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13<\/strong>.12.2022 \u2013 Gradually, the stock market is turning towards Christmas. And hardly anyone can still recognize market-moving news. The prices are bobbing along – but fortunately, leveraged traders can earn good money even on the smallest moves. But wait: The CPI is coming up. And then there are the central banks. Currently not much happening on the trading floor. Jim Reid of Deutsche Bank summed it up like this: If he were to return to the Christmas spirit of years past, the week would go like this: “this week would be about a client Xmas lunch Monday, client Xmas lunch Tuesday, team Xmas drinks Wednesday, firmwide office party on Thursday and mince pies on the trading floor on Friday.” Mince pies are small Christmas cakes in the United Kingdom.<\/p>\n View of the CPI<\/strong> <\/p>\n <\/p>\n Quelle: Bernstein Bank GmbH<\/p><\/div>\n The Fed meets again on Wednesday. And on Thursday follow The European Central Bank and the Bank of England. Most traders now assume, both in the U.S. and in Europe, interest rates will be raised only 50 basis points. Meanwhile, the first even expect for February only a rate step of 25 basis points. Waiting for the Fed’s reaction<\/strong> __________________________________________________________________________________________<\/p>\n The content of this publication is for general information purposes only. In this context, it is neither an individual investment recommendation or advice nor an offer to purchase or sell securities or other financial products. The content in question and all the information contained therein do not in any way replace individual investor- or investment-oriented advice. No reliable forecast or indication for the future is possible with respect to any presentation or information on the present or past performance of the relevant underlying assets. All information and data presented in this publication are based on reliable sources. However, Bernstein Bank does not guarantee that the information and data contained in this publication is up-to-date, correct and complete. Securities traded on the financial markets are subject to price fluctuations. A contract for difference (CFD) is also a financial instrument with leverage effect. Against this backdrop, CFD trading involves a high risk up to the point of total loss and may not be suitable for all investors. Therefore, make sure that you have fully understood all the correlating risks. If necessary, ask for independent advice. <\/small>CFDs are complex instruments and are associated with the high risk of losing money quickly because of the leverage effect. 68% of retail investor accounts lose money trading CFD with this provider. You should consider whether you understand how CFD work and whether you can afford to take the high risk of losing your money.7<\/small><\/p>\n","protected":false},"excerpt":{"rendered":" 13.12.2022 \u2013 Gradually, the stock market is turning towards Christmas. And hardly anyone can still recognize market-moving news. The prices are bobbing along – but fortunately, leveraged traders can earn…<\/p>\n","protected":false},"author":41,"featured_media":25244,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-25255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\n
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\nBut far from calm, consumer prices in the U.S. are due exactly today and several key interest rate decisions around the world starting tomorrow. A flattening of U.S. inflation could fuel hopes for an end to tightening by the Federal Reserve. For the Consumer Price Index, the consensus of most analysts is now 7.3 percent. JPMorgan’s trading desk even sees a 10 percent jump in the big SPX if inflation cools particularly sharply. We look forward to seeing how the S&P 500 moves, pictured on the daily chart.<\/p>\n![\"\"](\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2022\/12\/see.png\")
\nAs always, the tone of the central banks will be important. If they confirm hopes of a “pivot” – i.e. a turnaround in interest rate policy, or rather: a gradual exit from the hike, then the stock market could celebrate.<\/p>\n
\nThen there’s U.S. Treasury Secretary Janet Yellen. She just said in an interview with 60 Minutes that there is definitely a risk of recession, but that the banking sector is robust. She also said that inflation would fall sharply in the coming year, as can already be seen in the cost of gasoline and transportation, according to CBS. Presumably she already knows more. We are curious how the data will turn out – Bernstein Bank wishes successful trades and investments!<\/p>\n