Category Archives: Today’s Analysis
Fed raise Rate by 75 bps
Written on September 22, 2022 at 12:54 am, by anakin
US stocks tumbled on Wednesday, suffering from heavy losses and extended their intra-day slide as traders were overwhelmed by the many headlines that followed the Federal Reserve decision. The American central bank hiked the benchmark rate by 75 bps to 3.25% as widely anticipated, meanwhile spurring volatility across the FX board and exerting bearish pressureContinue Reading
Market awaits Fed rate decision, expects another 75bps hike
Written on September 21, 2022 at 12:20 am, by anakin
US stocks declined on Tuesday, coming under bearish pressure and suffered daily losses as traders are bracing for a hawkish Federal Reserve that’s expected to boost rates to levels not seen since before the 2008 financial crisis. The US Federal Reserve will announce its monetary policy decision during the US trading session on Wednesday, whichContinue Reading
Market remains wait-and-see, US Stocks got pushed
Written on September 20, 2022 at 12:48 am, by anakin
US stocks staged a goodish rebound on Monday, regaining upside strength and pushed higher in the final hour of the US trading session as financial markets will likely remain in wait-and-see ahead of central banks’ decisions. Traders are geared for another super-sized US rate increase amid multiple central banks’ announcements scheduled for later in theContinue Reading
US stocks under bearish pressure, concern on Fed rate hikes
Written on September 19, 2022 at 12:00 am, by anakin
US stocks fell lower on Friday, remaining under bearish pressure and capped the worst week since the market hit its low for the year in June amid the growing concern over outsized Federal Reserve interest-rate hikes. On the economic data side, the University of Michigan’s (UoM) Consumer Confidence Index improved modestly higher to 59.5 butContinue Reading
US Retail Sales increased, Fed will keep tightening policy
Written on September 16, 2022 at 1:02 am, by anakin
US stocks declined on Thursday, coming under bearish pressure and fell in a choppy session after the latest batch of economic data did little to dial back expectations for the Federal Reserve’s aggressive hikes move. The US Retail Sales rose by 0.3% in August, which came in better than the market expectation for a no-changeContinue Reading
US annual PPI dropped to 8.7%
Written on September 15, 2022 at 1:16 am, by anakin
US stocks rebounded higher on Wednesday, regaining bullish momentum after swinging between gains and losses throughout the day amid the falling US Producer Price Index. The US annual PPI declines to 8.7% in August, which fell at a stronger pace than expected and showed that the supply chain headwinds are easing. The moderate figure hasContinue Reading
Inflation data boosted expectations for a 75 bps Fed rate hike
Written on September 14, 2022 at 12:58 am, by anakin
US stocks plunged on Tuesday, coming under heavy selling pressure and suffered from their biggest daily losses in more than two years following the release of US Consumer Price Index data. The US annual CPI inflation decelerated to 8.3% yearly in August but was slightly above markets’ estimates of a decline to 8.1%. Therefore, theContinue Reading
US Stocks rose as the Market viewed Inflation to be nearing its peak
Written on September 13, 2022 at 12:47 am, by anakin
US stocks advanced higher on Monday, preserving their bullish momentum and rose four straight days ahead of the key US consumer-price data. The speculations that inflation is near peaking have provided support to the equity markets, as the US CPI data is expected to show headline CPI cooled in August to an 8% a yearContinue Reading
US equities rose Friday, maintaining strong momentum
Written on September 12, 2022 at 12:05 am, by anakin
US stocks advanced higher on Friday, witnessing impressive daily gains and preserving its bullish momentum amid the risk-on market sentiment. The markets seem to have priced in a supersized 75 bps rate hike at the September FOMC meeting as the bets for an aggressive monetary tightening were reaffirmed by Fed Chair Jerome Powell, who saidContinue Reading
Powell reaffirmed Fed’s commitment to tackle inflation
Written on September 9, 2022 at 2:57 am, by anakin
Jerome Powell, the chairman of the Federal Reserve, reaffirmed the bank’s commitment to combating price increases and remaining upbeat until inflation returns to the Fed’s 2 percent objective on Thursday. Following Powell’s reiteration of the necessity of combating high inflation, the stock market ended a choppy session with solid gains. The Nasdaq increased by 0.6%Continue Reading
