• Market update

Stock markets a sea of red amid surging bond yields

The global stock markets were hit by the Fed’s hawkish stance as government bond yields surged, pressing on equity valuations.

21 Sep 2023

• Market update

US stocks fall following Fed’s hawkish pause, Instacart slides

The US stock markets continued to slip after the Fed held the interest rate at 5.50% unchanged but signalled one more increase and brought the fund rate to 5.6% this year.

20 Sep 2023

• Market update

Wall Street extends losses as yields bite, Instacart jumps on debut

Wall Street fell for the third straight trading day as the US bond yields continued to climb ahead of the Fed rate decision tomorrow

19 Sep 2023

• IPO watch

Instacart set to debut following Arm’s success

The largest grocery-delivery business in the US, Instacart, is primed for its debut at the US market open on Tuesday.

19 Sep 2023

• Market update

US stocks marginally higher ahead of the Fed decision, Instacart is set to debut

Wall Street finishes marginally higher to kick off the week ahead of major central banks’ decisions this week.

18 Sep 2023

• Market update

Wall Street rallies as Arm IPO flares up optimism in equity markets

US stocks finished broadly higher following Arm IPO as the UK-based chip designer’s stocks soared more than 24% on its debut day

14 Sep 2023

• Market update

Dow extends losses amid hotter-than-expected inflation, Arm is set to debut

US stocks finished mixed, with the Dow in the red, while the S&P 500 and Nasdaq were higher following the slightly higher-than-expected August CPI data

13 Sep 2023

• Market update

Tech selloffs resume on Wall Street, Apple falls following event

Wall Street was lower as selloffs resumed in big techs ahead of the US CPI release later today

12 Sep 2023

• Market update

Wall Street rises amid a Tesla-led tech rally ahead of key CPI

US stocks finished higher to kick off the week as tech stocks gained momentum on economic optimism ahead of the key inflation data

11 Sep 2023

• IPO watch

Arm IPO: Will investors pay an Arm and a leg?

UK chipmaker Arm, owned by SoftBank, has finally pulled the trigger on its US IPO, snubbing London and testing the appetite of the market at a time when sentiment remains cautious.

11 Sep 2023

• News

European markets tread water ahead of the ECB next week

08 Sep 2023

• News

Economy concerns weigh on Europe, as higher rates keep US markets on the back foot

Yesterday was another mixed bag for European markets, with the DAX closing lower for the 5th day in a row, while still closing well off the lows of the day in another choppy session.

08 Sep 2023

• News

Sterling slides as rate hike bets get reduced, FTSE100 outperforms

European markets initially started the day on the back foot after another set of poor trade numbers from China in August.

07 Sep 2023

• Market update

A period of policy stasis wouldn’t go amiss from central banks this month

For all of August and most of the summer, attention has been fixed on this month’s central bank rate meetings for clues as to how close we are to the end of the current central bank rate hiking cycle,

07 Sep 2023

• News

Lower open expected, China trade sees modest improvement

European markets declined for the 4th day in a row yesterday with both the DAX and FTSE100 falling to one-week lows on concerns over slowing economic activity,

07 Sep 2023

• News

Stocks slide and yields rise after ISM services hits a 6-month high

European markets have continued to struggle today with the FTSE100 and DAX both dropping below yesterday’s lows, after a truly awful German factory orders number for July saw output plunge by -11.7%.

06 Sep 2023