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Markets Eye U.S. Elections and Digest Employment Data | Daily Market Analysis
Key events: Eurozone – ECB President Lagarde Speaks U.S. stock indices were up in trading on Friday but finished the week in the red, and the drop in Nasdaq Composite became the maximum since January. Most importantly, the market was supported on Friday by the statistical data on unemployment in the USA for October, which showed that the labor market remains strong, but began to lose momentum to growth.
Corporate Results, Fed and Inflation Are Still Key Drivers | Daily Market Analysis
Key events:
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?
Rising Dollar Makes Central Banks Catch Up | Daily Market Analysis
Key events: USA - GDP (QoQ) (Q2) USA - Initial Jobless Claims Canada - GDP (MoM) (Jul) New Zealand - RBNZ Gov Orr Speaks The dollar rose to a new high as the pressure of rising U.S. interest rates on the global economy continues to intensify.
Central Banks on the Verge of Panic Over Inflation | Daily Market Analysis
Key events: USA - Existing Home Sales (Aug)
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