Weekly Market Review 1st of August 2022

Tuesday 02 August 2022

Weekly market review

  • Markets: US stocks performed quite well the week of the further 75bps Fed rate hike.
  • United States: Following a rise in new orders of defence aircraft, new durable goodsorders increased 1.9% month-on-month in June, well above consensus.
  • Eurozone: The European Commission’s economic sentiment indicator (ESI) decreasedfrom 103.5 in June (downwardly revised) to 99.0 in July, a 17-month low.

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