Wolf Money(world market review 29 Aug-4Sept)
Fatimah Chik Malaysia 1947 Reflections circa 1989 Collection of National Gallery Singapore Market Summary 29 Aug – 4 Sept 2022 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 + USD index hit 20-year high as data support aggressive Fed + US added 315,000 jobs in Aug as labour market remains solid + US ISM manufacturing index at 52.8 in Aug, unchanged from July - US factory orders drop in July on defence aircraft bookings - US construction spending declined further in July, raising mortgage rates weighed on single-family homebuilding - US to keep tariffs on hundreds of billions of dollars’ worth of Chinese imports while review continues + Americans filing new claims for unemployment benefits fell to 2-mth low las week + US expected to announce 3 years biofuel blending mandates in Nov: sources - NASA again called off mission to send a ricket around moon due to mechanical problem - US announced US$1.1bn arms sales to Taiwan + Micron investing US$15bn to ...