Daily Market Commentary 16th August 2022
The ‘Bear Market Rally’ continues in US equities, while the US Dollar also gains ground. US share markets continue to trade strongly, banking on recent
The ‘Bear Market Rally’ continues in US equities, while the US Dollar also gains ground. US share markets continue to trade strongly, banking on recent
US Share markets continued the strong rally, which began in June, this time fuelled by better than expected inflation data. Is this a full fledged
Inflation dominated European and US markets overnight. Following the better than expected US CPI number (8.5%), PPI actually contracted (0.5%) for July, which was better
US inflation missed expectations, falling to 8.5%, sending equity markets into heaven and the US Dollar lower. US CPI had hit a record 9.1% last
Markets await key inflation data, set to be released tonight, from Germany and the USA. Inflation in both jurisdictions is expected to show a decline
Markets traded the huge, blow-out Non-Farm Payrolls report, to open the new week. It was a stellar number and doubled expectations, which is a positive
The all important Non-Farm Payroll number blew away expectation of around 250,000, adding 528,000 jobs, for the month! An extraordinary blowout confirming the labour market
The Bank of England raised rates overnight by 50 basis points, the most since 1995, in an effort to arrest runaway inflation. Inflation is running
US equity markets bounced back overnight, wiping out the previous session losses. Markets have been very nervous, following the US House Speaker Pelosi’s visit to
Markets turned sharply negative overnight, following the visit of US House Speaker Pelosi to Taiwan, against the explicit warnings of China. Political tensions are moving
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