Global indexes were hammered last week with S&P 500 down by -4.8% WoW and MSCI Asia ex-Japan down by -2.7% WoW, on the back of higher than estimated August inflation number.

Global indexes were closed higher last week with US indexes snapped their three straight weeks of losses (SPX +3.6% WoW and DJI +2.7% WoW). US indexes rebounded sharply likely on technically oversold conditions as investors appeared to have priced in a larger rate hike in September.

Global indexes were mixed last week with US indexes tumbled more than -4% WoW on the back of Powell’s Jackson Hole speech that was more hawkish than expected, while MSCI Asia ex-Japan was up by +0.2% WoW. 

Global indexes closed lower last Friday with US indexes snapping four weeks win streaks (S&P500 and Dow Jones down by -1.2% and -0.2% WoW respectively). 

Global indexes continued to gain across the board, with S&P500, DJI, and MSCI Asia ex-Japan up by respectively, +3.3%WoW, +2.9%WoW, +0.6%WoW. 

Global indexes closed higher last week with S&P 500 by +0.4% WoW and MSCI Asia ex-Japan up by +0.9% WoW on ‘peak-inflation, peak-hawkishness’ theme despite an escalation in geopolitical tensions in the Taiwan cross straits. 

Global indexes mostly closed higher last week with Dow Jones and S&P each up by +3.0% and +4.3% WoW respectively. US stocks rallied on Thursday after 2Q22 GDP showed that U.S. economy had contracted by 0.9%. 

Global indexes rallied across the board, with S&P 500, Dow Jones, and MSCI Asia ex-Japan, up by +2.5%WoW, +2.0%WoW, +2.4%WoW, respectively. Some investors expect that peak inflation might be finally at this point.