General Market Analysis 17/04/23

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US Stocks Close Lower After Weak Retail Sales US markets closed the trading session lower on Friday after Retail Sales data came out well south of expectation. The Dow lost 0.41%, the S&P 0.21% and the Nasdaq fell 0.35% on the day, however, the data was not weak enough to convince the market that the … Continue reading General Market Analysis 17/04/23

General Market Analysis 14/04/23

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Nasdaq Surges 2% on Weaker US Data US Stock markets got a shot in the arm from PPI data last night and surged to the topside. Both PPI numbers and weekly unemployment data indicated a slowing in the US economy and equities took off on increased expectation of an end to the Fed’s aggressive tightening … Continue reading General Market Analysis 14/04/23

General Market Analysis 12/04/23

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Markets Pause Ahead of Inflation Data  Global financial markets had a relatively quiet day yesterday as investors wait on inflation data tonight out of the United States. Markets fluctuated during the day, but most finished up at familiar levels. The major US indices had a mixed day, with the Dow closing up 0.29%, the S&P … Continue reading General Market Analysis 12/04/23

General Market Analysis 11/04/23

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Dollar Jumps 0.5% on Rate Hike Expectations The US dollar has jumped 0.5% over the last couple of days of trading as rate hike expectations in the US increase ahead of the May rate announcement from the Fed. Non-Farm Payroll data on Friday came out just above expectation and this, alongside an upside revision in … Continue reading General Market Analysis 11/04/23

General Market Analysis 06/04/23

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Fed Policy is Working – Non-Farms could be Key Signs that the Fed’s tightening policy is now having its intended effect are starting to show in US data and recession fears are increasing.  For the majority of the first quarter, US data was consistently coming in with stronger prints and this was increasing pressure on … Continue reading General Market Analysis 06/04/23