• Latest
  • Trending
  • All
Global stocks struggle after a bearish week

Markets advance ahead of US inflation data

September 13, 2022 11:13
Equities struggle amid economic and China-related concerns

Equities struggle amid economic and China-related concerns

December 29, 2022 08:55
Dollar lacks upside momentum due to lower Treasury yields

Currencies stuck in ranges as New Year holiday looms

December 28, 2022 07:01
Stocks gain, dollar eases ahead of job market data

Dollar pressured by positive risk sentiment in thin markets

December 27, 2022 04:50
Dollar lacks upside momentum due to lower Treasury yields

Dollar tries to shrug off the pressure

December 26, 2022 05:13
Investors spooked by strong US data

Investors spooked by strong US data

December 23, 2022 11:55
Dollar lacks upside momentum due to lower Treasury yields

Dollar back under pressure after short-lived relief

December 22, 2022 05:17
Risk demand reemerges cautiously, but caution remains in place

Risk demand reemerges cautiously, but caution remains in place

December 21, 2022 08:49
Dollar lacks upside momentum due to lower Treasury yields

US dollar resists selling pressure

December 20, 2022 10:44
Market sentiment dented by recession fears

Market sentiment dented by recession fears

December 19, 2022 02:53
Dollar lacks upside momentum due to lower Treasury yields

Greenback stays on the defensive nearly across the board

November 16, 2022 05:34
Investor sentiment improves, but gains limited

Investor sentiment improves, but gains limited

November 15, 2022 05:46
Dollar lacks upside momentum due to lower Treasury yields

Dollar licks wounds after plunge

November 14, 2022 05:05
  • Terms & Сonditions
  • Contact
Saturday, June 3, 2023
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equities struggle amid economic and China-related concerns

    Equities struggle amid economic and China-related concerns

    Stocks gain, dollar eases ahead of job market data

    Dollar pressured by positive risk sentiment in thin markets

    Investors spooked by strong US data

    Investors spooked by strong US data

    Risk demand reemerges cautiously, but caution remains in place

    Risk demand reemerges cautiously, but caution remains in place

    Market sentiment dented by recession fears

    Market sentiment dented by recession fears

    Investor sentiment improves, but gains limited

    Investor sentiment improves, but gains limited

    Risk sentiment keeps deteriorating, dollar climbs

    Stocks celebrate US inflation, dollar slumps

    Virus, US-China tensions hit global markets

    Market sentiment turns cautious amid events in the US

    Investors look indecisive ahead of another volatile week

    Investors look indecisive ahead of another volatile week

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
  • FUNDAMENTALS
    Equities struggle amid economic and China-related concerns

    Equities struggle amid economic and China-related concerns

    Stocks gain, dollar eases ahead of job market data

    Dollar pressured by positive risk sentiment in thin markets

    Investors spooked by strong US data

    Investors spooked by strong US data

    Risk demand reemerges cautiously, but caution remains in place

    Risk demand reemerges cautiously, but caution remains in place

    Market sentiment dented by recession fears

    Market sentiment dented by recession fears

    Investor sentiment improves, but gains limited

    Investor sentiment improves, but gains limited

    Risk sentiment keeps deteriorating, dollar climbs

    Stocks celebrate US inflation, dollar slumps

    Virus, US-China tensions hit global markets

    Market sentiment turns cautious amid events in the US

    Investors look indecisive ahead of another volatile week

    Investors look indecisive ahead of another volatile week

  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage
No Result
View All Result
FWNews - pulse of the forex market
No Result
View All Result

Home » Markets advance ahead of US inflation data

Markets advance ahead of US inflation data

by Stephen Soo
September 13, 2022 11:13
in Fundamental analysis
0
Global stocks struggle after a bearish week

Stocks are likely to stay volatile in anticipation of the Fed meeting

US stocks rose on Monday amid growing confidence that inflation has peaked. There is hope among investors that the August US consumer prices report due later today will show a negative reading month-on-month. The Dow Jones Industrial Average gained 0.71%, the S&P 500 rose 1.06% and the Nasdaq Composite added 1.27%. Stocks are likely to stay volatile ahead of the Fed meeting due on September 20-21 when the central bank is expected to deliver its third consecutive 0.75% rate hike.

Asian equities gained on Tuesday ahead of US inflation data. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6%, with South Korea’s stocks leading the gains as the Kospi rallied 2.75%. Japan’s Nikkei 225 advanced 0.25% and Australia’s S&P/ASX 200 index rose 0.5% after two reports showed consumer and business sentiment improved last month. The Shanghai Composite Index gained less than 0.1% and the Hang Seng in Hong Kong erased early gains to shed 0.2%.

In Europe, stock markets opened higher to start the session, mirroring the mood seen in US futures. The pan-European Stoxx 600 was up 0.3% in early trade. S&P 500 futures are up 0.4% in early pre-market deals in anticipation of the US CPI data later in the day. The report will set the tone for the rest of the day and the week.  Elsewhere, the UK’s August payrolls change came in at +71,000 (to a record 29.7 million) versus +73,000 prior while the jobless rate declined to 3.6%.

In currencies, the US dollar stays pressured on Tuesday, albeit holding around the 108.00 figure after yesterday’s brief dip towards 107.80. The USD index remains on the defensive amid the ongoing profit-taking after last week’s jump to fresh two-decade highs seen just below the 111.00 figure. As such, EURUSD retains a bullish bias, holding above 1.01 on Tuesday. However, the shared currency stays below nearly one-month highs seen around 1.02 at the start of the week.

Tags: ASX 200DollarDOW JONESEURUSDfedNasdaqNikkeiS&P 500Stoxx 600USUSD
Share4Tweet3
ADVERTISEMENT
Stephen Soo

Stephen Soo

Stephen's specialty is fundamental analysis. He graduated from the Booth School of Business, the University of Chicago. Stephen currently cooperates with several news agencies, and on FWNews he publishes macroeconomic news and reviews on brokerage companies.

Related Posts

Equities struggle amid economic and China-related concerns
Fundamental analysis

Equities struggle amid economic and China-related concerns

December 29, 2022 08:55
16
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Currencies stuck in ranges as New Year holiday looms

December 28, 2022 07:01
12
Stocks gain, dollar eases ahead of job market data
Fundamental analysis

Dollar pressured by positive risk sentiment in thin markets

December 27, 2022 04:50
12
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar tries to shrug off the pressure

December 26, 2022 05:13
12
Investors spooked by strong US data
Fundamental analysis

Investors spooked by strong US data

December 23, 2022 11:55
11
Dollar lacks upside momentum due to lower Treasury yields
Technical analysis

Dollar back under pressure after short-lived relief

December 22, 2022 05:17
16

Leave Your Opinion Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Dollar lacks upside momentum due to lower Treasury yields

Dollar bulls back in the game

December 30, 2021 06:06
10
Euro struggles below three-month highs, yen demand persists

Euro rallies across the board on dollar weakness

June 23, 2020 09:15
12
Should the US jobs data disappoint again, the greenback will have to give up some of the recent gains

Markets as a loss, euro remains under pressure across the board

April 2, 2020 12:40
20

Ads

Shneider Electric

Most Popular

A slow start to the week in FX markets
Technical analysis

Dollar regains ground to start the week

January 25, 2021 07:25
118
A slow start to the week in FX markets
Technical analysis

Greenback advances modestly amid strong data

May 28, 2021 07:38
110
Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war
News

Kim Jong Un reportedly says his nuclear weapons guarantee there will be no more war

July 28, 2020 08:29
95
FWNews

Copyright © 2022 FWNews

  • Terms & Сonditions
  • Contact
No Result
View All Result
  • FUNDAMENTALS
  • TECHNICALS
  • Interest Rates
  • Economic calendar
  • Backstage

Copyright © 2022 FWNews