Weekly Report | 19 December 2022
The anomaly in JCI’s strengthening is in contrast with the dimming of the Window Dressing outlook globally after the BoE
The anomaly in JCI’s strengthening is in contrast with the dimming of the Window Dressing outlook globally after the BoE
US business activity contracted again as the high-interest rates trend weighed the economy, the Dow briefly depreciating
The Fed expects a further FFR hike of above 5% in 2023, raising fears of a recession going further and lasting for a
The Hawkish period is longer in 2023. The FOMC Rate Decision results project that next year's FFR to end at 5.1%, 50 Bps
Petrol prices fell 2% MoM, putting pressure on US inflation, and Wall Street rallied, with the Nasdaq appreciating by
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