Market Recap – Chinese Nasdaq debut
This week the focus turns to the Gas Forum in Cairo Egypt, scheduled for Wednesday and Thursday, and the ECB’s…
Market Recap – Equities strengthened
Beginning with the Asian session, a significant rally is taking place in equities markets. During the writing of this recap,…
Market Recap – Microsoft earnings
Despite the fact that US banks, with the exception of Citigroup, have generally beaten earnings expectations, have all passed the…
Market Recap – Earnings season
The US earnings seasons begins today with Citigroup. On Tuesday, it is the turn of JP Morgan, Wells Fargo, Fidelity,…
Market Recap – S&P500 crosses 3000
On the one hand, is the basic low frequency tone. The FED is already decreasing the pace of its balance…
Market Recap – Powell’s testimony
Yesterday, Jerome Powell’s testimony to the Congress reassured the markets that a rate cut is coming. The implied probability for…