Daily Market Commentary 20th May 2022
European equity markets booked losses, following the rout on Wall Street, in the previous session. The ECB machinations were open for discussion, as inflation runs
European equity markets booked losses, following the rout on Wall Street, in the previous session. The ECB machinations were open for discussion, as inflation runs
Fear and panic spread across markets overnight, as recent consolidation, confirmed nothing more than a ‘dead cat bounce’. US equity markets were routed again overnight,
Global equity markets continued to consolidate, with share markets rallying across Asia, Europe and the USA. US Retail Sales came in stronger than expected, 8.2%
Markets continued to stabilise, following the rally in the US Friday, with little economic news to drive market direction. The situation in China, regarding COVID
Markets rebounded strongly Friday, to close out yet another week of extreme volatility and overall losses. The underlying market theme here is one of inflation,
US Equity markets continued to suffer heavy losses overnight, while the US Dollar rallied strongly, despite bond Yields falling. Currencies may be experiencing a flight
US inflation continued to surge, rising above the expected 8.1%, to 8.3%. This was below the top of 8.5% from March, but questions whether the
Global equities continued the very volatile and choppy trade that has dominated recent market action. US Bond Yields hit a sharp reversal, with the 10
Global equity markets continued to lose ground and commodity prices drifted lower, as fears of a global recession rise. This did not assist the commodity
US and European markets continued to haemorrhage, to close out a tumultuous week. The Federal Reserve raised interest rates by 50 basis points, with the
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