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. 

Global indexes were back in the red again last week with S&P 500 down by -0.9% WoW and MSCI Asia ex-Japan down by -3.7% WoW, as inflation came in higher than expected on the previous week. 

US equity indexes posted modest gain last week (S&P +1.9% and DJI +0.8% WoW), reversing the negative trend in the previous week. Large communication services, consumer discretionary, and information technology sectors performed best within the index. 

Global indexes were in the red zone as recession fear led risk assets (stocks, commodities) declined, but ‘safe-haven’ assets such as treasuries gained this past week. US Index edged lower after the last week rebound with S&P 500 and Dow Jones down by -2.2% and -1.3%WoW, respectively. 

Global indexes closed higher last Friday ending the three consecutive weeks of losses with S&P 500 and Dow Jones up by +6.4% and +5.4% WoW, respectively. Fed Chairman Jerome Powell highlighted that a soft landing had become “very challenging,” suggesting that getting inflation under control could lead to a recession,…

Global indexes were closed lower last Friday and US indexes booked losses for three consecutive weeks (S&P and Dow Jones down by -5.8% and -4.8% WoW respectively). Investors were worried about economic slowdown in the midst of high inflation environment.

US equities had a risk-off session including after the hotter CPI print, whereby S&P and DJI plunged by -5.1%WoW and -4.6%WoW, respectively. Meanwhile MSCI Asia ex-Japan slightly gained by +0.5%WoW as MSCI China rose by +6.1%WoW, the only major market in Asia rising. 

Most equity indexes were closed higher last week with US indexes recovered some of the previous weeks' losses (S&P and DJI up by +2.0% and +1.6% WoW respectively) post the release of inflation data. US PCE index in Apr-22 rose just 0.2% MoM, the smallest monthly increase in a year…