Daily Market Commentary 8th May 2024
European and US equity markets continued to rally strongly, supported by the growing confidence in Central Bank rate cuts and the conquest over inflation. The
European and US equity markets continued to rally strongly, supported by the growing confidence in Central Bank rate cuts and the conquest over inflation. The
The weaker than expected Non-Farm Payroll number released Friday boosted market confidence that interest rate cuts would come sooner rather than later. The weaker than
The important Non-Farm Payrolls missed expectations Friday, coming in at 175,000 jobs added, from an anticipated 250,000. The headline unemployment rate jumped up to 3.9%
Markets digested the Fed’s latest interest rate decision, to hold rates steady, following the initial surge in market confidence. The initial surge in market sentiment
The Fed left rates unchanged and commented on the ‘lack of progress’ on lowering inflation to target levels. This did not deter markets, with equities
Markets closed out a dramatic month of trading in April, with some big losses on equity markets, followed by a recovery later in the month.
Markets opened the week on a positive note, with US and European equities climbing and bond yields on the decline. The week will be dominated
Markets closed out a week of recovery on equities, although bond yields spiked higher, reflecting inflation is on the rise again and Central Bank interest
Markets settled overnight, with both European and US equities, following recovery gains earlier in the trading week. US markets await key data, with US GDP
Confidence continues to surge on European and US equity markets, looking to regain the horrific losses of the previous Geo-Politically triggered rout. The UK FTSE100
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