Financial Market Breakdown – Week of September 12, 2022 Share Quick Highlights Futures were moderately higher as the U.S. Dollar extended Friday’s declines thanks to a hawkish ECB article. The euro is surging another 1% and pushing the Dollar Index lower following a hawkish ECB Reuters article that stated the ECB might have to raise… Continue reading Financial Market Breakdown – Week of September 12, 2022
Financial Market Breakdown – Week of September 6, 2022 Share Quick Highlights There is a tentative risk-on tone to trading this morning as U.S. equity futures track global shares higher thanks to new stimulus measures in China and easing natural gas prices in Europe. The PBOC announced new measures to help stabilize the yuan and… Continue reading Financial Market Breakdown – Week of September 6, 2022
Financial Market Breakdown – Week of August 29, 2022 Share Quick Highlights Futures are down close to 1% on follow-through selling from Friday as hopes of a near-term “Fed Pivot” continue to fade in reaction to Powell’s speech last week. European shares are also sharply lower as tightening expectations for the ECB rose sharply on… Continue reading Financial Market Breakdown – Week of August 29, 2022
Financial Market Breakdown – Week of August 23, 2022 Share Quick Highlights Stock futures are steady this morning as this week’s rise in both the dollar and bond yields has paused while European economic data was better than feared. Economically, the Eurozone Manufacturing PMI was 49.7 vs. (E) 49.0, and the Services PMI came in… Continue reading Financial Market Breakdown – Week of August 23, 2022
Financial Market Breakdown – Week of August 15, 2022 Share Quick Highlights Futures are modestly lower after Chinese economic data missed estimates, and the Chinese central bank cut rates in response. Chinese economic data was soft as Industrial Production (3.8% vs. (E) 4.3%), and Retail Sales (2.7% vs. (E) 4.9%) both missed estimates. In response,… Continue reading Financial Market Breakdown – Week of August 15, 2022
Financial Market Breakdown – Week of August 8, 2022 Share Quick Highlights Futures are slightly higher thanks to solid Chinese economic data and following a mostly quiet weekend. Chinese exports rose more than expected (18% vs. (E) 14.1%), helping to slightly improve global economic sentiment. Politically, Senate Democrats passed the Inflation Reduction Act over the… Continue reading Financial Market Breakdown – Week of August 8, 2022
Financial Market Breakdown – Week of August 1, 2022 Share Quick Highlights Futures are slightly lower as markets digest last week’s big rally and following generally disappointing European economic data. Data from Europe underwhelmed as German Retail Sales plunged – 9.8% vs. (E) 7.5%, the biggest annual drop in 40 years. The July EU and… Continue reading Financial Market Breakdown – Week of August 1, 2022
Market Update – Q2 2022 Share High Inflation and Rising Interest Rates Result in the Worst S&P 500 Performance in Decades. The S&P 500 continued to decline in the second quarter, hitting the lowest level since December 2020 as still-high inflation, sharp increases in interest rates, rising recession risks, and ongoing geopolitical unrest pressured stocks… Continue reading Q2 Market Update
Financial Market Breakdown – Week of July 25, 2022 Share Quick Highlights Futures are modestly higher as markets bounce from Friday’s declines, following a quiet weekend and as investors look forward to numerous important catalysts this week. Chinese authorities are considering some restrictions on movement in Shanghai as COVID cases rise but are still resisting… Continue reading Financial Market Breakdown – Week of July 25, 2022
Financial Market Breakdown – Week of July 18, 2022 Share Quick Highlights Futures are moderately higher, primarily on momentum from Friday’s rally and following a generally quiet weekend. Investors continue to hope for a near-term peak in inflation, and Friday’s drop in University of Michigan inflation expectations (2.8% vs. (E) 3.0%) and multi-month lows in… Continue reading Financial Market Breakdown – Week of July 18, 2022
