Market Pulse

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,

Morning Market Update: Soft Start Ahead

It was a disappointing finish to the week for international markets, with most major indices backtracking on Friday night amid fears over slowing global growth. European equities were under pressure from the get go after data revealed eurozone inflation climbed at a slower-than-expected pace last month, raising the threat of price deflation. Not helping matters

Morning Market Update: Mixed Start Ahead

The rollercoaster ride on Wall Street continued overnight, this time with stocks rallying on the back of positive US economic data. Driving the gains on the Street was the latest US GDP numbers, which showed the economy grew at a brisk 3.2% annual pace in the final quarter of 2013. A significant climb in consumer

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