22/04/2022- Morning Note

Key News Overnight: Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve will becomeRead more

Key News Overnight: The Nasdaq closed down on Tuesday after a dismal forecast from Micron Technology pulled chip makers and tech stocks lower as investors await U.S. inflation data that could lead the Federal ReserveRead more

Key News Overnight: US equities finished mixed in quiet Monday trading. Treasuries were firmer with curve continuing to flatten following last week’s move. The 2Y/10Y spread now inverted by ~45bp. The US dollar index wasRead more

Key News Overnight: July nonfarm payrolls increased by 528K, much faster than consensus for 250K jobs and above June’s upwardly revised 398K level (was 372K). Asian equities set for a weaker start to Monday trade.Read more

Key News Overnight: Stocks have ripped higher in recent weeks, pushing the S&P 500 13% higher from its mid-June low. Broadly positive earnings reports, coupled with signs that some drivers of the inflation surge areRead more