Weekly Newsletter – 1st November , 2024

US October jobs data came in well below expectations, but analysts attributed the slowdown to one-off events. Market remains convinced about a 25 bp cut by the FOMC on November 7th, while concerns about higher inflation and debt pushed 10y US Treasury yields higher. September corporate earnings were generally positive, but market reaction was mixed due to concerns around high AI spends.

Facebook
Twitter
LinkedIn
Pinterest

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top

Menu

Services

Disclaimer 

ASAS Capital Limited is regulated by the Dubai Financial Services Authority ( “ DFSA”) and has its office at office 702, Emirates Financial Towers, Level 7, South Tower, DIFC, P.O.Box 506806. ASAS Capital Ltd is a company established in the Dubai International Financial Centre ( “ DIFC”) pursuant to DIFC Companies Law with registration number CL 0814. This information has not been reviewed by the DFSA. This information is intended for use only by Professional Clients and is not directed at Retail Clients as defined by the DFSA Rulebook. ASAS Capital Ltd is authorised in the DIFC to provide financial services only to clients who qualify as Professional Clients and Market Counterparties and not to Retail Clients.

The information herein is for general information only. It is not and does not constitute an offer, recommendation, or solicitation to enter any transaction or adopt any investment strategy. This information is for general evaluation only. You should not rely on any contents in making any investment decisions. We recommend you seek independent financial advice regarding the suitability of the investment product, considering your specific investment intention, financial circumstances, or needs, before you take a decision to enter into an investment. Past performance is not indicative of future results and no representation , express or implied, or warranty is made regarding future performance.

All information contained in this website is the property of ASAS Capital Ltd and may not be copied, reproduced, distributed, or communicated to a third party without the express written consent of ASAS Capital Ltd.