Insights

The 12-month CPI reported last week came at 2.50%, that's -40 bps since July and the lowest reading in the last 41 months.

August 2024 was a volatile month for global financial markets, primarily driven by uncertainty surrounding central bank policies, geopolitical tensions, and economic data.

The July 2024 CPI reported last week will likely increase the Fed’s confidence that inflation is on the way to its 2% target.

In July 2024, global financial markets experienced heightened volatility driven by economic indicators and geopolitical tensions.

The battle for the most valuable company in the world has been on fire over the last 3 weeks, with Microsoft, Nvidia and Apple exchanging places almost on a daily basis.

As summer sets in, the economy and labor market are showing signs of gradual normalization. This comes as economic growth continues, albeit more in line with easing inflation pressures, and major central banks begin to lower interest rates.

Nvidia went public on January 22, 1999, offering its shares at $12 and raising $40 million in its IPO, giving the company a valuation of around $625 million at that time.

The world's second-largest economy expanded by 5.3% compared to the previous year

US inflation rose more than expected in March, both headline and core inflation.

If the goals materialize, we could definitively see these levels on the HK50 as a potential buying opportunity.

A significant drop in economic activity that spreads across the economy and lasts for more than a few months

The first quarter of 2023 has been a good quarter for equities. The benchmark S&P500 index was up +7.03% in the first three months.