The week 07.02.-11.02.2022

Early in 2022, volatility appears to be a major trend, especially after Thursday’s highly anticipated inflation number. Due to a failing IT sector, the S&P 500 lost some ground at the start of the week.
Even though investors were expecting a high inflation number going into last Thursday’s publication, the January data managed to surprise to the upside, causing a market reaction in both stocks and bonds. The consumer price index (CPI) increased by 7.5% year over year, beating the forecasted 7.3% and marking the highest increase since February 1982. Prices rose 6% from a year ago and 0.6% from a month ago, excluding the volatile food and energy components.
The S&P 500 closed the week down with -1.93%, compared to One Signal Xpress with -1.44% and One Signal Xpert with -1.30%.
We wish everyone a successful trading week!