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Last week saw the release of revised US GDP figures for the final quarter of 2022. GDP was revised downwards to a 2.7% increase from its first estimate of 2.9% in Q4, writes Ian Slattery.
Last week saw the release of US inflation figures for the month of January, writes Ian Slattery.
Last week saw a more cautious approach to US equities as concern over Federal Reserve policy and discouraging corporate earnings caused equities in the US to retreat from their recent gains, writes Ian Slattery.
US equities posted further gains last week, finishing the week up 2.1% in euro terms, writes Ian Slattery.
Last week saw somewhat of a variable week for equities as several indicators proved to shift investor sentiment. US stocks lost -0.6% last week in euro terms, writes Ian Slattery.
US equities ended a stellar week of gains last Friday, up 2.0% in euro terms. Much of the optimism resulted from a lower-than-expected inflation figure for December, writes Ian Slattery.
The recent market rally in US equities stalled last week on the back of strong economic indicators which did little to dampen inflation expectations, writes Ian Slattery.
US equities finished the week in positive territory on the back of hopes that the Federal Reserve is beginning to slow its monetary tightening policy, writes Ian Slattery.
Last week saw the Federal Reserve raise rates by 75 basis points. A move that was widely expected yet remains to be the latest instalment in the fastest set of rate hikes by the Fed in recent times, writes Ian Slattery.
Markets saw choppy trading last week as sentiment swung between poor earnings from tech companies to optimism over a more dovish Fed on the back of a slowing economy, writes Ian Slattery.