Euro Area Is Poised For Positive Opening As U.S. Markets Digest Powell's Speech | Daily Market Analysis
Key events: USA – Crude Oil Inventories European markets had a mixed session yesterday, tempered by some uncertainty ahead of scheduled comments from Fed Chairman Powell, who was expected to take a slightly different, more hawkish tone in light of Friday's US jobs report.
Markets Are Assessing Side Effects of the Rate Hikes | Daily Market Analysis
Key events: USA – Building Permits (Nov) Canada – Core Retail Sales (MoM) (Oct) Investors will be watching company reports and macroeconomic data closely this week to see if the Fed's interest-rate hike campaign will cause a recession. Key data, in particular, include the report on building permits, which will be released today.
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