Research
1 September 2026
The JCI closed slightly higher at 6,525.48 on Monday, with the market still moving with...
Research
31 August 2026
The IDX Composite closed relatively flat on Friday, edging down 0.06% to 6,518.12. The ...
22 December 2022
All three US indexes rallied again for the second day, supported by a solid quarterly performance report and a rally in Technology stocks after Conference Board's consumer confidence data jumped to 108.3 from 101.4, even surpassing economists' forecasts of 101.
21 December 2022
The US stock market bounced back after 4 consecutive days of declines, yet the USD is weakened, and the UST10Y yield touched its highest level this month in reaction to a surprise move from Japan's central bank that plans to raise their long-term government bond yields by as much as 50bps.
20 December 2022
Monday's lack of economic data made investors focus on the Fed's Higher for Longer FFR. Speculation that the Fed again raised the FFR by +25 Bps in February and March 2023, pushing the Upper Bound FFR to the level of 5% while increasing the US economy in 1Q23 to become expensive.
19 December 2022
US business activity contracted again as the high-interest rates trend weighed the economy, the Dow briefly depreciating by 500 points before finally closing down 0.85 last week. In addition to the Fed's discourse in continuing the FFR hike above 5% in 2023, investors responded negatively to the release of S&P Global US Manufacturing PMI and Services PMI data in Dec., which contracted to 46.2 (vs. Nov. 47.7) and 44.4 (vs. 46.2), respectively.
16 December 2022
The Fed expects a further FFR hike of above 5% in 2023, raising fears of a recession going further and lasting for a long period. Wall Street has consistently moved in the red, with the Nasdaq weakening by 3%.
