Morning Call 27/10/2022 - Be cautious at the time when the domestic market is out of phase, more prosperity from the world market
27/10/2022

Summary

Global stocks continue to increase. US stocks edged higher on Thursday despite disappointing business data from big tech. The Bank of Canada raised the target for its overnight rate by 50bps to 3.75% in October, less than expectations of a more aggressive 75bps increase.

Domestic stocks dropped slightly, liquidity dropped to low level again. The dollar index (DXY) weakened below the 110 mark, a level not seen in five weeks.

 

  • Domestic and international news
  • The dollar cools down
  • Technical view and recommendations
Category
Daily
Author
SSV
Details

Page: 11

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