Hong Kong's foreign exchange reserves continue to fall as the authorities struggle to keep the HKD in the 7.75 - 7.85 range.
Despite its immense potential and outstanding performance over the past 30 years, India remains underrepresented in international portfolios.
The US bond yield curve continues to invert, and the market revises terminal rate upwards as Fed members speak out. Each week, the Syz investment team takes you through the last seven days in seven charts.
One theory puts forward the existence of a four-year stock market cycle linked to the term of office of the US President. The second part of the cycle is historically the most favourable for equity markets.
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Hong Kong's foreign exchange reserves continue to fall as the authorities struggle to keep the HKD in the 7.75 - 7.85 range.
Some positive signals on US equities although big tech is missing out on the rebound, The inversion of bond yield curves is becoming more pronounced while Fed hikes should start to slow down. Each week, the Syz investment team takes you through the last seven days in seven charts.
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The major US equities indices recorded gains during the week, with the S&P 500 Index finishing above the 4,000 level for the first time in two months. Favorable earnings reports in the retail and technology sectors as well as indications that the Fed is open to slowing its pace of rate hikes helped fuel the rally.
US equities gave back a portion of the previous week’s strong gains and closed modestly lower for the week. Growth stocks lagged value-oriented shares. The energy sector underperformed, however, as European oil and natural gas inventories reached near-peak levels. Dispelled reports of a Russian missile strike on Polish territory sparked a brief sell-off on Tuesday, but trading volumes remained muted for much of the week.
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The price of Ether (ETH) rebounded strongly in July. Renewed risk appetite certainly played a role, but some investors are looking positively at a major change in the way the blockchain Ethereum will operate, starting 19 September.
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