Daily Synopsis of the New York market close
 Date Issued – 20th September 2024Markets Embrace Optimism After Digesting Positive NewsRecord Highs Across U.S. MarketsU.S. stocks surged on Thursday, with both the S&P 500 and Dow Jones Industrial Average closing at record highs. The tech-driven Nasdaq Composite also...
Daily Synopsis of the New York market close
 Date Issued – 19th September 2024Market Outlook Hinges on Fed’s Bold Rate Cut: Soft Landing in Sight?In what many are calling a pivotal moment for monetary policy, the Federal Reserve’s recent decision to lower interest rates by 50 basis points has captured the attention of...
Daily Synopsis of the New York market close
 Date Issued – 18th September 2024Market Focus Shifts to Landmark Fed Decision, Futures Edge Higher1. Focus on the FedThe Federal Reserve is at the center of market attention as investors eagerly await its crucial interest rate decision. As speculation mounts, the debate...
Daily Synopsis of the New York market close
 Date Issued – 17th September 2024European Stocks Edge Higher as Markets Brace for Fed’s Key Policy MeetingEuropean stocks posted modest gains on Tuesday, with investors cautiously optimistic ahead of the Federal Reserve’s highly anticipated policy-setting...
Daily Synopsis of the New York market close
 Date Issued – 12th September 2024Bill Gates-backed startup says a global gold rush for buried hydrogen is picking up momentumA Bill Gates-backed startup claims a global surge in interest for geologic hydrogen is rapidly gaining traction. Koloma, a U.S.-based clean energy...
Daily Synopsis of the New York market close
 Date Issued – 11th September 2024Risk Assets and Dollar Drop Following Key US Presidential DebateThe U.S. dollar weakened significantly on Wednesday, reaching its lowest point of the year against the Japanese yen in the aftermath of the crucial U.S. presidential debate. As...
Daily Synopsis of the New York market close
 Date Issued – 10th September 2024China’s Exports Beat Forecasts, But Domestic Demand Drags on ImportsSurge in Exports Reflects Pre-Tariff RushChina’s exports surged in August, marking the fastest growth in nearly 18 months, as manufacturers accelerated orders ahead of...
Daily Synopsis of the New York market close
 Date Issued – 9th September 2024Asia Shares Slip, but US and EU Futures Find a BidAsian Markets Struggle Amid Growth ConcernsAsian equity markets opened the week under pressure as concerns surrounding U.S. and Chinese economic growth weighed heavily on investor sentiment....
Daily Synopsis of the New York market close
 Date Issued – 6th September 2024Futures Edge Lower as Crucial NFP Report Looms, Broadcom Outlook Disappoints: What’s Moving MarketsAs the markets brace for the release of key economic data, U.S. stock futures are inching lower, reflecting growing uncertainty around the...
Daily Synopsis of New York Market Close
 Date Issued – 22th August 2024Courtesy of the Research Department at Balfour Capital GroupFed Minutes Signal September Rate Cut: A Potential Turning PointMarket Highlights:Stocks on the Rise: Wall Street experienced an uplift as optimism about an imminent rate cut fueled by...