Daily Report | 11 October 2022
Investors anticipate Big Banks Earning Results next Friday, as some analysts have lowered their projections on 3Q22
Investors anticipate Big Banks Earning Results next Friday, as some analysts have lowered their projections on 3Q22
US economy Resilient, ready for 4% FFR. The US labor market is solid, the Unemployment Rate drops to a low of 3.50%; and
US Unemployment Rate Sept. down to 3.50% level (Vs. Aug. 3.7%); indicates the economy remains resilient, or is ready to
Investors are worried about the Non-Farm Payroll data, amid speculation that the FFR +75Bps rises for the fourth time in
Lagging Inflation indicator restrains Wall Street's pace. The labor market is one of the Lagging Indicators of
US job vacancies as of August, recorded their biggest decline in 2.5 years, and a belowexpected Australian rate hike,
Technical rebound opens Wall Street 4Q22, amid US manufacturing heading towards contraction. Wall Street was up more
Strong Dollar has a negative impact on export-oriented issuers, investors are also anticipating a number of retail
Bearish market closed Wall Street 3Q22, more than 20% decline started to occur on Nasdaq (April), then S&P500 (June)