Photo by Michelle Spollen on Unsplash  At the end of Friday, the Dow Jones (US30) Index was down 0.20% (for the week -1.83%). The S&P 500 Index (US500) closed unchanged (for the week -0.52%). The Nasdaq Technology Index (US100) was up 0.76% (for the week +0.96%). The Nasdaq Technology Index hit a new record high on Friday, driven […]

Image Source: Pixabay  The USD/JPY pair climbed to 153.77 on Monday, reaching a three-week high. This movement reflects growing investor sentiment that the Bank of Japan (BoJ) will maintain its current interest rate level and continue its pause on monetary policy tightening at this week’s meeting. Recent statements from the BoJ have indicated a need for […]

Image source: Pixabay  Sticky services inflation and the prospect of stronger growth next year means the Bank of England seems content with cutting rates more gradually than its European peers. We don’t expect a cut this week, but better underlying inflation data could unlock faster easing in the spring.  The Bank of England is in no […]

The Nasdaq is highly rate-sensitive due to its heavy concentration of technology and growth-oriented companies, which are valued primarily on their future earnings potential. When interest rates rise, the higher discount rate reduces the present value of these future earnings, compressing valuations and disproportionately affecting growth stocks. Additionally, many tech companies rely on borrowing to […]

Asian stock markets were in a wary mood on Monday as surging bond yields challenged equity valuations, particularly for the richly priced tech sector, in a week packed with central bank meetings and major economic data.The US stock market ended mixed on Friday, with the S&P 500 and Dow posting weekly declines, while the Nasdaq […]