28th November 2022

  • Powell to Set Stage for Slowing Fed Rate Hikes Amid Hawkish Tone

Fed chair could stress need to bring labor market into balance

Markets pricing a 50 basis-point December move and higher peak

https://blinks.bloomberg.com/news/stories/RLWPCSDWRGG1

  • The Treasury Market’s Big Recession Trade Is Gathering Momentum

Investors see rates lower over longer term even as Fed hikes

Slew of key data coming up on jobs, manufacturing, inflation

https://blinks.bloomberg.com/news/stories/RLTAOXDWRGG0

  • Oil Plunges to Lowest Since 2021 as China Unrest Rattles Market

Demonstrators in key cities protest against strict Covid curbs

Mobility data show drop in activity as WTI tumbles toward $74

https://blinks.bloomberg.com/news/stories/RM1R1OT1UM0W

  • US Shoppers Kick Off Holiday Season With Muted Black Friday

Heavy discounts to clear inventory appear to draw small crowds

‘I have to spend more for it to look the same,’ shopper says

https://blinks.bloomberg.com/news/stories/RLYX18DWLU68

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