14 Jul 2022 - The inflation data was pretty much factored into market prices, hence such a moot reaction by markets overnight, with Wednesday’s hot CPI reading also prompting questions over whether inflation has in fact reached its peak. Either way the market is now pricing in an 80% chance of a 100bp hike later this month.
13 Jul 2022 - Last month, more than $6 billion flowed into the 30 largest international mutual funds that focus on Chinese equities -- the highest level since at least early 2021 -- according to Morningstar, signalling fresh investor optimism about the battered asset class.
12 Jul 2022 - Watch out for the continued short-selling attack on lithium companies like Lake Resources (ASX:LKE) and Core Lithium (ASX:CXO), with J Capital issuing its latest short report on Monday, targeting Australian lithium producer Lake Resources. Both Core and Lake have around 8-9 per cent of their issued capital short sold at present.
11 Jul 2022 - With earnings season about to begin, the stock market could finally get its moment of truth. The S&P 500, after all, has dropped 18 per cent in 2022 and is mired in a bear market. Yet that decline largely reflects the effect of higher bond yields, which force valuations lower, triggering sell-offs.
08 Jul 2022 - The biggest trade in the market is being played out in commodities.
07 Jul 2022 - Hedge funds appear to be ahead of the inflation commodity trade and have bet against commodities such as copper, silver, iron ore, sugar, wheat and steel since around early May, with prices now being sold off in anticipation of a global economic slowdown rather than rampant inflation.
06 Jul 2022 - As oil prices dived on Tuesday, it seems that traders are now quickly taking off their inflationary positioning as a broad sell-off in commodities reflected fears that an economic downturn and and lockdowns in China could undercut demand.
05 Jul 2022 - Looking ahead, investors are focusing on commodity pricing as a signal that rising rates may be having an immediate effect on commodities -- long considered the ideal inflation hedge.
04 Jul 2022 - Accelerated monetary policy tightening has doubled recession odds, says Morgan Stanley this week, noting that most economic models now suggest that the probability of a recession during the next 12 months has doubled to over 50 per cent. Ironically since the Fed’s June rate hike, the S&P 500 has risen around 3 per cent with analysts still predicting double-digit earnings growth for the rest of the year.
01 Jul 2022 - In the IPO market rising interest rates, increased regulatory scrutiny and the stock market’s worst first half in 50 years are squeezing the IPO. market in a way that hasn’t happened since the financial crisis. Six months into 2022, initial public offerings are at their slowest pace since 2009, according to data from Dealogic.
