There was a risk-on mentality on the global markets at the beginning of the new year, as demonstrated by soaring equities futures and record leaps in Asian stocks. Investors are negotiating a terrain that is characterized by optimism, but they are also exercising prudence with regard to the consequences of the first trading day. The Read More
Global markets headed into the final trading day of the year on a cautious note, with Dow futures slipping amid thin holiday liquidity, subdued volumes, and lingering unease after the Federal Reserve’s December minutes signaled caution on further rate cuts due to inflation risks, dampening hopes for a traditional Santa Claus rally. While Wall Street Read More
