21/03/2023 Today’s Announcements & News
21/03/2023 Today’s Announcements & News Asia Asia-Pacific markets fell broadly on Monday after UBS agreed to buy its banking rival Credit Suisse for $3.25 billion over the weekend. The Hang Seng led the decline in the region, down 2.74 percent, dragged down by healthcare stocks. The Hang Seng Technology Index fell 2.66%. In mainland China, […]
20/03/2023 Today’s Announcements & News
20/03/2023 Today’s Announcements & News Asia Asia-Pacific markets were set to fall on Monday after UBS agreed over the weekend to buy its banking rival Credit Suisse for $3.2 billion. Asian markets are also expected to release a number of economic data later today, such as: B. Chinese lending rates and Korean export data. In […]
17/03/2023 Today’s Announcements & News
17/03/2023 Today’s Announcements & News Asia Asia-Pacific markets fell on Thursday, but losses on the day were largely wiped out as turmoil around Credit Suisse stoked concerns about the region’s banking sector. Credit Suisse shares fell to record lows for a second straight day on Wednesday after its main investors ruled out further support. Hong […]
16/03/2023 Today’s Announcements & News
16/03/2023 Today’s Announcements & News Asia Asia-Pacific markets tumbled on Thursday as the turmoil surrounding Credit Suisse added to concerns about the region’s banking sector. Credit Suisse shares fell to record lows for a second straight day after its main investors ruled out further support. In Japan, the Topix fell 2.27% on Thursday morning, as […]
15/03/2023 Today’s Announcements & News
15/03/2023 Today’s Announcements & News Asia Asia-Pacific markets tumbled in a volatile session on Tuesday after Wall Street slumped sharply overnight as investors grapple with fallout from failing U.S. banks, including Silicon Valley Bank. In Japan, the Topix led the losses, falling 2.67% to 1,947.54, while the Nikkei dipped to 225. Closed at 27,222.04 points, […]
14/03/2023 Today’s Announcements & News
14/03/2023 Today’s Announcements & News Asia HSBC announced it would buy the UK subsidiary of Silicon Valley Bank for £1 ($1.21), according to a document. Noel Quinn, Group Chief Executive of HSBC, said: “This acquisition is of strategic importance to our UK business. It strengthens our merchant banking franchise and strengthens our commitment to innovation […]
13/03/2023 Today’s Announcements & News
13/03/2023 Today’s Announcements & News Asia Asia-Pacific markets fell on Monday as U.S. regulators announced plans to support savers and financial institutions linked to Silicon Valley Bank, a move seen as curbing further systemic risks. Silicon Valley Bank was shut down by regulators last week after customers withdrew a staggering $42 billion in deposits by […]
10/03/2023 Today’s Announcements & News
10/03/2023 Today’s Announcements & News Asia Asia Pacific stock markets were mixed on Thursday as China’s inflation data for February softened. The economy’s consumer price index rose 1% year-on-year, the slowest pace of growth since February 2022. The Shanghai Composite Index fell 0.22% to close at 3,276.09 points, and the Shenzhen Component Index fell 0.16% […]
09/03/2023 Today’s Announcements & News
09/03/2023 Today’s Announcements & News Asia Stocks in Hong Kong fell more than 2% after Federal Reserve Chairman Jerome Powell warned that rates may need to be higher than expected, raising concerns that a bigger rate hike could be at the next policy meeting. In Hong Kong, the Hang Seng fell 2.35% in the last […]
08/03/2023 Today’s Announcements & News
08/03/2023 Today’s Announcements & News Asia Asia-Pacific shares tumbled on Wednesday after Federal Reserve Chairman Jerome Powell warned that interest rates may need to be higher than the central bank expects, raising concerns that the next policy rate hike meeting could be steeper. In Australia, the S&P/ASX 200 fell 0.82% as investors digested comments from […]
07/03/2023 Today’s Announcements & News
07/03/2023 Today’s Announcements & News Asia Asia Pacific shares were mixed on Tuesday as investors awaited the Reserve Bank of Australia’s interest rate decision and a slew of economic data from the region. In Australia, the S&P/ASX 200 fell 0.11%. The Reserve Bank of Australia is expected to raise the overnight rate by 25 basis […]
06/03/2023 Today’s Announcements & News
06/03/2023 Today’s Announcements & News Asia Asia-Pacific shares rose on Monday as investors continued to digest growth targets set by China at a parliamentary meeting and looked ahead to economic data in the week ahead. In Australia, the S&P/ASX 200 It rose 0.65 percent ahead of the Reserve Bank of Australia’s decision on Tuesday, with […]
03/03/2023 Today’s Announcements & News
03/03/2023 Today’s Announcements & News Asia Asia-Pacific markets were likely to gain on Friday, following overnight gains on Wall Street, as investor concerns over rising U.S. interest rates persisted. Japanese markets expected to open higher with Chicago’s Nikkei futures at 27,710 and Osaka at 27,700 against the Nikkei 225 It last settled at 27,498.87. In […]
02/03/2023 Today’s Announcements & News
02/03/2023 Today’s Announcements & News Asia Asia-Pacific markets were likely to be mixed as U.S. Treasury yields briefly topped 4% overnight on Wall Street, pushing stocks lower. In Australia, the S&P/ASX 200 It opened Thursday up 0.21% after falling slightly on Wednesday. In Japan, markets opened lower, with the Chicago Nikkei futures contract at 27,485 […]
01/03/2023 Today’s Announcements & News –
01/03/2023 Today’s Announcements & News Asia Asia Pacific markets were mostly higher on Tuesday as investors digested key economic data from the region. The Hang Seng Index fell 0.69% as Hong Kong Chief Executive Lee Kar-chau announced he would waive his mandate to wear face masks from March 1. Meanwhile, the Hang Seng Technology Index […]
28/02/2023 Today’s Announcements & News
28/02/2023 Today’s Announcements & News Asia Investors in the Asia-Pacific region saw stocks increase on Tuesday as they analyzed various economic figures. The Nikkei 225 and Topix in Japan both increased, despite the country’s factory output falling by 4.6% the month before. January’s retail sales there surpassed predictions with a 6.3% increase from last year. […]
27/02/2023 Today’s Announcements & News
27/02/2023 Today’s Announcements & News Asia The MSCI World index fell 2.7% last week, its biggest weekly fall since September, while Asian stocks ex-Japan fell almost as much for a fourth straight weekly loss and the steepest since October.Tech stocks are in the firing line more than most. The Hang Seng tech index is down […]
24/02/2023 Today’s Announcements & News
24/02/2023 Today’s Announcements & News Asia On Thursday, Asian stock markets experienced a rise, following the largest single-day drop on Wall Street in two months, due to revelations from a Federal Reserve meeting that indicated officials plan to maintain US interest rates to counteract potential inflation. The Shanghai Composite Index gained 0.1%, and the Hang […]
23/02/2023 Today’s Announcements & News
23/02/2023 Today’s Announcements & News Asia In 2022, Australian workers experienced a glimmer of hope as end-of-year wage growth reached its highest level in a decade, with the wage price index (WPI) reaching 3.3 percent, according to the Australian Bureau of Statistics (ABS). However, this increase was not enough to keep up with inflation, as […]
22/02/2023 Today’s Announcements & News
22/02/2023 Today’s Announcements & News AU Westpac leading index January at 10.30am AEDT, Wage price index fourth quarter and Construction work done fourth quarter at 11.30am AEDT NZ trade balance January at 8.45am AEDT, RBNZ policy decision at 12pm AEDT Eurozone CPI January final at 6pm AEDT Asia The potential for higher and more […]
21/02/2023 Today’s Announcements & News
21/02/2023 Today’s Announcements & News Asia The US dollar weakened against the majority of G-10 currencies, while the Australian dollar saw the biggest gains, bolstered by the Reserve Bank of Australia’s hawkish outlook last week. Chinese commodities that are sensitive to economic growth, such as oil and gold futures, rose after strong gains in Chinese […]
20/02/2023 Today’s Announcements & News
20/02/2023 Today’s Announcements & News UK Rightmove house prices February Asia This week, the economic calendar in Asia will be dominated by three central bank policy decisions, as investors try to navigate the significant market impact caused by the recent dramatic shift in U.S. interest rate expectations. However, these events take place amidst an […]
17/02/2023 Today’s Announcements & News
17/02/2023 Today’s Announcements & News AU Philip Lowe, RBA governor, will appear before the House of Representatives Standing Committee on Economics, Canberra at 9.30am AEDT UK January retail sales US import price index January, Leading index January Asia Australian shares are expected to open on a lower note due to the final hour […]
16/02/2023 Today’s Announcements & News
16/02/2023 Today’s Announcements & News Retail sales and private sector credit for December at 11.30am AEDT US fourth-quarter employment cost index, FHFA house prices November, S&P CoreLogic CS house prices November, Chicago PMI January China January PMIs for manufacturing, services at 12.30pmAEDT Japan December industrial production Eurozone fourth-quarter GDP at 9pm, January CPI at […]
15/02/2023 Today’s Announcements & News
15/02/2023 Today’s Announcements & News AU RBA governor Philip Lowe to appear before the Senate Economics Legislation Committee (Supplementary Budget Estimates), 11.15am AEDT US February NY Empire manufacturing, January retail sales and industrial production, December business inventories, February NAHB housing market index Eurozone December industrial production and trade balance UK January CPI at 6pm […]
14/02/2023 Today’s Announcements & News
14/02/2023 Today’s Announcements & News AU Westpac-MI February consumer confidence at 10.30am AEDT NAB January business survey at 11.30am AEDT Japan fourth-quarter GDP, December industrial production Eurozone fourth quarter GDP at 9pm AEDT UK December ILO unemployment rate US January CPI at 12.30am AEDT on Wednesday Asia Australian shares are poised to open higher […]
13/02/2023 Today’s Announcements & News
13/02/2023 Today’s Announcements & News US January CPI at 12.30am AEDT Wednesday Asia Australian shares are set for a muted open on a week that may prove pivotal for the year-to-date rally as local reporting season accelerates and the release of January US CPI data tests Wall Street’s resilience. The rally in Chinese […]
10/02/2023 Today’s Announcements & News
10/02/2023 Today’s Announcements & News AU RBA Statement on Monetary Policy at 11.30am AEDT NZ BusinessNZ manufacturing PMI January at 8.30am AEDT China January CPI and PPI at 12.30pm AEDT UK fourth quarter GDP at 6pm AEDT US consumer sentiment February preliminary Asia Australian shares were set to edge lower. ASX futures down 26 points […]
09/02/2023 Today’s Announcements & News
09/02/2023 Today’s Announcements & News Asia Australian shares are poised to open lower as US stocks pulled back amid a rethink on what the peak will be for interest rates. The ASX 200 futures were down 0.42%. Asian markets are set to open lower as indicated by futures pricing. Nikkei 225 futures fell […]
08/02/2023 Today’s Announcements & News
08/02/2023 Today’s Announcements & News Japan December current account US December consumer credit Asia ASX futures were up 30 points or 0.4 per cent to 7461 at 8amAEDT, reversing earlier losses of more than 30 points. The RBA expects more rate hikes in the coming months as the country’s inflation rose to 7.8% […]
07/02/2023 Today’s Announcements & News
07/02/2023 Today’s Announcements & News Asia Australian shares edge down at the open. Equity futures point to a mixed open across the APAC region, with ASX futures up 0.01%, Nikkei 225 futures flat and Hang Seng Index up 0.08%. Asian stocks on Tuesday come off the back of their worst day since June hoping for […]
02/02/2023 Today’s Announcements & News
02/02/2023 Today’s Announcements & News AU Building approvals December at 11.30am AEDT NZ building permits December US December factory orders and durable goods orders UK Bank of England policy decision at 11pm AEDT EU Central Bank policy decision at 12.15am AEDT on Friday Asia ASX futures were up 23 points or 0.31 per cent to […]
03/02/2023 Today’s Announcements & News
03/02/2023 Today’s Announcements & News AU Housing finance December at 11.30am AEDT NZ January ANZ consumer confidence US January jobs report 12.30am AEDT Saturday, ISM non-manufacturing January China Caixin services PMI January Eurozone PPI December Asia Australian shares were poised to open higher, bolstered by a surge in America’s largest tech companies and bets that […]
01/02/2023 Today’s Announcements & News
01/02/2023 Today’s Announcements & News Today’s Announcements & News AU CoreLogic home value index January NZ fourth-quarter jobless rate, private wages and employment at 8.45am AEDT China Caixin manufacturing PMI January at 12.45pm AEDT EU January CPI at 9pm AEDT, December unemployment rate US ADP employment report January, December construction spending, ISM January manufacturing Asia […]
31/01/2023 Today’s Announcements & News
31/01/2023 Today’s Announcements & News Retail sales and private sector credit for December at 11.30am AEDT US fourth-quarter employment cost index, FHFA house prices November, S&P CoreLogic CS house prices November, Chicago PMI January China January PMIs for manufacturing, services at 12.30pmAEDT Japan December industrial production Eurozone fourth-quarter GDP at 9pm, January CPI at midnight […]
30/01/2023 Today’s Announcements & News
30/01/2023 Today’s Announcements & News NZ December trade balance at 8.45am AEDT Overseas: US Dallas Fed index January Australia Australian shares are poised to open higher, bolstered by further gains in New York as Tesla rallied sharply for a second session. United States Fundstrat Global is holding fast to its view that inflation is cooling […]
27/01/2023 Today’s Announcements & News
27/01/2023 Today’s Announcements & News Australia Australian markets closed for Australian Day on Thursday. United States Wall Street finished higher amid a Tesla-fuelled tech rally and greater-than-expected US GDP. The US Q4 GDP growth printed at 2.9% annually, higher than an estimated 2.6%, but slower than the third quarter of 3.2%. Despite an insistent […]
26/01/2023 Today’s Announcements & News
26/01/2023 Today’s Announcements & News Australia The Australian Q4 CPI data unexpectedly printed at a fresh 30-year high of 7.8% year on year, pushing up the Aussie dollar and sending the ASX 200 lower. AU Market closed today due to Australia Day. United States US stocks bounced off session lows as tech shares showed resilient […]
25/01/2023 Today’s Announcements & News
25/01/2023 Today’s Announcements & News AU Fourth quarter CPI at 11.30am AEDT NZ fourth quarter CPI at 8.45am AEDT, December credit card spending; Eurozone January IFO business climate survey Australia Australian shares were poised to open lower, tracking modest moves in New York. US stocks started to turn more positive in afternoon trading as investors […]
24/01/2023 Today’s Announcements & News
24/01/2023 Today’s Announcements & News AU: NAB December business conditions January PMI services for Japan Nikkei, Eurozone, UK and US January PMI manufacturing for Japan, UK and US US Richmond Fed index January Australia Australian shares are set to open higher as tech stocks paced a broad rally in New York, though US equities had […]
23/01/2023 Today’s Announcements & News
23/01/2023 Today’s Announcements & News UK January house prices; US December leading index Chinese markets closed this week due to Lunar New Year holidays Australia Australian shares are poised to move within touching distance of a record high after rising 1.7 per cent last week. The S&P/ASX 200 currently sits about 2.4 per cent off […]
20/01/2023 Today’s Announcements & News
20/01/2023 Today’s Announcements & News Australia ASX 200 rallied to the highest since April 2022 as miner stocks rose on strong production numbers and positive guidance. Its stock markets have also been buoyed by a sharp decline in Australian bond yields due to an unexpected jump in the unemployment rate. Australian dollar is getting […]
19/01/2023 Today’s Announcements & News
19/01/2023 Today’s Announcements & News AU December Labour Force at 11.30am AEDT US December building permits and housing starts, Philadelphia Fed index January Australia It is expect Australia’s labour market to end the year on a firm note, forecasting an above consensus +35k (cons. 20k) print on headline employment growth, and participation rate forecast to […]
FPG Market Updates 12th January 2023 – Stocks higher on upcoming CPI report
FPG Market Updates: 12th January 2023 FPG Fortune Prime Global Market Headlines FPG Market Updates 12th January 2023 – Stocks higher on upcoming CPI report ASX futures up 57 points or 0.80 per cent to 7196 near 8.30am AEDT • AUDUSD +0.3% to 69.07 US cents • BTCUSD +0.5% to $US17,552 at 8.25am AEDT • […]
FPG Market Updates: 5th January 2022 – Local shares are set to advance
Local shares are set to advance following US investors digesting disparate economic data and buying tech stocks that were hit during Tuesday’s selloff.
ASX futures were up 33 points or 0.5 per cent to 7032 near 6am AEDT.
The Australian dollar was up 1.7 per cent at US68.40¢.
On Wall Street, US stocks reversed early losses to rise on Wednesday as investors digested disparate economic data and snapped up big-tech stocks that were battered during Tuesday’s selloff.
The S&P 500 and the Nasdaq 100 jumped after data from the Institute for Supply Management showed improving supply chain conditions, declining input prices and slower demand. All were developments that the US Federal Reserve would welcome.
FPG Market Updates: 20th December 2022 – AUDUSD down 1% at 64.77, Gold rose 0.7% overnight
Local shares are expected to rise at the open, shrugging off declines on Wall Street as investors assessed the pain ahead for growth stocks.
ASX futures were up 52 points, or 0.8 per cent, to 6945 near 6am AEDT on Wednesday.
AUDUSD was down 1 per cent at US67.33¢.
US equities pushed lower led by declines in Tesla and Apple shares. Treasuries pared earlier gains and the US dollar rose the most in nearly three weeks.
The S&P 500 fell and the tech-heavy Nasdaq 100’s losses exceeded 1 per cent.
Treasury yields declined across the curve and the policy-sensitive 10-year yield was about 3.78 per cent, after dropping to around 3.72 per cent earlier. Oil retreated.
FPG Market Updates: 20th December 2022
20th December 2022 Market Updates FPG Fortune Prime Global Market Headlines Market Headlines The US 10-year note’s yield was 3.57 percent. In the wake of last week’s flight to safety, which was sparked by concerns about the recession and the Fed’s aggressive rhetoric as it fights against inflation, the S&P 500 and the Nasdaq were […]
FPG Market Updates: 19th December 2022
19th December 2022 Market Updates FPG Fortune Prime Global Market Headlines Market Headlines In New York, the yield on the US 10-year note increased by 4 basis points to 3.48 percent. The three major Wall Street benchmarks all ended Friday’s trading session approximately 1% lower as three US policymakers predicted no change in interest rates […]
FPG Market Updates: 16th December 2022
19th December 2022 Market Updates FPG Fortune Prime Global Market Headlines Market Headlines In New York, the yield on the US 10-year note increased by 4 basis points to 3.48 percent. The three major Wall Street benchmarks all ended Friday’s trading session approximately 1% lower as three US policymakers predicted no change in interest rates […]
FPG Overnight Headlines 15/12/2022
15th December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The Dow lost more than 600 points from just before the Fed announced its statement and projections until long after Fed chairman Jerome Powell started meeting with reporters, resulting in a final loss of 142 points. Powell claimed that the government’s aggressive […]
FPG Overnight Headlines 14/12/2022
14th December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines At closing, 10 of the 11 S&P 500 industry groups were headed higher by the real estate sector. Consumer goods experienced a 0.2% decline. More than 9% of the VIX was lost. The final S&P 500 value was 4019. The local currency […]
FPG Overnight Headlines 13/12/2022
13th December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines US consumer price information for November will be made public on Wednesday. The Federal Reserve’s policymakers will meet for two days starting tomorrow; a statement is expected on Thursday. The local currency fell by 0.9% while the Bloomberg dollar spot index increased […]
FPG Overnight Headlines 12/12/2022
12th December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines In New York, the yield on the US 10-year note increased by 10 basis points to 3.58 percent. After a largely quiet session, all three major Wall Street benchmarks declined in the last hour. The Dow closed at 33,476 down 305 points. […]
FPG Overnight Headlines 09/12/2022
9th December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The yield on the 10-year US Treasury note increased 7 basis points to 3.48 percent, making up the majority of the loss from the previous session. Information technology led nine of the 11 S&P 500 industry sectors higher on Wall Street. Energy […]
FPG Overnight Headlines 08/12/2022
8th December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The US 10-year note’s yield decreased by 11 basis points to 3.42 percent. Communication services led eight out of the 11 S&P 500 industry groups lower on Wall Street. Citi: “Things are easing.” According to Citigroup CEO Jane Fraser, as more and […]
FPG Overnight Headlines 07/12/2022
7th December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The 10-year US Treasury yield decreased by 4 basis points to 3.53 percent. JPMorgan CEO Jamie Dimon predicted a “moderate to more significant recession” in an interview with CNBC. Bank of America’s Brian Moynihan claimed that the bank has paused new hiring […]
FPG Overnight Headlines 06/12/2022
6th December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The 10-year US Treasury yield increased 10 basis points to 3.59 percent. Tesla’s stock fell after it was revealed that it would reduce Model Y production at its Shanghai plant by more than 20% from November’s levels in December. According to Bloomberg, […]
FPG Overnight Headlines 05/12/2022
5th December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Iron ore is expected to continue its upward trend beyond the $US100 per tonne mark as Australian shares are expected to open higher on expectations that China would continue to relax its zero-COVID policy. ASX futures up by 19 points (0.26%) to […]
FPG Overnight Headlines 02/12/2022
2nd December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The 10-year US Treasury yield decreased 10 basis points to 3.50 percent at. The Dow was losing ground on Wall Street. The index fell by 195 points at the closing after rising by 737 points the previous day. The S&P 500 finished […]
FPG Overnight Headlines 01/12/2022
1St December 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Despite commodities declining and nerves fraying ahead of the August US nonfarm payroll report, Australian shares are expected to open slightly higher thanks to a shift in New York. If the US labour market remains robust, it might make the Federal Reserve’s […]
FPG Overnight Headlines 30/11/2022
30th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Due to the small losses in New York, Australian equities are expected to open barely altered. The Nasdaq was hurt by a decline in tech shares as US Treasury yields shot up. ASX futures dropped one point to 7259. Dow +0.01% on […]
FPG Overnight Headlines 29/11/2022
29th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines At 3.68 percent, the yield on the US 10-year note was unchanged. Wall Street mood was negatively impacted by the COVID protests in China and the Federal Reserve officials’ ongoing calls for higher interest rates, with real estate leading all 11 S&P […]
FPG Overnight Headlines 25/11/2022
25th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Following advances in Europe on expectations that the US Federal Reserve is close to ending its rate-rising cycle, Australian equities are expected to increase marginally at market open. ASX futures up by 14 points (0.19%) to 7267. The local currency increased by […]
FPG Overnight Headlines 24/11/2022
24th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Following a signal from US policymakers that they are leaning towards a downshift in their rate-rising cycle, Australian shares are expected to open slightly higher. According to the meeting’s minutes from November 1-2, “a strong majority of participants judged that a decrease […]
FPG Overnight Headlines 23/11/2022
23th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines As investors appear to be focusing on chances that US officials would pivot to modest rate-rising actions as early as next month, Australian equities are likely to advance, supported by gains in New York. ASX futures increased by 58 points (0.81%) to […]
FPG Overnight Headlines 22/11/2022
22th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Despite declines on Wall Street, Australian equities are anticipated to open higher. After Saudi Arabia rejected plans to pressure OPEC to increase output, oil prices slightly declined, recovering from a more than 5% decline. ASX futures increased by 32 points, or 0.45%. […]
FPG Overnight Headlines 21/11/2022
21th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Australian equities are expected to open higher following a mildly positive week-end on Wall Street, as investors continue to prepare for a more gradual increase in US interest rates beginning next month. ASX futures increased by 24 points, or 0.3%, to 7192. […]
FPG Overnight Headlines 18/11/2022
18th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Wall Street ended the day off its session lows, which is expected to boost Australian equities when they open higher. Eight out of the 11 industry groupings in the S&P 500 fell along with utilities. ASX futures reversed early losses by rising […]
FPG Overnight Headlines 17/11/2022
17th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The US 10-year note’s yield decreased 8 basis points to 3.69 percent. In terms of S&P 500 industry groupings, energy led the declines on Wall Street, driving nine of the 11 lower. The second and third biggest losers were in the consumer […]
FPG Overnight Headlines 16/11/2022
16th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The 10-year US Treasury yield decreased 8 basis points to 3.77 percent, continuing its previous decline. The NYSE Fang + Index increased 3.4% on Wall Street. Nine out of the 11 industry sectors in the S&P 500 saw gains led by communication […]
FPG Overnight Headlines 15/11/2022
15th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The US 10-year note’s yield increased 4 basis points to $3.85 per. Consumer discretionary and real estate led 10 out of the 11 S&P 500 industry groups lower on Wall Street. The health sector saw a 0.03 % increase. The VIX increased […]
FPG Overnight Headlines 14/11/2022
14th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Following Wall Street’s upward movement and amid hopes that the rally has more room to run over the coming weeks, Australian equities are expected to extend their gains from Friday. ASX futures up by 42 points (0.59%) to 7204. On Friday, the […]
FPG Overnight Headlines 11/11/2022
11th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The Federal Reserve now has some leeway to moderate the rate of interest rate increases after annual inflation in the United States dropped to 7.7 percent last month, the lowest level since January. Since February, the consumer price index has increased at […]
FPG Overnight Headlines 10/11/2022
10th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The 10-year US Treasury yield decreased 3 basis points to 4.09 percent. On Wall Street, the Nasdaq 100 led losses among key indexes as the S&P 500 ended a three-day surge. After releasing poor results, Walt Disney and News Corp fell. The […]
FPG Overnight Headlines 09/11/2022
9th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The US 10-year note’s yield decreased by 8 basis points to 4.13 percent. As the session went on, sentiment on Wall Street changed, and it ended nearly at session highs. In part, there was hope that Republicans would take back the House, […]
FPG Overnight Headlines 08/11/2022
8th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The US 10-year note’s yield increased by 5 basis points to 4.21 percent. Communication services led eight out of the 11 S&P 500 industry groups higher on Wall Street. Utilities, consumer discretionary, and real estate were among the decliners. The VIX decreased […]
FPG Overnight Headlines 07/11/2022
7th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Australian stocks are expected to begin up more than 1% higher, keeping up with strong gains elsewhere on growing rumours that China is getting ready to relax severe COVID-related restrictions. As of 6976, ASX futures were up 91 points, or 1.32 percent. […]
FPG Overnight Headlines 04/11/2022
4th November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The 10-year US Treasury yield increased 5 basis points to 4.15 percent at. Although the Bank of England resisted market pricing and predicted that the UK economy would decline for two years, the rate increase of 0.75 percentage points was expected. As […]
FPG Overnight Headlines 03/11/2022
3rd November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Australian stocks are expected to start off lower. As a result of dissatisfaction over Federal Reserve chairman Jerome Powell’s lack of clarity over the rate outlook, shares in New York oscillated and looked destined to close significantly lower. When Powell informed reporters […]
FPG Overnight Headlines 02/11/2022
2nd November 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The yield on the 10-year US Treasury note increased by one basis point to 4.05 percent. Overnight reports revealed that the US still has a high unemployment rate while manufacturing activity has decreased. The report seemed to support the Fed’s decision to […]
FPG Overnight Headlines 31/10/2022
31st October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Australian stocks are expected to increase by 1.4%, lagging behind a weekend increase on Wall Street. The ASX futures index increased by 92 points or 1.4% to 6868. The local currency dropped 0.6%, retreating to a handle of US63. The dollar spot […]
FPG Overnight Headlines 28/10/2022
28th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The yield on the US 10-year note slid 8 basis points to 3.92 per cent. The UK 10-year yield fell 18 basis points to 3.39 per cent. On Wall Street, shares were mixed in late trade as the Dow advanced on positive […]
FPG Overnight Headlines 27/10/2022
27th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines A 10 basis point decline brought the yield on the US 10-year note to 4.000%. In the S&P 500 industry groupings on Wall Street, five of the 11 decreased, with communication services leading the way with a decrease of 4.8%. 2 percent […]
FPG Overnight Headlines 26/10/2022
26th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The US 10-year note’s yield decreased 14 basis points to 4.10 percent. In an effort to bring the split Tories together, Rishi Sunak officially assumed office as prime minister and formed his cabinet. The UK’s 10-year yield dropped by 11 basis points […]
FPG Overnight Headlines 25/10/2022
25th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The US 10-year note’s yield increased by 3 basis points to 4.25 percent. The yield on the 10-year note for the UK fell 31 basis points to 3.73 percent. All three major Wall Street benchmarks were up, continuing the surge from the […]
FPG Overnight Headlines 24/10/2022
24th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines On Friday in New York, the yield on the US 10-year note decreased by 1 basis point to 4.22 percent. All three major benchmarks on Wall Street increased, and all 11 S&P 500 industry sectors closed higher. The S&P 500 reached 3752.75 […]
FPG Overnight Headlines 21/10/2022
21st October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The 10-year US Treasury yield increased 9 basis points to 4.23 percent. Following Liz Truss’ resignation as prime minister, the UK 10-year yield increased 3 basis points to 3.89 percent. Eight out of the 11 S&P 500 industry groups on Wall Street […]
FPG Overnight Headlines 20/10/2022
20th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The 10-year US Treasury yield increased 13 basis points to 4.13 percent. The two-year US yield, which is more responsive to impending central bank actions, increased to its highest level since 2007 as speculators raised hopes for a peak policy rate that […]
FPG Overnight Headlines 19/10/2022
19th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Australian stocks are expected to start off lower. Although equities were expected to settle higher in New York, choppy trading resulted in big changes as the session went on. ASX futures fell 6753 points, or 29 points, or 0.43 percent. Dow + […]
FPG Overnight Headlines 18/10/2022
18th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines US 10-year note yield decreased by 1 basis point to 4.01 percent. The yield on the UK 10-year note fell by 36 basis points to 3.96 percent. The three main Wall Street benchmarks all began the trading week significantly higher. All 11 […]
FPG Overnight Headlines 17/10/2022
17th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines This week, as the national statistics office releases its monthly jobs figures, the status of the Australian labour market will be under the spotlight. The unemployment rate increased slightly to 3.5% in August as more people began looking for jobs after many […]
FPG Overnight Headlines 14/10/2022
14th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Treasury yields dropped from highs as investors evaluated the effect of the most recent high inflation report on the Federal Reserve’s policy course, sending US stocks plunging before recovering. From session lows, the S&P 500 staged a strong recovery, with gains spreading […]
FPG Overnight Headlines 13/10/2022
13th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Officials from the Federal Reserve agreed to increase interest rates to a low level in the near future and maintain them there in order to bring inflation back to the target range, though others stressed it would be crucial to calibrate increases to reduce […]
FPG Overnight Headlines 12/10/2022
12th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The International Monetary Fund issued a warning about an unruly market revaluation, claiming that the risks to global financial stability have increased, increasing the likelihood of market contagion and stress spillovers. The probability of a severe downturn has increased to levels not seen […]
FPG Overnight Headlines 11/10/2022
11th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines As greater inflation drives the Federal Reserve to keep raising interest rates, adding to the debt burdens on developing countries, the leaders of the IMF and World Bank warned of a rising chance of a worldwide recession. The impact of increasing borrowing […]
FPG Overnight Headlines 10/10/2022
10th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The warning of a potential $4 trillion ($6.3 trillion) loss in the global economy is ringing in the ears of the heads of the world’s financial institutions as they meet in Washington this week. That is the gap between the growth outlook […]
FPG Overnight Headlines 07/10/2022
7th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines In terms of Wall Street, the S&P 500 dropped 1%. The benchmark index had its largest two-day jump since the spring of 2020 and is still on track for a 5% gain this week. The Nasdaq dropped 0.7% and the Dow Jones […]
FPG Overnight Headlines 06/10/2022
6th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines After OPEC+ agreed to the greatest supply cut since 2020 and Russia threatened to cut its own output even more, the price of oil continued to rise. Brent crude last increased 2% to $93.67 a barrel. Inability to hold onto a late-day […]
FPG Overnight Headlines 05/10/2022
5th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines The lower US jobs report and the RBA’s decision to reduce the tempo of rate increases caused yields on the 10-year US Treasury to decline for a second day. Markets continue to largely anticipate a 0.75 percent increase from the US Federal […]
FPG Overnight Headlines 04/10/2022
4th October 2022 Market Updates FPG Fortune Prime Global Overnight headlines Overnight headlines Australian equities are projected to climb as investors reevaluate how high the Federal Reserve will hike interest rates in response to US manufacturing data that was worse than expected but still sent Wall Street higher. The Dow Jones Industrial Average increased by […]
