Weekly Market Analysis page 39

Key events:  UK - GDP (MoM) (May) USA - Initial Jobless Claims USA - PPI (MoM) (Jun) The Dow Jones Industrial Average closed higher on Wednesday, despite giving up some of its gains. The positive finish was driven by a decline in Treasury yields and a boost in the tech sector following data that…

Key events: New Zealand - RBNZ Interest Rate Decision USA - Core CPI (MoM) (Jun) USA - CPI (YoY) (Jun) USA - CPI (MoM) (Jun) Canada - BoC Interest Rate Decision USA - Crude Oil Inventories Stocks recorded gains on Tuesday, primarily driven by the energy and big tech sectors, while investors…

Key events: UK - Employment Change 3M/3M (MoM) (May) UK - Unemployment Rate (May) Eurozone - ZEW Economic Sentiment (Jul) USA - FOMC Member Bullard Speaks USA - EIA Short-Term Energy Outlook        During Monday evening's trading, US stock futures remained within a narrow range. This followed…

Key events: USA - FOMC Member Daly Speaks USA - FOMC Member Mester Speaks USA - FOMC Member Bostic Speaks  UK - BoE Gov Bailey Speaks       On Friday, US stocks showed little change and ended the week with a downward trend as investors analyzed a range of data released at the beginning of the…

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…