Weekly Market Analysis page 40
May 18, 2023
Key events:
Australia - Employment Change (Apr)
New Zealand - Annual Budget Release
Eurozone - ECB President Lagarde Speaks
UK - BoE MPC Treasury Committee Hearings
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (May)
USA - Existing Home Sales (Apr)
On Wednesday,…
May 17, 2023
Key events
Eurozone - CPI (YoY) (Apr)
UK - BoE Gov Bailey Speaks
USA - Building Permits (Apr)
USA - Crude Oil Inventories
On Tuesday, the US stock indices ended the day in negative territory due to unfavorable predictions made by Home Depot (NYSE: HD) and the release of April's US retail…
May 16, 2023
Key events:
Australia - RBA Meeting Minutes
UK - Average Earnings Index +Bonus (Mar)
UK - Claimant Count Change (Apr)
USA - Core Retail Sales (MoM) (Apr)
USA - Retail Sales (MoM) (Apr)
Canada - Core CPI (MoM) (Apr)
Eurozone - ECB President Lagarde Speaks
On Monday, the S&P 500 and the Dow…
May 15, 2023
Key events:
Eurozone - EU Economic Forecasts
Eurozone - Industrial Production (MoM) (Mar)
USA - FOMC Member Bostic Speaks
USA - FOMC Member Kashkari Speaks
UK - BoE MPC Member Pill Speaks
Last week, the US stock markets closed on a mostly negative note. The Dow Jones Industrial Average dropped by…
May 12, 2023
Key events:
UK - GDP (MoM) (Mar)
UK - GDP (YoY) (Q1)
UK - GDP (QoQ) (Q1)
UK - Manufacturing Production (MoM) (Mar)
UK - Monthly GDP 3M/3M Change (Mar)
Both European and US markets had mixed sessions yesterday, with concerns over a slowdown in the Chinese and US economies leading to a selloff in…
May 11, 2023
Key events:
UK - BoE Interest Rate Decision (May)
UK - BoE MPC Meeting Minutes
USA - Initial Jobless Claims
USA - PPI (MoM) (Apr)
UK - BoE Gov Bailey Speaks
The softer-than-expected US Consumer Price Index (CPI) data released on Wednesday has increased confidence in the market that a US Federal…
May 10, 2023
Key events:
USA - Core CPI (MoM) (Apr)
USA - CPI (MoM) (Apr)
USA - CPI (YoY) (Apr)
USA - Crude Oil Inventories
S&P 500 daily chart
On Wednesday, Asian stocks were experiencing difficulty making gains, and the dollar was steady as investors waited for US consumer price data, which could…
May 09, 2023
Key events:
Australia – Retail Sales (MoM)
USA – EIA Short-Term Energy Outlook
At the beginning of the week, the stock market was mixed and lacking direction in terms of risk appetite, as investors await the release of key US CPI data and a string of corporate earnings reports later in…
May 08, 2023
Key events:
Australia - Building Approvals (MoM) (Mar)
Australia - NAB Business Confidence (Apr)
Eurozone - ECB's Lane Speaks
US equities showed strength on Friday, with the S&P 500 rising by 1.8% after experiencing four consecutive down days. This gain came despite a week of better-than-…
May 05, 2023
Key events:
UK - Construction PMI (Apr)
USA - Nonfarm Payrolls (Apr)
USA - Unemployment Rate (Apr)
Canada - Employment Change (Apr)
European markets experienced a negative session yesterday, erasing the slight recovery that occurred on Wednesday and more. The FTSE 100 dropped to a four-week low,…
May 04, 2023
Key events:
New Zealand - RBNZ Gov Orr Speaks
UK - Composite PMI (Apr)
UK - Services PMI (Apr)
Eurozone - Deposit Facility Rate (May)
Eurozone - ECB Marginal Lending Facility
Eurozone - ECB Monetary Policy Statement
Eurozone - ECB Interest Rate Decision (May)
USA - Initial Jobless Claims&…
May 03, 2023
Key events:
New Zealand - Employment Change (QoQ) (Q1)
New Zealand - RBNZ Gov Orr Speaks
Australia - Retail Sales (MoM) (Mar)
USA - ADP Nonfarm Employment Change (Apr)
USA - Services PMI (Apr)
USA - ISM Non-Manufacturing PMI (Apr)
USA - Crude Oil Inventories
USA - FOMC Statement
USA - Fed Interest…