Dow's Modest Weekly Gain Amid Inflation Concerns, Precious Metals Retreat on Stronger Dollar, and Key Economic Events Ahead | Daily Market Analysis

Key events:   USA - Consumer Inflation Expectations On Friday, the Dow concluded with an increase, achieving a modest weekly advancement. However, the potential for further gains was limited due to resurfacing concerns about inflation, which led to an increase in Treasury yields. These inflation worries also dampened investor expectations that the Federal Reserve would refrain from implementing interest rate hikes later in the year.

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US PPI Data: What Should We Expect? | Daily Market Analysis

Key events:       USA – PPI (MoM) (Nov)   European markets ended the day lower yesterday as nervousness over the global slowdown was very visible, and the market is in defensive mode ahead of the weekend. In contrast, U.S. markets were able to break a five-day losing streak, ending the session higher despite further weakness in oil prices, which reached their lowest levels of the year for the second straight day. This recovery, along with a positive Asian session, looks set to translate into a positive European open.

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