NASDAQ page 2

Key events: USA - Average Hourly Earnings (MoM) (May) USA - Nonfarm Payrolls (May) USA - Unemployment Rate (May) On Thursday, global stock markets experienced a rise following the passage of a bill by the US House of Representatives to increase the federal debt ceiling. Concurrently, US Treasury yields declined as data indicated a cooling labor market, diminishing the likelihood of an interest rate hike by the Federal Reserve.

Key events:  USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims USA - Pending Home Sales (MoM) (Apr) On Wednesday, the major indices of Wall Street closed in negative territory due to the ongoing discussions between the White House and Republican representatives regarding the increase in the US debt ceiling, which have not resulted in a deal yet.

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 sales data, which indicated a decrease in consumer spending. Additionally, concerns surrounding interest rates and ongoing negotiations regarding the debt limit had a dampening effect on market sentiment.

The New York Stock Exchange (NYSE) appeared 231 years ago, immediately changed the US market, and became the largest marketplace for buying and selling assets in the world.  Nicknamed the BigBoard, it guides all market participants. Global traders monitor the NYSE on a daily basis as it affects subsequent European and Asian exchange operations. The global economic ups and downs of the last 100 years also begin in New York. In this article, you will find out how the NYSE evolved and why everyone is watching it now.

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 best monthly close in a year, and the S&P 500 almost reached its highest point for the year.

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 certain crucial sectors, with consumer staples and financials receiving a boost from strong company updates. The FTSE100 has not performed as well, mainly due to underperformance in the energy sector and weakness in BP and Shell.

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 strength in defensive industries, creating a broader drag on the markets.

Key events:

Key events:        

Key events:         UK – CPI (YoY) (Feb) Eurozone – ECB President Lagarde Speaks      USA – Crude Oil Inventories USA – FOMC Economic Projections      USA – Fed Interest Rate Decision USA – FOMC Press Conference The Federal Reserve began its two-day monetary policy meeting yesterday while the market is still under stress after three weeks of severe financial instability on both sides of the Atlantic.