Skip to main content Skip to site footer

You are using an outdated browser. Please upgrade your browser to improve your experience.

Archinomics Weekly - Monday 13th December 2021

one year ago



US equity markets touched new record highs, led by the tech sector, as Apple neared a valuation of $3 trillion. European markets rallied, as fears over the Omicron variant subsided. In Japan markets moved up, after Prime Minister Kishida outlined plans for a new economic era. Chinese markets bounced strongly as the central bank cut reserve requirements for the banking sector.


US Treasury markets were unfazed by inflation data and yields fell as prices rose towards the end of the week. Core Eurozone bond yields, however, ended higher. US credit markets saw generally strong demand for new issuance, although spreads over government bonds widened towards the end of the week.


The euro traded narrowly against the US dollar, as markets awaited central bank statements. The yen weakened in anticipation of accelerated tightening of US policy, while the Chinese renminbi passed a three year low against the dollar.


The oil price bounced back, as fears over the demand impact of Omicron subsided.

Responsible investing

The German coalition government, which includes the Green Party, was voted into power. The Greens have long opposed the Nord Stream 2 gas pipeline from Russia and could press for sanctions regarding Ukraine.


US November headline CPI inflation came in at 6.8%, the highest level since 1982, while the core CPI reading jumped by 4.9%.

Japan Q3 GDP came in at -3.6%, pulled down by falling consumer spending in the face of a surge in Covid cases.

China November CPI advanced to 2.3% from 1.5%, while the PPI recording factory gate prices remained elevated at 12.9% year on year.

on the

Central bank meetings will provide the focus, with any change in rhetoric on interest rate policy from the US Federal Reserve carefully analysed.

Developments regarding the rapid spread and severity of the Omicron variant will be closely watched by the markets.

Latest investment news


Archinomics Monthly - February 2023

Article | Investments | 06/03/2023

Tensions between the US and China rose after the US shot down a balloon, which it alleged that China was using for the purposes of espionage. The US also warned China against supplying Russia with weapons, saying it could risk escalating the war in Ukraine.


Archinomics Monthly - January 2023

Article | Investments | 06/02/2023

The headline rate of inflation continued to fall across most economies. US consumer prices rose at an annual rate of 6.5% for December, the lowest rate since October 2021, while headline eurozone inflation eased to 9.2% compared to a peak of 10.6% in October 2022. 


Archinomics Monthly - December 2022

Article | Investments | 09/01/2023

China pivoted away from its zero-Covid policy, with the authorities refocusing on consumption and industries such as technology and property. Infection levels surged as testing and quarantine requirements were removed.

We use cookies to give you the best possible experience of our website. If you continue, we'll assume you are happy for your web browser to receive all cookies from our website. See our cookie policy for more information on cookies and how we manage them.