JASPER’S MARKET SQUAWK 12-07-2023

Key Factors for Today

Global equities closed in the green, with the dollar under pressure from lower bond yields. Markets were seen waiting for the much-anticipated release of US CPI figures today and the unofficial start of earnings season at the end of the week.

Chart: XWTI

The chart for XWTI shows positive movement, indicating a bullish trend in the market.

As investors eagerly await the release of US CPI figures and the start of earnings season, there is a sense of cautious optimism in the air. The positive movement in global equities is a good sign for the market, but the pressure on the dollar from lower bond yields is something to keep an eye on.

It will be interesting to see how the key US data will impact the market in the coming days, as well as how earnings season will unfold. Stay tuned for more updates as the week progresses!

How will this affect me?

As an individual investor, the positive movement in global equities and the pressure on the dollar could have a direct impact on your portfolio. Keep an eye on US CPI figures and earnings reports to make informed investment decisions.

How will this affect the world?

The performance of global equities and the US dollar has a ripple effect on the world economy. Any significant changes in these markets could impact trade, inflation rates, and overall economic stability on a global scale. It is important for policymakers and investors around the world to monitor these developments closely.

Conclusion

With global equities closing in the green and the dollar under pressure, the market is poised for an interesting week ahead. Keep a close watch on US CPI figures and earnings reports to navigate the market effectively. Remember to stay informed and make well-informed decisions in this dynamic economic environment.