A Bear Rally Amid Hopes (again) of an Inflation Peak

Wednesday 19th October 2022NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABEquity markets have managed to climb again in the US, supported by earnings results, although NAB’s Ray Attrill describes it as a bear rally. There is still plenty of uncertainty around, evidenced by moves in bonds, in all directions. The BoE drove some of the movement when they announced they would resume bond purchases next month, on schedule, despite the diversion last week. New Zealand’s inflation numbers yesterday surprised on the upside, which begs the question, will we see the same with CPI for the UK and Canada today?  Hosted on Acast. See acast.com/privacy for more information.