FTSE 100 Reaches Record High: Analysis and Trends
By Samir Al Khoury, The British FTSE 100 index continues its upward trend for the fourth day in a row, recording 8,116 points today, a new record high. It is currently trading near the 8,100-point level, and it appears that the positive momentum will continue in the next stage, as this index has risen by […]
Tech Giants Take the Stage as Stocks Eye Earnings Rebound
By Camilo Botia, Stocks are attempting to rally after a $2 trillion selloff, with investors keenly monitoring this week’s flood of corporate earnings reports. The spotlight is squarely on big tech, as companies face pressure to prove the profitability of their artificial intelligence (AI) endeavours. Nearly 40% of the S&P 500, including most of the […]
The most important events of the past week
By Samir Al Khoury, United States of America • The core retail sales index (excluding car sales) rose on a monthly basis, recording a growth of 1.1%, which exceeded expectations (0.5%) and the previous reading (0.6%). The retail sales index also rose on a monthly basis, recording a growth of 0.7%, which exceeded expectations (0.4%) […]
India’s Economic Resilience and Stock Market Prospects
By Samir Al Khoury, India is considered the third largest economy in Asia after China and Japan in terms of gross domestic product, which currently records about 3.5 trillion US dollars. Recent Indian economic data shows that the Indian economy is truly resilient as: Both the manufacturing and services PMIs rose, recording growth of 59.1 […]
Exploring Silver’s Ascendancy and Market Dynamics
By Samir Al Khoury, The price of silver surged by approximately 36% from its low on January 22, 2024, marked at $21.9275, to its peak on April 12, reaching $29.7980, with expectations of its upward trajectory persisting. Presently, the price of silver is fluctuating around the $28.50 mark. The primary hurdle remains in attaining and […]
Market Turmoil: Analyzing the Decline of the Russell 2000 Index
By Samir Al Khoury, Most major US stock indices closed with losses yesterday. On the other hand, the VIX Fear and Volatility Index, which expresses investors’ expectations for price movement in the stock market, rose to 19.56 points yesterday, which is its highest level since October 31, 2023, which indicates investors’ turmoil and discomfort in […]
Transforming the relationship between gold and the dollar from negative to positive
By Samir Al Khoury, It seems that the correlation factor between gold and the US dollar has become somewhat positive recently, completely contrary to what we are used to, as we have always witnessed an inverse relationship between them. We are currently witnessing clearly the strength of these two assets due to several factors, some […]
Weekly Market Analysis
By Samir Al Khoury The most important events of the past week United States of America The headline consumer price index rose year-on-year, recording 3.5%, which exceeded expectations (3.4%) and the previous reading (3.2%). The core consumer price index (which excludes food and energy) recorded on an annual basis 3.8%, which was higher than expectations […]
Apple Shares Surge on AI Optimism
By Camilo Botia, Apple shares experienced a significant boost on Thursday, climbing 4.3% to $174.99. This marks the company’s best single-day performance since May 5, 2023. The surge aligns with a broader rally in technology stocks, particularly those focused on artificial intelligence (AI). The tech-heavy Nasdaq Composite saw an increase of 1.77%. Despite a year-to-date […]
Inflation Fears Resurface, Stocks Slide as Markets Recalibrate on Fed Bets
By Camilo Botia, Wall Street experienced a sharp downturn after hotter-than-expected inflation data and renewed geopolitical tensions sent investors scrambling. The persistent rise in prices dashed expectations of near-term interest rate cuts by the Federal Reserve, sparking concern the central bank will maintain a hawkish stance well into 2024. The S&P 500 extended its April […]
