Category Archives: Today’s Analysis
Written on June 2, 2021 at 2:20 am, by anakin
Daily Market Analysis Market Focus US equities edged lower despite upbeat US Manufacturing number came out on Tuesday. The S&P 500 index lost 0.05% with Energy shares led the gain, while Health Care stocks performed the worst. OPEC+ group agreed to gradually ease production cuts in June and July. In accordance with its April decision,Continue Reading
Written on June 1, 2021 at 1:47 am, by anakin
Daily Market Analysis Market Focus US stocks market is closed for Memorial Day holiday, but futures was still open to trade. Futures on the three big equity indices declined as traders await fresh catalysts. This Friday’s Non-farm Payroll report will be crucial as it could materially changes Fed’s views on inflation and job market. “PolicyContinue Reading
Written on May 31, 2021 at 1:31 am, by anakin
Daily Market Analysis Market Focus US equity market edged higher amid President Biden’s generous fiscal spending budget announcement of $6 trillion in 2022. The tech heavy Nasdaq 100 index up 0.2% and the Dow Jones Industrial Average index marched 0.3% on the last trading day in May, trading session will be closed next Monday asContinue Reading
Written on May 28, 2021 at 2:57 am, by anakin
Daily Market Analysis Market Focus US equity market was in a good mood overall as data showed US jobless claims dropped to fresh pandemic low. The S&P 500 and Dow Jones Industrial Index advanced 0.39% and 0.79% respectively, and the Nasdaq 100 index declined 0.06%. Industrials and Financials share led the gains in the S&PContinue Reading
Written on May 27, 2021 at 12:46 am, by anakin
Daily Market Analysis Market Focus Another quiet day in US equities market, with the big three indices edged marginally higher amid thin liquidity on Wednesday. Within the S&P 500 index, we saw better performance in Consumer Discretionary sector, while Health Care shares trailed behind. A report from Fitch Ratings suggests the US labor market willContinue Reading
Written on May 25, 2021 at 4:11 am, by anakin
Daily Market Analysis Market Focus US equities market kicked off the week with some handsome gains. The Nasdaq 100 and S&P 500 rose 1.82% and 1.14% respectively, while the Dow Jones Industrial Index lagged slightly behind. Technology shares led gains across the board as inflation concerns are being addressed by Fed officials today. The USContinue Reading
Written on May 24, 2021 at 2:02 am, by anakin
Daily Market Analysis Market Focus Technology companies led a rebound in U.S. equities on Thursday after a report showing U.S. stocks were mixed after investors were whipsawed in part by volatile trading in high-risk assets such as Bitcoin amid lingering concerns about the outlook for inflation. Oil rose for the first time in four tradingContinue Reading
Written on May 21, 2021 at 1:54 am, by anakin
Daily Market Analysis Market Focus Technology companies led a rebound in U.S. equities on Thursday after a report showing applications for state unemployment insurance fell last week to a fresh pandemic low rekindled optimism in the economic recovery. The Nasdaq 100 Index jumped to a two-week high, with gains in megacaps including Apple Inc., MicrosoftContinue Reading
Written on May 20, 2021 at 3:07 am, by anakin
Daily Position Report PNL Changed (System Time 5/19 00:00- 5/19 23:50) Total PNL During the Day Clients’ gains were around 2.437 M ten mins ahead of the EOD. Intraday Client PNL Clients Profit Clients Loss Client Net Position BOOK Exposure & Top PNL at EODContinue Reading
Written on May 19, 2021 at 2:03 am, by anakin
Daily Market Analysis Market Focus U.S. stocks declined for a second day with losses steepening in the final 15 minutes of trading as investors weighed the rush to reopen the economy against inflationary pressure from a rise in commodity prices. All three of the main U.S. equity benchmarks closed lower after mega-cap technology stocks includingContinue Reading
