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23

Aug 2022
The Fight Against Inflation is Far from Over, Fed Officials say

US stocks plunged on Monday, as the earnings season wrapped up and the threat of an economic recession still looming large amid warnings from Fed officials that the fight against inflation is far from over. That stance will likely be …

22

Aug 2022
US Fed’s Jackson Hole Symposium, US Data in Focus This Week

The US Federal Reserve’s 2022 Jackson Hole Symposium will be held in Cheyenne, Wyoming, from 25-27 August. Central bankers and economists from across the globe will attend the event.  The meeting is one of the most anticipated events for economists …

22

Aug 2022
Markets Cautious with more Fed officials supporting rate hikes ahead of Jackson Hole Symposium

US stocks declined on Friday and snapped the longest weekly rally since November. Investors turned cautious and short-sellers resurfaced after Federal Reserve officials beat the drum on hiking rates. The pullback in equities this week follows a rally that has …

19

Aug 2022
Weekly Jobless Claims Fell, Strength Demand in Labour?

US stocks edged higher on Thursday, as mixed economic and earnings reports failed to spark a broad conviction trade.  The weekly jobless claims data fell for the first time in three weeks, a sign of strength in demand for labour, …

18

Aug 2022
The Fed’s Rate hikes to Control Inflation Weighed on the Market Sentiment

US stocks declined for the first time in four days as investors assessed the outlook for the path of interest-rate hikes after a minute of Federal Reserve’s last meeting noted officials saw risks from tightening more than necessary. Moreover, the …

17

Aug 2022
Sudden Pullback in Tech Shares, US Stocks Move Higher

US stocks advanced on Tuesday, and closed higher following a sudden pullback in tech shares, as investors assessed the latest round of upbeat earnings against a backdrop of growing concerns over slowing growth and rising borrowing costs. Moreover, reports Monday …

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