Daily Report | 26 December 2022
After closing last week with a gain of 0.93%, US Index will take a break, as well as the other global exchanges for the
After closing last week with a gain of 0.93%, US Index will take a break, as well as the other global exchanges for the
US stock index was pressured by more than 1%, triggered by a sell-off in Technology & Consumer stocks that started
All three US indexes rallied again for the second day, supported by a solid quarterly performance report and a rally in
The US stock market bounced back after 4 consecutive days of declines, yet the USD is weakened, and the UST10Y yield
Monday's lack of economic data made investors focus on the Fed's Higher for Longer FFR. Speculation that the Fed again
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