Daily Report | 13 December 2022
Wall Street rallied earlier in the week amid a wait for inflation and FFR data release. The Dow appreciated by 500
Wall Street rallied earlier in the week amid a wait for inflation and FFR data release. The Dow appreciated by 500
The volatility of energy commodities amid the easing of China’s Zero-Covid Policy. Oil prices are approaching its lowest
Cost of Service pushed producer-level inflation, and PPI Final Demand US in Nov. rose moderately to 0.3% (Vs. Surv.
Weekly jobless claims rose, pushing the number of unemployed to a 10-month-high and raising hopes that the FFR hike
Dovish expectations on the Fed, yet the data is not supportive enough. Although the probability is more than 90%, the
The Strong Dollar has pushed the US Trade Deficit more. Appreciation of the USD exchange rates as the FFR remains at a
The US Service sector is increasingly expansive, making the evaluation of FFR gains longer and pushing Wall Street to
Wait and See, welcoming the month of Window Dressing. The lack of sentiment in economic data last week, domestically and
US Nonfarm Payrolls exceed expectations, maintaining an aggressive Hawkish FFR fight against inflation, and Wall Street