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26/09/2023

Yields on the benchmark U.S. 10-year Treasury, which move inversely to prices, stand near 16-year highs. High Treasury yields dull the allure of stocks by offering investors an attractive payout on an investment seen as virtually risk free.

25/09/2023

The S&P 500 tumbled 2.9% this week, its biggest weekly decline since March. Investors sold global equities at the fastest rate this year, with a net $16.9 billion leaving stocks in the week to Wednesday, data from BoFA Global research showed. The index is up 12.8% year-to-date.

U.S. stocks have slid more than 6% from their late July highs, and the past week has been particularly nerve-wracking fo...
24/09/2023

U.S. stocks have slid more than 6% from their late July highs, and the past week has been particularly nerve-wracking for investors. The Fed projected it would leave interest rates at elevated levels for longer than expected, sparking selloffs in U.S. stocks and bonds.

A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming government shutdown are adding to a coc...
24/09/2023

A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming government shutdown are adding to a cocktail of risks that has spooked investors and clouded the outlook for U.S. equities

The federal funds futures market allows traders to speculate on the exact timing of policy actions by the U.S. central b...
23/09/2023

The federal funds futures market allows traders to speculate on the exact timing of policy actions by the U.S. central bank. The heightened trading activity focused primarily on the price difference between contracts for November 2023 and January 2024, a spread expected to widen if the Federal Reserve decides to bypass a November rate hike and instead raises rates in December

An unprecedented surge in trading volume was witnessed this week in a specific segment of the federal funds futures mark...
23/09/2023

An unprecedented surge in trading volume was witnessed this week in a specific segment of the federal funds futures market, following the Federal Reserve's meeting where officials maintained current rates but hinted at a probable rate increase by year-end. The spike in trading is based on the belief that the rate hikes are more likely to be implemented in December rather than November

The firm's forecasted adjusted pretax operating profit, which excludes any unique or exceptional items, is set between £...
22/09/2023

The firm's forecasted adjusted pretax operating profit, which excludes any unique or exceptional items, is set between £428.7 million and £449.6 million ($527.1 million-$552.8 million). This estimation marks a notable increase from £405 million reported in the same period last year

Investec, the financial services firm, has projected a rise in its adjusted operating pretax profit for the first half o...
22/09/2023

Investec, the financial services firm, has projected a rise in its adjusted operating pretax profit for the first half of its fiscal year ending September 30, 2023. The firm attributes this anticipated increase to strong performance in its UK and South African divisions. These positive results are expected to help the company meet its return on equity guidance for the period.

The central banks of Indonesia, the Philippines and Taiwan are all widely expected to keep key lending rates on hold at ...
21/09/2023

The central banks of Indonesia, the Philippines and Taiwan are all widely expected to keep key lending rates on hold at 5.75%, 6.25% and 1.88%, respectively, so investors will be looking to policy statements for clues on future moves

Three monetary policy decisions in Asia and a finely balanced call from the Bank of England will give Asian markets thei...
21/09/2023

Three monetary policy decisions in Asia and a finely balanced call from the Bank of England will give Asian markets their steer, as investors digest the Federal Reserve's policy decision, revised forecasts and guidance on Wednesday.

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