Sunday, August 26, 2018

Aug[4] - Market Updates

US:
S&P500 and NASDAQ closed at its all time high on last trading day. Strong economic data and company earnings have been supporting the bull trend well despite some worries on trade and geographical tension, yield flattening, etc. Jerome Powell strongly supported further rate hike on Sep FOMC. Market liquidity is slowly drained, so it would be interesting to see whether a new all time high could be formed for the index.

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