SPX weekly chart Closing changes: S&P 500 +0.2% DJIA +0.3% Nasdaq Comp flat Russell 2000 +1.0% Toronto TSX Comp +1.2% Weekly: S&P 500 +2.5% DJIA +1.4% Nasdaq Comp +3.2% Russell 2000 +3.6% Toronto TSX Comp +3.5% There were some larger divergences with energy leading the way today behind a 2.0% rise in the XLE ETF.
Share: UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting review the latest interest rate decision by the BSP. Key Takeaways Bangko Sentral ng Pilipinas (BSP) extended a pause in its tightening cycle for the third straight meeting, as widely expected. It left the overnight reverse repurchase (RRP) rate untouched at
The S&P index is trading back in positive territory after giving up earlier gains of 25.88 points and moving into negative territory by -9.42 points. Technically, the low price from Friday stalled within a swing area between 4325 and 4338, and rebounded modestly into the close. In trading today, the price opened and moved higher
2023 growth seen at 2.44m bpd 2024 growth seen at 2.25m bpd OPEC output fell 836k bpd to 27.31m bpd in July after Saudi voluntary cut Sees prospects for healthy oil fundamentals in H2 OPEC’s data suggests 2 million barrel a day supply deficit WTI crude is down 58-cents to $83.83. OPEC’s demand assumptions for
US Dollar, Japanese Yen, USD/JPY, Bank of Japan – Talking Points: BOJ kept ultra-loose policy settings unchanged. JGB 10-year yield target and band maintained. What is the outlook for USD/JPY and what are the signposts to watch? Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast The Japanese yen dropped against the US