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    3 October 2022
    The 10-year treasury yield rose above 3.8% as short-term rate expectations increased

    U.S. equities have continued to edge lower on the last trading day of the week. The benchmark U.S. 10-year treasury yield recovered above 3.8% as short-term interest rate expectations continue to rise. The Dow Jones Industrial Average lost 1.71%, the …

    3 October 2022
    Week Ahead: OPEC, Non-farm payrolls and ISM Services PMI

    This week will bring several major economic indicators to watch out for, including the release of the US Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings.  The US JOLTS report for August and ISM Manufacturing PMI and ISM Services …

    30 September 2022
    US Real GDP contracted by 0.6%, US stocks tumbled

    US stocks tumbled on Thursday, suffering from heavy daily losses and plunged to the lowest since November 2020 as another group of Federal Reserve officials struck a hawkish tone on policy tightening. Federal Reserve (Fed) Bank of Cleveland President Loretta …

    29 September 2022
    Bank of England to acquire UK long-term bonds to restore market conditions

    US stocks rallied on Wednesday, regaining upside strength and ending their six-day slide after the Bank of England’s decision to stage a market intervention boosted UK bonds and tentatively calmed markets. The BOE decided to buy long-dated UK government bonds …

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