Geopolitics Alpha

ASX Slips As Banks Drag Ahead Of Key Inflation Data

Published . Updated .

GEOPOLITICS ALPHAASX Slips As Banks Drag Ahead OfKey Inflation DataGEOPOLITICS ALPHA

This report is about inflation and prices and banks.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TIP iShares TIPS Bond ETF-0.5% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLP Consumer Staples Select Sector SPDR-4.0% 16d

    Consumer Staples Select Sector SPDR: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • XLF Financial Select Sector SPDR-3.9% 30d

    Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story.

  • JPM JPMorgan Chase-5.5% 30d

    JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.

  • BAC Bank of America-15.0% 30d

    Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.

  • WMT Walmart+11.3% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • WFC Wells Fargo-7.9% 30d

    Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story.

  • COST Costco Wholesale+11.5% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TIPNo price data for this ticker———————
XLPNo price data for this ticker———————
XLF-1.49%+0.21%base+0.24%-0.04%after closeafter close
JPM+0.58%+1.08%base+0.76%+1.28%after closeafter close
BAC-0.32%+0.51%base+0.00%+0.24%after closeafter close
WMTNo price data for this ticker———————
WFCNo price data for this ticker———————
COSTNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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ASX Slips As Banks Drag Ahead Of Key Inflation Data Finimize

Source: Finimize

This story

CompanyWhenMoveStatus
BACthat day0.00%final price
BACthe next day+0.24%final price
BACthree days earlier+0.51%final price
BACfive days earlier-0.32%final price
JPMthat day+0.76%final price
JPMthe next day+1.28%final price
JPMthree days earlier+1.08%final price
JPMfive days earlier+0.58%final price
XLFthat day+0.24%final price
XLFthe next day-0.04%final price
XLFthree days earlier+0.21%final price
XLFfive days earlier-1.49%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “ASX Slips As Banks Drag Ahead Of Key Inflation Data” looks

12 out of 100

“ASX Slips As Banks Drag Ahead Of Key Inflation Data” scores 12 out of 100. The score uses 1 sources.