Weekly Market Analysis page 27

Key events:  USA - GDP (QoQ) (Q3) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Dec) On Wednesday, US stocks experienced a decline as an abrupt mid-afternoon downturn put an end to Wall Street's impressive rally. This rally had been fueled by decreasing interest rates…

Key events: UK - CPI (YoY) (Nov) USA - CB Consumer Confidence (Dec) USA - Existing Home Sales (Nov) USA - Crude Oil Inventories On Tuesday, the S&P 500 closed on a positive note, edging closer to a historic high amid a broadening rally in stocks beyond the tech sector. The index gained 0.6%…

Key events: Japan - BoJ Interest Rate Decision Japan - BoJ Press Conference Eurozone - CPI (YoY) (Nov) USA - Building Permits (Nov) On Monday, the S&P 500 defied attempts by Federal Reserve officials to temper expectations for imminent rate cuts. The Dow Jones Industrial Average remained flat…

Key events:  UK - BoE MPC Member Broadbent Speaks Canada - New Housing Price Index (MoM) (Nov) Eurozone - ECB's Schnabel Speaks Eurozone - ECB's Lane Speaks On the closing bell last Friday, Wall Street witnessed a blend of outcomes, and the dollar staged a recovery as market participants took a…

Key events: Eurozone - EU Leaders Summit USA - S&P Global Services PMI (Dec) On Thursday, US stocks experienced an upward surge, building on the strong gains from the previous session. This was prompted by the Federal Reserve's indication of upcoming interest rate cuts in the next year, along…

Key events:  Switzerland - SNB Interest Rate Decision (Q4) UK - BoE Interest Rate Decision (Dec) Eurozone - Deposit Facility Rate (Dec) Eurozone - ECB Interest Rate Decision (Dec) USA - Core Retail Sales (MoM) (Nov) USA - Initial Jobless Claims USA - Retail Sales (MoM) (Nov) Eurozone - ECB Press…

Key events: UK - GDP (MoM) (Oct) USA - PPI (MoM) (Nov) USA - Crude Oil Inventories USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference New Zealand - GDP (QoQ) (Q3) On Tuesday, the Dow concluded higher, led by the tech sector, as a sustained deceleration in inflation…

Key events: USA - Core CPI (MoM) (Nov) USA - CPI (YoY) (Nov) USA - CPI (MoM) (Nov) USA - 30-Year Bond Auction On Monday, the Dow recorded an increase, extending recent positive trends as investors anticipated a significant week marked by pivotal events, including the release of fresh inflation…

Key events: Japan - BSI Large Manufacturing Conditions (Q4) USA - 3-Year Note Auction USA - 10-Year Note Auction Eurozone - ECB McCaul Speaks New Zealand - Electronic Card Retail Sales On Friday, the Dow experienced a rise, marking its lengthiest weekly winning streak since 2019. This surge was…

Key events: USA - Average Hourly Earnings (MoM) (Nov) USA - Nonfarm Payrolls (Nov) USA - Unemployment Rate (Nov) USA - Michigan Consumer Sentiment   The Dow Jones Industrial Average appears poised to conclude its five-week streak of gains, as the index experienced a decline over the initial three…

Key events: Australia - Trade Balance (Oct) China - Exports (YoY) (Nov) China - Imports (YoY) (Nov) China - Trade Balance (USD) (Nov) USA - Initial Jobless Claims Canada - BoC Gov Macklem Speaks On Wednesday, the Dow closed in negative territory, extending its sluggish performance for the week,…

Key events: USA - ADP Nonfarm Employment Change (Nov) Canada - BoC Interest Rate Decision USA - Crude Oil Inventories US markets displayed a mixed performance, with the S&P500 exhibiting a volatile tone marked by a notable increase in losers compared to winners. This came amid the assessment…