DAILY MARKET REPORT

DAILY MARKET REPORT

2019 has come to an end and we are heading into 2020. Global equity markets scaled fresh records in a year-end rally on Friday as upbeat Chinese economic data and optimism a U.S.-Sino trade deal is imminent bolstered global growth prospects. EQUITIES A broad gauge of Asian share markets rose to the highest in 18...
DAILY MARKET REPORT

DAILY MARKET REPORT

U.S. stocks marched to yet another set of records on Thursday, pushing the NASDAQ Composite Index above 9,000 for the first time, fueled by a post-holiday rally in shares of Amazon.com and other retailers. EQUITIES Asian shares scaled an 18-month high on Friday while oil prices stayed buoyant in a holiday-shortened week, as investor optimism...
DAILY MARKET REPORT

DAILY MARKET REPORT

Global markets remained in holiday mood following Christmas Day on Wednesday and most of the markets in Europe are closed today as well, for Boxing Day holiday. EQUITIES Asian stock markets are edging higher on Thursday with trading remaining subdued in the absence of fresh cues overnight from Wall Street and European markets, which were...
DAILY MARKET REPORT

DAILY MARKET REPORT

Hello Everyone, Merry Christmas Eve. US markets closed higher on Monday SANTA rally continues. We expect Trading will be thinned out today and liquidity is expected to remain low as many are already on the vacation mood. EQUITIES Asian shares and U.S. stock futures darted in and out of losses on Tuesday, as the holiday...
DAILY MARKET REPORT

DAILY MARKET REPORT

Stock markets in China and Hong Kong were trading higher Monday morning following news that China will reduce tariffs on tech and some agricultural products on Jan. 1 and that the state-backed semiconductor fund will sell some of its holdings in some key tech companies. EQUITIES European shares dipped slightly on Monday after nearing a...