Category Archives: Today’s Analysis
Markets are Hesitant until the Fed’s Jackson Hole Speech
Written on August 25, 2022 at 1:24 am, by anakin
The US stocks little rallied on Wednesday, stock traders remained hesitant to make any huge wagers ahead of Jerome Powell’s speech on Friday, which may provide clues on how hawkish the Federal Reserve will be in the face of mounting economic challenges. In the run-up to the all-important Jackson Hole annual conference that will beContinue Reading
Fed will Continue to Tighten with a Slowing Economy
Written on August 24, 2022 at 1:13 am, by anakin
US stocks declined on Tuesday, as the markets are bracing for hawkish talk at the Jackson Hole event after recent comments from officials convinced many investors the Fed will continue to tighten even with a slowing economy. Apart from that, data Tuesday showed sales of new US homes fell for the sixth time this yearContinue Reading
The Fight Against Inflation is Far from Over, Fed Officials say
Written on August 23, 2022 at 1:11 am, by anakin
US stocks plunged on Monday, as the earnings season wrapped up and the threat of an economic recession still looming large amid warnings from Fed officials that the fight against inflation is far from over. That stance will likely be reinforced by Jerome Powell Friday at the prestigious event in Wyoming’s Grand Teton mountains, whichContinue Reading
US Fed’s Jackson Hole Symposium, US Data in Focus This Week
Written on August 22, 2022 at 2:45 am, by anakin
The US Federal Reserve’s 2022 Jackson Hole Symposium will be held in Cheyenne, Wyoming, from 25-27 August. Central bankers and economists from across the globe will attend the event. The meeting is one of the most anticipated events for economists and investors alike as it offers an opportunity for Fed officials to discuss their outlookContinue Reading
Markets Cautious with more Fed officials supporting rate hikes ahead of Jackson Hole Symposium
Written on August 22, 2022 at 1:30 am, by anakin
US stocks declined on Friday and snapped the longest weekly rally since November. Investors turned cautious and short-sellers resurfaced after Federal Reserve officials beat the drum on hiking rates. The pullback in equities this week follows a rally that has propelled the S&P500 from its mid-June nadir amid speculation that the Fed may scale backContinue Reading
Weekly Jobless Claims Fell, Strength Demand in Labour?
Written on August 19, 2022 at 1:50 am, by anakin
US stocks edged higher on Thursday, as mixed economic and earnings reports failed to spark a broad conviction trade. The weekly jobless claims data fell for the first time in three weeks, a sign of strength in demand for labour, while a gauge of manufacturing activity in the Philadelphia area unexpectedly expanded in August. Meantime,Continue Reading
The Fed’s Rate hikes to Control Inflation Weighed on the Market Sentiment
Written on August 18, 2022 at 1:42 am, by anakin
US stocks declined for the first time in four days as investors assessed the outlook for the path of interest-rate hikes after a minute of Federal Reserve’s last meeting noted officials saw risks from tightening more than necessary. Moreover, the stock market rallied on signs of peaking inflation and an earnings reporting season that sawContinue Reading
Sudden Pullback in Tech Shares, US Stocks Move Higher
Written on August 17, 2022 at 1:58 am, by anakin
US stocks advanced on Tuesday, and closed higher following a sudden pullback in tech shares, as investors assessed the latest round of upbeat earnings against a backdrop of growing concerns over slowing growth and rising borrowing costs. Moreover, reports Monday indicating a sharp drop in New York state manufacturing along with the longest streak ofContinue Reading
US Stocks Rallied for the Second Day
Written on August 16, 2022 at 1:35 am, by anakin
The US stocks rallied for the second day in a row, as investors digested weak data on New York manufacturing and the Chinese economy. The market is coming off a fourth straight weekly gain, the longest run this year, with sentiment buoyed by signs of slowing inflation pressures that stirred hopes of a shift byContinue Reading
Market Outlook – Interesting week ahead for Australia, New Zealand, and Canada
Written on August 15, 2022 at 4:11 am, by anakin
The economic data from Australia, New Zealand, and Canada will be interesting this week. The markets are looking forward to the release of Australia’s Employment Data on 18 August 2022, which will provide an insight into whether the country’s jobs market is in good shape. In addition, the Reserve Bank of New Zealand’s Rate StatementContinue Reading
