View on market: Stay Cautious, be with quality business: The dollar rose in early trading on Monday, adding to a third week of gains as hawkish comments by Federal Reserve officials and geopolitical tensions bolstered the appeal of the greenback. Shares fell in Japan and Australia, along with…
View on market: Stay Cautious, be with quality business: Asia markets declined, following a drop in the U.S. benchmarks after comments by two Federal Reserve officials that they were considering 50 basis-point interest rate hikes to battle persistently high inflation. The S&P 500 Index lost 1.4% and the…
NIFTY: The NIFTY opened at 17896.60 with a gap down of just 33 points. The index remained weak for the first few minutes of trading and recorded its intraday low at 17853.80.Prices have bounced up and went above 17900. The index then started a consolidation process for the…
February 16, 2023
Market View 16th February 2023
View on market: Stay Cautious, be with quality business: Asian markets were set to open higher after the U.S. shares climbed and Treasuries sold off as investors weighed fresh data that indicated further Federal Reserve tightening ahead. The S&P 500 climbed 0.3% to close at its session high…
View on market: Stay Cautious, be with quality business: Asian markets are primed for a cautious open after a choppy day on Wall Street ended flat as investors balanced hot inflation data with Federal Reserve commentary suggesting US interest rates may soon peak. The U.S. futures edged lower…
View on market: Stay Cautious, be with quality business: Asian markets are set to advance, following a rally on Wall Street as traders position for the U.S. inflation data later in the day that might not be as bad as once feared. The S&P 500 added 1.1% and…
View on market: Stay Cautious, be with quality business: Asian markets were poised to decline across the region on Monday after the worst week for stocks and bonds this year as traders increased interest rate expectations ahead of crucial the U.S. inflation data due Tuesday. The S&P 500…
View on market: Stay Cautious, be with quality business: Asian markets primed for a mixed open on Wednesday following a late rally in the U.S. shares in a volatile session after Federal Reserve Chair Jerome Powell rebuffed an opportunity to tamp down investor optimism. The S&P 500 rose…
View on market: Stay Cautious, be with quality business: Asian markets opened the week with a mixed message from equity futures with the headwinds from an unexpectedly strong U.S. jobs report and the downing of an alleged Chinese spy balloon that’s aggravated geopolitical tensions. The U.S. stocks halted…
View on market: Stay Cautious, be with quality business: Asian markets are poised for a cautious open as disappointing earnings from some big-tech names after-hours weigh on sentiment following a surge in the U.S. equities during official trading. Australian stocks struggled to gain traction, while futures contracts for…