By Hussein Sayed, Chief Market Strategist at FXTM Last Friday, investors were cautiously monitoring the US nonfarm payrolls report, as market participants were anticipating a seven-digit job gain. Unfortunately, they got a
By Han Tan, Market Analyst at FXTM Asian markets are climbing Friday on the back of Thursday’s gains for US benchmark indices, following fresh signs that the US economy is healing from
By Hussein Sayed, Chief Market Strategist at FXTM Whoever thought the robust economic figures produced by the US economy over the past few weeks would alter the Federal Reserve’s thinking, even slightly,
By Han Tan, Market Analyst at FXTM Asian stocks and US equity futures are mixed as investors brace for imminent cross currents on Wednesday, including the latest FOMC policy outlook, US President
By Hussein Sayed, Chief Market Strategist at FXTM Concerns about the Covid situation, a potential hike in US capital gains tax and overstretched valuations were some of the reasons for Wall Street’s
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were mostly higher on Monday, while US equity futures are trading mixed after the S&P 500 and Dow Jones closed at all-time
By Han Tan, Market Analyst at FXTM US benchmark stock indices posted new record highs on Thursday as markets cheered signs that the US economy is well and truly getting back on
By Hussein Sayed, Chief Market Strategist at FXTM The US earnings season kicked off with the largest US banks proving once again they can top analysts’ expectations by wide margins. Growth in
By Hussein Sayed, Chief Market Strategist at FXTM Ever since the US stock market bottomed on March 23 last year, equities have been driven by brighter growth expectations around the world supported
By Han Tan, Market Analyst at FXTM US equity futures are pushing up to new highs amidst the risk-on party in equities. The MSCI ACWI index, which measures stock markets in both
