Dow's Modest Weekly Gain Amid Inflation Concerns, Precious Metals Retreat on Stronger Dollar, and Key Economic Events Ahead | Daily Market Analysis
Key events: USA - Consumer Inflation Expectations On Friday, the Dow concluded with an increase, achieving a modest weekly advancement. However, the potential for further gains was limited due to resurfacing concerns about inflation, which led to an increase in Treasury yields. These inflation worries also dampened investor expectations that the Federal Reserve would refrain from implementing interest rate hikes later in the year.
Anticipated US Inflation Report and Economic Dynamics Shape Investor Sentiment | Daily Market Analysis
Key events: USA - FOMC Member Harker Speaks USA - Exports USA - Imports USA - Trade Balance (Jun) USA - EIA Short-Term Energy Outlook On Monday, Wall Street made gains, overcoming early volatility that followed a relatively lackluster performance last week. Investors opted to build positions ahead of the eagerly anticipated US inflation report scheduled for Thursday.
Inflation Data and Central Bank Meetings in the Spotlight | Daily Market Analysis
Key events: UK – Average Earnings Index +Bonus (Oct) UK – Claimant Count Change (Nov) UK – BoE Gov Bailey Speaks USA – Core CPI (MoM) (Nov) USA – CPI (YoY) (Nov) USA – CPI (MoM) (Nov)
DXY Is Still Weak Ahead Of Fed Meeting | Daily Market Analysis
Key events: Eurozone – ECB's Supervisory Board Member Jochnick Speaks UK – NIESR Monthly GDP Tracker USA – Federal Budget Balance (Nov) Canada – BoC Gov Macklem Speaks
US PPI Data: What Should We Expect? | Daily Market Analysis
Key events: USA – PPI (MoM) (Nov) European markets ended the day lower yesterday as nervousness over the global slowdown was very visible, and the market is in defensive mode ahead of the weekend. In contrast, U.S. markets were able to break a five-day losing streak, ending the session higher despite further weakness in oil prices, which reached their lowest levels of the year for the second straight day. This recovery, along with a positive Asian session, looks set to translate into a positive European open.
What's the Logic Behind the Stock Market Optimism? | Daily Market Analysis
Key events: UK – Average Earnings Index +Bonus (Sep) UK – Claimant Count Change (Oct) USA – PPI (MoM) (Oct) The market was swept by another wave – this time of incredible positivity and general joy. Indices are rising very confidently and briskly no matter what, the dollar index is falling, and bond yields have stopped... Many things happened last week. Let's bring it all up in order.
The Market is Waiting for the US CPI Report | Daily Market Analysis
Key events: Eurozone - ECB President Lagarde Speaks US - EIA Short-Term Energy Outlook US - FOMC Meeting Minutes
Increased Volatility Ahead | Daily Market Analysis
Key events: UK - Average Earnings Index +Bonus (Aug) UK - Claimant Count Change (Sep) UK - BoE Gov Bailey Speaks We have a dashing month ahead of us. Over the next 30 days, there will be a number of important events that will keep traders on edge.
Fighting Inflation Could Worsen Countries' Credit Ratings | Daily Market Analysis
Key events: Eurozone - ECB's Lane Speaks ECB minutes came out. From the minutes of the September meeting of the ECB, it follows that the members of the regulator fear the consolidation of inflation at an elevated level. That's why the rate was raised by 75 basis points, not 50, as the markets expected. For the return of price stability, politicians are willing to sacrifice economic growth in the eurozone. However, the question is still here — what about a possible debt crisis? Wouldn't the ECB follow the Bank of England`s lead?
Markets Are At The Crossroad: What Should You Expect? | Daily Market Analysis
Key events: USA - Building Permits (Aug)