Core CPI page 2
US Retail Sales Data Fails to Add Any Clarity | Daily market Analysis
Key events: Australia – Employment Change (Jan) USA – Building Permits (Jan) USA – Initial Jobless Claims USA – Philadelphia Fed Manufacturing Index (Feb) USA – PPI (MoM) (Jan) The U.S. stock market ended Wednesday's trading on the plus with growth in the last hour of the session. Traders tried to assess the next batch of statistical data on the U.S. economy and draw conclusions as to what they could mean for the further policy direction of the Federal Reserve System.
Dollar Rises Against Euro, Yen Plunges as BOJ Keeps Rates Unchanged | Daily Market Analysis
Key events: UK – CPI (YoY) (Dec) Eurozone – CPI (YoY) (Dec) USA – Core Retail Sales (MoM) (Dec) PPI (MoM) (Dec) Retail Sales (MoM) (Dec) The dollar is getting stronger against the euro and stable against the pound sterling in the course of trading on Wednesday. The Japanese yen is getting cheaper amid the results of the Bank of Japan meeting.
What Should We Expect from Markets this Week? | Daily Market Analysis
Key events: Canada – GDP (MoM) (Sep) UK – BoE Gov Bailey Speaks USA – CB Consumer Confidence (Nov) Friday's U.S. jobs report for November will be the main event this week as investors remain hopeful that the Federal Reserve will soon slow the pace of rate hikes. Fed Chairman Jerome Powell's midweek remarks will be closely watched. Eurozone inflation data will also be in focus, as will China's PMI data amid fears of renewed COVID-19 cases. Here's what you should keep in mind this week.
Markets Are Post-Euphoric Amid CPI Data | Daily Market Analysis
Key events: Canada – Core Retail Sales (MoM) (Sep) USA – FOMC Member Bullard Speaks USA – API Weekly Crude Oil Stock
U.S. inflation sinks for the first time since January: What That Means? | Daily Market Analysis
Key events: Eurozone – CPI (YoY) (Oct) UK – Autumn Forecast Statement USA – Building Permits (Oct) USA – Initial Jobless Claims USA – Philadelphia Fed Manufacturing Index (Nov)
Has the Market Bottomed Out? | Daily Market Analysis
Key events: USA – Core CPI (MoM) (Oct) USA – CPI (YoY) (Oct) USA – CPI (MoM) (Oct) USA – Initial Jobless Claims The U.S. stock market rebounded strongly in October, with the S&P 500 index surging 8.8%. November started slightly less well, with the key U.S. index down 1.68% in the first five trading sessions. Nonetheless, it is obvious now that the large-scale sell-off seen in the stock market during the first nine months of 2022 has stopped, at least for the time being.
The Truss Fiasco Could Be the Herald of a Global Crisis | Daily Market Analysis
Key events: Eurozone - CPI (YoY) (Sep) USA - Building Permits (Sep) Canada - Core CPI (MoM) (Sep) USA - Crude Oil Inventories If mistakes by central banks lead to high interest rates and recession, real chaos is created by the government. This is the case in Britain when it comes to the tug-of-war between fiscal and monetary policy.