Author - Craig Foley

Inflation data belts US equity markets

14 Sep 2022 - Stocks plummeted and US government bond yields soared on Tuesday, as fresh data undermined investors’ bets on the persistence of inflation and how much the Federal Reserve will need to raise interest rates to combat it.

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Markets rally ahead of US CPI data

13 Sep 2022 - US equities were higher in uneventful Monday trading, ending just off best levels. S&P and Nasdaq both up for a fourth-straight day, extending last week's rally that broke three-straight weekly declines.The market was fairly quiet from a headline perspective, with focus tightly on tomorrow's August CPI report and expectations for a month on month headline decline.

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Key week for US economic data as indexes produce strong weekly gains

12 Sep 2022 - US equities were higher in Friday trading, finishing just off best levels. Each of the major averages were up more than 2.5 per cent for the week and snapped a big three-week losing streak during which S&P lost nearly 8.5 per cent. This week, data wise we have the US Consumer price Index for August on Tuesday and the Producer Price Index a day later, along with US retail sales.

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