Category: Monthly Wrap Up

27
Feb

February 2023 Wrap Up
Posted ByDean Category Analysis AsideMonthly Wrap Up
What’s the buzz in the markets for February? Fed not backing down in the face of inflation The meeting minutes released this past Wednesday show that Fed officials are still concerned about high inflation rate and believe that ongoing interest rate hikes will be necessary, in spite of some signs …
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31
Jan

January 2023 Wrap Up
Posted ByHY Category Analysis AsideMonthly Wrap Up
What’s happening in January? Fed Governor supports slower pace of interest rate hikes at next meeting Federal Reserve official, Christopher Waller, expressed support for a slower pace of interest rate increases at the upcoming central bank meeting, which is expected to result in a quarter-percentage-point increase on February 1st. He …
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27
Dec

December Wrap Up
Posted ByJane G Category Analysis AsideMonthly Wrap Up
Here’s what you need to know about what went down this month: Fed: Another 0.5% hike and more to come The Federal Reserve has, yet again, approved an interest-rate increase for the seventh time this year and there are signals indicating more hikes to come. However, this 0.5 percentage point …
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November Wrap Up
Posted ByJane G Category Analysis AsideMonthly Wrap Up Date
Here’s what you need to know about what went down this month: FOMC Minutes: Maybe it’s time to slow down At the November 2nd FOMC meeting, members unanimously agreed to raise the Fed Funds rate by 0.75 percentage point to bring the key rate to 3.75%-4.0%. However, in the meeting …
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27
Oct

October Wrap Up
Posted ByJane G Category Analysis AsideMonthly Wrap Up
What’s happening this month? 1. UK’s got the shortest serving PM On October 20, U.K. Prime Minister Liz Truss announced her resignation after just 44 days in office, making her the shortest-serving prime minster in British history. Truss was forced last week to sack her then chancellor, Kwasi Kwarteng, for …
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September Wrap Up
Posted ByJane G Category Analysis AsideMonthly Wrap Up Date
What’s moving the market? Border opening Covid border controls will be abolished in Japan starting from Oct. 11 to revive the tourism industry. Individual visitors will be allowed to enter starting from next month. Taiwan visitors also no longer need to undergo its three-day quarantine around mid-October.   Stepping In  Japan …
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August Wrap Up
Posted ByJane G Category Analysis AsideMonthly Wrap Up Date
What’s moving the market? China’s Problem Things are obviously not looking up in China. The Chinese households are cutting spending in a thread that could depress the country’s economic growth for years to come. Xi’s government has proved powerless when it comes to reviving investor spirit. Economists are downgrading growth …
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July Wrap Up
Posted ByJane G Category Analysis AsideMonthly Wrap Up Date
What’s moving the market? Just Keep Rising  The policy makers have raised the benchmark lending rate 75 basis points to a range of 2.25% to 2.5% and the rate is expected to keep rising. Chairman Jerome Powell said that the Fed will press on with the steepest tightening in a …
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June Wrap Up
Posted ByJane G Category Analysis AsideMonthly Wrap Up Date
What’s moving the market? The worst is yet to come According to Nomura’s estimation, Singapore is expected to see food inflation double to 8.2% in the second half from 4.1% now, while India will likely see the highest print at 9.1% due to rising feedstock costs. Welcome to the EU club EU leaders have granted Ukraine …
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27
May

May Wrap Up
Posted ByJane G Category Analysis AsideMonthly Wrap Up
What’s moving the market? Biden’s Asia Visit  US President Biden begins his Asia tour aimed at boosting Indo-Pacific ties. Biden has visited South Korea and Japan to shore up the support of key Asian allies as there is concern that the Biden administration has got its hand tied in the …
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