shares that had fallen in price before, after the Federal Reserve Chairman Jerome Powell’s less hawkish-than-expected comments supported US stocks. The Japanese Nikkei index closed up 1.92 percent, recording 28,765.66 points, achieving the highest daily increase since December 21, while the broader …

The statements of US Federal Reserve Chairman Jerome Powell came with a state of concern in the markets about the lack of supply resulting from the current events in Libya and Kazakhstan, giving a solid boost for oil prices. Powell stressed that the fed uses all tools to manage the …