
Market Snapshot – Week ending May 10, 2024
With a light week for economic releases, concerns over the U.S. job market were in focus as weekly jobless claims

With a light week for economic releases, concerns over the U.S. job market were in focus as weekly jobless claims

As expected, the Federal Reserve kept the Fed Funds rate unchanged at this week’s FOMC meeting. Fed Chairman Powell stated

Economic data this week did not move as the Federal Reserve may have wished. The preliminary estimates for first quarter

The equity markets were down for the third week in a row on continued tensions in the Middle East andhawkish

Tensions in the Middle East and a stronger than expected Consumer Price Index (CPI) report put pressureon the markets this

The second quarter started off with positive news on the jobs front as the March non-farm payroll reportcame in with

Data in the last week of the quarter painted a bright picture of the U.S. economy. The Federal Reserve’s preferred

The Federal Reserve’s “dot-plot” was back in the news this week following the March FOMC meeting. While no ratecuts were

Economic data showed a slight pickup in inflationary pressures which may keep the Fed on pause at their FOMC meeting

The equity markets could not hold on to their recent rally and closed with a loss this week. Friday’s better