Market Pulse


Morning Market Update: Mixed Night

Most of the major global indices strengthened overnight, although gains were harder to come by this time following the week-long rally on markets. In the US, the S&P500 snapped a four session winning streak, as investors decided to take a breather following a 4% rally on the benchmark index. The Dow shed 31 points (-0.2%)


Morning Market Update: The Rally Continues

The good times on Wall Street rolled on overnight, this time with US stocks soaring on the back of Janet Yellen’s Congressional testimony. In her first major speech as the Federal Reserve chairwoman, Yellen pledged to continue stimulus tapering and leave interest rates at record lows. Investors were relieved that Yellen is staying the course


Morning Market Wrap: Crunch Time for the Market

US markets overcame a sluggish start to cap a third consecutive gain overnight. The initial losses on Wall Street were sparked by uncertainty over Fed Chairwoman Janet Yellen’s upcoming Congressional testimony. The newly sworn in Yellen is due to front Congress tonight, and investors will be paying close attention for clues on how she intends


Weekly Market Wrap Yield Hunt Back On

It has not been a great start to the year for investors. Most of the major global equity markets have suffered steep losses during the first few weeks of 2014. There have been rumblings over emerging markets and the slide in currencies like the Turkish Lira and South African Rand. And if that weren’t enough,


Morning Market Wrap: Bullish Into New Week

There were broad-based gains on global markets in Friday night’s session, which came as somewhat of a surprise following a mostly disappointing US jobs report. It seemed investors were set for another torrid sell-off after data revealed the US economy added 113,000 jobs in January, well shy of the 185,000 jobs expected by economists. However


Morning Market Wrap: More Gains Ahead as Bulls Fight Back

Wall Street bounced back in style overnight, with US stocks scoring their best gain in seven weeks amid concerns the recent sell-off has been overdone. The rebound on global markets came despite mostly disappointing economic numbers out of the US. Although weekly jobless claims fell more than expected, that was offset by other data showing


Morning Market Update: Lucklustre night

US markets retreated slightly overnight following the latest reading on the American jobs market, which revealed private employers reduced their pace of hiring last month. The ADP non-farm payrolls report showed US companies added 175,000 jobs in January, less than the 191,000 expected by economists. The disappointing jobs read was offset somewhat by the latest


Morning Market Update: Modest Bounce

Overnight, US markets rebounded from their prior session’s heavy plunge following the latest data on the American economy. US factory orders contracted at a smaller-than-expected pace in December, easing fears of a manufacturing slowdown, which were sparked by yesterday’s disastrous ISM PMI result. Healthy earnings results from clothing retailer, Michael Kors, and KFC parent company,


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