Bassanese Bites: June pause – May 22 2023
Concerns over US debt ceiling negotiations were the primary factor affecting global markets over the past week, with hopes that a deal is close generally helping to support stock prices. The S&P rose 1.6%, tentatively breaking above recent highs of 4,170 in late April and …
FNArena’s Weekly Insights – May 15 2023
In Weekly Insights this week: -US Recession Debate Is Tightening -FNArena Talks -Australian Banks; One Chart By Rudi Filapek-Vandyck, Editor FNArena US Recession Debate Is Tightening The Federal Reserve started lifting the Federal Funds Rate in March last year and, incredible but true, 14 months later the global financial world is …
Bassanese Bites: Wage test ahead – May 15 2023
Global markets Global equities pulled back a little further last week with the S&P 500 inching back 0.3% after a 0.8% fall the previous week. The S&P appears to be struggling to break through the previous early February high of 4,119 after having reached a recent …
FNArena’s Weekly Insights – May 08 2023
By Rudi Filapek-Vandyck, Editor All is not what it appears to be, in particular not in financial markets today. At face value, it seems US equities are well and truly on their way to wiping out last year's negative performance with the S&P500 gaining 7.7% and the …
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