Category Archives: Today’s Analysis
With a slowdown in Inflation, will Fed Ease Monetary Policy?
Written on August 15, 2022 at 1:25 am, by anakin
US stock rallied on Friday, with investors assessing whether an inflation slowdown could soon make the Federal Reserve reduce the pace of its most-aggressive tightening campaign in decades and prevent a hard landing. The next few weeks will be crucial in determining the sustainability of the rally. As the earnings season is almost over, economicContinue Reading
US Producer Prices Index fell unexpectedly, Reflecting a Drop in Energy Costs.
Written on August 12, 2022 at 1:35 am, by anakin
US stocks slid on Thursday and erased gains on speculation the rally that followed softer inflation data went too far, with Federal Reserve still setting monetary policy tight. A key measure of US producer prices unexpectedly fell for the first time in more than two years, mainly reflecting a drop in energy costs. A similarContinue Reading
Consumer prices rose 8.5% in July, less than expected as inflation eased.
Written on August 11, 2022 at 2:12 am, by anakin
US stocks surged on Wednesday, as the release of softer-than-expected inflation data bets the Federal Reserve could pivot to a smaller pace of hikes, while some market watchers take a grain of salt on the view and thought officials may still be a long way from their goal, 2% in the price increase. The JulyContinue Reading
Markets await Wednesday’s Inflation reading. Still high but anticipated to cool down.
Written on August 10, 2022 at 2:15 am, by anakin
Stocks retreated on Tuesday, as a downbeat outlook from a giant chipmaker, Micron, added to recession fears. Investors were unwilling to make any risky moves before Wednesday’s pivotal inflation reading, which is forecasted to cool a bit while remaining at high levels. The report will come on the heels of recent jobs figures underscoring slidContinue Reading
Earnings Downgraded due to Rising Interest rate Risks and Slowing Growth
Written on August 9, 2022 at 1:17 am, by anakin
US stock declined on Monday and failed to hold onto gains. S&P500 erased a rally that reached 1% earlier in the day, while the Nasdaq 100 underperformed after an advance that briefly drove the tech 20% above its June low. Nvidia tumbled almost 6.5% with a release of a gloomy forecast. Mounting risks of moreContinue Reading
Inflation Watch: Will This Week’s Data Shed Light On Inflation?
Written on August 8, 2022 at 3:20 am, by anakin
In the week ahead, inflation-related data will dominate the headlines. The Consumer Price Index (CPI) and Producer Price Index (PPI) data from the United States and Gross Domestic Product (GDP) data from the UK are expected to provide further clues on the durability of inflation pressures in both countries. In June of 2022, consumer pricesContinue Reading
Strong job report, Fed to raise rates
Written on August 8, 2022 at 12:31 am, by anakin
US stock notched a weekly gain on Friday, as a release of an unexpectedly strong jobs report, which alleviated recession fears but cleared the path for the Federal Reserve to raise interest rates in a more hawkish way at its next meeting. The report validated the Fed’s view of a resilient economy that can withstandContinue Reading
Special Gold Coverage: Will XAU/USD Goes above $1,800? NFP is the key
Written on August 5, 2022 at 8:10 am, by anakin
The price of gold has reached a monthly high and is currently trading just below the $1,800 level. This comes as bulls take a breather following the recent increase in price and in anticipation of the all-important US Nonfarm Payrolls report. The markets witnessed a temporary safe haven bid in the US dollar in theContinue Reading
All Eyes on the US Jobs Reports, Concerns on Inverted Yield Curve.
Written on August 5, 2022 at 2:16 am, by anakin
US stocks wavered on Thursday as traders parsed various corporate earnings against a backdrop of aggressive interest-rate hikes by global central banks. The US yield curve continued to be inverted as recession fears persisted. The S&P 500 ended the session little changed after fluctuating throughout the day. The Nasdaq 100 closed up higher for theContinue Reading
US Stocks Rally, Spurred By Earnings and Fed
Written on August 4, 2022 at 2:00 am, by anakin
US stock rallied on Wednesday, snapping a two-day loss since the beginning of this week, as earnings buoyed the market mood. Investors could clear their concerns about earnings disaster after 70% through the season, as more cheering data like a solid report from Moderna.Inc and Paypal Holding Inc. released. However, Jerome Powell signalled that theContinue Reading
