After Thursday’s US consumer price index (CPI) reading, the lowest recorded in a year, investors increased their bets that the Federal Reserve will reduce its rate hike from 50 basis points in December to 25 basis points at its next meeting on February 1, 2023.
On the macro front, this week’s main focus is on US inflation, the last Consumer Price Index data before the first Federal Reserve meeting of 2023 on January 31-February 1. Prior the release of the data, Fed members Mary Daly and Raphael Bostic stated on Monday on separate events that they expect an interest rate …
December data CPI for Germany and France showed a slowing YoY inflation pace.
Quick overview of the 2023 meeting schedule of some of the well-known central banks (Federal Reserve, European Central Bank, Bank of England and Bank of Japan).
The Federal Reserve announced a 50 basis points rate increase yesterday at its December meeting to tame inflation. This half a percentage point rate hike was highly expected by the markets.
Today’s focus on the macro front is on the euro area inflation data. Inflation remains well above the ECB’s 2% target.
Recent macroeconomic reports show that US inflation could be slowing. Hopes that the Federal Reserve may be less aggressive in its December meeting are growing.
Both the US headline and core inflation data increased less than expected by economists. According to the US Bureau of Labor Statistics, the CPI slowed to 7.7% year-over-year in October 2022.
The Federal Reserve raised the funds rate by 75 basis points in its November 2022 meeting. This quarter-point hike was highly expected and brought the Fed’s benchmark to a target range of 3.75% – 4.00%.
US GDP annualized QoQ 3Q 22 advance was released today at 2.6% versus a 2.4% forecast.
Aleph Finance is a trading name of UCapital Asset Management LLP.
UCapital Asset Management is authorized and regulated by the FCA – Financial Conduct Authority – with registration number 477155.
UCapital Asset Management LLP is authorized as third country firm without a branch by CONSOB with registration number 54.
Registered Company number OC333807.
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.
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.
