Market Watch
Updates and Analysis for Investors
What’s on the economic agenda this week?
In the US, the preliminary figures for the University of Michigan's consumer sentiment index in May declined to 57.7, the lowest level in the past six months. Last Friday, Wall Street indices closed lower due to the preliminary data of the University of Michigan's...
US Markets Rally as Strong April Employment Data Eases Recession Concerns
Following stronger-than-expected April employment data in the United States on Friday, stock indices closed the day with gains as recession concerns eased Following stronger-than-expected April employment data in the United States on Friday, which alleviated recession...
JP Morgan Chase’s Acquisition of First Republic Bank Spurs Investor Optimism Amidst Market Dynamics
Investors responded positively to JP Morgan Chase's decision to acquire First Republic Bank. While the markets in the US are focused on the Federal Reserve's interest rate decision this week, concerns about mid-sized banks subsided as investors responded positively to...
The Impact of the US Economy on Global Markets Explained
The US economy is expected to slow down to an annualized quarterly growth rate of 2% in Q1 2023. On Friday, Wall Street indices closed slightly up, with the Nasdaq up 0.11%, the S&P 500 up 0.09%, and the Dow Jones up 0.07% on a daily basis. The Dollar Index (DXY)...
Understanding Inflation: What You Need to Know
Inflation expectations remain persistent in the United States Despite the better-than-expected earnings reports of major banks in the US on Friday, the markets ended the day with losses due to lower-than-anticipated U.S. retail sales for March and preliminary results...