Greetings,
United States: As expected, the Federal Reserve signaled a rate hike in March. The market quickly boosted the odds of a 50 bps rate increase in March.
![The Daily Shot Brief – January 27th, 2022](https://thedailyshot.com/wp-content/uploads/US-Five22201270431.png)
And rate hikes are expected to keep coming.
![The Daily Shot Brief – January 27th, 2022](https://thedailyshot.com/wp-content/uploads/US-Five-ST2201270431.png)
The probability of five 25 bps rate hikes this year is now above 90%.
![The Daily Shot Brief – January 27th, 2022](https://thedailyshot.com/wp-content/uploads/US-Five-Hikes2201270431.png)
Asia-Pacific: Australia’s stock market entered into correction territory.
![The Daily Shot Brief – January 27th, 2022](https://thedailyshot.com/wp-content/uploads/AS-AU-EQ-Correction2201270431.png)
China: China’s stocks are in bear-market land.
![The Daily Shot Brief – January 27th, 2022](https://thedailyshot.com/wp-content/uploads/CH-Bear2201270431.png)
Equities: Intraday volatility remains very high.
![The Daily Shot Brief – January 27th, 2022](https://thedailyshot.com/wp-content/uploads/EQ-Intraday2201270431.png)
Global Developments: Inflation trends have been similar across advanced economies.
![The Daily Shot Brief – January 27th, 2022](https://thedailyshot.com/wp-content/uploads/GL-Inflation-trends-have-been-similar-across-many-advanced-economies2201270431.png)
Food for Thought: The video game industry:
![The Daily Shot Brief – January 27th, 2022](https://thedailyshot.com/wp-content/uploads/VTB-The-video-game-industry2201270431.png)
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com