While recent sessions have seen the S&P 500 and Nasdaq hitting record levels, the immediate outlook is shaped by high oil prices and the ongoing “higher-for-longer” interest rate narrative. This narrative is not going away, plus the supply chain disruptions, there are stories of food and petrol shortages coming soon. The S&P 500 is at […]
New all-time high in the S&P 500 Read More »
FTSE 100, S&P 500News that negotiations to end the Middle East conflict could resume in Pakistan within the next 48 hours has acted as a massive relief valve. WTI Crude has dipped toward $91, easing concerns over energy-driven inflation. The S&P 500 extended its rally, the FTSE 100 is about to follow. The earnings season is underway, BlackRock
Is the correction over? Read More »
Copper, FTSE 100, Inflation, S&P 500After a strong rally last week—driven by hopes of a ceasefire—investors are turning defensive following the collapse of peace talks between the U.S. and Iran. The subsequent confirmation of a naval blockade in the Strait of Hormuz has triggered a sharp rise in oil prices and renewed fears of supply chain disruptions. Last week rally
Stock markets reaching resistance levels Read More »
FTSE 100, S&P 500Following a surge of optimism regarding a ceasefire between the U.S. and Iran, the S&P 500 closed Thursday with solid gains. The FTSE 100 however was flat. All eyes are on the release of the Consumer Price Index (CPI). This is the primary driver for today’s price action as it dictates the Federal Reserve’s next
Stock market rally will run out of steam Read More »
FTSE 100, S&P 500Markets are reacting sharply to news of intensified conflict in the Middle East. Following statements from the U.S. administration regarding military actions in the Middle East, oil prices have surged (Brent crude rising over $4), which is putting immediate downward pressure on global equities. Trump declared that the core strategic objectives of Operation Epic Fury
Relief rally runs out of steam Read More »
FTSE 100, S&P 500