Market Commentary Global markets – The US indices closed Thursday lower over disappointed retail sales growth. Dow fell by 0.2 pct while Nasdaq fell 0.9 pct. Global Indices % Change Last Close1 dayYTDDow Jones43,153-0.21.4Nasdaq19,388-0.90.1Hang Seng19,511-0.1-2.7Nikkei38,193-1.0-4.3 Commodities – Gold prices rose and stood at USD 2,713 supported by Fed rate...
Market Commentary Global markets – US equity Indices closed Wednesday in positive as yield falls and investors cheer recent inflation data. Down Jones closed higher by 1.5 pct, Nasdaq jumped 2.45 pct. Global Indices % Change Last Close1 dayYTDDow Jones43,2211.71.6Nasdaq19,5111.71.0Hang Seng19,4510.9-3.0Nikkei38,5930.4-3.3 Commodities – Gold prices fell and...
Market Commentary Global markets – The US indices closed green on Tuesday before CPI inflation report. Dow grew by 0.5 pct while Nasdaq grew 0.5 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,5180.5-0.1Nasdaq19,1880.5-0.6Hang Seng19,2790.3-3.9Nikkei38,6280.4-3.2 Commodities – Gold prices fell and stood at USD 2,672 ahead of inflation print. On the...
Market Commentary Global markets – The US indices mixed on Monday as participants awaits inflation data, and corporate earnings. Dow grew by 0.9 pct while Nasdaq fell 0.4 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,2970.9-0.6Nasdaq19,088-0.4-1.1Hang Seng19,0480.9-5.0Nikkei38,469-1.8-3.6 Commodities – Gold trading rose above USD 2,669 backed by...
Market Commentary Global markets – The US indices tumbled on Friday due to uptick in treasury yield and stronger than expected Jobs data. Dow slipped by 1.6 pct while Nasdaq slid 1.6 pct. Global Indices % Change Last Close1 dayYTDDow Jones41,938-1.6-1.4Nasdaq19,161-1.6-0.8Hang Seng18,829-1.2-6.1Nikkei39,190-1.0-1.8 Commodities – Gold trading at USD 2,686 amid...
Market Commentary Global markets – The US indices ended mixed on Wednesday due to Fed meeting minutes. Dow closed higher by 0.3 pct while Nasdaq fell 0.1 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,6350.30.2Nasdaq19,478-0.10.9Hang Seng19,214-0.1-4.2Nikkei39,411-0.5-1.2 Commodities – Gold trading at USD 2,672, eyes on US payrolls data. On the...
Market Commentary Global markets – The US indices ended mixed on Wednesday due to Fed meeting minutes. Dow closed higher by 0.3 pct while Nasdaq fell 0.1 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,6350.30.2Nasdaq19,478-0.10.9Hang Seng19,3220.2-3.7Nikkei39,678-0.8-0.5 Commodities – Gold trading at USD 2,648, halting two days of gains. On the...
Market Commentary Global markets – The US indices slipped on Tuesday as strong economic data fuelled fears of an inflation rebound, potentially slowing the Fed’s monetary easing. Dow closed lower by 0.4 pct while Nasdaq fell 1.4 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,528-0.40.0Nasdaq19,489-1.90.9Hang Seng19,231-1.1-4.1Nikkei39,942-0.40.1...
Market Commentary Global markets – The S&P 500 and the Nasdaq Composite closed green on Monday led by rally in certain chipmaker and technology stocks. Dow closed red by 0.1 pct while Nasdaq jumped 1.2 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,706-0.10.4Nasdaq19,8641.22.9Hang Seng19,318-1.9-3.7Nikkei40,2642.40.9 Commodities – Gold trading...
Market Commentary Global markets – US equity indices rose on Friday on the back of latest manufacturing data and Federal Reserve’s remarks. Dow closed green by 0.8 pct while Nasdaq jumped 1.8 pct. Global Indices % Change Last Close1 dayYTDDow Jones42,7320.80.4Nasdaq19,6211.81.6Hang Seng19,7680.0-1.5Nikkei39,394-1.3-1.3 Commodities – Gold trading at USD 2,641...