Some of the more intense selling pressure seen so far in 2022 took a break this morning. Indeed, though Wall Street opened with sharp declines, the major indexes rebounded through the afternoon and the USA100 managed a modest 0.05% gain. The USA500 was -0.14% lower at the end of the …Czytaj więcej
The upcoming earnings season could be a way to ease tensions in the coming weeks, given that the economy remains in a strong position, despite the challenges of the omicron uncertainty.
The ECB is one of the central banks still exerting temporary inflationary pressure. This week’s focus will be on …Czytaj więcej
‘A “very tight” job market and unabated inflation might require the Federal Reserve to raise interest rates sooner than expected and begin reducing its overall asset holdings as a second brake on the economy, US central bank policymakers said in their meeting last month.’ – Reuters
Stocks tanked, Yields spiked …Czytaj więcej
Fed Powell, Mester and George, along with a 3-year auction added to the action in the markets. This saw yields pick up, and equities retreat. Commodities also caught a boost and oil touched pre-Omicron highs in Asia.
Powell confirmed the shift to normalization and stressed the Fed will fight inflation …Czytaj więcej
Treasuries were hammered to kick off 2022 action as bond bears were in full control, making this the worst start to a year since 2009. Sentiment remains positive, as markets continue to buy into the recovery story. Apple breached the $3 trillion market capitalization mark and TESLA shares rallied …Czytaj więcej