With a lot of uncertainty about the Fed’s imminent monetary policy decisions, the non-farm payrolls report will be pivotal and stays in the spotlight until the end of the week. New jobs for August were expected to decline by almost half after a stellar performance in the previous print, with the consensus being 295k versus […]
Recap: Jackson Hole Symposium Attendees of the symposium sent a unanimous message that inflation should be tackled forcefully, especially in the US and the European economies. Tightening policies will be followed even if they cause collateral damage. Fed Chair Powell, among several other Fed officials, stated that they did not expect to change course, necessarily […]
Jackson Hole, Powell’s Speech, and PCE Price Index in Focus PCE Price Index is scheduled to be released 90 minutes prior to Powell’s speech. The index is expected to slow down from 0.6% to 0.3% m/m and from 4.8% to 4.7% y/y. A divergence in the data could cause last-minute edits to his speech which […]
Hi All, Tesla will be performing a 3:1 split after the close on August 24th, 2022. As a result, we will be adjusting the open prices/volumes of all open tickets to account for the 3:1 split after the stock market close. Example: Old Ticket: Client Buys 100 Shares Tesla @ $900New Ticket: Client Buys 300 Shares Tesla @ $300 Please […]
Week in Review England’s CPI CPI in Britain came out hotter than expected, printing 10.1% YoY versus 9.8% as forecasted by economists. This is especially concerning as it is the first time in four decades that the inflation rate surges past 10 % with some expecting the figure to peak above 15% by early next […]
Economic Calendar Day Events Monday French, Italian Bank Holiday Tuesday AUD Monetary Policy Meeting Minutes Wednesday NZD Cash Rate and Monetary Policy Meeting Minutes, GBP CPI, USD Retail sales Thursday FOMC Meeting Minutes Friday – Last week we observe more actions and higher volatility in the markets due to the softer-than-expected US CPI data. Does […]
Let’s focus on the key highlight for this past week- the US CPI and its impact on different asset classes CPI data which came out on Wednesday delivered a positive surprise where the print was lower than forecast by 0.2%, standing at 8.5% for July YoY. Core CPI, excluding food and energy, was the same […]
Economic calendar Day Events Monday – Tuesday – Wednesday Core CPI Thursday JPY Bank Holiday Friday GBP GDP m/m *Important events only It is a light week in the market with only a few key events to watch out for including the CPI numbers and the UK’s GDP. NFP came out with a huge positive […]
