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The trailing 12-month P/E ratio for SPX of 19.9 is below the 5-year average (22.6) and below the 10-year average (20.6). earnings

00:01 - 14/02/23

 

 

 

The Dollar fall versus Euro is mostly due to rate differentials (pink), with markets pricing a more hawkish ECB than Fed. That's ending, as downside inflation surprises in the Euro zone start piling up. The Euro will resume its fall below parity, which is where it needs to be...

 

 

 

Turkey ran its biggest current-account deficit in at least a decade after a surge in gold imports and the cost of energy, with unexplained inflows of capital helping finance nearly half the shortfall

 

 

 

China’s cash squeeze eases, with a gauge of overnight funding costs dropping the most in a week, after the central bank injected some $150 billion into the financial system over three sessions

 

 

 

Singapore's economy grew 3.6% in 2022, slightly below estimates, and reaffirmed its growth forecast for 2023

 

 

 

 

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