Weekly Report | 30 January 2023
A series of important economic data dominated the market atmosphere last week, with US GDP 4Q22 data as the most
A series of important economic data dominated the market atmosphere last week, with US GDP 4Q22 data as the most
Sentiment-filled economic data last week revealed US Retail Sales (Dec.) contracted at - 5.8% yoy (vs forecast -4.1%, vs
The Dow Jones closed marginally up 28.7points on Friday, wrapping last week's win underpinned by an above-expected 4Q22
US GDP data for 4Q22 came in at 2.9%, higher than the 2.6% forecast but indeed lower than 3.2% in 3Q22. This sign of
The Wall Street indices got a jolt from the 4Q22 GDP data, which emerged at 2.9%, beating the expectations of 2.6% but
Inflation in Australia rose to a new 32-year high of 7.8% in the 4Q22, marking the fastest pace since March 1990.
The US stock market appeared flat, and Dow Jones Index still maintained its position above its third Support in Moving
Fourth quarter earnings season is in full swing, with 72 of the companies in the S&P 500 having reported. Of those,
Earnings reports dominated the sentiment on all three Wall Street indices, with the Dow Jones gaining 104 points. Yet,