Daily Synopsis of the New York market close
 Date Issued – 12th December 2024PreviewAsian stocks rallied Thursday as softer US inflation data strengthened expectations of a Federal Reserve rate cut, with the MSCI Asia Pacific Index hitting a one-month high. Japanese and Hong Kong markets led gains, while Australia’s...
Daily Synopsis of the New York market close
 Date Issued – 11th December 2024PreviewAsian stocks dipped as markets awaited US inflation data, which could shape the Federal Reserve’s rate decision. While South Korean stocks gained, Chinese equities fluctuated amid expectations of fiscal stimulus in 2025. The US dollar...
Daily Synopsis of the New York market close
 Date Issued – 9th December 2024PreviewAsian markets slid on Monday as South Korea’s Kospi dropped 2.3% amid political strife, and Chinese shares fell ahead of key economic meetings. Tokyo’s Nikkei edged higher on expectations of a Bank of Japan rate hike, while...
Daily Synopsis of the New York market close
 Date Issued – 6th December 2024PreviewThe November jobs report is expected to show a rebound in hiring, with payrolls forecasted to rise by 215,000 after October’s hurricane- and strike-affected 12,000. Unemployment is projected to hold at 4.1%, while wage growth may hit...
Daily Synopsis of the New York market close
 Date Issued – 5th December 2024PreviewBitcoin has surpassed $100,000 for the first time after President-elect Donald Trump nominated crypto-friendly Paul Atkins as SEC chair. This fueled a $1.3 trillion crypto market rally. Bitcoin ETFs have drawn $8 billion in inflows,...
Daily Synopsis of the New York market close
 Date Issued – 4th December 2024PreviewFrance faces deepening political and economic challenges as Prime Minister Michel Barnier’s government nears collapse over austerity disputes, denting business confidence and raising concerns about economic fragility, though fears of a...
Daily Synopsis of the New York market close
 Date Issued – 4th November 2024PreviewToday’s newsletter covers impactful developments across labor, automotive, and technology sectors, as well as Wall Street’s cautious stance and bond market adjustments ahead of the U.S. presidential election. Let’s explore these topics...
Daily Synopsis of the New York market close
 Date Issued – 3rd December 2024PreviewIntel’s CEO departure signals potential strategic shifts, with options like splitting divisions, selling assets, or exploring acquisitions back on the table. HKBN shares surged after China Mobile’s $882 million takeover bid, though...
Daily Synopsis of the New York market close
 Date Issued – 28th November 2024PreviewElon Musk has called for the elimination of the Consumer Financial Protection Bureau (CFPB), describing it as a redundant regulatory body. His stance aligns with his role on Trump’s advisory board for government efficiency, where...
Daily Synopsis of the New York market close
 Date Issued – 27th November 2024PreviewAsian markets were mixed Wednesday as Wall Street hit record highs despite President-elect Trump’s tariff threats. The euro’s slide against the dollar sparks concerns over global market volatility, while OpenAI employees...