Weekly Market Analysis page 21

Key events: USA - Core CPI (MoM) (Apr) USA - Core Retail Sales (MoM) (Apr) USA - CPI (YoY) (Apr) USA - CPI (MoM) (Apr) USA - Retail Sales (MoM) (Apr) USA - Crude Oil Inventories Tuesday saw the Nasdaq soaring to new heights, disregarding concerns raised by a higher-than-expected inflation report…

Key events:  UK - Unemployment Rate (Mar) UK - BoE MPC Member Pill Speaks USA - PPI (MoM) (Apr) USA - Fed Chair Powell Speaks Monday saw the S&P 500 holding steady as investors braced for a pivotal inflation report slated for later in the week, a factor poised to influence the Federal Reserve…

Key events: Canada - Building Permits (MoM) (Mar) USA - FOMC Member Mester Speaks Global equities surged on Friday, driving European stocks to new record highs amid robust corporate earnings and expectations of imminent central bank interest rate cuts. Despite signs of decelerating US economic…

Key events: UK - GDP (QoQ) (Q1) UK - BoE MPC Member Pill Speaks USA - FOMC Member Bowman Speaks USA - Michigan Consumer Sentiment Thursday marked another positive day for the Dow Jones Industrial Average, extending its winning streak to seven consecutive sessions. Investor optimism surged across…

Key events: UK - BoE Interest Rate Decision (Apr) UK - BoE Gov Bailey Speaks UK - BoE MPC Member Pill Speaks Eurozone - ECB's De Guindos Speaks USA - Initial Jobless Claims USA - FOMC Member Daly Speaks Wednesday saw the S&P 500 closing on a neutral note, with the recent market surge hitting…

Key events: Eurozone - European Central Bank Non-monetary Policy Meeting USA - Crude Oil Inventories USA - 10-Year Note Auction On Tuesday, the S&P 500 managed to secure a modest gain, supported by a decline in Treasury yields, as investors grappled with a multitude of corporate earnings…

Key events: Australia - Retail Sales (MoM) Australia - RBA Interest Rate Decision (May) USA - FOMC Member Kashkari Speaks US stocks opened the week with gains on Monday, buoyed by renewed optimism for a Federal Reserve interest rate cut in September following a disappointing April jobs report.…

Key events: Eurozone - HCOB Eurozone Services PMI (Apr) Switzerland - SNB Board Member Jordan Speaks USA - FOMC Member Williams Speaks The S&P 500 experienced a robust surge on Friday, driven by a notable uptick in tech stocks led by Apple. This rally coincided with the release of data…

Key events: USA - Average Hourly Earnings (MoM) (Apr) USA - Nonfarm Payrolls (Apr) USA - Unemployment Rate (Apr) USA - S&P Global Services PMI (Apr) USA - ISM Non-Manufacturing PMI (Apr) USA - ISM Non-Manufacturing Prices (Apr) Thursday saw the S&P 500 closing on a positive note, with the…

Key events: USA - Initial Jobless Claims Eurozone - HCOB Eurozone Manufacturing PMI (Apr) Eurozone - ECB's Lane Speaks US equities pared some of their losses following the Federal Reserve's decision to keep interest rates unchanged on Wednesday and announced plans to gradually reduce the pace of…

Key events: USA - ADP Nonfarm Employment Change (Apr) USA - S&P Global US Manufacturing PMI (Apr) USA - ISM Manufacturing PMI (Apr) USA - ISM Manufacturing Prices (Apr) USA - JOLTs Job Openings (Mar) USA - Crude Oil Inventories USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC…

Key events: Eurozone - CPI (YoY) (Apr) USA - Chicago PMI (Apr) USA - CB Consumer Confidence (Apr) Monday saw a positive close for the S&P 500, buoyed by notable performances from Tesla and Apple as the quarterly earnings season continues its momentum, just on the eve of the impending Federal…