Market Recap 20/11/2022

Download PDF US On Monday, equities finished a little lower after the rally caused by the weaker-than-expected inflation reading last week. Interest rates moved lower with the 10-year U.S. Treasury yield down from 4.15% to below 3.9%. Markets overall moved sideways in expectation of more consumer data coming out during Read more…

Market Recap 13/11/2022

Download PDF US On Monday Meta announced that it planned to lay off thousands of people as early as Wednesday. Despite this, its stock price jumped by 3%. Apple stock, on the other hand, fell by 1% because of warnings that it might produce three million fewer iPhone 14 than Read more…

Market Recap 06/11/2022

Download PDF US The month of October ended with the Dow Jones recording its biggest monthly percentage gain since 1976. However, these gains soon evaporated as all US major indexes ended the week down following the 75bp increase in interest rates by the Fed and a mixed job report on Read more…

Market Recap 30/10/2022

Download PDF US Major US indices performed well this week despite intra-week turmoil, particularly in the Nasdaq 100 and Nasdaq Composite. Russell 2000 showed the largest increase, topping last week’s close by 6.0%, with the Russell 3000 Value performing better (+5.1% WoW change) than the Russell 2000 Growth (3.2% WoW Read more…

Market Recap 09/10/2022

Download PDF USA On Monday, the ISM Manufacturing PMI for September came in below expectations at a level of 50.9 against the consensus estimate of 52.2. This also marked the lowest level since May 2020. This reading supported stocks and bonds at the beginning of the week as markets interpreted Read more…