Morning Report | Global stocks soar as Russia-Ukraine situation eases! U.S. tech stocks roar via /r/wallstreetbets #stocks #wallstreetbets #investing

Morning Report | Global stocks soar as Russia-Ukraine situation eases! U.S. tech stocks roar

Hot News

Russia-Ukraine situation eases as Putin makes clear he’s ‘ready to negotiate’

Russian President Vladimir Putin is ready to start negotiations on Ukraine and security guarantees, Russian Presidential Press Secretary Vladimir Peskov said, CCTV reported. And according to the Russian satellite network just news, Russian Foreign Minister Sergei Lavrov said that the U.S. and NATO “positively replied” to the security guarantee proposal that they had previously refused to agree.

In addition, on February 15, local time, U.S. President Joe Biden made a public speech on the current situation in Russia and Ukraine, saying he would try to solve the problem through diplomatic channels to avoid a conflict.

Republicans resist en masse, Senate Banking Committee postpones vote on Fed nominees

The Senate Banking Committee was scheduled to vote on five Fed nominees, including Fed Chairman Jerome Powell, on Tuesday afternoon, but Republicans on the committee strongly opposed the Biden administration’s nomination of Sarah Bloom Raskin as the Fed’s next vice chairman in charge of supervision, as they were collectively absent from the voting session. Sherrod Brown, chairman of the committee, had to announce the postponement of the vote on Powell and other Fed nominees.

Liquidity in the U.S. Treasury market deteriorates again as investors bet on the Fed’s rate hike process

The Bloomberg U.S. Government Securities Liquidity Index – a measure of yield deviations from the fair value model – is approaching last year’s highs touched in early November. At the beginning of November last year, expectations of a Fed rate hike had begun to heat up in the previous month, with short-term Treasury yields seeing historically large swings and a renewed deterioration in liquidity.

Congressional Democrats Rush to Show Posture Against Inflation to Retain Control of Both Houses

With only nine months left until the U.S. midterm congressional elections, congressional Democrats are planning legislation to address rising gas, health care and food costs, or at least show voters that they are trying.

Inflationary pressures persist and stubborn, with U.S. PPI growing twice as fast as expected in January

The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) released its Producer Price Index for January, showing that U.S. inflation has shown no sign of easing at the start of the New Year. According to official data, the U.S. PPI increased 1% YoY in January, also double the expected value of 0.5%. After 21 consecutive months of higher chain rate, the annual rate of PPI growth also reached 9.7%, also higher than the market expectation of 9.1%.

According to the CME FedWatch tool, the prevailing market expectation for a U.S. rate hike during the year is now centered on a 150 to 200 basis point hike.

U.S. stocks replay

Russia and Ukraine situation eased, the three major indices rose

Tensions in Russia and Ukraine eased and the three major stock indexes closed up collectively, with the Dow up 1.22%, the Nasdaq up 2.53% and the S&P 500 up 1.58%. European stocks also closed higher across the board.

Submitted February 16, 2022 at 08:35AM by abigaillv700
via reddit