Three US Main Indexes Closed Lower
Three US main indexes closed lower, with the Nasdaq at its lowest point in 2022, as Pending Home Sales (MoM) (Nov)
Three US main indexes closed lower, with the Nasdaq at its lowest point in 2022, as Pending Home Sales (MoM) (Nov)
US Index was mixed with DJI up by 0.11%, yet the S&P500 and Nasdaq pulled back even more after the Christmas break.
US and Europe countries' regional markets are still closed due to the Christmas holiday. In await for important US
After closing last week with a gain of 0.93%, US Index will take a break, as well as the other global exchanges for the
The US stock market bounced back after 4 consecutive days of declines, yet the USD is weakened, and the UST10Y yield
Monday's lack of economic data made investors focus on the Fed's Higher for Longer FFR. Speculation that the Fed again
SUN Market movement in a week, amidst the BoE and ECB continued their upward trend in interest rates, which rose by 50
The Fed expects a further FFR hike of above 5% in 2023, raising fears of a recession going further and lasting for a
The Hawkish period is longer in 2023. The FOMC Rate Decision results project that next year's FFR to end at 5.1%, 50 Bps