Daily Report | 8 June 2022
Core inflation was maintained, and price in of FFR increase in June, boosted Wall Street upwards. The survey showed that
Core inflation was maintained, and price in of FFR increase in June, boosted Wall Street upwards. The survey showed that
UST10Y Yield Back to 3%, ahead of US May MoM CPI which is projected to rebound (Cons. 0.7%; Vs. Apr. 0.3%), next Friday.
Strong labor market, US economy ready for more aggressive FFR hikes. Wall Street closed lower, with Nasdaq down 2.4%,
Megacap growth stock led Wall Street's gains, with Nasdaq up 2.7%. Investors responded positively to the US labor market
Economic Data Fails to Assuage Market Worries. Starting the month of June, Wall Street markets closed lower. US ISM
US Derivatives Market Strengthens. Despite Wall Street's Memorial Day holiday, US derivatives markets remain open, with
The Fed Passes Hawkish Peak. Nasdaq led Wall Street's gains, up 3.33%. The probability of the Fed going more Hawkish, or
The retail sector supported Wall Street, after a number of retail companies raised their FY22 net profit outlook. The
The fading economic momentum as manufacturing activity slowed and new home sales fell deeper fueled fears of a US