Author - Craig Foley
02Dec

Falling $US sees commodity price rises: All eyes on Friday’s job data

02 Dec 2022 - The Dow Jones fell Thursday, relinquishing some of the big gains seen in the prior session as investors awaited jobs data coming Friday that could determine the pace of the Federal Reserve’s future rate tightening. Investors are looking to data on non-farm payrolls, the unemployment rate and hourly wages on Friday for insight into the labour market, which has been relatively strong despite hopes of contraction as the Fed looks to cool inflation.

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01Dec

Stocks fly as Fed Reserve suggests rate hikes to slow

01 Dec 2022 - Stocks climbed Wednesday as Federal Reserve Chair Jerome Powell confirmed that the central bank will slow the pace of its aggressive rate-hiking campaign that has weighed on markets. Commodities prices, factory gate prices, energy prices and inflation expectations have all begun to slide from their record levels, suggesting to some that the pace of headline price growth is set to slow in 2023.

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30Nov

Musk picks a fight with Apple: Chinese tech outperforms

30 Nov 2022 - Stocks fell Tuesday as traders struggled to recover from losses suffered in the previous session and looked ahead to more economic data. Elon Musk has been active on twitter claiming that Apple is curbing advertising on Twitter and threatening to "withhold" the social media platform from its App Store, as the world’s richest man locks horns with the most valuable tech company.

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29Nov

Unprecedented Chinese protests remove bullish reopening narrative from markets

29 Nov 2022 - Stocks fell Monday as social unrest from China's prolonged Covid restrictions weighed on markets. Protests across China over the country's strict zero-Covid policies shook up global markets over the last 24 hours with concerns authorities will take longer to reopen the world’s second-largest economy. Thousands took to the streets in the biggest challenge to the authority of the Chinese Communist Party in years.

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