MeritKapital News

U.S. President Joe Biden’s statement on the mild initial sanctions to be imposed on Russia saw a mixed market performance. However, officials have cautioned that these could be scaled up. Consequently, Nasdaq 100 futures rose 0.7% to close at 13,928 while S & P 500 futures rose 0.5% to close at 4,310. The yield on…

The escalation in the Russia/ Ukraine crisis sent stock prices down making oil prices rise. S&P 500 futures fell 1.6% and Nasdaq 100 futures fell 2.2% from Friday’s close while WTI crude rose 4% to $94.67 a barrel. The scramble for haven assets resurfaced as the yield on 10-year Treasuries dropped six basis points to…

US equities finished lower on Friday with Dow Jones losing 0.7%, the S&P 500 declining by 0.7% and Nasdaq dropping by 1.2%. Geopolitical concerns over potential attack of Russia on Ukraine remained the main negative force driving equities lower for a second-straight week. The tightening expectations of global monetary policies added to the negative sentiment…

Asset havens such as gold and fixed income dropped while U.S. stock futures rose as planned meeting between the US & Russian governments toned down some investor concerns over geopolitical risks. The likelihood of a meeting shifted the focus of investors away from safer investments, sending 10-year Treasury yields up by 2 basis points to…

U.S. Treasuries yield dropped; equities futures declined as traders continue to seek for save haven assets over Russia/ Ukraine crises. WTI Crude oil prices declined by 1.30% to $92.47 per barrel as S&P 500 futures and Nasdaq 100 fell by 0.3% and 0.1% respectively. The 10-year US Bond yield fell below 2% and gold prices…

US Equities rose as traders hoped for a possibility of decreasing tensions over Ukraine. Oil was above $92 a barrel as traders evaluated the potential disruptions in supplies. US Equities and Bonds Traders remain on the edge about risks bordering Russia/ Ukraine tensions. Focus today will be on latest FED minutes. This may shape views…

US Fixed income yields remained higher as a flight-to-safety interest that had overshadowed the market late last week eased and concern over Russia/Ukraine crisis moderated. Yields went on to pull back from early session highs after Russia’s Foreign Minister Sergei Lavrov statement to resume dialogue with the US and its allies. Two-year US fixed income…

The Russia/Ukraine crises continue to create uncertainties in markets as oil prices trended upwards. This borders around sanctions that may be imposed on Russia by US and its allies if all diplomatic avenues to address the issue fails. Prices of US Equities and stocks in other parts of the world continued southward, however there was…

US Fixed income and & Equities were hit by the rise in the US inflation figures that came out yesterday. The startling inflation rate from 7.00% to a 40 year high of 7.50% versus the expected increase from 7.00% to 7.30% may trigger the US FED to hasten its hawkish stance as St. louis FED…

Fixed income yields dropped, and US Stocks fluctuated as traders waited for the inflation figures which may give direction on how hawkish the US FED will be in their monetary policy stance. The S&P 500 futures fell 0.1% while the Nasdaq 100 shed 0.2%. Equities futures across Europe and Asia made moderate gains. The yield…