Monthly Archives: May 2022

Friday May 20th, 2022

The US$ & oil prices steady, while equity markets & US yields are up on China optimism. Market sentiment improved after China lowered its 5-year loan prime rate to bolster its economy and gave investors optimism at the end of another volatile week for global equity and currency markets. Intr...
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Thursday May 19th, 2022

The US$ slips, oil prices are lower, while equity markets are US yields are down as markets remain risk averse. The equity market rout continues amid growing concern that high inflation is impacting corporate performance. Wall Street had its worst day since mid-2020 on Wednesday after warnings from ...
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Wednesday May 18th, 2022

The US$ rebounds, oil prices firm, while equity markets & US yields are mixed after the Fed Chairs hawkish comments. Fed Chairman Powell said he will back interest rate increases until inflation comes down. “If that involves moving past broadly understood levels of neutral, we won’t hesitate...
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Tuesday May 17th, 2022

The US$ weakens, oil prices edge higher, while equity markets and US yields strengthen as risk sentiment improves. Risk-on sentiment improves on optimism that Beijing may ease up covid lockdowns, which improved growth prospects and helped Asian & European equities rally for a 3rd day. Lisa Shale...
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Monday May 16th, 2022

The US$ & oil prices dip, while equity markets and US yields are mixed on weak China data. China’s economy appears to be paying the price for the nation’s covid zero policy with industrial output and consumer spending sliding to the worst levels since the pandemic began. China’s Indust...
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Friday May 13th, 2022

The US$ slips, oil prices edge higher, while equity markets and US treasuries firm amid improving market mood. The US$ slips from its highest close in two decades, while equity markets firmed after Fed Chair Powell pushed back against speculation of steeper interest rate hikes. The Fed Chair reaffir...
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Thursday May 12th, 2022

The US$ rallies, oil prices slip, equity markets and US yields are down as surging inflation dampens risk sentiment. The US$ index rallies to a fresh 20-year high, while equity markets tumble after the higher-than-expect US inflation report on Wednesday bolstered the case for more aggressive monetar...
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Wednesday May 11th, 2022

The US$ is lower, oil prices firm, equity markets advance, while US yields fall ahead of the US inflation report. The US$ halted its 4-day rally, US yields are down for a 3rd trading session, while equity markets have firmed underscoring risk-on sentiment is returning amid expectations US inflation ...
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Tuesday May 10th, 2022

The US$ remains firm, oil prices weaken, equity markets firm while US yields dip as risk-sentiment remains fragile. Equity markets rebound as dip buyers emerge, oil declines after the EU softened some proposed sanctions on Russia and China continues to struggle with fresh outbreaks of covid. The US$...
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Monday May 9th, 2022

The US$ extend gains, oil prices slip, equity markets weaken, while US yields firm as risk aversion sweeps through global markets. The US$ extends gains to fresh two-decade highs after Friday’s jobs data left little doubt the Fed will keep on course for its rate-increase and quantitative-tightenin...
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