Key insights from the week that was. The January Monthly CPI Indicator printed broadly as expected, with prices falling 0.2% in the month, leaving headline inflation up 2.5% over the year to January, the mid-point of the target range. In the monthly detail, there were surprises on both sides. On the one hand, the roll-off […]
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Markets The stars aligned for a significant risk-off correction yesterday. First and foremost, the market narrative changed since the end of last week with investors attaching a higher probability to a mid-term US recession. Especially Read more…
Despite beating both revenue and earnings expectations and the forecasts for the current quarter, Nvidia got beaten by the market. The share price tanked 8.50% in yesterday’s post-earnings session, took out the 200-DMA and closed Read more…
In focus today In the US, the Fed’s preferred measure for inflation, the PCE, is due for release for January. While the earlier CPI showed a notable uptick in inflation pressures at the beginning of Read more…