Weekly Market Analysis page 14

Key events: UK - Employment Change 3M/3M (MoM) (Jul) UK - Unemployment Rate (Jul) Eurozone - EU Economic Forecasts Canada - BoC Gov Macklem Speaks USA - Fed Vice Chair for Supervision Barr Speaks The S&P 500 rallied on Monday, recovering from its steepest weekly decline since 2023, as…

Key events: Japan - GDP (QoQ) (Q2) The Dow Jones Industrial Average dropped 400 points on Friday after the US nonfarm payrolls (NFP) report fell short of expectations, along with a downward revision to previous data. The uneven job growth added to the signals of a slowing US economy, but not to…

Key events: USA - Average Hourly Earnings (MoM) (Aug) USA - Nonfarm Payrolls (Aug) USA - Unemployment Rate (Aug) The S&P 500 ended Thursday in the red, with optimism for stocks dampened by renewed concerns about the economy following mixed employment data, just ahead of the August nonfarm…

Key events: USA - ADP Nonfarm Employment Change (Aug) USA - Initial Jobless Claims USA - S&P Global Services PMI (Aug) USA - ISM Non-Manufacturing PMI (Aug) USA - ISM Non-Manufacturing Prices (Aug) USA - Crude Oil Inventories US stocks stabilized on Wednesday as Wall Street sought to recover…

Key events: Canada - BoC Interest Rate Decision USA - JOLTs Job Openings (Jul) US stocks declined on Tuesday, with tech stocks facing pressure as the shortened trading week kicked off. Investors are closely watching a series of economic data releases, including the monthly jobs report, which will…

Key events: USA - S&P Global US Manufacturing PMI (Aug) USA - ISM Manufacturing PMI (Aug) USA - ISM Manufacturing Prices (Aug) Eurozone - ECB's Supervisory Board Member Jochnick Speaks US equity futures saw declines on Tuesday, with S&P 500 futures slipping by 0.17% to 5,638.70 and Nasdaq…

Key events: USA - Labor Day Eurozone - HCOB Eurozone Manufacturing PMI (Aug) UK - S&P Global/CIPS UK Manufacturing PMI (Aug)  The S&P 500 ended higher on Friday, wrapping up August with its fourth consecutive monthly gain, as fading economic concerns fueled a strong rebound in stocks…

Key events: Eurozone - CPI (YoY) (Aug) USA - Core PCE Price Index (MoM) (Jul) USA - Core PCE Price Index (YoY) (Jul) USA - Chicago PMI (Aug) The S&P 500 managed to close slightly higher on Thursday, despite a pullback in tech stocks led by Nvidia, as strong economic data from the US helped…

Key events: Eurozone - ECB's Schnabel Speaks Eurozone - ECB's Lane Speaks  Eurozone - Eurogroup Meetings USA - GDP (QoQ) (Q2) USA - Initial Jobless Claims USA - FOMC Member Bostic Speaks  The S&P 500 ended Wednesday in the red as a decline in Nvidia dragged down the tech sector ahead of the…

Key events: USA - Fed Waller Speaks Eurozone - Eurogroup Meetings UK - BoE MPC Member Mann Speaks USA - Crude Oil Inventories US stocks showed mixed performance on Tuesday, as investors remained cautious ahead of Nvidia's earnings report due on Wednesday. The Dow Jones Industrial Average had…

Key events: USA - CB Consumer Confidence (Aug) The Dow ended Monday at record highs as cyclical stocks, particularly financials, gained momentum, reflecting a shift away from tech stocks in anticipation of a widely expected Federal Reserve rate cut next month. The Dow Jones Industrial Average…

Key events: USA - Durable Goods Orders (MoM) (Jul) US stocks surged on Friday as Treasury yields dropped following Federal Reserve Chair Jerome Powell's hints at upcoming rate cuts. The S&P 500 increased by 1.1%, resulting in a 1.5% weekly gain. Meanwhile, the Dow Jones Industrial Average…