MARKET TALK
Traders Market Weekly: Robots, Dribbler Enthusiasm and Short Squeezes
Traders Market Weekly: Inflation and Bear Market Rallies
Traders Market Weekly: Jobs and Central Bankers
Traders Market Weekly: The Fed, Weed and Guns
Traders Market Weekly: Crowd Psychology with Rising Rates and Housing
CENTRAL BANKS
Lira Collapse Continues After Turkey Central Bank Shocks with Another 100 bp Cut
Norway Raised Interest Rate by 50bps with More Hikes Likely While Inflation Rampant
Banco de México Raised Rates for 10th Straight Time to 8.50% as Inflation Hits 22 Year Highs
Cleveland Fed Mester Says Interest Rates Above Four as Appropriate
Bank of England Raises Interest Rates Sixth Time to 13-year High 1.75%
COMMODITIES
Wheat Futures Prices Lower after WASDE Raised Estimates for All-Wheat Yield
Soybean Futures Higher Despite WASDE Record Soy Output and Yield Estimate
Corn Futures Rally After WASDE Cuts Corn yield Forecast
Baltic Dry Index Slide Continues for Fourth Consecutive Week
Tyson Foods Chickens Came Home to Roost as Operating Margins Contract
EARNINGS REPORTS
Applied Materials Profits Beat Expectations, Raises Guidance
Walmart Revenue Rose as it Gained Market Share in Groceries and Private Labels
Home Depot Raises Guidance as Higher Prices Offset Lower Transaction Volume
Saudi Aramco Profit Soars 90pc to Record $US48.4 billion
Can Home Depot Deliver Record Sales and Raise Guidance and Margins Again?
ECONOMY
German Annual Producer Inflation Record High 37.2% in July with Natural Gas +163.8% and Electricity +125.4%
Lira Collapse Continues After Turkey Central Bank Shocks with Another 100 bp Cut
US Existing Home Sales Fall for Sixth Straight Month in July to 26 Month Low
Norway Raised Interest Rate by 50bps with More Hikes Likely While Inflation Rampant
Baltic Dry Index Slide Continues for Fourth Consecutive Week
ENERGY
German Annual Producer Inflation Record High 37.2% in July with Natural Gas +163.8% and Electricity +125.4%
Into The Vortex – EIA Reports Natural Gas Storage Build of +18 Bcf
Around The Barrel – Crude Oil Drew -7.056Mbbls and Gasoline -4.642Mbbl with a Snapback in Implied Gasoline Demand
Saudi Aramco Profit Soars 90pc to Record $US48.4 billion
Into The Vortex – EIA Reports Natural Gas Storage Grew 44 Bcf Heading into Key Hurricane Season
FOREX
Lira Collapse Continues After Turkey Central Bank Shocks with Another 100 bp Cut
Forex Weekly Outlook – Commodity Currencies Surge on Peak Inflation Theories
Emerging Markets Longest Streak of Withdrawals Ever with Risk Spread Contagion
Forex Weekly Outlook – US Dollar Surge Reversed in July vs JPY, CHF, CAD, AUD and NZD
Australian ASX 200 Snaps Three Month Losing Streak in July with Aussie at Six Week High
STOCKS
Applied Materials Profits Beat Expectations, Raises Guidance
Walmart Revenue Rose as it Gained Market Share in Groceries and Private Labels
Home Depot Raises Guidance as Higher Prices Offset Lower Transaction Volume
US Weekly IPO and SPAC Monitor: B2B Marketplace GigaCloud, Technology PaxMedica, Graphex and Innovative Eyewear
Saudi Aramco Profit Soars 90pc to Record $US48.4 billion
TECHNOLOGY
Micron Following NVidia Guides Lower Again on Weakness from China, Smartphones and PCs
Gaming Heavyweight Take-Two Impacted by Zynga Acquisition, Bearish FY23 guidance
SoftBank lost $23.4 Billion in Q2 with a Record Vision Fund $17.28 Billion Loss
Twilio Spooks Investors with Lightest Quarter of Growth in Over Five Years
