Share markets had a bounce in the last week from very oversold levels and lots of negative investor sentiment after falling back to around their June lows.

The Bank of England’s intervention by buying bonds (i.e., restarting QE) has helped calm things. Unfortunately, the return to QE may just add to inflationary pressures if it has to be sustained for long.

Share markets fell sharply again over the last week in response to another round of hawkish rate hikes pushing up bond yields and adding to recession fears.

The recent rebound in shares from their June lows has lacked the cyclical leadership normally seen in new bull markets, while earnings revisions remain negative.

What's the state of play in the market following hawkish central banker comments and the wrap-up of the Australian FY22 reporting season?

The global share market rebound faltered a bit over the last week with mixed economic data and mostly hawkish messages from central banks.

A mixture of good and bad news permeates this week's economic update.

Share markets mostly rose over the last week on hopes that central banks will be able to tame inflation without causing a recession.

Central bank leaders say low inflation environment now behind us.

Let's take a look at the key economic updates to start the week.

Yikes! There's much to unpack in this week's economic update, with interest rate hikes and recession talks abound.

How is the economy coping with global talk of further rising interest rates?