Market Analysis

September, 2021

  • 23 September 2021 12:30 pm

    Evergrande Stock Jumps More Than 20% After Days of Losses

    After a series of sharp losses suffered by the shares of the debt-laden Chinese real estate developer “China Evergrande” during the past few days, the stock was able to rise more than 8% in today’s trading session, Thursday, September 23, but the company’s share is still down more than 80% …

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  • 23 September 2021 5:32 am

    Bank Of England: Hawkish Hints Unlikely

    The Bank of England will hold a monetary policy meeting and will announce its decision on Thursday, September 23rd; markets are widely expecting the central bank to keep the key rate unchanged at 0.1%. The Bank of England expanded its Asset Purchase Facility to £875 billion between March and November …

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  • 23 September 2021 2:47 am

    Eurozone consumer confidence rises beyond expectations

    Eurozone

    The Eurozone’s consumer confidence index has risen in September as the spread of the Delta variant was managed and controlled as continent wide lockdown restrictions were eased.The European Commission said Wednesday that its measure of consumer confidence in the single-currency area rose to -4 (flash) from -5.3 in August. This …

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  • 23 September 2021 2:31 am

    Stock benchmarks gain around 1.0% each as Powell flagged taper

    U. S. shares have ended the key trading sessions surprisingly on a positive side, despite the Federal Reserve’s hint for tapering. The market’s reaction to the Federal Reserve’s announcements was originally expected to represent a low and favored securities, which kept the gains even as Chairman Jerome Powell supported the …

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  • 23 September 2021 1:44 am

    Most important outcomes of Powell’s statements

    Federal Reserve Chair Jerome Powell indicated that job gains have been very strong since January, but in August employment data slowed down markedly, particularly in leisure and hospitality sectors.Powell seemed optimistic about “Virus fears weighing on employment growth”, and expected that such concerns “should diminish over time”.Powell’s statements were as …

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  • 23 September 2021 1:15 am

    Federal Reserve issues FOMC statement (Full text)

    FOMC minutes

    The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most …

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  • 22 September 2021 10:52 pm

    Fed Leaves Policy Rate Unchanged

    The Federal Open Market Committee (FOMC) announced on Wednesday that it left the benchmark interest rate, the target range for federal funds, unchanged at 0%-0.25% as widely expected. In its policy statement, the Fed noted that if progress continues toward employment and inflation goals broadly as expected, a moderation in …

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  • 22 September 2021 10:45 pm

    Fed signals taper coming soon, rate hike shifts to 2022

    The Federal Reserve on Wednesday clarifed the way to reduce its monthly bond purchases soon. The U. S. Fed signaled that interest rate increases may follow more quickly than expected, with nine of 18 U.S. central bank policymakers projecting borrowing costs will need to rise in 2022.

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  • 22 September 2021 10:29 pm

    Fed hasn’t mentioned tapering schedule

    The U. S. Federal Reserve left interest rates unchanged at 0-0.25%, as wholly expected. The decision was taken unanimously.Indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but the rise in COVID-19 cases has slowed the …

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  • 22 September 2021 10:25 pm

    Fed is optimistic about economic activity

    The U. S. Federal Reserve left interest rates unchanged at 0-0.25%, as wholly expected. The decision was taken unanimously.Indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but the rise in COVID-19 cases has slowed the …

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  • 22 September 2021 10:16 pm

    FOMC left rates unchanged

    FOMC left rates unchanged after the end of its two-day meeting on Wednesday.   

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  • 22 September 2021 10:10 pm

    Fed left Interest rates unchanged

    Federal Reserve has announced that the interest rate will remain unchanged. Powell is expected to signal that the central bank will soon slow its large bond-buying program in a move that would be a first step in weaning the economy off its pandemic support.

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  • 22 September 2021 9:10 pm

    London plays down joining N. American trade partnership

    The British government has played down the possibility of any immediate moves to join a North American free trade area with the US, Mexico and Canada.10 Downing Street has insisted that Boris Johnson’s priority is still a stand-alone deal with Washington.The idea of a British bid to join the USMCA …

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