Markets Weekly Outlook – ECB to Deliver 25 bps Rate Cut? Bank Earnings in Focus

S&P 500 Index under bearish pressure Likely to fall to support level 5200.00 S&P 500 Index is under the bearish pressure after the price broke below the key support level 5400.00, which reversed the price with two consecutive Bullish Engulfing reversal patterns at the end of July. The breakout of the support level 5400.00 coincided […]

Markets The barrage of central bank meetings in Sweden, Norway, the Czech Republic and the UK ended with a decision in the US. The Fed delivered the expected 25 bps cut to 4.5-4.75%. The new statement featured little changes compared to September and guidance for future decisions, if any, was limited. Chair Powell in the […]

Attractive growth opportunities in Asia will support currencies and yields despite a narrowing rate differential with the FOMC. With the US FOMC having started its rate easing cycle, central bankers across emerging markets (EMs) are also getting ready to adjust policy. At the end of this cycle, policy rates across the region are likely to […]