Pavan Sharma

The focus overnight was the much anticipated US Federal Reserve announcement given the recent move in interest rates. Chairman Powell continued to project near-zero interest rates at least through 2023, suggesting consistency with the Fed’s view that it w

The Nasdaq technology index pulled back sharply, falling 3% by the close of trade. 

Highlights this week include 4th quarter economic growth (GDP) being released in the US.

Tesla jumped +6.6% after a prominent fund manager predicted the stock price could reach $3,000 in 3 years, while the rest of the major tech players were up over +2% for the day.

US stocks climbed and Treasuries rotated higher on Friday after a bumper US payrolls report.