Daily Market Commentary 19th August 2022
US equity markets interrupted the recovery rally and the US Dollar gained ground, with a lull in major data announcements. European inflation hit an all
US equity markets interrupted the recovery rally and the US Dollar gained ground, with a lull in major data announcements. European inflation hit an all
Inflation in the UK has exploded, breaking above 10.1%, for the first time in more than 40 years. The CPI number was blown out of
US share markets continued to rally strongly, inspired by some strong earning numbers, released by Retail giants Walmart and Home Depot. The retail sector was
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
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