Daily Market Commentary 27th January 2021
Markets were flat overnight awaiting the rate decision from the Fed and the US GDP number. The Federal Reserve is expected to leave rates unchanged
Markets were flat overnight awaiting the rate decision from the Fed and the US GDP number. The Federal Reserve is expected to leave rates unchanged
A slow start to the week with little major economic data releases allowing the vacuum to be filled with virus fears. The spread of the
A negative close to a volatile week on global markets. Markets were dominated by political machinations in the USA, highlighted by the largest militarized inauguration,
The ECB left rates unchanged, but reiterated that it ‘stands ready to act,’ as necessary. ECB President LeGarde cited the serious risks posed by the
Joe Biden was inaugurated overnight as the President of the USA. US markets were relieved and surged towards record territory, eliminating recent losses. The US
Global equities bounced back from last weeks losses, with positive sentiment now towards the new US $1.9 Trillion bail-out package. The US Dollar beat a
US Equity markets were lower again, in relatively thin trading, due to the MLK Holiday. The negative sentiment from the previous week flowed through into
Markets closed the week lower and the US Dollar resurgent. The incoming Biden administration announced plans for a $1.9 Trillion stimulus plan, including further bailout
Global markets continued to test historically record highs, in equities, while bond yields steadily gained ground. This comes despite the absolute turmoil in Washington. The
Markets remain directionless in Europe and the USA, with most of Europe under severe lock-down restrictions, while the US experiences contrasting experiences, according to the
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