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Bullish Sentiment Intensifies While Bearish Sentiment Reaches Decades Low | Daily Market Analysis
Key events: UK – Average Earnings Index +Bonus (Dec) UK – Claimant Count Change (Jan) USA – Core CPI (MoM) (Jan) USA – CPI (YoY) (Jan) USA – CPI (MoM) (Jan) After a very positive start to the year in global equity markets, many investors are wondering if there is now a fundamental shift in investor sentiment.
Overblown Risks of a Falling U.S. Economy and China | Daily Market Analysis
Key events: UK – Construction PMI (Nov) Canada – Ivey PMI (Nov) Australia – RBA Rate Statement USA – EIA Short-Term Energy Outlook U.S. stocks fell while bond yields jumped after the release of positive ISM service sector data suggesting that the most important part of the U.S. economy, where sticky inflation lives, is not close to collapse.
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