DAX and CAC 40 Near 2022 Highs, Breakouts Imminent?
As we look across the major global stock market indices, we see some divergences appear. And here, we highlight one that appears to carry some importance.While the U.S. stock market indices...
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Robust Chinese Economic Data Boosts Rand
European equities fell on Wednesday with the STOXX 600 losing 0.80% and Germany's DAX 40 falling 0.40%, after hotter-than-expected German inflation figures and hawkish remarks by European...
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S&P 500: Is the Rally Over?
Michael Wilson predicts a 26% fall in the S&P 500 this year, causing concern in the market. Fed's preferred inflation indicator shows higher inflation, and the market expects further...
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Grey-Listing Weighs on JSE
The local bourse fell 2.70% to 76 938 points on Friday, its lowest level in seven weeks, after SA was placed on the Financial Action Task Force’s (FATF) greylist, which means the...
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DAX Rally Stalls: What's Next?
Here’s a quick video analyzing the German DAX with some actionable trade...
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JSE Rallies Despite Grey-Listing Concerns
Despite grey-listing concerns, the local bourse gained more than 1% on Thursday mainly supported by financials, resource-linked stocks, and industrials. The Financial Action Task Force...
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S&P 500, Euro Stoxx 50 or FTSE 100: Which Index Will Likely Do Better in 2023?
FTSE 100 has been least impacted by the war in Ukraine, while Germany's DAX has been hardest hit The S&P 500 experienced high volatility in 2023. However, technical indicators suggest that...
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Markets Mixed on Rising US-China Tension
Equities in Hong Kong fell by over 2% on Monday, as tension between Beijing and Washington weighed on the market. This after China denounced a military strike on a ‘spy’ balloon...
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Wall Street Lower After Strong Jobs Report
All three major US indices closed lower on Friday after a better-than-expected jobs report suggested that the US Federal Reserve (Fed) could continue its tightening cycle, driving the...
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Oil Markets Enjoy Respite Following a Dip Triggered by Builds in Crude
Brent crude futures paired losses to hover around the $83 per barrel mark on Thursday, following a decline in the previous session as a weaker greenback prompted risk appetite, while the...
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Investors Eye SARB Interest Rate Decision Today
Local investors will closely watch the interest rate announcement from the South African Reserve Bank (SARB) this afternoon to see if borrowing costs will be increased by another 50 basis...
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Markets Mixed as Concerns of a Possible Recession Mount
The FTSE/JSE All Share Index (ALSI) fell by 0.30% on Friday, marking the second consecutive session of losses on renewed fears of a possible recession and as advances in technology firms...
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Markets Fall as Concerns About a Possible Recession Grow
The local bourse tracked weaker global markets after it was down by 0.45% dragged by the resource and technology counters, as well as global market sentiments which was dented by renewed...
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Markets Mixed on China’s Slower GDP Growth Rate
Markets in China closed lower on Tuesday after their latest GDP growth rate showed that the country’s economy only expanded by 3% in 2022, well below the 5.50% target from the...
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2023 Stock Market Outlook: Risks Skewed to the Downside
As we look forward to the new year, optimism about inflation peaking is all I can think of in terms of limiting the downside risks for stocks Still, at least some of this peak-inflation...
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US Recession Fears Offset China Reopening Optimism
The week kicked off with a hattrick of stronger-than-forecast US data, including Friday’s non-farm payroll, the ISM services PMI and factory orders. The data raised questions over the...
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DAX Set for Correction After Impressive Recovery
Global indices are starting retreat as recession fears replace the peak inflation narrative DAX ends recent consolidation with a break of short-term trend This combination of factors may...
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Fed Chair Powell and Cooling Core PCE Boost Stocks, Hurt the USD
This week Federal Reserve Chair Jerome Powell came out and said what the market had been thinking. He signaled that the US Federal Reserve could slow the rate at which it raises interest...
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Chinese Zero-Covid Protests Send Shockwaves Through Equity Markets
Global markets were on the back foot on Monday as investors assessed social unrest that broke out in mainland China over the weekend as residents vented frustrations over snap lockdowns,...
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Markets Close Higher Despite Gloomy Economic Outlook
Most markets closed in the green on Tuesday, despite the Organisation for Economic Co-operation and Development (OECD) forecasting slower economic growth around the globe next year....
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Most markets retreated despite the Fed’s hawkish tone
The JSE closed 0.60% higher on Friday at 72 577 points, led by financials and industrials. Focus was mainly on the planned evaluations of South Africa's sovereign credit ratings by S&P...
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Markets Retreated Tracking a Global Selloff Amid Range of Catalysts
Wall Street traded lower on Thursday following a mixed bag of corporate earnings and a selloff in high-growth and technology stocks amid rising Treasury yields. Markets in Europe also ended...
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Markets Slipped on Fears of a European Conflict
Wall Street struggled for direction on Wednesday after policymakers fretted on a potential conflict in Europe after a suspected Russian missile struck two civilians in Poland. The president...
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DAX Rally Looks Fatigued
ECB Vice President said bank must prioritize fight against high inflation RSI at ‘overbought’ levels on DAX, other indices No fresh major macro catalysts to excite bulls The...
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Markets Mixed After Hawkish Fed Comments
Wall Street opened lower on Monday after a Federal Reserve (Fed) official warned against being too optimistic following one better-than-expected inflation rate report. Fed Governor...
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Markets Firm after China Eases Covid Restrictions
US stocks finished higher on Friday, extending Thursday's gains prompted by better-than-expected inflation data for October 2022, which made a case for a 50-basis point rate hike at the next...
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