Yearly Archives - 2022

US equities rise despite weakening Chinese economic data

16 Aug 2022 - US equities rose on Monday as the rally on Wall Street continued as traders prepared for a big week for retail earnings.The move came despite disappointing economic data out of China, where the country’s central bank cut rates unexpectedly, raising concern over China’s economic recovery.

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US markets surge, ASX earnings season kicks off in a big way

15 Aug 2022 - Stocks rose sharply on Friday, clinching the fourth straight positive week for the S&P 500 as investors celebrated signs that inflation may be peaking. The key fundamental driver of this week's upside was softer-than-expected July CPI and PPI data, providing more support for the peak inflation narrative.

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