Daily Report | 15 July 2022
Quarterly results of two major US banks were below expectations, leaving Wall Street under pressure of nearly 2% in
Quarterly results of two major US banks were below expectations, leaving Wall Street under pressure of nearly 2% in
Hawkish aggressive FFR 100 Bps required, US inflation breaches 9%. FFR Futures support a 100 bps rate hike at the end of
The Fed braces for 8.8% inflation, investors avoid risk assets and seek safe havens. Wall Street stocks continued to
The increase in Loan Loss Provision put pressure on banking profits. Investors are keeping a close eye on the ability of
Rising oil prices and solid employment data, Wall Street mixed the weekend. Both Brent (Sept. 2022) and WTI Crude Oil
Less Hawkish Fed boosts tech stocks, and Nasdaq led Wall Street gains, rising more than 2%. Weekly jobless claims, US
As the market braced for a recession, investors turned to defensive stocks, sending Wall Street up 0.3%. Investors
Factory orders exceeded expectations and UST inverted yields, sending Wall Street closed mixed. May US Factory Orders
The potential for a recession makes analysts' expectations high. Even though Wall Street is on holiday to commemorate