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Janne Muta
Chief Market AnalystJune 7, 2023Regional banks recover
Major US indices gained modestly yesterday with S&P 500 (0.33%) and Nasdaq Composite (0.36%) reaching fresh closing highs for the year. Financial stocks led the market, with regional banks re...
Janne Muta
Chief Market AnalystJune 6, 2023RBA hikes as wages rise
The Reserve Bank of Australia (RBA) surprised the markets with a 25 basis points hike. The central bank acknowledges that while inflation has peaked, it still remains at elevated levels. The ...
Janne Muta
Chief Market AnalystJune 2, 2023NFP +339K beats analyst consensus prediction
Today's NFP report (+339K) delivered excellent news, surpassing analysts' expectations and signalling strong growth in the labour market. Contrary to predictions of 193K new jobs created in M...
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