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March 10, 2023 - US Market

March 10, 2023 - US Market

Shortly after the jobs report was released, interest rates in the New York bond market fell sharply and the dollar fell as well. The probability of a 50-basis-point hike in March fell to the low 30s on the Chicago Mercantile Exchange (CME) FedWatch market. Stock index futures, which had been
EJ Elena Shin 10 Mar 2023
March 9, 2023 - US Market

March 9, 2023 - US Market

Today’s US market Employment data was released this morning. Investors were on high alert for hints on February employment. By midday, both bonds and stocks were holding firm, but by the afternoon session, stocks began to falter. The problem wasn't the employment data. Bank stocks, especially regional
EJ Elena Shin 09 Mar 2023
Global Markets Recap - Week of Feb 27, 2023

Global Markets Recap - Week of Feb 27, 2023

1. What Moved the Markets? Europe European stock markets saw gains as concerns over interest rates were overshadowed by signs of improving economic conditions. The pan-European STOXX Europe 600 Index rose 1.43%, while major indexes such as Germany’s DAX Index climbed 2.42%, France’s CAC 40 Index
EJ Elena Shin 04 Mar 2023

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Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views, investment strategies, or positions of any current or former employer. This content is for informational and educational purposes only and should not be construed as investment advice, a recommendation, or an offer to buy or sell any securities. Readers should conduct their own research and consult with qualified professionals before making any investment decisions.