Market Report for Nov 03 2022
Mixed reactions to earnings yesterday but of course the headline was the rate hike and Powell’s words of wisdom.
“It is premature to be thinking about pausing”. Those words saw the Dow Jones Industrial Average market react with a 2% swing during the period Powell took questions.
Today is the turn of the BoE and then tomorrow we have NFP.
Enjoy the prekend.
Let’s go trade!