Weekly Market Analysis page 37

Key events: USA - Average Hourly Earnings (MoM) (Jun) USA - Nonfarm Payrolls (Jun) USA - Unemployment Rate (Jun) On Thursday, the Dow closed with a decrease as strong job market data prompted expectations of additional Federal Reserve rate hikes. This led to a surge in Treasury yields, causing…

Key events: USA - ADP Nonfarm Employment Change (Jun) USA - Initial Jobless Claims USA - Services PMI (Jun) USA - ISM Non-Manufacturing PMI (Jun) USA - JOLTs Job Openings (May) USA - Crude Oil Inventories On Wednesday, the Dow ended the day with a decline as the Federal Reserve's meeting minutes…

Key events: USA - FOMC Meeting Minutes                      During Monday's evening deals, US stock futures exhibited a mixed pattern after a shortened regular session. Tesla Inc (NASDAQ: TSLA) experienced a notable surge of 6.9% due to better-than-expected delivery and production figures.…

Key events: USA - United States - Independence Day Australia - RBA Interest Rate Decision (Jul) In a shortened session on Monday, Wall Street's primary indices eked out modest gains, supported by a surge in Tesla (NASDAQ: TSLA) and the resilience of bank shares, setting a subdued tone for the…

Key events: USA - Independence Day - Early close at 13:00 UK - Manufacturing PMI (Jun) USA - ISM Manufacturing PMI (Jun) Friday saw a solid advance in Wall Street's three major indices, with the Nasdaq, known for its focus on technology stocks, recording its largest first-half gain in 40 years.…

Key events: UK - GDP (YoY) (Q1) UK - GDP (QoQ) (Q1) Eurozone - CPI (YoY) (Jun)    USA - Core PCE Price Index (MoM) (May)     On Thursday, US stock indices experienced slight gains as bank shares surged following the Federal Reserve's positive outcome of the annual stress test. Additionally,…

Key events: USA - Fed Chair Powell Speaks USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims USA - Pending Home Sales (MoM) (May) On Wednesday, the Nasdaq experienced a modest increase, supported by the performance of large-cap stocks. However, the S&P 500 and the Dow closed lower following…

Key events: USA – Fed Chair Powell Speaks      USA – Crude Oil Inventories     Tuesday saw a resurgence in US stock indices, marking a recovery from a recent series of losses. This rebound was driven by encouraging economic data, which alleviated concerns among investors about an imminent…

Key events:      Eurozone - ECB President Lagarde Speaks                         USA - Building Permits      USA - Core Durable Goods Orders (MoM) (May)      USA - CB Consumer Confidence (Jun)          USA - New Home Sales (May)                             On Monday, US stocks concluded the day…

Key events: Eurozone - ECB McCaul Speaks Eurozone - ECB President Lagarde Speaks US stocks are declining as the global growth forecast continues to worsen due to weak global PMI readings. The risk of a severe economic downturn is higher for Europe compared to the US, which could maintain support…

Key events:                                                    UK - Manufacturing PMI                              USA - FOMC Member Mester Speaks     USA - FOMC Member Bostic Speaks          USA - FOMC Member Bullard Speaks                     USA -    Services PMI (Jun)                        …

Key events:           Switzerland - SNB Interest Rate Decision (Q2)   Switzerland - SNB Press Conference      UK - BoE Interest Rate Decision (Jun)   UK - BOE Inflation Letter     USA - Initial Jobless Claims USA - Existing Home Sales (May)   USA - Fed Chair Powell Testifies      USA - Crude Oil…