Category Archives: Today’s Analysis
War in Ukraine, Slowdown in China, and Potential of a US recession make Investors Nervous
Written on July 21, 2022 at 2:33 am, by anakin
US stock advanced on Wednesday, which is the first back-to-back gain in almost two weeks. Risk sentiment remains fragile, any upbeat surprises may lead to dramatic gains for markets amid investors’ expectations for potential disappointments. Tesla briefly jumped in extended trading after its earnings beat estimates. Besides the war in Ukraine, a slowdown in ChinaContinue Reading
Markets Focused on Central Banks’ Aggressive Monetary Tightening. ECB consider a 50 bps hike.
Written on July 20, 2022 at 2:30 am, by anakin
US stock rebounded on Tuesday, regained upside momentum and closed near session highs in its biggest one-day gain since June 24th as investors assessed the outlook for earnings. Any upside surprises may lead to impressive gains for equity markets amid investors’ expectations for potential disappointments ahead of the earnings report season. But the market focusContinue Reading
Apple and Alphabet to Slow Hiring for a Recession Concerns. European Investors worried about Russia’s Gas Supply.
Written on July 19, 2022 at 2:28 am, by anakin
US stock declined on Monday, failing to preserve its bullish momentum after Apple Inc.’s plans to slow hiring added to the market’s concerns that the Federal Reserve’s aggressively monetary tightening against higher inflation will result in a recession. Wall Street was unable to retain its early gains and turned red despite the US encouraging dataContinue Reading
A 75-bps Rate Hike still an Aggressive Boost for the Economy, Recession Concerns remain
Written on July 18, 2022 at 12:54 am, by anakin
US stock surged on Friday, rebounding back and recovering some of the ground it lost at the end of a dizzying week as investors reduced their bets on a bigger rate hike by the Fed in July. Federal Reserve Governor Christopher Waller and St. Louis Fed President Jim Bullard, who are the two most hawkishContinue Reading
The US dollar rose, supported by recession fears, reaching a 20-year high of over 109
Written on July 15, 2022 at 12:49 am, by anakin
US stock continued to stay in negative territory but closed above session lows as Federal Reserve officials’ comments have eased investors’ concerns about a recession caused by the aggressive pace of monetary tightening. Federal Reserve Governor Christopher Waller said that markets may have gotten ahead of themselves by pricing a 100 basis points rate hikeContinue Reading
Inflation climbed 9.1% in June, highest since 1981
Written on July 14, 2022 at 12:27 am, by anakin
US stock continued its slide on Wednesday amid the hot US inflation report, which weighed on financial markets and boosted speculation that the US Federal Reserve will tighten its monetary policy more aggressively. The US Consumer Price Index soared by 9.1% YoY in June, which was much worse than the 8.8% expected and also muchContinue Reading
Fed Rate hikes may pull the economy into a recession, ECB’s plans to boost interest rates dragged the Euro lower
Written on July 13, 2022 at 1:05 am, by anakin
US stock declined on Tuesday amid fears that aggressive rate hikes will drag the economy into a recession ahead of Wednesday’s critical inflation report. Slowing economic growth and soaring inflation continued to weigh on investors’ mood across financial markets, as economists said that inflation kept heating up in June and might force the Federal ReserveContinue Reading
Stocks fell as traders braced for a strong inflation report
Written on July 12, 2022 at 1:01 am, by anakin
Stocks slumped on Monday, with trades positioning for a high inflation reading and the start of a key earnings season that could provide clues as to whether the economy is heading for a recession. On the trade of the day, the dollar climbed, and a sell-off in mega-caps like Tesla Inc. and Apple Inc. weighedContinue Reading
Strong US job report eased recession fears
Written on July 11, 2022 at 12:16 am, by anakin
US stock closed flat on Friday after struggling for direction throughout the session as the strong US job report eased recession fears but further supported the case for a 75 bps rate hike by the Fed to fight inflation. Earlier in the North American session, the Nonfarm Payrolls report added 372K jobs to the economyContinue Reading
Wall Street hopes Fed can stick a soft economic landing, boosting US stocks Thursday
Written on July 8, 2022 at 2:49 am, by anakin
US stock rebounded through trade on Thursday, as Wall Street jumped on hopes Fed can stick the soft economic landing. Two of the Federal Reserve’s most hawkish policymakers pushed back against fears of a recession as monetary settings tighten. Governor Christopher Waller and St. Louis Fed President James Bullard supported the need for restrictive policyContinue Reading
