Daily Update
Daily Update – 25 October 2021
U.S. equity markets closed mostly lower on Friday, with the S&P 500 down -0.1%, Dow Jones up +0.2% and NASDAQ declining -0.8%, after
Read MoreDaily Update 18 October, 2021
Asian markets closed higher after the PBOC assured risks from the debt crisis at Evergrande Group are “controllable” and unlikely to spread.
Read MoreDaily Update 15 October, 2021
U.S. markets closed higher as inflation concerns eased after data revealed prices paid to U.S. producers rose in September at the slowest pace of the year.
Read MoreDaily Update 14 October, 2021
U.S. markets closed mostly higher. The Fed’s September policy meeting minutes show broad agreement to start reducing stimulus in mid-Nov or mid-Dec.
Read MoreDaily Update 13 October, 2021
U.S. markets closed lower as sentiment among small-business owners fell to its lowest since March (economic pessimism and labor and supply chain challenges).
Read MoreDaily Update 12 October, 2021
U.S. markets closed lower. WTI crude rising above $80/barrel (not since 2014) amid the growing European and Asian power crisis. Aluminium hit 13 year high.
Read MoreDaily Update 11 October, 2021
U.S. markets closed lower on Friday, after Anthony Fauci said infections in the U.S. remain too high for a return to normal.
Read MoreDaily Update 8 October, 2021
U.S. markets closed higher, after Democrats signalled they would take up offer to raise the debt ceiling into December.
Read MoreDaily Update 7 October, 2021
U.S. markets were higher after Senate Minority Leader Mitch McConnell said he planned to offer a short-term debt ceiling increase.
Read MoreDaily Update 6 October, 2021
The ASX 200 closed lower yesterday. The RBA kept the cash rate at 0.1%, betting there’s enough economic stimulus from Sydney and Melbourne reopening.
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