Bastion TradingMarket Wrap (Week of November 28th, 2022)Fed Chair Powell Weekly Market Wrap said on Wednesday that smaller interest rate increases are likely ahead despite believing that monetary…2 min read·Dec 5, 2022----
Bastion TradingMarket Wrap (Week of November 21st, 2022)Fed November meeting minutes indicated a potential slowdown in tightening as there were concerns over the uncertain lags and magnitudes…3 min read·Nov 29, 2022----
Bastion TradingMarket Wrap (Week of November 14th, 2022)US retail sales grew 1.3% m/m in October vs 1% estimate, signaling that US consumers are still spending despite Fed’s efforts to cool the…3 min read·Nov 21, 2022----
Bastion TradingMarket Wrap (Week of November 7th, 2022)US October CPI Weekly Market Wrap came in lower than expectations at 7.7% y/y vs 7.9% estimate. Stripping off volatile food and energy…3 min read·Nov 14, 2022----
Bastion TradingMarket Wrap (Week of October 31st, 2022)Federal Reserve raised rates by another 75bps, in line with what markets expected for November’s Weekly Market Wrap meeting. Markets…3 min read·Nov 7, 2022----
Bastion TradingMarket Wrap (Week of October 24th, 2022)US GDP grew 2.6% q/q in Q3, beating 2.4% estimate and had reversed two consecutive quarters of contraction. PCE data came in at +0.5% m/m…3 min read·Oct 31, 2022----
Bastion TradingMarket Wrap (Week of October 17th, 2022)Market sentiment improved slightly as some Fed officials were concerned about the pace of rate increases and were starting to worry about…3 min read·Oct 24, 2022----
Bastion TradingMarket Wrap (Week of October 10th, 2022)US September CPI print came in at +8.2% y/y, slightly hotter than +8.1% estimate. Stripping off volatile food and energy prices, core CPI…3 min read·Oct 17, 2022----
