
Key Events in the Week 16/22-1-2023
Traders digest the recent rally in equities as the expectations point to a 25 basis points rate hike in the next FOMC meeting as the inflation shows clear signs of slowing down.
Traders digest the recent rally in equities as the expectations point to a 25 basis points rate hike in the next FOMC meeting as the inflation shows clear signs of slowing down.
Market News that moved the markets from September till December 2022
The week start with risk-on sentiment as investors speculate after the NFP data that Fed will not be aggressive on rate hikes. Inflationary pressures are weakening and so the focus this week will be on the CPI figures
Nikkei 225 and Asian istocks slide on Tuesday after the Bank of Japan adjusted its yield curve control (YCC) program increasing the allowable band for 10-year bond yields to target a band in and around 0.50% from the previous band of 0.25%.
Investors will enter the new week trying to digest the hawkish messages from Fed and ECB, both central banks raised the interest rates the previous week and left the door open for higher terminal rates.
SEC announced charges against eight individuals in a $100 million securities fraud scheme in which they used the social media platforms Twitter and Discord to manipulate exchange-traded stocks.
A critical week starts on Monday with four major central banks Fed, the European Central Bank, the Bank of England and the Swiss National Bank announcing their policy decisions while the U.S. CPI figure will play an important role
Interest rate policy will be on center stage for one more week. Reserve Bank of Australia (RBA) and the Bank of Canada (BAC) are expected to hike interest rates again but at a slower pace. In the USA, the focus will be on the ISM services
Investors are returning to their trading desks after the Thanksgiving holidays as the talk focus on the China unrest and the upcoming jobs report.
Russian army attacked with missiles in several cities across Ukraine, including Kyiv, Odesa, Dnipro, Lviv, Ternop, Khmelnytsky and Zhytomyr. The attack in Kyiv was the first strike since June.