{"id":11770,"date":"2023-05-15T10:35:47","date_gmt":"2023-05-15T02:35:47","guid":{"rendered":"https:\/\/www.syfe.com\/magazine\/?p=11770"},"modified":"2024-04-02T13:16:46","modified_gmt":"2024-04-02T05:16:46","slug":"weekly-market-wrap-13-may-2023","status":"publish","type":"post","link":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/","title":{"rendered":"Weekly Market Wrap | 13 May 2023"},"content":{"rendered":"\n

#USInflation #BNBResults #AusSurplus<\/p>\n\n\n\n

Topic #1: US Inflation slips to the lowest level since 2021<\/h1>\n\n\n
\n
\"\"<\/figure><\/div>\n\n\n

US monthly inflation levels<\/em><\/strong><\/p>\n\n\n\n

What happened?<\/h2>\n\n\n\n

Inflation in the United States has slowed to its lowest rate in two years, according to the Consumer Price Index (CPI). The CPI index, which measures the cost of a basket of goods rose 0.4% in April and 4.9% over the last 12 months but this was a deceleration from 5% in the previous month. Analysts had expected the figure to remain at 5%. <\/p>\n\n\n\n

The largest contributor to the headline figure was the cost of housing which increased 0.4% in April. The energy index rose 0.6% mostly due to an increase in the cost of petrol. Falling airline fares and lower prices for new cars helped to pull down the headline number. <\/p>\n\n\n\n

Last week, the Fed raised its key rate by 0.25% taking it to a range of 5% to 5.25%, its highest level since 2007. This marked the tenth consecutive increase in over a year but Federal Reserve chair Jerome Powell indicated the bank might be getting \u201ccloser\u201d to stopping the rate hikes. Analysts believe that the Fed\u2019s latest rate hike was likely its last for this cycle, and that the bank may cut rates by 75 basis points before the year ends. <\/p>\n\n\n\n

What does it mean for the investors?<\/h2>\n\n\n\n

Investors can look at the data as a positive signal. After continuously hiking rates since the past one year, the Fed is now being able to see signs of inflation going down. Investors are pricing in rate halts and cuts by the end of the year more confidently than before. This can be better in terms of valuing companies. Companies will be able to borrow at a cheaper rate and therefore, growth should be positively impacted. <\/p>\n\n\n\n

Topic #2: Airbnb results beat estimates but share price tumbles<\/h1>\n\n\n
\n
\"\"<\/figure><\/div>\n\n\n

Airbnb Price chart (Source: Google Finance)<\/em><\/strong><\/p>\n\n\n\n

What happened?<\/h2>\n\n\n\n

Airbnb beat analyst estimates on the top and bottom lines in Q1, with total revenue rising 20% YoY and swinging to a net profit of $117 million. However, shares of Airbnb dropped by 10% on Wednesday following the release of the company’s Q1 report which provided slightly weaker guidance and a cautious outlook for Q2.<\/p>\n\n\n\n

Why did it happen?<\/h2>\n\n\n\n

Brian Chesky, CEO of Airbnb, cited affordability pressure due to inflation in North America as the reason for the company’s cautious outlook. Chesky emphasized the importance of moderating prices in the region to address price sensitivity and increase occupancy across more listings as rates normalize.<\/p>\n\n\n\n

Additionally, Airbnb cautioned that Q2 would face challenging year-over-year comparisons in “Nights and Experiences Booked” due to pent-up demand from 2022 and the COVID Omicron variant. The company forecasted Q2 revenue between $2.35 billion and $2.45 billion, falling short of analysts’ expectations of $2.42 billion.<\/p>\n\n\n\n

Analysts noted that Airbnb’s Q1 results were solid, but there are concerns about the upcoming Q2. They expressed some caution due to macroeconomic and discretionary spending risks in the short term, but still view the company’s longer-term outlook positively thanks to its strong brand, platform, and management team. Generally, a boom in the travel market leads to a boom in the hospitality industry and the retail sector as well.<\/p>\n\n\n\n

Topic #3: Australia forecasts first surplus since global financial crisis<\/h1>\n\n\n
\n
\"\"<\/figure><\/div>\n\n\n

Trade surplus and unemployment levels (Source: ABS)<\/em><\/strong><\/p>\n\n\n\n

Australia’s government has forecasted a balanced budget for the first time in 15 years due to high commodity prices and income tax revenue. However, Treasurer Jim Chalmers warned of economic pressures, including rising unemployment and inflation that could deepen the country’s debt. Chalmers announced a surplus of AUD 4.2 billion ($2.8 billion) for the fiscal year ending June 30 but economic growth is expected to drop to 1.5% next year due to weak global economic conditions.<\/p>\n\n\n\n

Chalmers emphasized that inflation remains the primary economic challenge that could erode real wages and drive rate rises. Therefore, the budget is designed to alleviate inflationary pressures rather than add to them. While the debt outlook has improved, the economy is projected to return to a AUD 13.9 billion ($9.4 billion) deficit next year, doubling to AUD 35.1 billion ($23.8 billion) by 2024-25.<\/p>\n\n\n\n

According to economists, the surplus is due to the Russia-Ukraine War and inflationary impacts, particularly on energy prices. However, opposition treasury spokesperson Angus Taylor argued that the surplus was a result of a recent commodity price windfall and not the government’s economic management. Taylor also warned that some of the new spending policies announced on Tuesday could lead to inflation. The AUKUS agreement with the US and Britain is one of the new government costs and is expected to cost Australia AUD 9 billion ($6 billion) over the next four years to cover preliminary work.<\/p>\n\n\n\n

Index<\/strong><\/td>Level<\/strong><\/td>1 Week<\/strong><\/td>1 Month<\/strong><\/td>From Jan 1 2023<\/strong><\/td><\/tr>
S&P 500 (US Stocks)<\/td>4,124<\/td>-0.31%<\/td>-0.53%<\/td>+7.84%<\/td><\/tr>
Nasdaq 100 (US Tech Stocks)<\/td>13,340<\/td>+0.70%<\/td>+1.76%<\/td>+22.81%<\/td><\/tr>
CSI-300 (Chinese Stocks)<\/td>3,938<\/td>-2.24%<\/td>-3.22%<\/td>+1.28%<\/td><\/tr>
Bitcoin (in USD)<\/td>26,805<\/td>-3.30%<\/td>-11.81%<\/td>+61.43%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Source: Google Finance, CNBC, Financial Times, ABS<\/p>\n","protected":false},"excerpt":{"rendered":"

#USInflation #BNBResults #AusSurplus Topic #1: US Inflation slips to the lowest level since 2021 US monthly inflation levels What happened? Inflation in the United States has slowed to its lowest rate in two years, according to the Consumer Price Index (CPI). The CPI index, which measures the cost of a basket of goods rose 0.4% […]<\/p>\n","protected":false},"author":3,"featured_media":11773,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25,289],"tags":[],"class_list":{"0":"post-11770","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investment-insights","8":"category-market-insights"},"acf":{"readingTime":"","authorName":"","authorThumbnail":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png","BLUE_TIER":"0","BLACK_TIER":"0","GOLD_TIER":"0","PRIVATE_WEALTH_TIER":"0","PRE_AML":"0","POST_AML":"0","NO_GLOBAL_PORTFOLIO":"0","NO_REITS_PORTFOLIO":"0","NO_EQUITY_PORTFOLIO":"0","NO_CASH_PORTFOLIO":"0","HAS_ADVISOR":"0","INVESTMENT_PORTFOLIO_AUM":"0","AFTER_AML_DATE":"","AFTER_ACCOUNT_CREATED_DATE":""},"yoast_head":"\nWeekly Market Wrap | 13 May 2023 - Connect<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Market Wrap | 13 May 2023\" \/>\n<meta property=\"og:description\" content=\"#USInflation #BNBResults #AusSurplus Topic #1: US Inflation slips to the lowest level since 2021 US monthly inflation levels What happened? Inflation in\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Connect\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-15T02:35:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-02T05:16:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1438\" \/>\n\t<meta property=\"og:image:height\" content=\"688\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Syfe Singapore\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Syfe Singapore\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/\"},\"author\":{\"name\":\"Syfe Singapore\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/#\/schema\/person\/8d955bc4210538fdf152e7e66c4b943c\"},\"headline\":\"Weekly Market Wrap | 13 May 2023\",\"datePublished\":\"2023-05-15T02:35:47+00:00\",\"dateModified\":\"2024-04-02T05:16:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/\"},\"wordCount\":800,\"publisher\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png\",\"articleSection\":[\"Investment insights\",\"Market Insights\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/\",\"url\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/\",\"name\":\"Weekly Market Wrap | 13 May 2023 - Connect\",\"isPartOf\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png\",\"datePublished\":\"2023-05-15T02:35:47+00:00\",\"dateModified\":\"2024-04-02T05:16:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#primaryimage\",\"url\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png\",\"contentUrl\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png\",\"width\":1438,\"height\":688},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.syfe.com\/magazine\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Weekly Market Wrap | 13 May 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/#website\",\"url\":\"https:\/\/www.syfe.com\/magazine\/\",\"name\":\"Connect\",\"description\":\"Helping you take charge of your financial future\",\"publisher\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.syfe.com\/magazine\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/#organization\",\"name\":\"Syfe Pte Ltd\",\"url\":\"https:\/\/www.syfe.com\/magazine\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2019\/05\/logo_black.png\",\"contentUrl\":\"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2019\/05\/logo_black.png\",\"width\":550,\"height\":240,\"caption\":\"Syfe Pte Ltd\"},\"image\":{\"@id\":\"https:\/\/www.syfe.com\/magazine\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.syfe.com\/magazine\/#\/schema\/person\/8d955bc4210538fdf152e7e66c4b943c\",\"name\":\"Syfe Singapore\",\"description\":\"Syfe is an investment platform offering managed portfolios, brokerage services, and cash management solutions to help investors build wealth for a better future. The Syfe SG content team comprises industry professionals with backgrounds spanning across wealth management, quantitative finance, global markets, personal finance, and more, and strives to provide thought leadership and timely analysis to readers.\u00a0\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Weekly Market Wrap | 13 May 2023 - Connect","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/","og_locale":"en_US","og_type":"article","og_title":"Weekly Market Wrap | 13 May 2023","og_description":"#USInflation #BNBResults #AusSurplus Topic #1: US Inflation slips to the lowest level since 2021 US monthly inflation levels What happened? Inflation in","og_url":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/","og_site_name":"Connect","article_published_time":"2023-05-15T02:35:47+00:00","article_modified_time":"2024-04-02T05:16:46+00:00","og_image":[{"width":1438,"height":688,"url":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png","type":"image\/png"}],"author":"Syfe Singapore","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Syfe Singapore","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#article","isPartOf":{"@id":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/"},"author":{"name":"Syfe Singapore","@id":"https:\/\/www.syfe.com\/magazine\/#\/schema\/person\/8d955bc4210538fdf152e7e66c4b943c"},"headline":"Weekly Market Wrap | 13 May 2023","datePublished":"2023-05-15T02:35:47+00:00","dateModified":"2024-04-02T05:16:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/"},"wordCount":800,"publisher":{"@id":"https:\/\/www.syfe.com\/magazine\/#organization"},"image":{"@id":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png","articleSection":["Investment insights","Market Insights"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.syfe.com\/magazine\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/","url":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/","name":"Weekly Market Wrap | 13 May 2023 - Connect","isPartOf":{"@id":"https:\/\/www.syfe.com\/magazine\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#primaryimage"},"image":{"@id":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png","datePublished":"2023-05-15T02:35:47+00:00","dateModified":"2024-04-02T05:16:46+00:00","breadcrumb":{"@id":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#primaryimage","url":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png","contentUrl":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png","width":1438,"height":688},{"@type":"BreadcrumbList","@id":"https:\/\/www.syfe.com\/magazine\/weekly-market-wrap-13-may-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.syfe.com\/magazine\/"},{"@type":"ListItem","position":2,"name":"Weekly Market Wrap | 13 May 2023"}]},{"@type":"WebSite","@id":"https:\/\/www.syfe.com\/magazine\/#website","url":"https:\/\/www.syfe.com\/magazine\/","name":"Connect","description":"Helping you take charge of your financial future","publisher":{"@id":"https:\/\/www.syfe.com\/magazine\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.syfe.com\/magazine\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.syfe.com\/magazine\/#organization","name":"Syfe Pte Ltd","url":"https:\/\/www.syfe.com\/magazine\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.syfe.com\/magazine\/#\/schema\/logo\/image\/","url":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2019\/05\/logo_black.png","contentUrl":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2019\/05\/logo_black.png","width":550,"height":240,"caption":"Syfe Pte Ltd"},"image":{"@id":"https:\/\/www.syfe.com\/magazine\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.syfe.com\/magazine\/#\/schema\/person\/8d955bc4210538fdf152e7e66c4b943c","name":"Syfe Singapore","description":"Syfe is an investment platform offering managed portfolios, brokerage services, and cash management solutions to help investors build wealth for a better future. The Syfe SG content team comprises industry professionals with backgrounds spanning across wealth management, quantitative finance, global markets, personal finance, and more, and strives to provide thought leadership and timely analysis to readers.\u00a0"}]}},"jetpack_featured_media_url":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png","jetpack_sharing_enabled":true,"category":"Investment insights","authorName":"Syfe Singapore","thumbnail":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13-150x150.png","featuredImage":"https:\/\/www.syfe.com\/magazine\/wp-content\/uploads\/2023\/05\/image-13.png","_links":{"self":[{"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/posts\/11770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/comments?post=11770"}],"version-history":[{"count":2,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/posts\/11770\/revisions"}],"predecessor-version":[{"id":11775,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/posts\/11770\/revisions\/11775"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/media\/11773"}],"wp:attachment":[{"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/media?parent=11770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/categories?post=11770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.syfe.com\/magazine\/wp-json\/wp\/v2\/tags?post=11770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}