Daily Market Commentary 29th March 2024
Good Friday and Easter celebrations will mean markets are closed across most Western economies, for a four-day weekend. Two shortened trading weeks in succession. The
Good Friday and Easter celebrations will mean markets are closed across most Western economies, for a four-day weekend. Two shortened trading weeks in succession. The
The trading week leading into Easter has been extremely quiet, with little on the economic data front, and no surprises. The big news is Japan,
US economic data failed to inspire much movement on markets, with equities crawling upwards, while bond yields and currencies remain stagnant. US Consumer confidence drifted
Markets opened the trading week, still consuming the plethora of Central Bank rate decisions and the speculations, that followed. The Federal Reserve, The Bank of
US equity markets closed out a very strong week of gains boosted by Western Central Banks apparent victory over inflation and citing an appetite for
The Fed left rates unchanged and confirmed that there will probably be at least three interest rate cuts this calendar year. The conquest of inflation
The Fed left rates unchanged and projections of three rate cuts this year remained. The Federal Reserve Chairman Powell answered questions and commented the economy
Markets were quiet, awaiting of the key FOMC meeting and rate decision/commentary, from the Federal Reserve Chairman. There is unlikely to be any change although
US and European markets opened the week on a positive note, following some positive economic data out of China and looking ahead to key Central
Markets closed out the week gone by down, with equities retreating from record highs, due to the spike up in US inflation. US CPI and
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