Sentiment-Filled Economic Data Last Week
Sentiment-filled economic data last week revealed US Retail Sales (Dec.) contracted at - 5.8% yoy (vs forecast -4.1%, vs
US GDP Data for 4Q22 Came in At 2.9%
US GDP data for 4Q22 came in at 2.9%, higher than the 2.6% forecast but indeed lower than 3.2% in 3Q22. This sign of
Inflation in Australia Rose To A New 32-Year High
Inflation in Australia rose to a new 32-year high of 7.8% in the 4Q22, marking the fastest pace since March 1990.
Fourth Quarter Earnings Season
Fourth quarter earnings season is in full swing, with 72 of the companies in the S&P 500 having reported. Of those,
The Battle Over The US Government’s Borrowing Limit Is Likely to Come to The Fore
The battle over the US government's borrowing limit is likely to come to the fore as it reaches its USD 31.4 trillion
Fed Officials Are Sharing The Same Hawkish Tone
Fed Officials are sharing the same hawkish tone that they will probably need to raise interest rates to "just above" 5%
European Central Bank Policymakers
European Central Bank policymakers are reportedly considering a slower pace of interest rate hikes. The 50 basis-point
The US House of Representatives is Bracing to Raise The Federal Debt Ceiling
The US House of Representatives is bracing to raise the federal debt ceiling before the country shoots itself in the
US Inflation Data Fell For The First Time Since May 2020
US inflation data fell for the first time since May 2020, bolstering optimism that the Federal Reserve will downshift to
