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Week in Review

  • US’ Federal Reserve set to discuss tapering timeline this week during Federal Open Market Committee (FOMC) meeting.
  • Global stock markets continue trending on the defensive, Dow Jones Industrial Index closing in the red three weeks consecutively. Nasdaq weighted down by high bond yield and USD funding costs.
  • US federal agencies discuss launching a formal review process towards…

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Zerocap is much more than an investment platform. We’re developing asset management products to power a new…

Week in Review

Week in Review

Week in Review

  • Markets edged higher in anticipation of the Jackson Hole meeting. S&P 500 and Nasdaq continued to burst records while Dow Jones’ Index aims its top from Aug. 16.
  • Jackson Hole: Fed chair Jerome Powell confirmed tapering will start in 2021 if the economy continues to grow; the process will be gradual with the central bank in no…


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Week in Review

  • US markets close higher after volatile week, but still register volatility as tapering measures loom closer and half a trillion dollars gets wiped off Chinese markets.
  • Fed’s annual Jackson Hole symposium has moved to a virtual setting due to Covid concerns, set to discuss tapering plans. …

Week in Review

  • July’s CPI hits 5.4% growth, matching the largest jump since 2008. The S&P 500 and Dow Jones’ Index close with a fourth consecutive record.
  • Reuters poll and Dallas Fed President claim tapering announcement set to September.
  • The US Senate passed the $1.2 trillion bipartisan infrastructure bill with unclear tax regulations on cryptocurrency which potentially has users, node…


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