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US Retail Sales Drop 1% as Fed Predicts More Rate Hikes | Daily Market Analysis
Key events:
Top 5 This Week: Confrontation Over the U.S. Government Debt Ceiling and Tech Giant Reports | Daily Market Analysis
Key events:
Markets Still Have Plenty of Economic Impediments | Daily Market Analysis
Key events: UK – CBI Industrial Trends Orders (Dec) Canada – RMPI (MoM) (Nov) New Zealand – Trade Balance (MoM) (Nov) U.S. stocks declined on Friday, with the S&P down 1%, and a similar decline was seen in Europe as the market continued to digest the hawkish messages from the ECB and the Fed last week. Over the week, the S&P was down 2%. U.S. 10-year bond yields rose 3 bps to 3.48% on Friday and were down 10 bps for the week.
The Dollar Weakens Ahead of Thanksgiving | Daily Market Analysis
Key events: UK – Composite PMI UK – Manufacturing PMI UK – Services PMI USA – Building Permits USA – Core Durable Goods Orders (MoM) (Oct) USA – Initial Jobless Claims USA – New Home Sales (Oct) USA – Crude Oil Inventories USA – FOMC Meeting Minutes
Further Monetary Policy Tightening to Hold No Good to the Stock Market | Daily Market Analysis
Key events: New Zealand - Labor Day UK - Composite PMI UK - Manufacturing PMI UK - Services PMI