Daily Report | 26 July 2022
The US Monetary and Fiscal Authority released economic data, July FFR is projected to rise 75 bps and 2Q22 GDP is
The US Monetary and Fiscal Authority released economic data, July FFR is projected to rise 75 bps and 2Q22 GDP is
Nasdaq fell 1.9%, as Social Media and Ad.Tech shares weakened. Meanwhile, the rise in shares of American Express issuer
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