Indices

The index is under pressure after the Bank of England accelerated the pace of tightening on Thursday, in response to the latest hot inflation report

The GER30 has moved into its bullish channel.

The PBoC lowered a key short term policy rate in order the help the country’s economic recovery, following a series of disappointing economic data, while the CHN50 finds some support

The SPX500 is trading more than 20% from its October low. It is generally considered that a 20% increase off a recent low suggests a bull market, whilst a 20% decline connotes a bear market. This definition may be considered loose, and filters need to be applied so that whipsaws do not continuously swing it between bull and bear market. E.g., typically, another 10% move in the opposite direction is…

The NAS100 is a growth index and is generally sensitive to interest rates. There are concerns that the Federal Reserve will keep borrowing costs higher for longer and this is currently impacting the index.

The index finds supprort after dovish comments from Fed officials and successful passage of the debt ceiling agreement by the House, with focus now shifting to the Senate vote and the critical Jobs Report

The weekly NAS100 has charted a series of higher troughs followed by higher peaks. This puts the index into an uptrend.

The US2000 tracks the performance of 2,000 small-cap US stocks. It is generally a more volatile index, as smaller companies have more limited access to financial resources than big companies. Many view the US2000 as a barometer of the US economy, due to its sensitivity to macroeconomics. Thus, its underperformance is worrisome.

The chip designer’s stock surged on Thursday, after the quarterly results showed strong demand for its Artificial Intelligence-related products, lifting the tech sector, despite debt ceiling uncertainty and hawkish repricing around the Fed

Headline Inflation decelerated sharply in April as Wednesday’s data showed, but remains elevated and the core surged, keeping pressure on the Bank of England for more monetary tightening and harming the UK index

Some of last week’s optimism around the outcome of the debt ceiling negotiations has faded, as latest rhetoric seems to be less conciliatory, with the June estimated deadline looming