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Key events:  Australia - Building Approvals USA - FOMC Member Harker Speaks The week concluded with the S&P 500 and Nasdaq achieving record closes, propelled by a decline in Treasury yields and a surge in chip stocks led by Nvidia. Tech sector quarterly results continue to reflect a growing demand for artificial intelligence.

Key events: Eurozone - German GDP (QoQ) (Q4) Eurozone - ECB's Schnabel Speaks Eurozone - ECB's Supervisory Board Member Jochnick Speaks Investors propelled the S&P 500 and Dow Jones Industrial Average to historic closing highs on Thursday, driven by a surge in interest in growth and technology stocks. This came on the heels of Nvidia (NASDAQ: NVDA), a prominent figure in artificial intelligence, reporting impressive earnings and providing an optimistic outlook.

Key events: UK - CPI (YoY) (Jan) USA - Crude Oil Inventories Japan - GDP (QoQ) (Q4) On Tuesday, the Dow experienced a substantial decline, marking its most significant daily loss since March 2023. This downturn was triggered by a surge in Treasury yields, propelled by an inflation report that exceeded expectations. The report dampened hopes for an earlier and more aggressive Federal Reserve rate-cutting cycle.

Key events: USA - Core PCE Price Index (MoM) (Dec) USA - Core PCE Price Index (YoY) (Dec) The S&P 500 achieved consecutive record closes for the fifth day, with positive corporate earnings and optimistic economic growth offsetting concerns about inflation, leading to a decline in Treasury yields. The Dow Jones Industrial Average rose by 242 points (0.6%), while the S&P 500 reached a record of 4,894.92, closing 0.5% higher. The Nasdaq Composite also ended 0.2% higher.

Key events: UK - Average Earnings Index +Bonus (Nov) UK - Employment Change 3M/3M (MoM) (Nov) UK - Unemployment Rate (Nov) Eurozone - German CPI (MoM) (Dec) USA - NY Empire State Manufacturing Index (Jan) UK - BoE Gov Bailey Speaks USA - Fed Waller Speaks On Monday night, US stocks indicated a lower opening as Wall Street awaited forthcoming data and bank earnings, seeking insights into the current state of the American consumer.

Key events: 

Key events:

Key events:   USA - Export Price Index (MoM) (Aug)   USA - Import Price Index (MoM) (Aug)   USA - NY Empire State Manufacturing Index (Sep) USA - Industrial Production (MoM) (Aug) USA - Michigan Consumer Sentiment (Sep) On Thursday, US stocks surged as robust retail sales figures defied expectations of a weaker economy, despite a hotter-than-anticipated inflation report.

The EUR/GBP pair, often referred to as the Euro-British Pound pair, is a crucial entity within the world of forex trading. This pairing represents the exchange rate between the Euro (EUR), the official currency of the Eurozone, and the British Pound (GBP), the currency of the United Kingdom. As two of the most influential economies on the global stage, the fluctuations in the EUR/GBP exchange rate can provide valuable insights into the economic health and geopolitical dynamics of both regions.