Weekly Market Review 21st of November 2022
Monday 21 November 2022
Amundi Market Review
- Markets: After the across-the-board rally the previous week, the pattern was more flat in recent days, with investors betting less promptly on the Federal Reserve’s (Fed’s) being close to a pause in its rate hikes.
- United States: Retail sales increased by 1.3% in October month-on-month, highlighting resilient consumer dynamics in place.
- Eurozone: October inflation year-on-year was revised slightly lower, though still the highest on record at 10.6%.
The Week at a glance