Concerns of the rising bond yields! Cautious sentiment arises
22-02-2021 09:54
Market Outlook
ZFX: Bullish news again! Market sentiment was lifted
Review:
On Wednesday (April 8), market sentiment was lifted again due to the supportive news. Investors become active to move back into risky assets. Wall Street ’s three major indexes rose, of which the Dow and S&P 500 rose more than 3%.
The overall market trend is choppy, mostly dominated by the sentiment. The White House health advisor Fauci said on Wednesday that the US coronavirus outbreak situation should be improved next week, and President Trump also
09-04-2020 04:01
ZFX: Risk aversion returned due to the uncertainty from OPEC+
Review:
On Tuesday (April 7), risk appetite once dominated the financial market. However, investors worried about OPEC+ meeting this week regarding the production cut. The uncertainty triggered risk aversion, and the Wall Street's three major indexes fell from the top at Tuesday’s opening, which the Dow once rose more than 900 points. Eventually, the three major indexes all closed slightly lower.
Investors believe that the global pandemic has reached its peak. The
08-04-2020 03:33
ZFX: US stock market jumped over 7%! Signs of the pandemic slowing
Review:
On Monday (April 6), the market sentiment improved significantly, as the data shows that the trend of the pandemic in Europe and the US is slowing down, boosting the investor confidence. Risky assets were benefited due to the risk appetite, and the three Wall Street indexes all rose 7%.
At the beginning of Monday's opening, US President Trump said that seeing signs of the coronavirus outbreak in the United States has begun to level off. Market sentiment turned
07-04-2020 02:56
ZFX: Job market collapse? Growing fears over the coronavirus
Review:
Last Friday (April 3), the non-farm payroll in US was far worse than the market expectations, further confirming that the US job market has been severely hit by the global pandemic. The market sentiment once again became bearish. The three major Wall Street indexes all fell more than 1.5%.
Oil prices rebounded further, the financial market got a slight boost earlier on Friday. However, the global pandemic of new coronavirus has not been under controlled, and
06-04-2020 03:19
ZFX: Oil jump lifting the market sentiment
Review:
On Thursday (April 2), the employment figure released by the United States scared investors, but then a positive news from the oil market boosted market confidence. Investors is expecting a truce in the price war between Saudi Arabia and Russia. The three major Wall Street indexes were still up, which the Dow and S&P both gained more than 2%, under the fears of new coronavirus pandemic.
Investors closely monitored the initial jobless claim of US since last
03-04-2020 04:13
ZFX: A million! Coronavirus fears hit the markets again
Review:
On Wednesday (April 1), the three major Wall Street indexes plunged again, all fell more than 4%, even if the economic figures performed better than expected. Investors are worried that the coronavirus will keep the economy shut down longer than expected.
US President Trump has warned that the next two weeks will be "very painful" and the situation will worsen, calling on the public to be prepared. The White House recently predicted 100000 to 240000 deaths in
02-04-2020 03:59
ZFX: Uncertainty! Wall Street fails to make meaningful move
Review:
On Tuesday (March 31), investor sentiment became cautious again. With the bullish news, the three major Wall Street indexes all fell, which the Dow lost more than 400 points, closed 1.84% lower.
It is reported that the US government are drafting a new economic stimulus plan to deal with the impact of the US economy hit by the epidemic. “Bloomberg” quoted information that White House officials have drawn up a list of about $600 billion in accordance with the
01-04-2020 03:22
ZFX: Risk appetite restored? Good news seen by some investors
Review: On Monday (March 30), the financial market sentiment was lifted after some “good” news came out in the US session time. Investor confidence was stabilized, stimulating the three Wall Street indexes to rise, more than 3%. Trump said that the national social distancing guidelines will be extended to April 30, which lowered the market concerns about the epidemic causing long term damage to the economy.
In addition, Trump said he had a phone call with Russian President Putin to
31-03-2020 03:04
ZFX: Effects fade away! Sentiment took a hit
Review:
On Friday (March 27), risk appetite in the financial market has changed. After three days strong move, the three major Wall Street indexes all fell, of which the Dow fell more than 4%. However, throughout the week, the Dow rose 12.8%, the biggest weekly gain since 1938.
Even though the US House of Representatives passed the $2 trillion economic stimulus plan, it failed to further support the market sentiment.
ZFX analyst Jacob Leung said that recently
30-03-2020 04:47
ZFX: Massive 3-day rally! Good news boost the markets
Review:
On Thursday (March 26), financial markets continued to improve as the U.S. Senate finally passed a $2 trillion stimulus plan. The three major Wall Street indexes all rose sharply by more than 5%, the Dow regained the 22000 level and technically returned to the bull market (bounce back about 21% from the low, based on closing). Fed Chairman Powell's assurance that there will be no problems with unlimited QE, supporting the move.
Even though the initial claims
27-03-2020 04:48
