fbpx

Beware of fraudulent websites impersonating us. Verify website URLs and legal entity details. Avoid unsolicited emails and report suspicious activity.
Your safety is paramount. Thank you for your attention and cooperation. See more details​

27th October 2022 Market Updates

FPG Fortune Prime Global Overnight headlines 

Overnight headlines

A 10 basis point decline brought the yield on the US 10-year note to 4.000%.

In the S&P 500 industry groupings on Wall Street, five of the 11 decreased, with communication services leading the way with a decrease of 4.8%. 2 percent was lost by the NYSE Fang + Index. To reach 27,31, the VIX fell more than 4%.

There were other issues as well besides technology. After reporting a larger-than-expected quarterly loss, Boeing saw an 8.8% decline.

UK Prime Minister Rishi Sunak, delayed the announcement of a keenly awaited plan for repairing the country’s public finances until November 17. The decision to delay the UK Treasury’s economic statement may save as much as £15 billion and spare the public services deep spending cuts, a prominent economist said.

 

Market movements

  • AUD increased by 1.6% to 64.94 US cents
  • Bitcoin increased by 3.1% to $US20,756
  • The Dow was unchanged on Wall Street, and-0.7%, S&P,-2% Nasdaq
  • Stoxx 50 +0.6% CAC +0.4% and FTSE +0.6% DAX +1.1%
  • Spot gold increased by 0.7% to US$1665.47/oz
  • Brent crude increased by 2.3% to US$95.68/barrel
  • Iron ore decreased by 1.9% to US$87.80/ton
  • The 10-year yield was US$4.00%. Germany 2.11% Australia 3.91%

 

Today’s agenda

Local: Trade figures during the third quarter

Overseas data: Chinese industrial profits in September; ECB policy decision; US durable goods orders in September; third-quarter GDP annualised; third-quarter October Core PCE and Kansas City Fed index

FPG LIVE SUPPORT

Welcome to FortunePrime Live Support.
Please select how you would like to be contacted.

FPG Live Support

Welcome to FortunePrime Live Support.
Please select how you would like to be contacted.

FPG Live Support

Welcome to FortunePrime Live Support.
Please select how you would like to be contacted.

WeChat: FPG_01

Please add the WeChat FPG_01, or scan the QR code.

WeChat: FPG_01

Please add the WeChat FPG_01, or scan the QR code.