Weekly Report | 25 April 2022
Investors started to observe Bloomberg’s survey for the next May’s FOMC meeting, which projects an increase to the Fed’s benchmark rate by 50 bps to 0.75%-1.00%.
Daily Report | 25 April 2022
In the next four trading days, investors will pay close attention to the 1Q22 financial releases for the banking and consumer sectors, as well as the dividend cum date of a number of issuers, amid speculations of a 75 bps FFR hike for the June and July periods.
Selective Buy Action FR0091
Market participants are watching the volatility of the United States bond market, after the International Monetary Fund (IMF) cut its global growth projections for 2022 and 2023, making investors selective about their interest in safe haven instruments.
Daily Report | 22 April 2022
Investors are keeping a close eye on the Bloomberg survey for the FOMC meeting next May, which projects a 50 bps rate hike to 0.75%-1.00% (Vs. Prev. 0.25%-0.50%).
Sentiment for Economic Growth Revision
Investors also responded negatively to the International Monetary Fund (IMF), which cut its projections for world economic growth in 2022 and 2023, each to only grow 3.6% YoY. This figure is lower than January 2022 projections of 4.4% YoY and 3.8% YoY.
Daily Report | 21 April 2022
Investors are looking forward to the release of the 1Q22 performance of a number of banking and consumer issuers, and the dividend pay-out sentiment. Today, NHKSI Research projects the JCI to move upward in the range of 7,150-7,300.
The Surplus in the Trade Balance Supports the SUN Market
Market participants also anticipate BI’s Dovish stance, maintaining the April BI Seven Days Reverse Repo Rate at 3.50%. On the other hand, yesterday’s SUN movement was in the midst of the 10-year US Treasury yield approaching the psychological level of 3%.
Daily Report | 20 April 2022
Investors are starting to look forward to the release of the 1Q22 performance of a number of banking issuers starting this week. NHKSI Research projects that the JCI will move downward within a range of 7,150-7,300.
Profit Taking ahead of BI’s RDG Results
Market participants are keeping an eye on BI’s Dovish stance, which will only increase the BI 7-DRRR if there is an increase in fundamental inflation, where the indicator is an increase in core inflation.
