Daily Report | 24 August 2022
US manufacturing expansion slows, Wall Street mixed ahead of the Fed meeting at the Jackson Hole Symposium on Aug.
US manufacturing expansion slows, Wall Street mixed ahead of the Fed meeting at the Jackson Hole Symposium on Aug.
Wall Street was down 2%, in contrast with sloping PCE. NHKSI Research sees the July US Deflator PCE survey was down to
Ahead of the Jackson Hole Symposium, the Nasdaq led Wall Street's decline. Investors halted their bullish expectations
Wall Street declined in early trading, as weekly jobless claims weakened. Weekly Initial Jobless Claims fell 2,000 to
Wall Street under pressure ahead of Fed Meeting Minutes. US stocks fell in early trading after major retailer, Target
China MLF Rate down 10Bps, Wall Street expects US economy will reach soft landing. PBOC unexpectedly cut 1Y Medium-Term
1-Year inflation expectations drop to 5%, Dow Jones gains more than 400 points. The data show the U. of Mich. 1Y
Producer level deflation confirms that Consumer level inflation has reached its peak. US Final Demand PPI July MoM
Headline inflation slopes, as fuel costs fall 20%. Both Headline CPI and US Core CPI July YoY sloped to 8.5% (Vs. Jun.