Of Money and Man W7/2023 Receding rate hike fear . FED Benchmark rate at 6%? . Tightening Credit . APAC Earnings Revision Indicator . EU Carbon Credit returned 40% from Sep 22 low

MARKET RECAP W6/2023 MAJOR MARKET MOVEMENT (Week of 10 Feb 2023, W6) In Asia, back to back weekly decline of HSCEI (-3.5%) and HSI (-2.2%). US indices and major European indices are all taken a breather. Receding rate hike fears As global central banks continue to hike rate, equity markets as represented by MSCI ACWI Index actually started to rebound from October 2022. Often focusing on the optimism language (of FED) or that each rate hike is now seen as moving towards the end of the tightening cycle, equity investors are enjoying a cushy ride up the market. But what…...