Markets Today with Neo – 16 Feb 2023

Markets Today with Neo – 16 Feb 2023

By Neofytos Hadjineofytou

Watch a quick summary of the financial market news from the DB Investing Research and Analysis team below.

Market Update 16/02/2023

USD PPI – Producer Price Index – As mentioned yesterday The PPI data release will be released today.

A leading indicator of consumer inflation, closely correlated with consumer spending.

USD Unemployment claims – the number of people filing for unemployment is an important signal of overall economic health.   Also, the Feds are closely monitoring this data, it gives them a better understanding of consumer spending.

We will emphasize ECB Lagarde speech.

 Lagarde speech caused an uptrend in the European equity (indexes as well) market and it will probably continue depending of course on the market situations.

President Lagarde stated Yesterday:

  • Intend To Raise Rates By 50 Bps in March
  • We Will Take the Necessary Measures to Tame Inflation
  • Wages Are Growing Faster

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