Deeper Analysis
December and 2022 in Figures
December 30, 2022
The primary driving force behind financial market activity in 2022 was the unexpected reality that elevated inflation was not going to be short-lived and self-correcting, which resulted in substantial monetary policy tightening by almost all central banks around the world. Considerable wealth stored in fixed income securities, equities (and the technology sector in particular), and […] More
Foreign Exchange Insights and Next Week
Next Week’s Menu: December 31, 2022 – January 6, 2023
December 30, 2022
Central Banks: Monetary policies will be reviewed next week in Israel and Peru, and the Federal Open Market Committee will publish minutes of its latest policy review on Wednesday. New Year’s Day Holiday: This is the widely celebrated holiday in the calendar year. Since January 1, 2023 falls on a Sunday, a multitude of countries […] More
New Overnight Developments Abroad - Daily Update
One Last Bout of Risk Aversion in 2022
December 30, 2022
On this final trading day of the year, European share prices show losses of 1.1% in Germany and around 0.75% in France, Italy and Spain. U.S. stock futures point to comparable losses. The Japanese Nikkei closed unchanged. The Shanghai composite and India’s Sensex respectively rose 0.5% and fell 0.5%. Ten-year sovereign debt yields are up […] More
