Daily Report | 22 July 2022
Wall Street stocks rose, driven by large-cap growth stocks. Nasdaq lead gains, up 1.4%; followed by the S&P500 0.9%
Wall Street stocks rose, driven by large-cap growth stocks. Nasdaq lead gains, up 1.4%; followed by the S&P500 0.9%
Investors expect the market to have bottomed out, as the USD's safe-haven demand eases. The USD DXY index, which had
Soaring mortgage rates put pressure on US properties, as credit purchases dominate. Property which is very sensitive to
Slowing Loan Growth and Loan Quality in Banking Outlook. Wall Street was lower at the beginning of the week, with the
Quarterly Results and Retail Sales beat expectations, the Dow Jones rose more than 2%. Up to 80% of the 35 companies in
Quarterly results of two major US banks were below expectations, leaving Wall Street under pressure of nearly 2% in
Hawkish aggressive FFR 100 Bps required, US inflation breaches 9%. FFR Futures support a 100 bps rate hike at the end of
The Fed braces for 8.8% inflation, investors avoid risk assets and seek safe havens. Wall Street stocks continued to
The increase in Loan Loss Provision put pressure on banking profits. Investors are keeping a close eye on the ability of