Weekly Market Analysis page 43

Key events:         USA – Nonfarm Payrolls (Mar)   USA – Unemployment Rate (Mar) Investors are processing indications of a weakening labor market amid a stable rates environment, with US stocks slightly up on Thursday and set for no change this week. The approaching 1Q23 earnings season adds to…

Key events:         UK – Construction PMI (Mar) USA – Initial Jobless Claims Canada – Employment Change (Mar)   Canada – Ivey PMI (Mar) Yesterday, weak US economic data continued to impact the markets. European markets closed slightly lower, and US markets followed suit after the March ISM…

Key events:         New Zealand – RBNZ Interest Rate Decision New Zealand – RBNZ Rate Statement      UK – Composite PMI (Mar) UK – Services PMI (Mar) USA – ADP Nonfarm Employment Change (Mar)   USA – ISM Non-Manufacturing PMI (Mar) USA – Crude Oil Inventories The economic data that has been…

Key events:         Australia - RBA Interest Rate Decision (Apr) Australia - RBA Rate Statement      USA - JOLTs Job Openings (Feb) European markets had a mixed start to the week, with the DAX performing poorly due to an unexpected announcement by OPEC+ that it will reduce production output by 1.…

Key events:         Australia – Retail Sales (MoM) (Mar) UK – Manufacturing PMI (Mar) USA – ISM Manufacturing PMI (Mar) The end of last week marked the close of a volatile quarter for global markets, with equities finishing on a positive note. The banking sector faced significant turbulence…

Key events:         UK – GDP (QoQ) (Q4) UK – GDP (YoY) (Q4) Eurozone – CPI (YoY) (Mar)    USA – Core PCE Price Index (MoM) (Feb) Canada – GDP (MoM) (Jan) Eurozone – ECB President Lagarde Speaks   The latest CPI figures from Spain and Germany show that headline inflation in Europe decreased…

Key events:         Eurozone – ECB Economic Bulletin      UK – BOE Inflation Letter     USA – GDP (QoQ) (Q4) USA – Initial Jobless Claims U.S. stock indices closed yesterday's trading with growth due to strengthening sectors of technology, finance, and consumer services as concerns about the…

Key events:         USA – Pending Home Sales (MoM) (Feb) USA – Crude Oil Inventories On Tuesday, March 28, the world stock indices were trading without a single trend. In Japan and Hong Kong trading ended on the rise, while Chinese indices closed in a slight minus. European indices were adding…

Key events: Australia - Retail Sales (MoM) (Feb) UK - BoE Gov Bailey Speaks Eurozone - ECB President Lagarde Speaks USA - CB Consumer Confidence (Mar) European markets started the week on a positive note after a sell-off at the end of last week, as the banking sector concerns of the past few days…

Key events:         UK – BoE Gov Bailey Speaks This week will help determine what the Federal Reserve's (Fed) next rate decision will be. The U.S. central bank faces the difficult task of striking a balance between its ongoing fight against inflation and mounting signs of financial instability.…

Key events:         UK – Retail Sales (MoM) (Feb) UK – Composite PMI    UK – Manufacturing PMI    UK – Services PMI   Eurozone – EU Leaders Summit      USA – Core Durable Goods Orders (MoM) (Feb) Canada – Core Retail Sales (MoM) (Jan) The Bank of England raised its rate by 25 points to 4.25%,…

Key events:         Switzerland - SNB Interest Rate Decision (Q1)     Switzerland - SNB Press Conference      Eurozone - EU Leaders Summit        UK - BoE Interest Rate Decision (Mar) UK - BoE MPC Meeting Minutes      USA - Building Permits   USA - Initial Jobless Claims USA - New Home Sales (Feb…