After US rebound, global markets follow suit. The bond market takes another hit, while commodities underperformed compared to other major asset classes. Here are ten stories to remember from February 2023.

In the US, the tone was mixed from Fed members on the future of the Fed's monetary policy.

Main US equity benchmarks closed the week higher and regained some ground following their worst weekly decline in two months. Energy and materials shares outperformed. Economic reports were mixed. US durable goods orders posted their steepest decline since April 2020. The ISM Manufacturing PMI ticked higher in February for the 1st time since May (although it remained in contraction territory at 47.7) while services PMI fell slightly but less than consensus expectations and still indicated moderate expansion (55.1).

Chinese car exports on the rise, the Dow is down year-to-date, while inflation numbers came in higher than expected. Each week, the Syz investment team takes you through the last seven days in seven charts.

The Fed minutes essentially revealed that the process of tightening monetary policy is expected to continue at least until the second quarter of 2023.

Several upside inflation and growth surprises in the US pushed the S&P 500 Index to its worst weekly loss since early December. At its close on Friday, the index had surrendered roughly 35% of the rally that began in October, but it remained up 3.4% year to date. The Dow Jones Industrial Average is now in negative territory for the year, however. Growth stocks fell only modestly more than value shares.

US debt due to explode, hedge funds cover their short tech stocks, while Tesla stocks see huge trading volumes. Each week, the Syz investment team takes you through the last seven days in seven charts.

The release of the U.S. PPI has put the Fed members under pressure.

US equities ended mixed as investors weighed some healthy growth and profit signals against worries that inflation trends might surprise on the upside. Fears that the Fed would need to raise short-term interest rates more than previously expected caused US Treasury yields to increase and fostered a rise in the U.S. dollar, taking an especially large toll on oil prices and energy stocks. US CPI rose 0.5% in January, as expected, versus a revised 0.1% increase in December.

Interest rate volatility rebounded sharply last week, while U.S. Treasuries had their worst week in 2023.