A truly systemic financial catastrophe will have been avoided at a relatively low cost, in terms of market devastation or inflation, if the Fed plan proves to be effective—with the bank instability largely limited and inflation declining.

Global Stock Markets:

  • The US stock market ended higher on Tuesday, with the Dow Jones Industrial Average gaining 0.6%, the S&P 500 rising 0.5%, and the Nasdaq Composite adding 0.3%.
  • Asian stocks were mostly lower on Wednesday, with Japan’s Nikkei 225 falling 0.8%, China’s Shanghai Composite dropping 0.4%, and Hong Kong’s Hang Seng Index down 0.2%.
  • European stocks opened mixed on Wednesday, with Germany’s DAX up 0.1%, France’s CAC 40 flat, and the UK’s FTSE 100 down 0.2%.


  • Oil prices were slightly lower on Wednesday, with Brent crude futures down 0.2% to $74.11 per barrel, while WTI crude futures slipped 0.3% to $70.38 per barrel.
  • Gold prices were trading higher on Wednesday, with spot gold up 0.3% to $1,744.50 per ounce.


  • The US dollar was trading slightly lower on Wednesday against major currencies, with the euro up 0.1% to $1.1767, the British pound up 0.2% to $1.3797, and the Japanese yen up 0.1% to 109.08 per dollar.
  • Cryptocurrencies were mixed, with Bitcoin trading slightly higher at $57,600, while Ethereum was down 1.2% to $1,785.

Economic News:

  • In the US, the Federal Reserve will release its latest monetary policy statement on Wednesday, with investors expecting to see the central bank’s latest projections for interest rates and inflation.
  • In Europe, the UK will release inflation data for February, which is expected to show a slight increase from the previous month.
  • In Asia, the Bank of Japan will release the minutes from its latest policy meeting, which may provide insights into the central bank’s thinking on monetary policy.

That’s it for today’s market briefing. As always, investors should be prepared for market volatility and be aware of potential risks associated with their investments.

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You May Also Like

Retail, banking and tourism sectors expected to gain from election outcome

The Thai stock market is likely to remain volatile in the short term as investors await more clarity on the formation of the new government and its policy implementation. However, in the long term, analysts expect that a stable and democratic government will be positive for the Thai economy and market sentiment.

Indonesia opens world’s first state-backed cryptocurrency trading system

Indonesia has launched the world’s first state-backed cryptocurrency bourse, aiming to strengthen the regulatory environment and develop a safe and fair crypto trading ecosystem.

Thailand to export 700,000 tonnes of durian to China

The Ministry of Agriculture and Cooperatives expects Thailand to export no less than 700,000 tonnes of fresh durian to China during this year’s fruit harvest season