Weekly Market Analysis page 14

Key events: Eurozone - CPI (YoY) (Jul) USA - FOMC Member Bostic Speaks USA - Fed Vice Chair for Supervision Barr Speaks The S&P 500 advanced on Monday as concerns about a potential recession continued to diminish, setting the stage for a significant week with the Federal Reserve's release of…

Key events: USA - Fed Waller Speaks USA - US Leading Index (MoM) (Jul) The S&P 500 closed higher on Friday, marking its strongest week of the year as easing economic concerns spurred a wave of dip buying in stocks after recent market turbulence. The Dow Jones Industrial Average climbed 96…

Key events: UK - Core Retail Sales (MoM) (Jul) USA - Building Permits (Jul) USA - Michigan Consumer Sentiment USA -Housing Starts (Jul) The S&P 500 extended its winning streak to six sessions on Thursday, as concerns over a potential economic slowdown eased after stronger-than-expected labor…

Key events: UK - GDP (QoQ) (Q2) USA - Core Retail Sales (MoM) (Jul) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Aug) USA - Retail Sales (MoM) (Jul) The Dow closed above the 40,000 mark on Wednesday, rising as signs of slowing inflation bring the Federal Reserve closer…

Key events: New Zealand - RBNZ Interest Rate Decision UK - CPI (YoY) (Jul) USA - Core CPI (MoM) (Jul) USA - CPI (YoY) (Jul) USA - CPI (MoM) (Jul) USA - Crude Oil Inventories US stocks surged on Tuesday as more evidence of cooling inflation bolstered expectations for a potential Federal Reserve…

Key events: UK - Employment Change 3M/3M (MoM) (Jun)                 UK - Unemployment Rate (Jun) USA - PPI (MoM) (Jul) USA - FOMC Member Bostic Speaks The S&P 500 managed a slight gain on Monday as investors awaited crucial inflation data set to be released later this week. The S&P 500…

Key events: USA - OPEC Monthly Report Canada - Building Permits (MoM) (Jun) USA - Federal Budget Balance (Jul) The S&P 500 closed Friday higher, led by gains in the tech sector, as stocks continued to recover from a sharp selloff earlier in the week, which was driven by recession fears. The…

Key events: Canada - Employment Change (Jul) Canada - Unemployment Rate (Jul) The S&P 500 ended Thursday on a positive note as labor market data eased fears of an impending recession. The Dow Jones Industrial Average gained 683 points, or 1.8%, while the S&P 500 advanced 2.3%, and the…

Key events: USA - Initial Jobless Claims USA - 30-Year Bond Auction The S&P 500 reversed its early gains to close lower on Wednesday, as a decline in Super Micro Computer impacted chip stocks and weighed on the broader market. The Dow Jones Industrial Average fell by 234 points, or 0.60%, the…

Key events: USA - Crude Oil Inventories USA - 10-Year Note Auction The S&P 500 closed higher on Tuesday as investors sought to capitalize on the previous day's selloff, particularly in beaten-down tech stocks. However, gains were capped due to ongoing concerns about an economic slowdown. The…

Key events: Australia - RBA Interest Rate Decision (Aug) The Dow Jones Industrial Average plummeted over 1000 points on Monday as mounting fears of an economic slowdown exerted pressure on high-performing technology stocks. The Dow fell by 1033 points, or 2.6%, while the S&P 500 declined by 2…

Key events: USA - S&P Global Services PMI (Jul) USA - ISM Non-Manufacturing PMI (Jul)  USA - ISM Non-Manufacturing Prices (Jul) The Nasdaq fell sharply on Friday, closing in correction territory due to a significantly weaker-than-expected jobs report, raising fears of a potential recession…