Core PCE

European Markets Struggle, US Markets Positive After Slow Q1 GDP

European Markets Struggle, US Markets Positive After Slow Q1 GDP | Daily Market Analysis

Key events: USA - Core PCE Price Index (MoM) (Mar) Canada - GDP (MoM) (Feb) Although there have been a number of positive earnings announcements, European markets have faced difficulties gaining momentum yesterday following yesterday's losses. However, there has been some minor buying activity in certain crucial sectors, with consumer staples and financials receiving a boost from strong company updates. The FTSE100 has not performed as well, mainly due to underperformance in the energy sector and weakness in BP and Shell.

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Pre-Christmas U.S. Data May Contribute to Falling U.S. Dollar | Daily Market Analysis

Pre-Christmas U.S. Data May Contribute to Falling U.S. Dollar | Daily Market Analysis

Key events:       USA – Core Durable Goods Orders (MoM) (Nov) USA – Core PCE Price Index (MoM) (Nov)   Canada – GDP (MoM) (Oct)   USA – New Home Sales (Nov)  

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