25 September 2023
Week in Review: Fed Holds Rates Steady
The Federal Reserve (Fed) paused its extended campaign against inflation this week, holding its benchmark interest rate steady and giving borrowers a breather after 11 hikes since March 2022.
17 September 2023
Week in Review: Data Dilemma
Crude oil surged above the $90 per barrel mark for the first time since November 2022. Concerns around supply shortfalls heading into the last quarter of 2023 saw the commodity catch a strong bid, at Friday’s close…
11 September 2023
MONTHLY MARKET OVERVIEW & COMMENTARY | AUGUST 2023
Global markets faced a challenging August, characterized by mixed economic data, a persistently hawkish Federal Reserve, rising sovereign bond yields and worries over renewed weakness in the Chinese real estate sector.
11 September 2023
Week in Review: China in the Spotlight
In a shortened holiday week, U.S. stock markets closed with losses primarily due to an upward shift in the interest rate outlook, driven by positive economic signals.
4 September 2023
Week in Review: U.S. unemployment rate hits 17-month high
An increase in the number of job seekers caused the U.S. unemployment rate to rise in August, climbing from 3.5% to 3.8%.