06 May 2022 - Wall St tumbled over 3 per cent with the Nasdaq cratering 5 per cent as investors reassess the Fed's comments. OPEC+ agrees to modest increase to output. The Bank of England raised rates and slashed its growth outlook. SPI futures pointing to 1.5% drop
05 May 2022 - Wall St soars in celebration of Fed Chair ruling out bigger rate hikes after plating a 50 basis point hike this morning. ASX faded into the close in anticipation of the news after investors learned of banks raising mortgage interest rates, following the surprised RBA rate hike. Oil prices jumped amid EU’s plans to phase out Russian oil imports.
04 May 2022 - A choppy performance on Wall St as stocks held onto its gains ahead of the FOMC rate decision tomorrow. China and Japan shut for holidays. ASX closed in negative territory, following surprised 25 basis rate hike.
03 May 2022 - Wall St turned higher ahead of the Federal Reserve’s policy meeting this week. European markets closed lower amid several companies traded without the right to their dividends. ASX set for a muted open ahead of the RBA meeting.
02 May 2022 - Wall St cratered on Friday following weak guidance from Amazon and Apple and the biggest surge in monthly inflation since 2005. European markets rallied on positive earnings results and higher metals prices amid Chinese authorities pointed to increased stimulus. A supportive move towards tech platforms provided support for Asian markets, closing higher.
29 Apr 2022 - Global major indexes rally on strong earnings results, shrugging off US GDP data which showed a contraction and other geopolitical headwinds. Locally, production reports are due plus one IPO today.
28 Apr 2022 - Major US benchmarks almost rallied in tandem after a volatile session. Deep dive on why tech shares underperformed. Musk agrees to pay Twitter a US$1b 'breakup' fee. What corporate earning themes to keep an eye out for in today's production updates with Fortescue Metals (ASX:FMG), Newcrest Mining (ASX:NCM), and Coles (ASX:COL) on the docket.
27 Apr 2022 - Global markets fell into negative territory while energy stocks recovered as oil prices rebounded. US stocks were in meltdown mode as tech stocks continued to underperform. Join me for the three main reasons why the sell-off occurred. March CPI figures due today.
26 Apr 2022 - Wall St bounced back after global indexes were sold off on concerns amid China extending lockdowns and the impact on economic growth. Commodity prices took a hit as investors weigh the impact from prolonged lockdowns, adding to what rising interest rates and a stronger greenback could mean around the cost to buy.
22 Apr 2022 - Wall St turned lower after Fed chair Jerome Powell's statement around putting 50 basis points hike on the table in the upcoming meeting. Oil price rebounds as EU nears phase out framework, however energy stocks were the worst performer.
