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17 January 2023

Inflation-related reports indicate price pressures easing

U.S. equities traded higher on the first trading day of the week. The Dow Jones Industrial Average rose 0.33% to close at 34302.61. The S&P 500 gained 0.4% to close at 3999.09. The tech-heavy Nasdaq composite climbed 0.71% to close …

16 January 2023

US inflation slows down, Fed to keep raising the interest rate

U.S. equities continued to climb on the last trading day of the week. All 3 major indices closed the week out in positive territory amid easing concerns over inflation. The Dow Jones Industrial Average rose 0.33% to close at 34302.61. …

16 January 2023

Week ahead: All eyes on US PPI and Retail Sales data, BOJ Monetary Policy Statement

The market will focus on US Producer Price Index (PPI) and Retail Sales data after last week’s US Consumer Price Index (CPI) came out as forecasted. Meanwhile, the Bank of Japan (BoJ) will be making its Monetary Policy Statement on …

13 January 2023

US inflation is slower at 6.5%

U.S. equities continued to march higher throughout Thursday’s trading. The initial CPI release sparked a downward spike across the three major equity indices, but as the American trading session began, all equity indices turned positive and closed higher by the …

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