Johannesburg Office
Block 16 B
Willowbrook Office Park
Van Hoof Street, Ruimsig
Johannesburg, 1724
Willowbrook Office Park
Van Hoof Street, Ruimsig
Johannesburg, 1724
U.S. stocks recorded another week of losses as investors are becoming increasingly doubtful that the Federal Reserve will be able to achieve a “soft landing” for the economy by raising rates enough to reel in inflation without causing a recession.
On Wednesday, the United Nations General Assembly overwhelmingly voted to reprimand Russia for invading Ukraine and demanded that Moscow stop fighting and withdraw its military forces.
The risk of conflict on the Ukrainian border continues to dominate headlines and drive investor sentiment.
Stock market volatility continued this week despite recording positive gains.
All eyes were on the U.S. this week as the Fed’s monetary policy committee held their January meeting.
Wall Street's main indexes ended sharply lower for the week, the technology-focused Nasdaq posted its worst week since 2020, after dropping nearly 7.5% in the holiday-shortened week as government bond yields surged with the benchmark 10-year Treasury yield trading above 1.9% during the week.
Market volatility continued into the second week of 2022, with inflation concerns at the forefront.
Markets started 2022 with noticeable volatility after the U.S. Federal Reserve’s minutes revealed a more hawkish stance towards interest rate hikes this year compared to market expectations.
Cape Town Office
Unit C, 4th Floor
Hill House
43 Somerset Road, Green Point
Cape Town, 8005
Hill House
43 Somerset Road, Green Point
Cape Town, 8005