Market Overview

US CPI

This week’s main focus is on the US Consumer Price Index (CPI) in August, the last significant figure for the US economy ahead of the Federal Reserve meeting on September 20-21.

ECB

The Governing Council raised the three key ECB interest rates by 75 basis points at its September 2022 meeting, from a 50 bps hike in July.

Nonfarm payroll

The latest official data on employment to assess the labor market situation ahead of the Fed’s September 20-21 meeting.

Euro area PMI

All eyes are on the Purchasing Managers’ Index (PMI), a good indicator of the economic condition amidst a situation where demand is weakening and inflation is skyrocketing.

UK Economy

The cost of living crisis in the UK is making itself felt more and more, and some experts have warned that recession could come sooner than expected. Recent data has shown a further weakening of the British economy.

US CPI

All eyes on the US Consumer Price Index. According to the New York Fed survey of consumer expectations in July, Americans expect inflation to decline to 6.2% over the next year, from 6.8% in the June survey result, and to 3.2% over the next three years, from 3.6%.

FED

Last week the focus was on the ECB raising its three key interest rates by 50 basis points. This week it’s the Federal Reserve’s turn. Days prior to the Fed’s policy statement, markets were pricing in another 75 basis point increase in the benchmark rate, same as at the June meeting.

ECB

Europe is in a pressing situation. Inflation is running high as the war in Ukraine persist, exacerbating the rise in prices, especially energy and food. CPI in the euro area increased to an all-time high of 8.6% in June 2022.

US Retail Sales

Following Wednesday’s higher-than-expected CPI data in the US, markets were considering the possibility of a full percentage point increase at the July Fed meeting.

US CPI

Market fears appear to be proliferating in a highly uncertain environment. The main concerns relate to the impact of the Fed’s aggressive rate hikes on US growth, the energy crisis in the Euro area and the possibility of a new lockdown in China.

Which kind of customers are you?

EnglishFrenchItalianSpanish

You are an individual private investor or a small charity, small trust or small organisation.


The basis on which you access this site
The material on the Retail Client section of alephfinance.com website is aimed at residents of the UK only. Products and services mentioned on this site are subject to UK legal and regulatory requirements and are not available in any jurisdictions other than the UK.
The material on the website is for information only and is not an invitation to subscribe for units or shares in any funds described herein nor is it investment advice or investment recommendation. Nothing on this site should be construed as investment advice or investment recommendations. We highly recommend that you obtain appropriate professional investment advice before making any investment decisions.
We draw your attention to the “Legal Documents” page of our web site. This can be found at the top of each page. This section contains important information about the terms under which you use this web site, risk warnings and other important information. Please access and read this Important Information section.
Past performance is not a guide to future returns. The value of investments and any income from them is not guaranteed and may fall as well as rise and the investor may not get back the original amount invested.

Aleph Finance is a trading name of Pairstech Capital Management LLP.
Pairstech Capital Management LLP is authorized and regulated by the FCA – Financial Conduct Authority – with registration number 477155.
Pairstech Capital Management LLP is authorized as third country firm without a branch by CONSOB with registration number 54.
Registered Company number OC333807.

You are an approved or exempt intermediary selling or recommending financial products to clients.


The basis on which you access this site
The material on the Professional Client section of alephfinance.com website is aimed at professional financial advisers of the UK. Products and services mentioned on this site are subject to UK legal and regulatory requirements and are not available in any jurisdictions other than the UK.
Information on the Professional Client section of our website will not be fully compliant with the Financial Conduct Authority (FCA) disclosure requirements relevant to private investors or retail clients.
If you are a private investor you must not access this area of our website. Please select the Retail Client option from our welcome screen.
We draw your attention to the “Legal Documents” pages of our web site. This can be found at the top of each page. This section contains important information about the terms under which you use this web site, risk warnings and other important information. Please access and read this Important Information section.
Past performance is not a guide to future returns. The value of investments and any income from them is not guaranteed and may fall as well as rise and the investor may not get back the original amount invested.

Aleph Finance is a trading name of Pairstech Capital Management LLP.
Pairstech Capital Management LLP is authorized and regulated by the FCA – Financial Conduct Authority – with registration number 477155.
Pairstech Capital Management LLP is authorized as third country firm without a branch by CONSOB with registration number 54.
Registered Company number OC333807.

You are here on behalf of a fund management group, pension fund or other institutional investor.


The basis on which you access this site
The material on the Institutional section of alephfinance.com website is aimed at professional financial advisers of the UK. Products and services mentioned on this site are subject to UK legal and regulatory requirements and are not available in any jurisdictions other than the UK.
Information on the Institutional section of our website will not be fully compliant with the Financial Conduct Authority (FCA) disclosure requirements relevant to private investors or retail clients.
If you are a private investor you must not access this area of our website. Please select the Retail Client option from our welcome screen.
We draw your attention to the “Legal Documents” pages of our web site. This can be found at the top of each page. This section contains important information about the terms under which you use this web site, risk warnings and other important information. Please access and read this Important Information section.
Past performance is not a guide to future returns. The value of investments and any income from them is not guaranteed and may fall as well as rise and the investor may not get back the original amount invested.

Aleph Finance is a trading name of Pairstech Capital Management LLP.
Pairstech Capital Management LLP is authorized and regulated by the FCA – Financial Conduct Authority – with registration number 477155.
Pairstech Capital Management LLP is authorized as third country firm without a branch by CONSOB with registration number 54.
Registered Company number OC333807.

For further information, please read our Legal Documents.