Market in Review 23/2/2024

MARKET REPORT

Review:
– Dollar finishes down on week. 1st of 2024
– Best week for Bullion in 2024
– NVIDIA reaches 2T in mkt cap.
– Fed: Waller was hawkish, Cook and Williams towed the usual Fed line
– JPM’s Dimon sells 822kk shares (around $150m)
– US unveil 500 more Russian sanctions on 2yr anniversary of war
– Warner Bros Discovery -10%
– Treasury Yields down (long end)
– Overall quiet & unremarkable session

Market in review 2/15/2024

MARKET REPORT

Review:           
– Retail Sales drops. Exp -0.1% Actual -0.8%
– Initial Jobless, Philly Fed and NYS Manuf stronger
– Industrial Production weaker
– UK GDP weaker Exp -0.1% Actual -0.3%
Japan & UK enter technical recessions
– AAPL readies AI tool to rival MSFT’s Github copilot
– Israel kills Hezbollah leader. Hez vows revenge
– Fed pricing is ultimately little changed after some of the ramped rate cut pricing post-retail sales faded through the session with still under 100bps of cuts implied for 2024 by money markets