News

US markets (S&P 500 Index -2.1%) fell sharply overnight, suffering the worse single day decline since June as markets prepared for a more hawkish monetary policy outlook from the Fed on Friday –  as more is still required to fight inflation.

US markets (S&P 500 Index -1.3%) fell on Friday, to end the week down -0.8% as investors became more cautious around the higher interest rate backdrop.

US markets (S&P 500 Index +0.2%) ended a choppy session higher overnight, as mixed economic data and earnings failed to provide the market with a clear direction.

US markets (S&P 500 Index -0.7%) fell overnight, snapping a 5-day winning streak.

US markets (S&P 500 Index +0.2%) rose overnight on the back of better-than-expected results from major US retailers.

US markets rallied overnight (S&P 500 Index +0.4%) to extend gains from last week, recovering from an initial loss early in the session.

Global markets were up on Friday, with US markets (S&P 500 Index +1.7%) experiencing a fourth straight week of gains – the longest run since November last year. 

Global markets were mixed overnight, as US markets (S&P 500 Index) pared back early gains to end the session flat. There seems to be an element of profit-taking post the rally that followed softer-than-expected inflation data, with the Federal Reserve still set to keep tightening monetary policy.

Global markets traded up strongly overnight, with US markets (S&P 500 Index +2.1%) jumping to a 3-month high as US Inflation (CPI) data came in lower than expected.