About: anakin
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Daily Market Analysis Market Focus US equity markets were negative as the bond yields became steady and investors rotated away from the stocks. In the meantime, European markets eked out a gain whilst most Asia shares fell the most in almost three weeks. Among those, Hong Kong equities declined to a 10 correction as it’sContinue Reading
Written on March 25, 2021 at 12:48 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US equity market suffered despite easing bond yields. The three big indexes were on the retreat. The S&P 500 index slumped 0.64%, with industrials and materials stocks led the decline. Here is Bloomberg’s key takeaways from Janet Yellen and Jerome Powell House CARES act testimony: • The Fed expects a temporaryContinue Reading
Written on March 24, 2021 at 1:45 am
Categories: Today's Analysis
Daily Market Analysis Market Focus Nasdaq 100 climbed as high as 2% as the US Treasury yields slid, providing a tailwind for equity markets. Markets also focused on the Federal Reserve’s SLR decision. The Fed is letting expire at the end of March a temporary change to its SLR requirement for banks. The worst scenarioContinue Reading
Written on March 23, 2021 at 3:47 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US equity market was mixed as investors weighed the risk of inflation with economic growth accelerating. The Dow Jones Industrial Index is down on a second consecutive day, dropped 0.77% on Friday. Meanwhile, the S&P 500 index pared its weekly losses, with communication stocks led the gain and financial andContinue Reading
Written on March 22, 2021 at 1:38 am
Categories: Today's Analysis
Daily Market Analysis Market Focus In the US market, Nasdaq fell as the US Treasury yields hit another highest level in more than a year amid the concern of letting inflation accelerate after the FOMC. The 10- year US Treasury hiked to as high as 1.75% for the first time since January 2020 even thoughContinue Reading
Written on March 19, 2021 at 5:09 am
Categories: Today's Analysis
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