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Market Reports

7:22am, January 16th 2023

Markets Buoyant as Risk Appetite Remains Firm

As we get further into the new year, financial markets have been propped up by improving risk appetite, as investors begin their own pivot in favour of less aggressive monetary from global central banks. Equity markets, especially indices in Europe, have risen strongly despite the ongoing economic and geopolitical concerns.

Last week’s US inflation data renewed hope for an extended move down towards 2% inflation eventually. This has ensured speculators continue to wage bets in favour of a successful outcome for the Federal Reserve. This week sees US retail sales data for December released. Another drop is expected which would suggest the recent rate rises are having a impact.

Elsewhere, the World Economic Forum will be taking place in Davos, China sees a deluge of data released, company earnings reports will continue, and the Bank of Japan will make a monetary policy announcement.

Have a good week.

Written by Viv Savani. 7:22am, January 16th 2023

The details expressed in this market report are for information purposes only and are not intended as a solicitation for funds or a recommendation to trade. Cornhill International Payments limited accepts no liability whatsoever for any loss or damages suffered through any act or omission taken as a result of reading or interpreting any of the above information.

Previous Reports

6:48am, January 18th 2023

UK Inflation in Focus

View Report
7:49am, January 31st 2023

Markets Mildly Risk-Off

View Report
6:53am, January 19th 2023

Weak US Data Pushes the Greenback Lower

View Report

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