Solid Start to Earnings and AI Frenzy Prop up Equities
Tech stocks surge, led by Google, amid strong quarterly results from PepsiCo and Delta. AI advances and cooling inflation fuel market optimism despite potential rate hikes.
July 2023
ASX Rises Amid Global Changes: Dollar Dips, Inflation Cools, and China’s Exports Drop
ASX rallied 1.6% as cooling US inflation and a weakening dollar fueled markets, while a sharp drop in China’s exports stoked further stimulus calls.
Easing Inflation Drives Stocks Higher
Equities climbed as slowing inflation data eased pressure on Treasury yields, stirring optimism for a potential final rate hike, fueling a rally in tech and commodities.
Navigating Through Chinese Stimulus Hopes and Inflation Jitters
ASX experienced a day of contrasts, with an initial rally driven by Chinese stimulus hopes, dampened by persistent investor concerns over looming inflation and upcoming U.S. CPI data.
A Mix of Global Stimulus, Cyclical Upswings, and Central Bank Moves Shape the Market Pulse
ASX gears up for a robust day, influenced by China’s expected stimulus, U.S. cyclical and banking upswing, and policy developments from central banks of New Zealand and Australia.
Market Resurgence: Shares Rebound and Top Performers Defy Slowing Economy
Exploring the unexpected market recovery: Key sectors outpace a sluggish economy, bolstered by policy speculation and strategic guidance upgrades.
Equities Firm Ahead of Inflation Despite Tough Talk from Fed
Equities rebounded Monday, bracing for key inflation data ahead of Federal Reserve’s policy meeting, despite market fluctuations and inflation concerns.
Inflation and Payroll: A Triad of Market Impact
ASX grapples with market turbulence amidst global payroll and inflation shifts, reflecting the broader economic uncertainty worldwide.
Equities Drift on Weaker Than Expected Employment Data
U.S. job growth undershot forecasts, easing fears of aggressive Fed rate hikes, benefiting energy stocks while defensive sectors fell back.