Aviso Weekly Market Pulse: December 4th – December 8th

Dec 11, 2023

Market developments

Equities:
The global equity markets showed a positive trend this week, with major indices such as the S&P 500 and Nasdaq 100 recording gains. The S&P 500 rose by 0.2%, while the Nasdaq 100 increased by 0.7%. This upward movement reflects growing investor confidence, bolstered by the expectation of inflation easing and a stable economic environment. Despite these optimistic trends, the market continues to navigate through a mix of economic data and varied forecasts for corporate earnings in the upcoming year.

Fixed income:
In the fixed income sector, the focus remained on the anticipation of future central bank policies, especially regarding interest rate movements in the coming year. Investors are closely watching the economic indicators and central bank statements to gauge the likelihood and timing of rate cuts. This heightened attention on macroeconomic trends and policy shifts underscores the current market sensitivity to monetary policy changes and their potential impact on fixed income investments.

Commodities:
The oil sector was volatile, with WTI crude futures fluctuating throughout the week. Prices ultimately settled around $71 a barrel, influenced by global market dynamics and OPEC+ discussions. Despite some recovery in oil prices, concerns about a global surplus continue to exert downward pressure. The market is also keeping an eye on the U.S.’s actions to refill its Strategic Petroleum Reserve, which has implications for future oil supply and pricing.

Read more…

Recent Posts

Aviso Weekly Market Pulse: June 10th – June 14th

Market developments Equities: France's CAC 40 index was down around 2.6% on Friday, on pace for its largest weekly drop since March 2022, weighing on the broader Stoxx 50 index. The sell-off in French stocks is driven by concerns over the upcoming snap election, where...

Buying with friends or family may let you buy a home sooner

If you don’t have a partner to buy a home with, can you still do it? We explore alternative ownership arrangements. In this article: Homebuyer purchasing preferences Potential pitfalls and benefits of co-ownership Before you buy Ways to save for a downpayment A recent...

Aviso Weekly Market Pulse: June 3rd – June 7th

Market developments Equities: U.S. stocks held near all-time highs, after chipmakers came off session lows following a stronger-than-expected jobs report. The very strong payrolls report should be seen as net positive for equity markets, although the upside to wages...

Aviso Weekly Market Pulse: May 27th – May 31st

Market developments Equities: Technology stocks tumbled, dragging down the broader market and trimming the monthly rally fueled by hopes of Fed rate cuts. As inflation cools, interest rate cuts could provide a tailwind for growth-oriented tech stocks by boosting cash...

Should you wait for your dream home?

With a surge in home prices and mortgage rates, saving for a down payment seems to be an uphill battle, and owning a detached home might feel far out of reach. A recent Leger survey commissioned by Aviso revealed that two-thirds of Canadian home buyers, regardless of...

Aviso Weekly Market Pulse: May 20th – May 24th

Market developments Equities: U.S. stocks climbed after data showed consumers tempered their inflation expectations in late May. The S&P 500 had its fifth straight week of gains, the longest bullish streak since February. It topped 5,300 and the Nasdaq 100 rose...