View on market: Volatility Prevails, Market is searching for better value Asian markets were set for mixed open on risk of higher interest rates and recession to a potential turning point for Chinese tech companies and constructive dialogue between Beijing and Washington. Friday’s session on Wall Street saw…
View on market: Volatility Prevails, Market is searching for better value The futures for the Asian markets pointed to declines on Friday, after the Treasury yields spiked on surprisingly strong private hiring data. The S&P 500 declined 0.79% while the Nasdaq 100 fell less than 0.82%, after ADP…
View on market: Volatility Prevails, Market is searching for better value Asian markets were poised for declines after Wall Street closed lower on hawkish signals from the Federal Reserve’s latest meeting minutes. Asian markets were poised for declines after Wall Street closed lower on hawkish signals from the…
View on market: Volatility Prevails, Market is searching for better value Asian markets were to open lower on Wednesday in subdued trading following a holiday for U.S. markets. Major currencies were little changed. Futures for Hong Kong, Japan and Australia all declined, while contracts for the S&P 500…
View on market: Volatility Prevails, Market is searching for better value Stock futures suggest small declines in Asia on Tuesday after equities on Wall Street scratched out marginal gains ahead of the Independence Day holiday. Contracts for benchmarks in Japan, Hong Kong and Australia all slid 0.3% or…
View on market: Volatility Prevails, Market is searching for better value Asian markets were primed to open higher on Monday as positive momentum from a rally on Wall Street and signs of moderating U.S. inflation underpinned support for global stocks. Futures contracts for equities in Japan, Australia and…
View on market: Volatility Prevails, Market is searching for better value Asian markets were set for a mixed open on the last day of the quarter following a choppy session for U.S. equities as treasury yields soared on bets on further tightening by the Federal Reserve. A modest…
View on market: Volatility Prevails, Market is searching for better value Asian markets were set to open higher on Wednesday after a rally on Wall Street that was fueled by strength in U.S. consumer confidence and home sales. Futures rose for benchmarks in Japan, Australia and Hong Kong,…
View on market: Volatility Prevails, Market is searching for better value Asian markets are poised for a mixed open on Tuesday after U.S. stocks fell amid concern that the Federal Reserve and its peers around the world will push economies into recession. Futures for Hong Kong and Australian…
June 26, 2023
Market View 26th June 2023
View on market: Volatility Prevails, Market is searching for better value Oil and U.S. equity futures edged higher on Monday while major currencies traded within narrow ranges. Contracts for the S&P 500 and the Nasdaq 100 rose about 0.1%. Contracts for the S&P 500 and the Nasdaq 100…