Home Posts tagged Century Financial (Page 5)

Century Financial

NEWS DESK

US Stocks Steady After Tech Selloff; Dollar Softens, Oil Firms, Gold Rebounds – Comments from Century Financial

US Markets  The SPX index slipped 0.8% yesterday, with tech and software companies bearing the brunt of a new AI tool announcement from Anthropic that threatened competitors. It is trading steadily around $6,920 in today’s session. Anthropic announced that it was adding new legal tools to its Cowork assistant, meant to help automate a number […]
NEWS DESK

Markets Brace for Earnings Week as Dollar Rebounds, Oil and Metals Extend Losses – Daily Market Comments from Century Financial

U.S. Markets The SPX index closed last week higher by 0.34% and is trading around $6,858 in today’s session. This week will be defined by key earnings, especially tech heavyweights Alphabet and Amazon. Focus will be on forward earnings and capex guidance. Pharmaceutical companies Pfizer, Novo Nordisk and Eli Lily will also report earnings this […]
NEWS DESK

US Stocks at Record Ahead of Fed; Dollar Pressured, Gold Extends Rally – Daily Market comments from Century Financial

US Markets  SPX is trading at $7,000 in the early Asian trading session today, at an all-time high, signalling bullish momentum even with a potential US government shutdown, fresh tariff threats toward Canada, and lingering disruption from a winter storm. The market has absorbed the news without much stress, suggesting confidence remains intact. Technology is […]
NEWS DESK

Markets Mixed Ahead of Fed: Equities Hold Near Highs, Dollar Pressured, Metals Surge : Comments from Vijay Valecha , CIO – Century Financial

US Markets  The SPX Index is up by about 0.355 today and is currently at $6,967. From a fundamental stance, the US market gained strength from the higher-than-expected Durable Goods Orders, which suggested strong consumption. Durable Goods Order MoM rose 5.3% in November against the 3.1% consensus. Consequently, the Dallas Fed Manufacturing Index improved from […]
NEWS DESK

Market Watch: What investors expect from the upcoming Fed meeting

Ahead of the upcoming US Federal Reserve meeting on 27–28 January, I’m sharing expert market commentary from three regional and global financial institutions on what to expect from the Fed and the potential implications for markets, interest rates, and investor sentiment.   Aliasgar Tambawala Co-CIO, Klay Group We do not expect any major policy developments […]
NEWS DESK

US Stocks Steady Ahead of Fed; Dollar Slides, Oil Holds, Gold and Silver Hit Records : Comments from Vijay Valecha , CIO – Century Financial

US Markets  US equity markets closed relatively flat on Friday, with the SPX index falling 0.04% and the NDX index rising 0.25%. Although both indices opened with a gap down on Monday, the Asian session erased losses, with the SPX trading 0.06% higher and the NDX trading 0.03% higher. The markets initially reacted to Trump’s […]
NEWS DESK

DFM and ADX Post Third Weekly Gain as UAE Markets Start Year Strong : Comments from Vijay Valecha , CIO – Century Financial

DFM General Index  Despite Friday’s wobble, Dubai’s benchmark DFM General Index delivered its third consecutive weekly gain. It ended the week at 6,484.38. On January 22, the index gained 1.5%, marking its largest gain since mid-July 2025. In fact, Dubai started the year on a solid footing, delivering a month-to-date gain of 7.2%. This week’s […]
NEWS DESK

Global Markets: US Stocks Extend Rebound; Dollar Firms, Oil Steadies, Gold Hits Record : Comments from Vijay Valecha , CIO – Century Financial

US Markets  US equity markets continued their reversal on Thursday, with the SPX index rising 0.34% and the NDX index rising 0.49% by close. Both indices are continuing their rise during Friday’s Asian session, rising 0.27% and 0.32%, respectively. The rebound was fueled by a series of upbeat macroeconomic data releases yesterday. US Q3 GDP […]
NEWS DESK

US Equities Rebound After Tariff U-Turn; Oil Gains, Gold Near Record Highs : Comments from Vijay Valecha , CIO – Century Financial

US Markets  The US equity markets witnessed a sharp rebound on Wednesday, with the SPX index jumping back above $6,900 intraday and closing 1.15% higher, while the NDX index closed 1.46% higher. Markets traded relatively flat during the Asian session on Thursday, with both indices trading just slightly higher. The recovery came after US President […]
NEWS DESK

Risk-Off Sweeps Markets: US Stocks Fall, Oil Firms, Gold at Record Highs : Comments from Vijay Valecha , CIO – Century Financial

US Markets  US equity markets witnessed a sharp selloff on Tuesday, with the SPX index closing 1.09% lower and briefly falling below the $6,800 level intraday, marking its worst day since mid-December. The NDX index followed suit, closing 0.97% lower. The decline appears to be limited during the Asian session on Wednesday, with both indices […]