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Recent Posts by anakin
Daily Market Analysis Market Focus US equities slightly edged to the downside amid continuously rising US Treasury yields, hit as high as 1.36%. Soaring yields could derail the ongoing economic recovery by rising borrowing cost and depressing price. The S&P 500 Index fell 0.1% with materials and industrial stocks leading the gain whilst utilities sufferedContinue Reading
Written on February 22, 2021 at 7:59 am
Categories: quotations analysis
Daily Position Report Market Focus US stocks and bonds pared losses amid lingering concern rising borrowing costs could cap a rally that’s driven equity values to historic highs. The tech-heavy Nasdaq 100 trimmed its loss by more than half to 0.6%. The energy and technology sectors weighed on the SP 500, while utilities were inContinue Reading
Written on February 19, 2021 at 4:02 am
Categories: quotations analysis
Daily Position Report Market Focus US equity market dropped on a second day amid rising long term treasury yield, the US 10-year treasury yield hit as high as 1.33% prior to some pullbacks. Technology stocks lead the decline, with the Nasdaq Composite Index retreated 0.54% from high. Meanwhile, energy stocks like Devon Energy Corp. andContinue Reading
Written on February 18, 2021 at 5:13 am
Categories: quotations analysis
Daily Market Analysis Market Focus US bond yields surged to the highest in a year, while American stocks climbed to records as optimism over the economic recovery continued to ripple through markets. The yield on the benchmark 10-year Treasury note increased as much as nine basis points to 1.30%, the highest since Feb 2020. GlobalContinue Reading
Written on February 17, 2021 at 1:59 am
Categories: quotations analysis
Daily Market Analysis Market Focus Global stocks and US equity futures rallied as investors took comfort in progress on the Covid-19 vaccine rollout, while freezing temperatures in Texas and across the American South roiled energy markets. The dollar weakened, and US and Canadian stock markets were closed for national holidays. The FTSE 100 Index finishedContinue Reading
Written on February 16, 2021 at 3:25 am
Categories: quotations analysis
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