Weekly Market Analysis page 41

Key events: China - PBoC Loan Prime Rate USA - FOMC Member Bullard Speaks USA - FOMC Member Bostic Speaks On Friday, US stocks closed lower, and the dollar weakened as discussions to raise the US debt ceiling were suspended. This development unsettled market participants as the deadline to avoid…

Key events:  Canada - Core Retail Sales (MoM) (Mar) USA - Fed Chair Powell Speaks Eurozone - ECB President Lagarde Speaks Continuing their upward momentum, US stocks closed higher for a second consecutive day on Thursday, fueled by growing optimism surrounding a potential US debt ceiling…

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,…

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…

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…

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…

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…

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,…