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Fluctuations in US Stock Market Due to Treasury Yield Drop and Tech Stocks Rebound

The US stock market experienced fluctuations on Monday, marked by oscillations between gains and losses. A sudden drop in the yield on the two-year Treasury note was one of the reasons for this. The drop was significant, its largest in decades. On the other hand, tech stocks rebounded from a previous week’s dip after SiliconContinue Reading

Week Ahead: Markets to focus on US CPI, PPI and ECB Rate Statement 

This week, market participants are closely monitoring the release of key economic indicators in the US, including the Consumer Price Index, Producer Price Index, and Retail Sales. The Rate Statement from the European Central Bank is also expected to draw significant attention. These highly anticipated releases have the potential to cause significant fluctuations in theContinue Reading

Silicon Valley Bank Failure Triggers Worst Week for US Stock Market

The US stock market experienced its worst week since September. Silicon Valley Bank’s financial troubles sparked concerns about further distress in the banking industry amid the Federal Reserve’s most-aggressive tightening campaign in a generation. Despite reassurances from experts that a systemic financial crisis is unlikely, investors remained anxious, leading to widespread de-risking. The S&P 500Continue Reading

US Equity Market Drops Amid Banking Sector Rout and Economic Data

On Thursday, the US equity market took a turn for the worse as concerns grew over trouble in the banking sector and investors braced for Friday’s payrolls report. Weekly jobless claims, released on Thursday, surpassed expectations and marked the first time claims had risen above 200K since early January. Stronger-than-expected figures in Friday’s monthly jobsContinue Reading

Notification of Server Upgrade – March 09, 2023

Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 12th of March 2023 (Sunday) : 08:00 – 15:00 (GMT+3) Please note that the following aspects might be affected during the maintenance: 1. The price quote feature on theContinue Reading

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