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Daily market analysis

10 November 2022
The market awaits US CPI inflation data

US stocks tumbled heavily on Wednesday, failing to preserve their upside traction and witnessing heavy selling pressure as renewed selling in currencies and disappointing earnings weighed on risk sentiment ahead of a key US inflation report. Global equity markets sensed …

9 November 2022
Bitcoin dropped to a fresh low 2022

US stocks advanced higher on Tuesday, extending their previous rally and rose for the third day as investors awaited midterm election results and monitored the selloff in markets. Bitcoin plummeted to a fresh 2022 low at $18,355 amid the collapse …

8 November 2022
US stocks rose ahead of midterm elections and inflation data this week

US stocks rallied higher on Monday, preserving their upside traction for the second day and extending their previous rally ahead of midterm elections and inflation data later this week. The renewed speculation that the US Federal Reserve will ease the …

7 November 2022
Week ahead: Further increase in US CPI may lead to Fed rate hikes in December

Since the Federal Reserve announced its September rate decision, consumer price growth in the US has accelerated across a wide range of goods and services. This signifies that underlying inflationary pressures are growing stronger. Fed officials will announce another rate …

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