Weekly Market Analysis page 29

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…

Key events: Australia - RBA Interest Rate Decision (Dec) USA - S&P Global Services PMI (Nov) USA - ISM Non-Manufacturing PMI (Nov) USA - ISM Non-Manufacturing Prices (Nov) USA - JOLTs Job Openings (Oct) On Monday, the Dow concluded the session with a slight decline. However, it managed to…

Key events: Eurozone - ECB's De Guindos Speaks Eurozone - ECB's Elderson Speaks Eurozone - ECB's Elderson Speaks Eurozone - ECB President Lagarde Speaks Eurozone - ECB's Elderson Speaks On Friday, US stocks experienced a rally, leading to the S&P achieving its highest close of the year.…

Key events:  USA - ISM Manufacturing PMI (Nov) USA - ISM Manufacturing Prices (Nov) USA - Fed Chair Powell Speaks US stock futures experienced a slight decline in overnight trading on Thursday, following the Dow Jones Industrial Average's attainment of a new 2023 peak, concluding its most…

Key events: China - Manufacturing PMI (Nov) Eurozone - CPI (YoY) (Nov) USA - Core PCE Price Index (YoY) (Oct) USA - Core PCE Price Index (MoM) (Oct) USA - Initial Jobless Claims USA - Pending Home Sales (MoM) (Oct) On Wednesday, US stocks experienced an uptick, spurred by dovish remarks from a…

Key events:  New Zealand - RBNZ Interest Rate Decision USA - GDP (QoQ) (Q3) USA - FOMC Member Mester Speaks USA - Beige Book On Tuesday, the Dow saw an upward trend, supported by a decline in Treasury yields, fueled by dovish statements from certain Federal Reserve officials, intensifying…

Key events: Australia - Retail Sales (MoM) (Oct) USA - CB Consumer Confidence (Nov) USA - Fed Waller Speaks USA - FOMC Member Bowman Speaks Eurozone - ECB President Lagarde Speaks UK - MPC Member Haskel Speaks On Monday, the Dow experienced a decline in a subdued market, with investors hesitating…

Key events:  USA - Building Permits USA - New Home Sales (Oct) Eurozone - ECB President Lagarde Speaks In Friday's holiday-shortened trading session, US stocks experienced marginal changes with low volume and investor caution, particularly focused on the beginning of the seasonal shopping season…

Key events: Eurozone - German GDP (QoQ) (Q3) Eurozone - ECB President Lagarde Speaks Canada - Retail Sales (MoM) (Sep) USA - S&P Global Services PMI (Nov) Post-Thanksgiving, a sense of caution is prevalent in the markets as investors show reluctance to make significant moves, anticipating a…

Key events: USA - Thanksgiving Day Wednesday witnessed a rise in Wall Street's primary indices, fueled by optimism that the Federal Reserve had concluded its cycle of interest rate hikes. Despite this positive sentiment, escalating Treasury yields and lackluster earnings reports tempered the…

Key events: UK - Autumn Forecast Statement USA - Core Durable Goods Orders (MoM) (Oct) USA - Initial Jobless Claims USA - Crude Oil Inventories USA - Michigan Consumer Sentiment (Nov) Tuesday witnessed a retreat in the US stock markets as investors anxiously anticipated the release of the Federal…