Weekly Report | 3 October 2022
Bearish market closed Wall Street 3Q22, more than 20% decline started to occur on Nasdaq (April), then S&P500 (June)
Bearish market closed Wall Street 3Q22, more than 20% decline started to occur on Nasdaq (April), then S&P500 (June)
Good news is bad news. The weekly US Initial Jobless Claims data ending September 24 saw 193K (-8% WoW) claims, the
Tech stocks MegaCaps rebounded, as yields on UST10Y returned below the psychological level 4%, making Nasdaq lead Wall
Consumer confidence is stronger, reinforcing expectations of an FFR hike of up to 4.4% in FY22E. One indicator of
Coal Average Selling Price Increase ADRO's export share increased to 77% 1H22 (Vs. 72% 1H21), as coal sales to India
Dow Jones confirmed a bear market, complementing the previous bearish Nasdaq and S&P500, in April and June. The bear
BI 7DRRR September’s hike to +50Bps, is a BI’s monetary dose that is rarely given. NHKSI Research sees BI Front Loaded
Consumer Sector which is vulnerable to slowing economic growth, complementing the pressure on the Technology Sector
Coal Average Selling Price Increase Throughout 1H22, MIKA posted a decrease in revenue and net profit of 13.3% YoY and