February 18, 2022

Negativity crept into markets, to begin the new week, following the outstanding Non-Farm Payroll number released last Friday. The US added 517,000 new jobs, blowing

The US Non-Farm Payroll number blew away expectations, adding 517,000 for the month, striking fear into markets. The good news was treated with alarm by

The Fed raised rates 25 basis points, in line with expectations, and this was welcomed by markets. The ‘peak inflation’ narrative has been widely accepted

Markets were lower ahead of the FOMC rate decision due out shortly. The Fed is expected to raise rates 25 basis points, but it will

European GDP eked out the smallest of gains,  miraculously growing 0.1% for Q4, following the Q3 gain of 0.3%. These numbers are marginally just beating

European and US equity markets opened the week mostly lower, as attention is focused on Central Bank rate decisions. The Fed is set to lead

Markets closed out a week of gains on equity markets, spurred by the continued ‘peak inflation’ narrative and positive economic growth numbers. The latest data

A stronger than expected US GDP growth number, coming in at an annualised 2.9%, boosted equity markets in Europe and the USA. Positive growth in

European and US equity markets headed south, correcting the recent rises, perhaps glimpsing some coming economic reality. This was despite some positive economic data releases

Markets traded flat again overnight, with little action from Asia, as China celebrates the lunar New Year. Flash PMI data from Australia was weak ,