S&P 500 Hits New High Amid Earnings Surge and Fed’s Watchful Eye
By Camilo Botia On Monday, the S&P 500 reached a new all-time high as investors anticipated the earnings reports of several large tech companies and the Fed’s interest rate decision. The index rose by 0.81% to 4,929.53, surpassing its previous record of 4,906.77, set on Jan. 26. Investors are anticipating rate cuts to come […]
The most important events of the past week
By Samir El Khoury United States of America ·       The Empire State Manufacturing Index in New York State declined to -43.70 points, lower than expectations (-5.0) and the previous reading (-14.50). ·       The retail sales index rose on a monthly basis, recording a growth of 0.6%, which exceeded expectations (0.4%) and the previous reading (0.3%). […]
AI Optimism Boosts U.S. Stocks to Near-Record Highs
By Camilo Botia U.S. stocks closed sharply higher on Thursday as investors cheered the strong performance of chipmakers and tech giants, driven by the growing demand for artificial intelligence applications. The S&P 500 index rose 0.88% to 4,779.89 points, nearing its monthly high of 4,803.17 points earlier this month. The Nasdaq composite index gained 1.35% […]
VIX Surges as Fed Caution and Strong Retail Sales Amplify Market Uncertainty
By Samir El Khoury The VIX Fear and Volatility Index, reflecting investors’ anticipated stock market price movements, increased from 11.81 points to around 15.40 points yesterday. This marks its highest level since November 10, 2023, suggesting heightened turmoil and investor unease in the US stock markets. This noticeable increase is due to several factors, […]
Downturn in Nasdaq Golden Dragon Index Reflects China’s Broader Economic Struggles
By Samir El Khoury Two days ago, the People’s Bank of China left the one-year loan interest rate unchanged at 2.5%, contrary to analysts’ expectations. The People’s Bank of China has injected about 995 billion Chinese yuan through medium-term loans to boost liquidity and help meet the demand for financing. Economic indicators today in […]
Microsoft Overtakes Apple As The World’s Most Valuable Company
By Camilo Botia Microsoft has surpassed Apple as the world’s most valuable publicly traded company, ending the iPhone maker’s reign of over a year. The software giant’s market capitalization reached $2.89 trillion at the close of U.S. trading on Friday, while Apple’s valuation slipped to $2.87 trillion. The milestone reflects Microsoft’s strong performance in the […]
Weekly Market Analysis
By Samir El Khoury The most important events of the past week United States of America • The headline consumer price index rose year-on-year, recording 3.4%, which exceeded expectations (3.2%) and the previous reading (3.1%). The core consumer price index on an annual basis recorded 3.9%, which is higher than expectations (3.8%) but lower than […]
Turkish Central Bank’s Policy Shift and Its Impact on Rates, Inflation, and Currency Trends
By Samir El Khoury Following a transition in Turkey’s monetary policy from unconventional to conventional, the Turkish Central Bank, under the leadership of Governor Hafiza Ghaya Arkan appointed in June 2023, implemented a substantial 31.50% interest rate hike, reaching a total interest rate of 40%. A few days ago, Arkan stated that the monetary tightening […]
Red Sea Unrest Pushes Oil Prices Higher Despite Ample Supply
By Camilo Botia Oil prices surged nearly 2% on Monday as anxiety over maritime disruptions in the Red Sea outweighed concerns about slowing global demand. The rally came after Iran-backed Yemeni militants attacked a Norwegian-owned vessel, prompting companies such as BP (British Petroleum) to halt all transit through the crucial waterway. Fears of escalating violence […]
Fed’s Dovish Signals Propel Gold to 10-Day Highs
By Camilo Botia Gold prices surged to a 10-day high on Thursday, fuelled by hints from the Federal Reserve (Fed) of a dovish pivot and potential rate cuts next year. This move sent waves across the commodities market, with metals posing the biggest gains. The catalyst for the rally was the Fed’s post-FOMC meeting statement, […]
