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Stock market indexes around the world declined as investors recalibrate rate expectations amid policy uncertainties in the U.S., rising political turmoil in Germany and France, and a deflationary trend in China.
Wall Street indexes extended gains to the fourth consecutive week after tech stocks rebounded on Friday. Stubborn inflation shows little sign of easing. German trade surplus continues to shrink, and eurozone industrial production extended multi-month weakness. Business mood among Japan's large companies improved slightly.
Positive market sentiment ruled on Wall Street after the release of several key updates on the economy and labor market. Rate-cut expectations drove indexes sharply higher in Europe, despite growing worries about France's fiscal health. Japan's real wages were flat, and China's foreign direct investment flows continue to plunge at a rapid pace.
In November, U.S. indexes hovered near record highs amid positive economic outlook, stable consumer spending, and post-election euphoria. Rising political instability in Germany and France pressures the euro. China's fiscal stimulus measures underwhelm investors. Yen turns volatile ahead of rate decisions.
Wall Street sentiment reversed sharply amid a string of positive economic updates and rate cut optimism. The euro hovered near a three-year low amid a weak private sector outlook. The yen's weakness sparked fears of another intervention from the Bank of Japan.
World markets resumed their downward slide as investors began to assess the impact of Trump tariffs on global economic downturn, U.S. inflation, and NATO-led military activities in support of Ukraine.
The U.S. presidential and congressional elections won decisively by the Republican party candidates as voters reacted to campaign on inflation, immigration, insurrection, and Israel. Central banks in the U.S., U.K., and Sweden lowered rates, but in Norway held rates steady. China's exports to the U.S, the European Union, and ASEAN region expanded in October.
Big tech earnings jitters were compounded by rate path worries ahead of the U.S. presidential election. The U.S. core inflation showed no sign of easing, the Euro Area inflation rebounded, and the Bank of Japan held steady its key lending rates amid rising political instability.
Wall Street indexes struggled to extend a six-week rally after a worry of smaller future rate cuts overshadowed positive earnings data flow. European markets closed down after a batch of mixed earnings. Tokyo stocks could face excessive volatility if the ruling coalition loses its majority.
U.S. major averages extended gains for the sixth consecutive week as benchmark indexes traded at new highs. Renewed optimism about the artificial intelligence-linked investment lifted tech stocks around the world. China's economic data confirmed economic slowdown and persistent housing market woes.
The S&P 500 index closed at a new high, and the index and the Nasdaq Composite extended weekly gains to the fifth week in a row as earnings season kicks in. European markets resumed their advance. Chinese markets faced a wall of reality as policymakers failed to follow up again with fiscal measures to support consumption.
Investors shifted their focus to the U.S. economy after two labor reports confirmed the resilience of the jobs market. The Euro Area inflation eased in September, but prices are expected to rebound because of the lower base of energy prices in the last year. Hong Kong indexes soared for the second week in a row in the hopes of additional stimulus measures.
World markets advanced for the third consecutive week following stronger-than-expected economic data in the U.S., elevated expectations of another rate cut in the Euro Area, and significant monetary stimulus measures in China.
The U.S. Federal Reserve commenced its rate-cut cycle with a large cut and signaled additional rate cuts are likely this year. Central banks in the UK, Norway, China, and Japan held interest rates. Passenger car sales in the European Union plunged in August. Japan's exports lagged expectations amid weather-related shutdowns. India's trade deficit in expanded after imports rose and exports fell.
World markets rebounded following a surge on Wall Street after investors searched for tech bargains and consumer price inflation cooled to a three-year low. The ECB lowered its key lending rates, and China's exports and trade surplus rebounded. The Bank of Japan officials reiterated the central bank's plans to gradually lift rates.
Global stock markets turned sharply lower, tracking losses on Wall Street as investors feared a U.S. economic slowdown. Megacap tech stocks and high-flying artificial intelligence-linked stocks extended their two-week plunge to more than 20%. Economic activities in Europe struggled to expand, and deflation worries dominated Chinese trading.
The S&P 500 and European market indexes extended gains in August in the hopes of a series of rate cuts starting this month after inflation showed a weakening trend. The yen retained its upward bias amid a hawkish BoJ stance, that could change earnings outlook.
The U.S. Federal Reserve laid the groundwork for its monetary policy adjustments that could begin the next interest rate cut cycle as early as September. European markets extended weekly gains for the third week, and the euro soared to a two-year high. The Bank of Japan struggled to contain supply-driven inflation and arrest the sharp fall in the yen.
Global markets rallied for the second week in a row after fears of a U.S. economic slowdown eased following a series of positive economic data. European markets rebounded, tracking global gains. China's new home prices declined for the thirteenth month in a row and dropped at the fastest pace in nine years. Japan's GDP growth accelerated in the second quarter.
World market volatility soared last week to the level not seen since 1987 after U.S. economic slowdown worries compounded the market jitters rooted in the unwinding of the popular currency arbitrage trading in Japan. In addition, artificial intelligence-linked stocks plunged as much as 30% as investors turned skeptical about the durability of the current pace of spending by mega-cap tech companies.
U.S. market indexes reversed weekly gains to losses after weakness in key economic data raised fears of a recession sending world markets in a downward spiral. Japan's Nikkei 225 plunged the most since Black Monday 1987. European investors sold stocks on weak earnings and stagnant economic conditions. Persistent deflation worries dominated Chinese markets.
U.S. investors adjusted their allocations ahead of the anticipated rate cuts and proverbial soft landing. European indexes declined on weak corporate results and worries about stagnating economic activities. China unexpectedly lowered interest rates to support the annual growth target rate. India plans to accelerate infrastructure investment but also restrain debt-fueled spending.
U.S. markets halted a three-month rally amid rising trade tensions with China and investors booking profits in chip and tech stocks. The European Central Bank held its key lending rates steady. Chinese policymakers struggled to support growth while modernizing the economy.
The U.S. market rally extended to the sixth consecutive week, boosted by rate-cut expectations. The euro was in focus, and France's political turmoil showed no sign of easing. The yen rebounded after U.S. inflation data as traders suspected market intervention. China's exports rose for the third month in a row.
World markets retained their upward bias as investors reacted to the latest economic updates. U.S. labor market conditions are moderating, and European consumers struggle with the high cost of living. Japan's economy contracted more than expected, and China's property prices searched for bottom.
U.S. major averages extended gains in the first half as artificial intelligence-linked stocks dominated. European markets were on the backfoot ahead of parliamentary elections in France and the U.K. The Bank of Japan may let the yen sink deeper, forcing China and South Korea to devalue their currencies.
U.S. market indexes created new record highs amid AI-powered optimism and a mixed batch of economic data. European markets rebounded ahead of parliamentary elections in France and the UK. China's economic updates point to a slowing economic backdrop. The Bank of Japan struggles to balance the appropriate yen level with supportive interest rates for the economy.
The S&P 500 and the Nasdaq Composite closed at new record highs for five days in a row after moderating inflation supported a positive earnings growth outlook and a possible rate cut. France's snap election announcement could upend the balance of power in the European Union. China's weak inflation highlights an uneven economic recovery.
The resilient U.S. economy created sharply higher new jobs and attracted more people to the job market. The European Central Bank urged caution for future rate cuts. The surge in demand from ASEAN member nations drove up China's exports. India's markets overcame national election jitters.
Despite rate jitters last week, world markets closed higher in May due to better-than-expected earnings in the U.S. and Europe. Hong Kong indexes closed down for the week but gained for the fourth month in a row. The expectation of a wide and persistent yield differential between Japan and the U.S. weighed on Japanese stocks, bonds, and the yen.
Rate uncertainties dominated market sentiment in the U.S., Europe, and Japan as investors debated the future rate path and pushed back the timetable of the possible first rate cut to later in the year. A weak yen swings Japan's trade balance to a deficit. China stocks retreated and halted a 3-month rally.
U.S. market indexes traded at record highs on the continued expectation of rate cuts in the second half of 2024. Hong Kong indexes lead world markets amid expectations of more measures to support the mainland Chinese property market. European markets scaled back multiple rate-cut expectations.
World markets advanced for the third week in a row, and European markets led. Benchmark indexes in the U.S., Germany, Japan, and Hong Kong extended this year's gains to double digits. Rate-cut expectations in the U.S. and Europe, attractive valuations in China, and the weaker yen in Japan supported the global market advance.
Earnings dominated global market sentiment for the third week in a row. Rate-cut expectations diverged between the U.S. and Europe, which could add more pressure on the Euro. The suspected Japanese intervention lifted the yen. Hong Kong stocks extended their bull run amid hopes of regulatory support.
Global markets reacted to domestic corporate quarterly results, and the rebound in market indexes was supported by positive earnings from leading tech comapnies. The Japanese yen drifted to a new 34-year low after the Bank of Japan held its lending rate steady and said it would continue to buy government bonds.
U.S. and European stock market indexes extended their losses to the third week in a row, and investors rotated out of high-flying semiconductor stocks. Investors sought safe-haven assets amid rising geopolitical tensions.
Investors adjusted to diverging rate paths in the U.S., Europe, and China following the release of inflation updates in March. Stock market indexes extended weekly losses in the U.S. and Europe. The yen's weakness is likely to set up another round of currency devaluation in Asia.
U.S. investors shifted attention to the strength of the U.S. economy after payrolls expanded at the fastest pace in ten months. Market indexes in Europe and Japan fell on worries of spillover effects of higher U.S. interest rates. Foreign investors searched for bargains in China. India held policy rate steady.
The Nikkei in Japan advanced on foreign investor enthusiasm, and the S&P 500 index recorded its best quarterly gain in five years. European markets jumped around 9%, but indexes in China struggled despite the government intervention.
Stock markets rallied in the U.S. and beyond after the Federal Reserve maintained its rate-cut outlook and sharply lifted its 2024 economic growth estimate. China market indexes extended losses after weak earnings added to macroeconomic anxieties.
Global financial markets struggled to advance amid ongoing interest rate uncertainties in the U.S. and Europe, a fragile economic recovery in China, rising expectations of wage growth in Japan, and valuation worries in India.
Investors in the U.S. and Europe bid up stocks in the hopes that major banks are laying the groundwork ahead of rate cuts as early as June. Japan led the world market with the hope that the Bank of Japan is likely to end its ultra-loose monetary policy after decades of negative rates.
Investors bid up stocks in February following better-than-expected earnings results in the U.S., Europe, and Asia. Global market indexes advanced between 4% and 8% in the month after the artificial intelligence boom lifted stocks in the U.S., Japan, and Europe, and China's intervention to stabilize financial markets.
Benchmark indexes in the U.S., Japan, Germany, and France closed at record highs and extended weekly gains after Nvidia's earnings powered another leg-up in artificial intelligence-linked stocks around the world.
Despite the cautionary trading on Wall Street this week, investors are increasingly getting comfortable with higher inflation as long as earnings are rising faster than price increases. Japan's recession estimate is most likely to be revised away in the second review as the nation slips to fourth place in the global economic ranking behind Germany.
U.S. investors looked beyond rate uncertainty and bid up stocks on a resilient economy, disinflation, and positive earnings. Caution prevailed in Europe as consumers battled high inflation and elevated rates. China indexes enjoyed a brief rebound in the hopes of specific policy measures as foreign investors continued to sell shares.
The S&P 500 index closed at a record high and advanced for the fourth month in a row after the Federal Reserve held its key lending rate steady and the U.S. economy added jobs at a faster pace in January. Inflation continued to slide in Europe, but GDP growth struggled. China markets trade near a 5-year low. Earnings surges lift Japanese stocks.
The U.S. economy accelerated in 2023, putting aside fears of imminent recession and giving additional flexibility to the Federal Reserve in bringing down inflation. The European Central Bank left its key rates unrevised and Chinese officials promise to provider deeper stimulus measures to stabilize financial markets.
U.S. stocks advanced after a volatile week of trading, and the S&P 500 closed at a new record high. European markets extended weekly losses after near-term rate cut hopes were dashed by policymakers. Persistent selling by foreign investors deepened China's market losses.
World markets resumed their advance after resting the previous week. U.S. and European markets looked beyond interest rate uncertainties. Major U.S. banks reported sharply lower earnings after banks took hefty charges linked to the rescue of regional banks last year.
U.S. stocks halted their 9-week rally after investors reassessed the Fed's recent interest rate-cut comments and dialed down expectations. Tech stocks led the decliners in the first trading week of the new year. China's shrinking manufacturing activities and deepening property woes dragged market indexes down.
World markets advanced in 2023, reversing a sharp decline in the previous year after inflation decelerated and the U.S. Federal Reserve laid the groundwork for possible rate cuts in 2024. Crude oil fell, gold edged higher, European stocks hovered near record highs, and Chinese stock indexes declined for the third year in a row.
U.S. market averages extended their gains to the eighth week after third quarter GDP growth was revised lower, inflation measures weakened, and labor market conditions remained tight. Inflation in the eurozone dropped to a 30-month low, and China held its short-term rates.
U.S. stocks powered ahead and sparked global market rally after the Federal Reserve held rates steady and signaled possible multiple rate cuts. Central Banks in the Euro Area, UK, and Switzerland also left rates unrevised.
The resilient job market and cooling inflation trend pushed the U.S. market indexes higher for the sixth week in a row. European market indexes advanced for the fourth consecutive week in the hopes of the central bank lowering rates sooner than expected.
U.S. benchmark indexes advanced for the fifth week in a row after recent economic data showed a cooling inflation trend. European markets gained for the third consecutive week after inflation in the eurozone, Spain, and Germany eased.
The expectations of stable rates in the U.S., Europe, and Japan drove market indexes higher in industrial nations. Vehicle sales in the European Union advanced for the thirteenth month in a row. China struggled to contain the property market fallout spreading to non-bank finance companies.
U.S. market indexes expanded for the third week in a row following weakening inflation and the fall in Treasury yields. World markets advanced on the receding worries of rate hikes. Crude oil declined for the fourth week in a row.
After a pause on Thursday, market indexes resumed a rally for the second week in a row as investors adjusted to a higher-for-longer interest rate scenario. Crude oil prices declined for the third consecutive week, and gold prices eased for the second week in a row. The Treasury auction market was disrupted after a cyberattack on the largest Chinese bank.
U.S. market averages rebounded after interest rate uncertainties receded, and investors hoped that the Federal Reserve would hold rates steady after the next policy meeting in December. Global markets advanced, and the U.S. dollar edged lower.
Global financial markets extended weekly losses, and benchmark indexes in the U.S., Europe, and Asia entered correction territory. Interest rate uncertainties, elevated tensions in the Middle East, and rising U.S. Treasury yields dampened global market sentiment.
Investors recalibrated interest rate expectations after Fed Chairman Powell stressed that interest rates are not restrictive enough and that higher rates may be needed to bring inflation down to the target level.
Global stock market indexes rallied for the second week as earnings season kicked off. Crude oil prices advanced and natural gas prices soared 40% on rising geopolitical tensions in the Middle East. China struggled with consumer price inflation and wholesale price deflation.
U.S. financial markets halted a 4-week decline after investors overlooked the latest update on the job market. European markets declined on rate worries, the euro dropped for the 12th week in a row and market indexes in Tokyo fell sharply.
Hopes of the Federal Reserve ending its rate hike campaign were dashed after the central bank's forward projections held out for higher for longer stance for months to come.
Financial markets selloff deepened after the U.S. Federal Reserve and other central banks announced rate decisions and signaled higher rates may be needed to cool well-entrenched inflation.
Rate anxieties extended market losses in the U.S. but European markets advanced on peak rate speculation. Global markets reacted to U.S. inflation data, interest rate decision in the Euro Area and economic data in China.