Weekly Market Analysis page 41

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…

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…

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…

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-…

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,…

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&…

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…

Key events: Australia - RBA Interest Rate Decision (May) Australia - RBA Rate Statement UK - Manufacturing PMI (Apr) Eurozone - CPI (YoY) (Apr) USA - JOLTs Job Openings (Mar) US markets ended the first day of May mostly unchanged as European markets were closed. However, the Nasdaq 100 had its…

Key events: USA - ISM Manufacturing PMI (Apr) Last week, the stock market continued its upward momentum as investors analyzed the latest earnings reports and economic data. However, Friday brought news of the collapse of First Republic Bank, which was brought down by hysteria sparked by venture…

Key events: USA - Core PCE Price Index (MoM) (Mar) Canada - GDP (MoM) (Feb) Although there have been a number of positive earnings announcements, European markets have faced difficulties gaining momentum yesterday following yesterday's losses. However, there has been some minor buying activity in…

Key events: USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims USA - Pending Home Sales (MoM) (Mar) Yesterday, worries about the economic future loomed over European markets, resulting in a second consecutive day of decline. This was compounded by profit-taking in luxury markets and a lack of…

Key events: Australia - CPI (QoQ) (Q1) USA - Core Durable Goods Orders (MoM) (Mar) USA - Crude Oil Inventories On Tuesday, there was some downward pressure on equity markets due to a variety of earnings reports, and investors are also waiting for more US data later in the week. Despite recent…