Wall Street Archives - Page 23 of 23

Stocks resume rally, despite miserable data

By Hussein Sayed, Chief Market Strategist at FXTM Investors in Asia kicked off the week in an upbeat mood, with most major equity indices trading in positive territory. The upside momentum seems

11th May 2020

Markets/World

It’s a grim outlook, so Wall Street is too optimistic

By Hussein Sayed, Chief Market Strategist at FXTM The short-term economic outlook is looking terrible and it is likely to become even worse as more data is published. Wednesday’s US ADP labour

7th May 2020

Markets/World

Sell in May and go away?

By Hussein Sayed, Chief Market Strategist at FXTM This question never gets old: shall we “sell in May and go away”? Investors who got out of the market just for the month

4th May 2020

Markets/World

Investors turn defensive following a raft of disappointing economic data

By Hussein Sayed, Chief Market Strategist at FXTM After climbing to a month-high on Tuesday, the S&P 500 declined 2.2% on Wednesday and more losses are set to follow Thursday with futures

16th April 2020

Markets/World

Caution kicks in as corporate earnings loom

By Lukman Otunuga, Senior Research Analyst at FXTM Caution and unease are set to engulf financial markets ahead of one of the most uncertain earnings seasons for years, as it is expected

14th April 2020

Markets/World

Is the correction in stocks over?

By Hussein Sayed, Chief Market Strategist at FXTM Risk-on sentiment has returned once again with Wall Street leading a significant rally on Wednesday. The Dow Jones Industrial Average soared 4.5% to close

5th March 2020

Markets/World

Stocks rally on easing monetary policy assumptions, but for how long?

By Hussein Sayed, Chief Market Strategist at FXTM Last week, we learned that investors were still brave enough to continue with a ‘buy-the-dips’ mentality in equity markets. All three major US indices

10th February 2020

Markets/World