Weekly Market Analysis page 9

Key events: UK - Employment Change 3M/3M (MoM) (Sep) UK - Unemployment Rate (Sep) UK - BoE MPC Member Pill Speaks USA - Fed Waller Speaks USA - FOMC Member Kashkari Speaks The Dow continued its rally on Monday, closing above 44,000 for the first time amid strong momentum in the stock market.…

Key events: Eurozone - ECB McCaul Speaks On Friday, the S&P 500 surged to new record levels, achieving both intraday and closing highs as optimism builds over the potential for economic expansion under a second Trump administration. The index climbed 0.4% to end at a historic high of 6,013.2…

Key events: UK - BoE MPC Member Pill Speaks Canada - Employment Change (Oct) Canada - Unemployment Rate (Oct) USA - Michigan Consumer Sentiment (Nov) USA - FOMC Member Bowman Speaks The S&P 500 marked another milestone on Thursday, reaching fresh record highs as investor optimism continued…

Key events: UK - BoE Interest Rate Decision (Nov) USA - Initial Jobless Claims USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference On Wednesday, the Dow Jones Industrial Average reached new heights, posting its strongest gains since 2022 after Donald Trump’s election…

Key events: USA - Crude Oil Inventories USA - 30-Year Bond Auction The S&P 500 surged on Election Day, Tuesday, driven by continued gains in the tech sector. The Dow Jones Industrial Average rose by 427 points, or 1%, while the S&P 500 increased by 1.2%, and the NASDAQ Composite gained 1.…

Key events: Australia - RBA Interest Rate Decision (Nov) USA - US Presidential Election USA - S&P Global Services PMI (Oct) USA - ISM Non-Manufacturing PMI (Oct) USA - ISM Non-Manufacturing Prices (Oct) USA - 10-Year Note Auction As the week kicked off, US markets took a cautious stance, with…

Key events: Eurozone - Eurogroup Meetings Eurozone - ECB's Elderson Speaks New Zealand - RBNZ Financial Stability Report The Dow Jones Industrial Average rose by nearly 300 points, or 0.71%, on Friday, driven by weaker-than-expected economic data that strengthened investor expectations for more…

Key events: USA - Average Hourly Earnings (MoM) (Oct) USA - Nonfarm Payrolls (Oct) USA - Unemployment Rate (Oct) USA - S&P Global US Manufacturing PMI (Oct) USA - ISM Manufacturing PMI (Oct) USA - ISM Manufacturing Prices (Oct) The US stock market saw a notable decline on Thursday, driven by…

Key events: Japan - BoJ Interest Rate Decision Eurozone - CPI (YoY) (Oct) USA - Core PCE Price Index (YoY) (Sep) USA - Core PCE Price Index (MoM) (Sep) USA - Initial Jobless Claims USA - Chicago PMI (Oct) The S&P 500 ended Wednesday in the red after alternating between gains and losses as…

Key events: UK - Autumn Forecast Statement USA - ADP Nonfarm Employment Change (Oct) USA - GDP (QoQ) (Q3) USA - Crude Oil Inventories The Nasdaq closed at a new all-time high on Tuesday, disregarding mixed economic signals as technology stocks continued their upward trend ahead of key earnings…

Key events: Canada - BoC Gov Macklem Speaks USA - CB Consumer Confidence (Oct) USA - JOLTS Job Openings (Sep) Canada - BoC Senior Deputy Governor Rogers Speaks Canada - BoC Gov Macklem Speaks The S&P 500 wrapped up Monday’s trading session with a gain, building on recent upward momentum as…

Key events: Canada - BoC Gov Macklem Speaks Eurozone - ECB's De Guindos Speaks The Nasdaq closed higher Friday as tech stocks continued to rally, driven by investor enthusiasm ahead of a crucial week for earnings in the sector. The NASDAQ Composite rose 0.6% to close at 18,519.36, approaching its…