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Home Markets Asian Midday Marketwatch

What sums up the markets now…Volatility!

Sandra Go by Sandra Go
02/09/2022
in Asian Midday Marketwatch, Markets
stock market
Share on FacebookShare on TwitterShare on LinkedinShare on WhatsApp

Jessica Amir, Market Strategist at Saxo Capital Markets shares insights on regional market performance as well as other key issues dominating investor conversations today. These include:

  • Nasdaq 100 and S&P 500 are down for a second day, and remains on notice with bond yields spiking and investors on edge for further hawkish Fed remarks and hikes
  • The volatility index rises to its highest level in 9 weeks, suggesting further volatility to come. And the fundamentals back this up with US yields spiking
  • Coal prices are back at record highs as Europe and Australia grapple with an energy crisis. The Oil price is at its highest level since July and Europe’s gas prices are at a record high. There is no letting up for consumers, whilst investors in energy stocks, are cheering
  • Key Australian economic data to watch, and which key stocks could move in response

Guest: Jessica Amir, Market Strategist, Saxo Capital Markets

Host: Brian Fernandez

Check out more Asian Midday Market Watch here.

Biztech’s Midday Market Watch is powered by ShareInvestor.

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