Yearly Archives: 2022
Dollar continues to fall after the Fed “pivot” is supported by US data
Written on July 29, 2022 at 9:30 am, by jamie
Headlines *USD wallows near six-week low to yen on view Fed to slow hikes *Amazon’s strong revenue and guidance reassure Wall Street *Apple ekes out revenue growth on iPhone sales and services *Asian stocks mixed as China shares slide on lack of new stimulus US equities rose sharply for a second day as investors bet […]
US GDP up next as markets hope for slower Fed rate rises
Written on July 28, 2022 at 8:29 am, by jamie
Headlines *FOMC hikes by 75bps for second month in a row, abandons guidance *Wall Street rallies after Fed Chair suggests rate increases may slow *Yen climbs to strongest level in three weeks as dollar drops *US expected to dodge technical recession with weak Q2 growth US equities rallied with the S&P500 ending the day 2.62% […]
Dollar perks up as all eyes turn to Fed guidance
Written on July 28, 2022 at 8:29 am, by jamie
Headlines *Australia headline CPI misses forecasts, easing rate hike bets *Google parent Alphabet’s small sales miss eases recession worries *Microsoft posts slowest sales growth since 2020 on strong dollar *Asian currencies weaken, USD steady as markets remain cautious US equities were led lower by US retailers as Walmart warned that higher inflation would hurt its […]
Is Gold A Commodity?
Written on July 28, 2022 at 7:35 am, by chiayee
Strictly speaking, gold is a commodity but also a currency in many ways. However, to clearly understand how gold can be considered a currency, it’s essential to first define the terms of “commodity” and “currency”. What is a Commodity? The term commodity basically refers to an item that can be sold or bought and interchanged […]
Indices Dividends for Period of 28 July to 4 August 2022
Written on July 28, 2022 at 6:14 am, by daniel
Here are the dividend payouts for the following indices for the period of 28 July to 4 August 2022:
USD trims losses as company earnings ramp up
Written on July 26, 2022 at 9:01 am, by jamie
Headlines *Russia halves natural gas deliveries to Europe through key pipeline *Walmart issues profit warning as soaring inflation hits customers *Oil rallies as tight supplies counter expectations of a slowdown *Asian stocks mostly firmer ahead of probable US rate hike US equities were mixed to kick off a busy week of earnings and the FOMC […]