DAILY MARKET REPORT

DAILY MARKET REPORT

Wall Street’s megabanks Q4 Earnings Session today, Citigroup, JP Morgan and Wells Fargo will announce Q4 earnings today and Bank of America and Goldman Sachs will report on Wednesday. EQUITIES Stocks in Shanghai are up almost 1.9% this month, extending 6.2% gains in December on the back of trade talk optimism. Hong Kong shares also...
DAILY MARKET REPORT

DAILY MARKET REPORT

The US and China trade teams will be meeting in Washington on Wednesday to sign the first phase of their trade agreement. The Trump administration has invited at least 200 people to the White House for the ceremony. EQUITIES Wall Street slipped and bonds rallied on Friday when data showed U.S. nonfarm payrolls missed forecasts...
DAILY MARKET REPORT

DAILY MARKET REPORT

On Wall Street, stocks closed at record highs on Thursday on easing concerns about the conflict between the U.S. and Iran amid signs of de-escalation. EQUITIES World shares hit a record high on Friday as relief over the de-escalation of U.S.-Iranian tensions prompted investors to bet on faster global growth, especially in the technology sector....
DAILY MARKET REPORT

DAILY MARKET REPORT

U.S. President Donald Trump responded overnight to an Iranian attack on U.S. forces with sanctions, not violence. Global stock markets rebounded immediately following his speech. EQUITIES Following Wall Street, Asian stocks had their best session in weeks on Thursday while Australian stocks rose 0.8% to a record closing high. Futures markets pointed to extended gains...
DAILY MARKET REPORT

DAILY MARKET REPORT

Boeing 737 aircraft of The Boeing Company (NYSE: BA) carrying at least 180 passengers crashed shortly after departing the Imam Khomeini airport in Iran on Wednesday due to technical glitches. EQUITIES European shares dropped on Wednesday after an Iranian missile strike on U.S. forces in Iraq prompted moves out of risk assets, while signs of...