Weekly Market Analysis page 30

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…

Key events: USA - ADP Nonfarm Employment Change (Oct) USA - ISM Manufacturing PMI (Oct) USA - ISM Manufacturing Prices (Oct) USA - JOLTs Job Openings (Sep) USA - Crude Oil Inventories USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference On Tuesday, Wall Street's…

Key events: China - Manufacturing PMI (Oct) Eurozone - CPI (YoY) (Oct) USA - CB Consumer Confidence (Oct) Despite Israel's initial steps into Gaza, European markets have had a positive start to the week. The limited and gradual nature of these actions seems to be easing concerns about potential…

Key events: Eurozone - ECB's De Guindos Speaks Eurozone - ECB's Enria Speaks   Canada - BoC Gov Macklem Speaks During Sunday's evening trading, US stock futures displayed gains after major benchmark indices concluded the week at multi-month lows. Investors are gearing up for a packed week…

Key events:  USA - Core PCE Price Index (MoM) (Sep) USA - Core PCE Price Index (YoY) (Sep) Eurozone - EU Leaders Summit US stocks experienced a significant decline on Thursday, primarily driven by a drop in tech and tech-related large-cap stocks. This downturn was in response to a mix of…

Key events:  Eurozone - Deposit Facility Rate (Oct) Eurozone - ECB Interest Rate Decision (Oct) USA - Core Durable Goods Orders (MoM) (Sep) USA - GDP (QoQ) (Q3)     USA - Initial Jobless Claims Eurozone - ECB Press Conference USA - Pending Home Sales (MoM) (Sep) On Wednesday, US stock indices…

Key events:  USA - Building Permits USA - New Home Sales (Sep) Canada - BoC Interest Rate Decision USA - Crude Oil Inventories USA - Fed Chair Powell Speaks Global stock markets posted gains on Tuesday, driven by positive corporate earnings that boosted investor risk appetite. However, caution…

Key events:                            Eurozone – ECB President Lagarde Speaks  USA – S&P Global Services PMI (Oct)          The Dow Jones Industrial Average declined on Monday due to fluctuating Treasury yields and a surge in technology stocks, which partially offset losses in the energy and…

Key events:  Australia - RBA Assist Gov Bullock Speaks Eurozone - ECB President Lagarde Speaks USA - S&P Global Services PMI (Oct) On Friday, the stock market experienced a decline as investors turned to safe-haven assets like gold and Treasurys due to concerns about the ongoing conflict…

Key events: New Zealand - Trade Balance (MoM) (Sep) UK - Retail Sales (MoM) (Sep) Canada - Core Retail Sales (MoM) (Aug) Canada - Retail Sales (MoM) (Aug) Eurozone - ECB McCaul Speaks USA - FOMC Member Harker Speaks USA - FOMC Member Mester Speaks Thursday saw the Dow ending on a lower note, as…

Key events: USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Oct) USA - Existing Home Sales (Sep) USA - Fed Chair Powell Speaks USA - FOMC Member Bostic Speaks The Dow closed in negative territory on Wednesday as Nvidia continued to put pressure on the tech sector for a…

Key events: UK - CPI (YoY) (Sep) Eurozone - CPI (YoY) (Sep) Eurozone - ECB President Lagarde Speaks USA - Building Permits (Sep) USA - Housing Starts (Sep) USA - Crude Oil Inventories USA - Fed Waller Speaks USA - FOMC Member Williams Speaks USA - FOMC Member Bowman Speaks USA - FOMC Member Harker…