The IndeX Files 07-02-2023
Equities Under Pressure From Resurgent USDIt’s been a difficult start to the week for global equities benchmarks. Leading indices have come under pressure on the back of Friday’s US jobs data which has fuelled a shift in Fed expectations, leading to a stronger US Dollar. Friday’s data saw the headline NFP print coming in at […]
The IndeX Files 31-01-2023
Equities Reflect Uncertainty Ahead of FedGlobal equities benchmarks are showing a sea of red across the European open on Tuesday. Yesterday saw choppy action across the board, likely reflecting some growing uncertainty ahead of the Fed tomorrow. While Powell and co are widely expected to opt for a smaller .25% hike, there are some fears […]
The IndeX Files 24-01-2023
Equities Bulls Competing With Hawkish Central Bank CommentsWe’ve seen a mixed start to the week for global equities benchmarks. Against a backdrop of ongoing weakness in the Dollar, most indices were seen trading higher yesterday though gains have since been tempered across the European open on Tuesday. Indeed, the FTSE is seeing decent selling pressure […]
The IndeX Files 17-01-2023
Equities Hold Onto Early 2023 GainsA mixed start for equities markets on Tuesday on the back of the latest Chinese economic data seen overnight. Q4 China GDP was seen slowing to 2.9%, well below the Chinese government’s 5.5% target. However, the result was above the market’s 1.6% consensus forecast and shows that while activity slowed […]
The IndeX Files 10-01-2023
Choppy Start to 2023 For MarketsIt’s been a muddy start to the year for equities markets with choppy actions seen across the globe. Early in January we’re seeing some clear divergence between different regions with European stocks currently noting the best performance while US stocks have been wrangled back from initial highs.Looking at the broader […]