Daily Market Analysis page 36

Key events:         USA – EIA Short-Term Energy Outlook   This week, investors have a lot of economic data to consider, including the upcoming release of March's consumer price index and producer price index on Wednesday and Thursday, respectively. Based on these reports, it will become clearer…

Key events: UK - Easter Switzerland - Easter Australia - Easter New Zealand - Easter USA - FOMC Member Williams Speaks       The US economy created 236,000 new nonfarm jobs in the first month of spring 2023, according to data released on April 7 by the Labor Department. The figure was slightly…

Key events:         USA – Nonfarm Payrolls (Mar)   USA – Unemployment Rate (Mar) Investors are processing indications of a weakening labor market amid a stable rates environment, with US stocks slightly up on Thursday and set for no change this week. The approaching 1Q23 earnings season adds to…

Key events:         UK – Construction PMI (Mar) USA – Initial Jobless Claims Canada – Employment Change (Mar)   Canada – Ivey PMI (Mar) Yesterday, weak US economic data continued to impact the markets. European markets closed slightly lower, and US markets followed suit after the March ISM…

Key events:         New Zealand – RBNZ Interest Rate Decision New Zealand – RBNZ Rate Statement      UK – Composite PMI (Mar) UK – Services PMI (Mar) USA – ADP Nonfarm Employment Change (Mar)   USA – ISM Non-Manufacturing PMI (Mar) USA – Crude Oil Inventories The economic data that has been…

Key events:         Australia - RBA Interest Rate Decision (Apr) Australia - RBA Rate Statement      USA - JOLTs Job Openings (Feb) European markets had a mixed start to the week, with the DAX performing poorly due to an unexpected announcement by OPEC+ that it will reduce production output by 1.…

Key events:         Australia – Retail Sales (MoM) (Mar) UK – Manufacturing PMI (Mar) USA – ISM Manufacturing PMI (Mar) The end of last week marked the close of a volatile quarter for global markets, with equities finishing on a positive note. The banking sector faced significant turbulence…

Key events:         UK – GDP (QoQ) (Q4) UK – GDP (YoY) (Q4) Eurozone – CPI (YoY) (Mar)    USA – Core PCE Price Index (MoM) (Feb) Canada – GDP (MoM) (Jan) Eurozone – ECB President Lagarde Speaks   The latest CPI figures from Spain and Germany show that headline inflation in Europe decreased…

Key events:         Eurozone – ECB Economic Bulletin      UK – BOE Inflation Letter     USA – GDP (QoQ) (Q4) USA – Initial Jobless Claims U.S. stock indices closed yesterday's trading with growth due to strengthening sectors of technology, finance, and consumer services as concerns about the…

Key events:         USA – Pending Home Sales (MoM) (Feb) USA – Crude Oil Inventories On Tuesday, March 28, the world stock indices were trading without a single trend. In Japan and Hong Kong trading ended on the rise, while Chinese indices closed in a slight minus. European indices were adding…

Key events: Australia - Retail Sales (MoM) (Feb) UK - BoE Gov Bailey Speaks Eurozone - ECB President Lagarde Speaks USA - CB Consumer Confidence (Mar) European markets started the week on a positive note after a sell-off at the end of last week, as the banking sector concerns of the past few days…

Key events:         UK – BoE Gov Bailey Speaks This week will help determine what the Federal Reserve's (Fed) next rate decision will be. The U.S. central bank faces the difficult task of striking a balance between its ongoing fight against inflation and mounting signs of financial instability.…