Weekly Market Analysis page 35
August 10, 2023
Key events:
USA - Core CPI (MoM) (Jul)
USA - CPI (YoY) (Jul)
USA - CPI (MoM) (Jul)
USA - Initial Jobless Claims
Stock futures climbed during overnight trading on Wednesday, building on slight upswings seen in major benchmark indices. Investors were attentively tracking upcoming earnings…
August 09, 2023
Key events:
USA - Crude Oil Inventories
China - CPI (MoM) (Jul)
China - PPI (YoY) (Jul)
On Tuesday, all three major stock market indicators on Wall Street concluded with losses, as a widespread selloff was prompted by credit rating agency Moody's (NYSE: MCO) downgrading several financial…
August 08, 2023
Key events:
USA - FOMC Member Harker Speaks
USA - Exports
USA - Imports
USA - Trade Balance (Jun)
USA - EIA Short-Term Energy Outlook
On Monday, Wall Street made gains, overcoming early volatility that followed a relatively lackluster performance last week. Investors opted to build positions…
August 07, 2023
Key events:
USA - FOMC Member Harker Speaks
USA - FOMC Member Bowman Speaks
UK - BoE MPC Member Pill Speaks
European markets experienced modest gains on Friday, providing a slight reprieve at the end of an overall negative week. Market sentiment was weighed down by concerns over…
August 04, 2023
Key events:
USA - Average Hourly Earnings (MoM) (Jul)
USA - Nonfarm Payrolls (Jul)
USA - Unemployment Rate (Jul)
Canada - Employment Change (Jul)
Canada - Unemployment Rate (Jul)
Yesterday, European markets experienced another day of losses, with the DAX declining for the 4th consecutive day and…
August 03, 2023
Key events:
UK - BoE Interest Rate Decision (Aug)
USA - Initial Jobless Claims
USA - S&P Global US Services PMI (Jul)
USA - ISM Non-Manufacturing PMI (Jul)
Yesterday, European markets experienced another day of declines, primarily driven by concerns surrounding weaker-than-expected economic…
August 02, 2023
Key events:
USA - ADP Nonfarm Employment Change (Jul)
USA - Crude Oil Inventories
Tuesday witnessed a stumble in the S&P 500, with consumer stocks bearing the brunt of the pressure, as investors absorbed the latest round of quarterly earnings reports.
The S&P 500 declined by 0.3%, while…
August 01, 2023
Key events:
Australia - RBA Interest Rate Decision (Aug)
UK - S&P Global/CIPS UK Manufacturing PMI (Jul)
USA - ISM Manufacturing PMI (Jul)
USA - JOLTs Job Openings (Jun)
On Monday, Wall Street and global stocks showed minimal changes, remaining relatively stable. However, oil prices…
July 31, 2023
Key events:
China - Manufacturing PMI (Jul)
Eurozone - CPI (YoY) (Jul)
On Friday, the Dow Jones Industrial Average concluded with a gain, marking its third consecutive weekly victory as investors showed a strong interest in prominent tech and chip stocks. The surge came in response to a decline…
July 28, 2023
Key events:
Japan - BoJ Press Conference
USA - Core PCE Price Index (MoM) (Jun)
USA - Core PCE Price Index (YoY) (Jun)
On Thursday, the Dow Jones Industrial Average was poised to break its longest winning streak in 36 years, indicating that Wall Street's…
July 27, 2023
Key events:
Eurozone - Deposit Facility Rate (Jul)
Eurozone - ECB Interest Rate Decision (Jul)
USA - Core Durable Goods Orders (MoM) (Jun);
USA - GDP (QoQ) (Q2;
USA - Initial Jobless Claims;
Eurozone - ECB Press Conference
USA - Pending Home Sales (MoM) (Jun)
On Wednesday evening, US stock…
July 26, 2023
Key events:
USA - Building Permits
USA - New Home Sales (Jun)
USA - Crude Oil Inventories
USA - FOMC Statement
USA - Fed Interest Rate Decision
USA - FOMC Press Conference
European markets have had a cautiously optimistic start to the week, with hopes of additional stimulus…
