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Biden McCarthy Could Not Agree!

Biden McCarthy Could Not Agree!

In this insightful video, Clifford Bennett, Chief Economist at ACY Securities, discusses the current state of the stock, bond, and currency markets amidst a significant historical moment, including the ongoing Debt Ceiling debate.
ACY Securities | 1109 일 전
Rotation Into Japanese Stocks

Rotation Into Japanese Stocks

Is Japan looking toppy? Rotation into Japanese Stocks. Earlier this week, the TOPIX index reached its highest level since August 1990, while the Nikkei surpassed the 30,000 marks for the first time since September 2021.
ACY Securities | 1109 일 전
Even With Agreement Is It Now Too Late?

Even With Agreement Is It Now Too Late?

The news on the debt ceiling discussions appeared hopeful on the day. The big meeting, between McCarthy and President Biden is currently underway. In the next few hours, during Asian trading, there is likely to be significant breakthrough news.
ACY Securities | 1109 일 전
BoE officials to testify on interest rate outlook

BoE officials to testify on interest rate outlook

Mixed Asian markets on economic uncertainty. US debt ceiling talks ongoing. Fed policymakers divided on interest rates. UK's April deficit at £24.7bn. May PMIs to gauge economic strength. BoE officials testify on rate hike decision. UK inflation data awaited. US Treasury and UK gilt yields rise. Sterling dips ahead of BoE comments.
Moneta Markets | 1110 일 전
The Trading Week Ahead with Luca Santos

The Trading Week Ahead with Luca Santos

In this highly anticipated video, Technical Market Analyst Luca Santos provides his expert insights for the trading week ahead. Santos kicks off by discussing the upcoming economic news releases scheduled for the week. He recognizes that the current market climate is characterized by volatility and fear due to the uncertainty surrounding the debt ceiling issue.
ACY Securities | 1110 일 전
US Dollar, Stocks Dip; Euro, Sterling, Aussie Climb

US Dollar, Stocks Dip; Euro, Sterling, Aussie Climb

The Dollar Index (USD/DXY), a popular gauge which measures the value of the Greenback against a basket of 6 major currencies, eased 0.3% to 102.80 from Friday’s 103.20 open. Overnight, the Dollar Index soared to a high at 103.62 before slipping at the close of trade in New York.
ACY Securities | 1110 일 전
USD Keep the Strength Through This Week Ahead

USD Keep the Strength Through This Week Ahead

The yen has experienced a slight strengthening correction, although it remains significantly weaker. This weakness can be attributed not only to the strength of the US dollar but also to the market's ongoing delay in anticipating any changes to the monetary stance of the Bank of Japan (BoJ).
ACY Securities | 1110 일 전