Weekly Market Analysis page 31
October 20, 2023
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…
October 19, 2023
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…
October 18, 2023
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…
October 17, 2023
Key events:
Eurozone - ECB's Supervisory Board Member Jochnick Speaks
USA - FOMC Member Williams Speaks
USA - Core Retail Sales (MoM) (Sep)
USA - Retail Sales (MoM) (Sep)
USA - FOMC Member Bowman Speaks
Eurozone - ECB's De Guindos Speaks
The major US stock indices ended Monday with substantial…
October 16, 2023
Key events:
Eurozone - ECB's Enria Speaks
Eurozone - ECB Supervisory Board Member Tuominen Speaks
UK - BoE Deputy Governor Woods Speaks
UK - BoE MPC Member Pill
USA - FOMC Member Harker Speaks
USA - FOMC Member Harker Speaks
Markets are on edge as Israel makes preparations to deploy troops into…
October 13, 2023
Key events:
New Zealand - Business NZ PMI (Sep)
China - CPI (MoM) (Sep)
China - CPI (YoY) (Sep)
UK - BoE Gov Bailey Speaks
USA - Member Harker Speaks
Eurozone - ECB President Lagarde Speaks
European markets experienced another lackluster session, drifting into negative territory following the…
October 12, 2023
Key events:
UK - GDP (MoM) (Aug)
USA - Core CPI (MoM) (Sep)
USA - CPI (YoY) (Sep)
USA - CPI (MoM) (Sep)
USA - Initial Jobless Claims
USA - Crude Oil Inventories
On Wednesday, the Dow Jones Industrial Average concluded the day on a positive note, showing resilience in the face of data indicating…
October 11, 2023
Key events:
USA - PPI (MoM) (Sep)
USA - FOMC Meeting Minutes
On Tuesday, the Dow Jones closed with gains, primarily influenced by fresh comments from the Federal Reserve suggesting a potential pause in rate hikes next month. This development helped keep Treasury yields in check.
The Dow Jones…
October 10, 2023
Key events:
Eurozone - ECB President Lagarde Speaks
USA - FOMC Member Bostic Speaks
USA - FOMC Member Kashkari Speaks
On Monday, the S&P 500 managed to climb despite escalating geopolitical tensions in the wake of the Israel-Hamas conflict, which raised concerns about a broader Middle East…
October 09, 2023
Key events:
Eurozone - ECB's De Guindos Speaks
Eurozone - ECB's Enria Speaks
UK - BoE MPC Member Mann
During Sunday's evening trade, US stock futures were on a downward trajectory, influenced by a flight to safety following a recent Hamas attack on Israel. The Israeli-Palestinian conflict…
October 06, 2023
Key events:
USA - Average Hourly Earnings (MoM) (Sep)
USA - Nonfarm Payrolls (Sep)
USA - Unemployment Rate (Sep)
US stocks experienced a modest decline on Thursday, rebounding from earlier session lows, as investors awaited the monthly jobs report and sought insights into future interest rate…
October 05, 2023
Key events:
Eurozone - ECB's Lane Speaks
USA - Initial Jobless Claims
USA - FOMC Member Mester Speaks
Eurozone - ECB's De Guindos Speaks
USA - FOMC Member Daly Speaks
USA - Fed's Balance Sheet
On Wednesday, the S&P 500 experienced a rise, with the increase in Treasury yields coming…