Invesco US’ Post

Recent data reports have delivered mixed messages to market watchers. On the bright side, US industrial production rose more than expected, and UK stocks showed strength in the face of some sticky inflation. But new projections showed that the US deficit is increasing, and rising crude oil prices could have an impact on goods inflation. In Kristina Hooper's latest #WeeklyMarketCompass, she breaks down what this means for US and global markets. https://ow.ly/FU7i30sEGg2

Recent data reports have delivered mixed messages to market watchers. On the bright side, US industrial production rose more than expected, and UK stocks showed strength in the face of some sticky #inflation. But new projections showed that the US deficit is increasing, and rising crude oil prices could have an impact on goods inflation. In Kristina Hooper's latest #WeeklyMarketCompass, she breaks down what this means for US and global markets. https://inves.co/3XHicDc

Recent data reports have delivered mixed messages to market watchers. On the bright side, US industrial production rose more than expected, and UK stocks showed strength in the face of some sticky #inflation. But new projections showed that the US deficit is increasing, and rising crude oil prices could have an impact on goods inflation. In Kristina Hooper's latest #WeeklyMarketCompass, she breaks down what this means for US and global markets. https://inves.co/3W1tgbV

Recent data reports have delivered mixed messages to market watchers. On the bright side, US industrial production rose more than expected, and UK stocks showed strength in the face of some sticky #inflation. But new projections showed that the US deficit is increasing, and rising crude oil prices could have an impact on goods inflation. In Kristina Hooper's latest #WeeklyMarketCompass, she breaks down what this means for US and global markets. https://inves.co/3zj9mS1

Last week brought both good and bad news for market watchers. On the bright side, US industrial production rose more than expected and UK stocks showed strength in the face of some sticky inflation. However, new projections showed that the US deficit is increasing and rising crude oil prices could have an impact on goods inflation. Read more about this in our #WeeklyMarketCompass here - https://inves.co/4cFcl5m #GlobalEconomy #InvescoMutualFund #InvescoIndia

Bond markets not thrilled with a hotter than expected US PCE deflator despite slower than expected US GDP growth. Always remember, the 5-yr bond yield tends to be driven more by US data than Canadian data. Could see some upward movement in 5-year fixed rates if this holds.

AB of Global Markets Updates July 31 2023: 9. US data on Friday:  PCE price index up 0.2% in June; up 3.0% year-on-year Core PCE price index up 0.2%; up 4.1% year-on-year Labor costs increase 1.0% in second quarter.

📢 HedgeTalk: The US Economy Grows More Than Expected Take a look at some of this week's headlines: ▪US crude inventories unexpectedly rise. ▪Ethanol extends losses. ▪US stocks rise on dovish Fed, GDP figures. ▪The US 10-year Treasury yield remains at a 2-month low. ▪The US goods trade deficit widens as exports fall. By: John Trefethen, Director & Co-Founder at HedgeStar #commodities #currencies #interestrates Check out the full article for this week: https://lnkd.in/g5MPxT2x

Global-Market Insights -The US markets were flat to positive on Friday before the extended vacation, with the Nasdaq hitting yet another record high -S&P500 up 37 points, Nasdaq 185 -US markets are closed today for the Memorial Day holiday US markets are closed today for the Memorial Day holiday -The US 10Y bond yield fell one bps to 4.47%, while 2Y rose 1.5 basis points to 4.95% -Oil prices bounce back from three-month lows but book a loss for the week, Brent crude oil up $1 to $82.22 bbl This week focus will be on the US PCE Index, speeches by several Fed officials -Also, the focus will be on the 2nd estimate of the US Q1 GDP -India will release GDP data on Friday