Economic events

Assess the risk/reward for the market through 2023, even if a recession awaits us

Assess the risk/reward for the market through 2023, even if a recession awaits us

In a year of slippery markets, the tape proved surprisingly sticky. Of course, the indices lost ground last week, with the S&P 500 slipping 3.4% exactly from the perch that skeptics would have bet, the level just above 4000 that marked the unseen but so far impenetrable from January 3rd. market peak. Still, where it …

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Dow has worst week since September as investors anticipate CPI and Fed meeting

Dow has worst week since September as investors anticipate CPI and Fed meeting

It’s been a bumpy week for stocks. The market came under pressure at the start of the week as investors worried that the elevated wage pressure seen in the November jobs report could push the Federal Reserve to raise interest rates higher than scheduled for next year to fight inflation. After a brief midweek respite, …

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A critical inflation report could be key in the week ahead as the Fed meets

A critical inflation report could be key in the week ahead as the Fed meets

The Federal Reserve’s policy meeting is the big event for the week ahead, but Tuesday’s consumer inflation report could have more influence on markets and even help set the central bank’s agenda. . The consumer price index is unlikely to have an impact on the Fed’s decision to raise rates by the widely expected half-percentage …

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UK announces major overhaul of its financial sector in a bid to boost growth

UK announces major overhaul of its financial sector in a bid to boost growth

One Canada Square in the heart of the Canary Wharf financial district between the Citibank building and the HSBC building on October 14, 2022 in London, United Kingdom. Mike Kemp | In pictures | Getty Images The UK government on Friday announced sweeping financial regulatory reforms that it says will overhaul EU laws that ‚Äústifle …

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Hong Kong stocks briefly climb 2%;  China releases inflation data in line with expectations

Hong Kong stocks briefly climb 2%; China releases inflation data in line with expectations

Hong Kong movers: Real estate and tech stocks rise as optimism reopens CNBC Pro: Wall Street says a recession is coming. An investment pro names her favorite stocks to resist Wall Street pros are increasingly sounding the alarm about an impending recession. As economic growth slows and inflation stays high for longer, how should investors …

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Here are 4 money moves you should make to set yourself up for financial success in 2023

Here are 4 money moves you should make to set yourself up for financial success in 2023

As the end of the year approaches, it may be time to reassess your finances. This year has been marked by record inflation and multiple interest rate hikes. As the Fed attempts to rein in inflation by raising interest rates, there is a strong possibility that the economy will teeter into recession in the coming …

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China further eases Covid restrictions;  Hong Kong travel stocks rise

China further eases Covid restrictions; Hong Kong travel stocks rise

China lifts negative test requirement for interregional travelers Inter-regional travelers in China will no longer need to show negative test results for Covid, according to a statement from the National Health Commission. Areas that are not designated as high-risk cannot stop work or production, the notice says. Covid patients without symptoms can also choose to …

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Oil plunge, tech meltdown and Fed cuts?  Strategist shares possible market "surprises" in 2023

Oil plunge, tech meltdown and Fed cuts? Strategist shares possible market “surprises” in 2023

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …

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Asia-Pacific Markets Rise, Japanese Yen Strengthens as Fed Signals Lower Rises

Asia-Pacific Markets Rise, Japanese Yen Strengthens as Fed Signals Lower Rises

Japanese yen strengthens after Powell’s comment on small bulls Temasek’s $245m FTX loss ‘damaged reputation’ of Singapore, Deputy PM says Singapore’s Deputy Prime Minister Lawrence Wong says the state’s sovereign wealth fund’s loss of $275 million investment in collapsed crypto exchange FTX is “disappointing and has caused reputational damage” of the city-state. But the loss …

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Hong Kong stocks lead losses in Asia on unrest in China, oil at 2022 low

Hong Kong stocks lead losses in Asia on unrest in China, oil at 2022 low

Indian stocks hit all-time highs Indian stocks hit new highs in Monday’s session. The Nifty 50 Index, the flagship index of the National Stock Exchange of India, reached 18,611.05, surpassing the previous intraday high of 18,604.45 seen on October 19, 2021. The Sensex reached 62,690.39 during the morning session in India, also surpassing previous record …

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