Aviso Weekly Market Monitor: January 22nd – January 26th

Jan 29, 2024

Market developments

Equities:
The S&P 500 notched a third consecutive weekly gain despite a slowdown in momentum. Traders are closely watching the upcoming labour market figures, with economists forecasting a rise in U.S. payrolls for January. Additionally, results from mega caps like Apple, Microsoft, and Alphabet are expected next week and will play a crucial role in shaping market sentiment. The ongoing fourth-quarter earnings season will be a key factor in determining the market’s direction in 2024.

Fixed income:
Mixed economic data has kept Treasuries under pressure on Wall Street, with traders betting the Federal Reserve will signal patience before considering rate cuts in 2024. Shorter maturities led bond losses as personal spending exceeded estimates, while underlying inflation slowed. Investors, though still anticipate a rate cut in Q1, and are fully pricing in a cut in May.

Commodities:
Oil closed higher for the largest weekly gain since September. Factors such as lower U.S. stockpiles and the prospect of more government stimulus in China have propelled crude oil out of its recent stagnant range.

Read more…

Recent Posts

Aviso Weekly Market Monitor: February 19th – February 23rd

Market developments Equities: The equity markets reached new all-time highs this week, with the S&P 500 and NASDAQ indices climbing by 1.66% and 1.40% respectively, marking a continued upward trajectory in investor sentiment and market performance. This positive...

NEI Monthly Market Insights: January 2024

Markets staged a remarkable November rally Following the “almost everything rally” that characterised the final few months of 2023, performance across asset classes was mixed in January. In the U.S., the S&P 500 Index was propelled to record highs as optimism...

Aviso Weekly Market Monitor: February 12th – February 16th

Market developments Equities: This week, the S&P 500 experienced a slight decline, closing at 5,005.57, a drop of 0.42%. Despite a run-up to the CPI report, equity markets showed restraint, with the S&P 500 wavering around the 5,000 level amidst mixed signals...

Aviso Weekly Market Monitor: February 5th – February 9th

Market developments Equities: The S&P 500 reached a record high, heading towards its fifth consecutive week of gains, driven by optimism around a soft landing and excitement over artificial intelligence. Technology stocks led the surge, with the Nasdaq 100 rising...

Active vs. Passive Investing: Which strategy is right for you?

Investing can be confusing, especially when it comes to choosing the right strategy. Many investors fall into two categories: active and passive. But what do those terms actually mean? Active investing aims to outperform the market and beat the competition by making...

Aviso Weekly Market Monitor: January 29th – February 2nd

Market developments Equities: The stock market extended gains, reaching all-time highs with the S&P 500 above 4,950 and the Nasdaq up 1.5%. Positive outlooks from Meta Platforms Inc. and Amazon.com Inc. contributed to the rally. Economic optimism overshadowed...