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14

Sep 2022
Inflation data boosted expectations for a 75 bps Fed rate hike

US stocks plunged on Tuesday, coming under heavy selling pressure and suffered from their biggest daily losses in more than two years following the release of US Consumer Price Index data. The US annual CPI inflation decelerated to 8.3% yearly …

13

Sep 2022
US Stocks rose as the Market viewed Inflation to be nearing its peak

US stocks advanced higher on Monday, preserving their bullish momentum and rose four straight days ahead of the key US consumer-price data. The speculations that inflation is near peaking have provided support to the equity markets, as the US CPI …

12

Sep 2022
US equities rose Friday, maintaining strong momentum

US stocks advanced higher on Friday, witnessing impressive daily gains and preserving its bullish momentum amid the risk-on market sentiment. The markets seem to have priced in a supersized 75 bps rate hike at the September FOMC meeting as the …

11

Sep 2022
Week Ahead: All Eyes on Inflationary Data from the US, UK and Australia

This week, investors will be eyeing inflationary data from the US, UK and Australia.  The US will release its Consumer Price Index (CPI), Producer Price Index, and Retail Sales data. The market will be watching closely after more neutral labour …

9

Sep 2022
Powell reaffirmed Fed’s commitment to tackle inflation

Jerome Powell, the chairman of the Federal Reserve, reaffirmed the bank’s commitment to combating price increases and remaining upbeat until inflation returns to the Fed’s 2 percent objective on Thursday. Following Powell’s reiteration of the necessity of combating high inflation, …

8

Sep 2022
Economic growth slowed, US stocks higher

US stocks advanced higher on Wednesday, climbing the most in about a month as the global bond market selloff takes a break. The equity market witnessed fresh upside strength after the release of the minutes from the Federal Reserve (Fed) …

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