Weekly Market Analysis page 29

Key events:  Eurozone - CPI (YoY) (Oct) USA - Building Permits (Oct) On Thursday, US stocks experienced a decline, driven by a downturn in Walmart and concerns about the economy amidst a series of economic data that mostly fell below expectations. The Dow Jones Industrial Average saw a decrease…

Key events: USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Nov) The Dow Jones Industrial Average is on an upward trajectory for the fourth consecutive session this Wednesday, buoyed by positive October releases from the Producer Price Index (PPI) and US Retail Sales.…

Key events: Japan – GDP (QoQ) (Q3)  UK – CPI (YoY) (Oct) USA – Core Retail Sales (MoM) (Oct) USA – PPI (MoM) (Oct)   USA – Retail Sales (MoM) (Oct) USA – Crude Oil Inventories On Tuesday, the Dow Jones Industrial Average experienced an uptick, closing higher by 489 points or 1.4%. This positive…

Key events: UK - Employment Change 3M/3M (MoM) (Sep) UK - Unemployment Rate (Sep) Eurozone - GDP (YoY) (Q3) Eurozone - GDP (QoQ) Eurozone - ZEW Economic Sentiment (Nov) USA - Core CPI (MoM) (Oct) USA - CPI (MoM) (Oct) USA - CPI (YoY) (Oct) US futures indicated a negative start to the week on…

Key events: USA - OPEC Monthly Report USA - Crude Oil Inventories The major indices on Wall Street closed the week with substantial gains on Friday, bolstered by prominent technology and growth stocks as Treasury yields stabilized. Investors also looked ahead to next week's reports on inflation…

Key events: UK - GDP (MoM) (Sep) UK - GDP (YoY) (Q3) UK - GDP (QoQ) (Q3) USA - Michigan Consumer Expectations (Nov) USA - Michigan Consumer Sentiment (Nov) USA - FOMC Member Bostic Speaks USA - Fed Logan Speaks On Thursday, US equities took a dip as Federal Reserve Chairman Jerome Powell conveyed…

Key events: Canada - BoC Gov Council Member Lane Speaks UK - BoE MPC Member Pill Speaks USA - Initial Jobless Claims USA - Fed Chair Powell Speaks On Wednesday, the US stock market experienced a slight wobble as major indexes aimed to extend their longest winning streak in two years. The Dow…

Key events: Eurozone -ECB's Lane Speaks UK - BoE Gov Bailey Speaks USA - Fed Chair Powell Speaks USA - FOMC Member Williams Speaks On Tuesday, Wall Street's primary indices embarked on an upward trajectory after a somewhat turbulent start to the session. The decline in US Treasury yields…

Key events: Australia- RBA Interest Rate Decision (Nov) Eurozone - ECB's De Guindos Speaks Eurozone - ECB McCaul Speaks USA - FOMC Member Kashkari Speaks USA - Fed Waller Speaks Canada - BoC Deputy Gov Kozicki Speaks USA - FOMC Member Williams Speaks On Monday, Wall Street's primary indices made…

Key events: Canada - Ivey PMI (Oct) UK - BoE MPC Member Pill Speaks  The Dow concluded the week on a high note, achieving its most substantial weekly gain of the year, largely driven by a weaker-than-expected jobs report that fueled optimism about the Federal Reserve's rate hike intentions,…

Key events: USA - Average Hourly Earnings (MoM) (Oct) USA - Nonfarm Payrolls (Oct) USA - Unemployment Rate (Oct) USA - S&P Global Services PMI (Oct) USA - ISM Non-Manufacturing PMI (Oct) USA - ISM Non-Manufacturing Prices (Oct) On Thursday, US stocks surged as Treasury yields dipped,…

Key events: UK - BoE Interest Rate Decision (Nov) USA - Initial Jobless Claims On Wednesday, Wall Street's major stock indices closed on a high note, with the Nasdaq leading the gains with a 1.6% advance. This upswing followed the US Federal Reserve's decision to maintain unchanged interest rates…