The Market Screener

US stock futures rose sharply this morning after the latest employment report from the Labor Department confirmed that the job market is cooling down. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Hopes that the Fed was going to turn dovish at the start of the year have just been crushed. Signs that inflation is cooling in the US and Europe fueled expectations that central banks were about to stop rate hikes, but that was before the release of the Fed’s minutes from its latest policy meeting. They showed officials believe higher interest rates need to stay a while longer to curb inflation....

Investors are facing a lot of uncertainty to start the year. The holidays that delayed the recovery of several markets did not help. The NYSE remained sluggish yesterday, betrayed by some of its star stocks and a sharp decline in energy companies.  Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

This is the last trading session of the year before the market starts 2023, which we hope will be better for stocks than 2022. US tech companies bounced back yesterday, while bond yields eased a little. Although yesterday was a good session, today Wall Street opened in the red.  Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

The atmosphere is not particularly carefree or relaxed on stock markets, in the traditionally quiet week between Christmas and New Year's Eve. Investors did not get their end of year rally, perhaps because indices had already rebounded quite a bit since mid-October. The reason for this post-Christmas depression has not changed: the central banks' hawkish policy is frightening investors, who fear a...

In the absence of good economic news in the United States or Europe, investors are clinging to what they can. At the moment, Beijing represents a glimmer of hope, since it started easing Covid restrictions and announced measures to support its economy. Commodities have outperformed this year. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

As usual, the week between Christmas and New Year remains very quiet. Wall Street reopened in the green after a long holiday weekend, boosted by reports that China is about to end its Covid-19 quarantine policy for incoming international travelers. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

The last session before Christmas is not up to a great start, with all the main indexes across the world opening in the red. Investors are digesting a new reading on US inflation, before the long holiday weekend. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

The unexpected good mood of the American consumer brought the stock markets out of their torpor yesterday, allowing them to erase some of the losses accumulated in the previous sessions. This has triggered a pre-Christmas mini-rebound, that already ended today. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Alphabet, Meta, Salesforce, Amazon, Royal mail, Nike, Puma, Adidas, JD Sports, Carlyle, Tyson foods, Netflix, Micron, Tesla, Costco, MillerKnoll, Bombardier, Boeing and Toshiba feature in this press review! Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Wall Street opened in the green, after four-straight sessions of losses, as the long Christmas weekend looms. Investors cheered the strong results from Nike and Fedex. However, unless there is a miracle in the last sessions of 2022, investors might not be getting their usual Christmas rally. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Nobody saw this coming. Overnight, the Bank of Japan amended its yield curve control policy, paving the way for more interest rates hikes. This created a negative butterfly effect on stocks, bonds and the dollar and sent all global indexes in the red this morning, including Wall Street. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Equity markets have had a second week of decline, which brings them back around their mid-November level. There was a 2.1% drop for the S&P500, -2.8% for the Nasdaq and -1.7% for the Dow Jones. The main driver is still the pivot in the US monetary policy. Investors are trying to guess when the peak of the current rate hike will occur, and at what altitude. Hosted by Audiomeans. Visit audiomean...

This was a bad session for equity markets yesterday. Investors were still reeling from Jerome Powell’s speech on Wednesday and took a beating from Christine Lagarde on Thursday. The pro-bounce scenario for stocks that had begun to take shape in recent weeks is unraveling as recession fears mount. It's not the best of entries for this last session of the week, which coincides with the "day of the f...

There is no escaping the central banks today, as several monetary policy decisions have just been announced. And the market reaction isn't great since all the main indexes are in the red today. Yesterday, it was the Fed that fired the first shot, adopting a tone that was less accommodative than investors had hoped. As a result, Wall Street lost some ground and will probably have to revise its base...

Let's mention two big topics this morning and a smaller one, although it could also have implications for financial markets. We have of course the countdown to the U.S. central bank's final monetary policy adjustment for the year 2022. After raising rates four times by 75 basis points, the first time this has happened since the 1980s, the Fed is expected to reduce the pace, but without totally rel...

Things are getting serious today, with the first in a series of important macroeconomic events: Consumer prices. They’ve just been published, and investors can breathe a sigh of relief as they came in better than expected. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Investors remain cautious at the start of a week full of important economic events. There are only a few stock market sessions left this year, but a lot is going to happen in the next few days. If all goes according to market expectations, four major central banks will raise their key rates by 50 basis points.  Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more in...

It's the reading every investor was waiting for, and it ended being rather disappointing. Monthly producer prices data came in higher than expected, which could mean that the Federal Reserve will keep raising interest rates for longer to tame high inflation. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

On stock markets, it's a bit of a complicated week. The recent good news is fizzling out and the markets are dragging their feet in a fourth consecutive session of decline, as investors are uncomfortable with the economic and financial context. For the week, the S&P500 is down -3.4% and the Nasdaq 100 -4.1%.  Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more...

Investors were so focused on the Fed pivot to a dovish monetary policy that they almost forgot that a recession is looming. They got a reality check when the CEOs of Goldman Sachs, Bank of America and JPMorgan Chase said in separate interviews that they were bracing for a downturn, since inflation and the slowing economy will eventually impact consumer spending power. Hosted by Audiomeans. Visit a...

Wall Street opened flat after yesterday’s bearish session over concerns about the Fed’s monetary policy. It’s the usual confusion among investors, after the publication of good economic data yesterday. Although it shows that the economy is holding up well against rate hikes, and a soft landing is possible, this also means that the Fed could be raising rates for longer to control inflation. Hosted...

The week starts on a mixed note, as investors take in the stronger-than-expected U.S. jobs report and signs that China is easing its Covid policy. For some, this renewed hopes that a soft landing is possible after all. For other investors, this means that the Fed may have to keep hiking rates for longer. This is because the wage component was twice higher than expected, a sign that inflation might...

Investors thought that the pivot to a dovish policy was reached on Wednesday, when Fed chair Jerome Powell signaled that the central bank would go for a smaller rate hike in December. However, job data released today ruined the mood. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.

Fed chair Jerome Powell reassured investors in his speech yesterday, which led Wall Street indexes to new highs. He hinted that the December rate hike could be more moderate than in November, while reiterating that more efforts are needed. “The time for moderating the pace of rate increases may come as soon as the December meeting”, he said. Hosted by Audiomeans. Visit audiomeans.fr/politique-de-c...