Yearly Archives - 2022

Markets rally ahead of US CPI data

13 Sep 2022 - US equities were higher in uneventful Monday trading, ending just off best levels. S&P and Nasdaq both up for a fourth-straight day, extending last week's rally that broke three-straight weekly declines.The market was fairly quiet from a headline perspective, with focus tightly on tomorrow's August CPI report and expectations for a month on month headline decline.

Read more...

Key week for US economic data as indexes produce strong weekly gains

12 Sep 2022 - US equities were higher in Friday trading, finishing just off best levels. Each of the major averages were up more than 2.5 per cent for the week and snapped a big three-week losing streak during which S&P lost nearly 8.5 per cent. This week, data wise we have the US Consumer price Index for August on Tuesday and the Producer Price Index a day later, along with US retail sales.

Read more...

Markets up despite rate news: Extreme weather disrupting Chinese supply chain

09 Sep 2022 - Stocks rose Thursday after moving between gains and losses as Wall Street weighed Federal Reserve Chair Jerome Powell’s comments. In China, a record drought crippled economic activity across the southwest, freezing international supply chains for automobiles, electronics and other goods that have been routinely disrupted over the past three years.

Read more...