Politics take centre stage in the markets. Meanwhile, the US economy is experiencing slowing growth, rising unemployment, and cooling inflation, suggesting imminent interest rate cuts. In China, efforts to stimulate local demand are falling short, and the banking sector is under significant stress.
Actionable Insight – July Read More »
US markets once again ended the week largely flat, as political developments in the US and France captured investor attention. Despite easing inflation, US Treasury yields rose due to uncertainty around the upcoming elections. The US dollar strengthened, while the Japanese yen hit a 38-year low against the dollar.
Weekly Newsletter – 28th June , 2024 Read More »
It was a relatively quiet week in the financial markets, with most indices finishing close to where they started. French President Macron dissolved the National Assembly after a far-right victory in the EU parliament elections. The Swiss National Bank cut interest rates, while the Japanese yen weakened against the US dollar.
Weekly Newsletter – 21st June , 2024 Read More »
US equities surge as S&P 500 hits 25 all-time highs this year, driven by tech stocks and semiconductor outperformance. Despite slower GDP growth, concerns arise over consumer fatigue and rising default rates, while labor market strength shows signs of softening. Gold’s prominence grows amid central bank purchases and other major economies initiate interest rate cuts.
Actionable Insight – June Read More »
US stocks concluded the last trading day of May on a high note, marking the sixth positive month in the last seven for all three major indexes. The S&P 500 and Nasdaq Composite posted their best May performances since 2003, while the Dow Jones Industrial Average saw its best May since 2020.
Weekly Newsletter – 31st May , 2024 Read More »
Last week, the S&P 500 narrowly extended its five-week winning streak, registering a +0.03% gain, while the Nasdaq surged +1.4%; however, the Dow fell -2.3%. In the coming week, bond markets face a busy slate of Treasury auctions worth $183B and market focus shifts to inflation data due on 31st May
Weekly Newsletter – 24th May , 2024 Read More »
After a robust 2023, the US economy is showing signs of stabilizing, with modest growth reported in the first quarter of 2024, indicating a possible tapering of economic expansion. Inflation remains persistent, prompting cautious monetary policy from the Fed.
Actionable Insight – May Read More »
Wall Street witnessed a record-breaking week, primarily driven by the latest consumer inflation data. The positive sentiment pushed the benchmark S&P 500 above the 5,300-point level for the first time ever.
Weekly Newsletter – 17th May , 2024 Read More »
The S&P 500 and Treasuries notched their first in-tandem weekly gain in a month, buoyed by constructive pronouncements from Federal Reserve Chair Jerome Powell and softer employment data. Please find enclosed our weekly newsletter.
Weekly Newsletter – 3rd May , 2024 Read More »
Vladimir Ilyich Lenin, the leader of the Russian Revolution and the first head of the Soviet state, once said. “There are decades where nothing happens; and there are weeks where decades happen.” Are we witnessing one such week now? Please find enclosed our newsletter for April 2024.
Actionable Insight – April Read More »
Asas Capital is a DFSA Regulated Company | Copyright © 2024 Asas Capital Limited | Data Privacy Policy
Designed by Epirco Group
