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Markets Today: A big week for earnings and central banks

From business.nab.com.au

The tech heavy NASDAQ led the gains in US equities again on Friday with the benchmark finishing the week with an impressive roll of four straight weekly gains. Mixed earnings by tech companies have seemingly been trumped by the prospect of an imminent Fed pose. December Core PCE printed in line with expectations but the yoy decline helped cement expectations for a downshift in Fed rate hike this week, UST yields were little changed while domestic yields were the big weekly movers. Quiet end to the week in FX, AUD is the week’s notable outperformer. The S&P 500 Index closed 0.25% higher on Friday, finishing the week ... (full story)

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  • Category: Fundamental Analysis