UK GDP
Global Equities Surge to New Highs Amid Earnings Optimism and Rate Cut Speculation | Daily Market Analysis
Key events: Canada - Building Permits (MoM) (Mar) USA - FOMC Member Mester Speaks Global equities surged on Friday, driving European stocks to new record highs amid robust corporate earnings and expectations of imminent central bank interest rate cuts. Despite signs of decelerating US economic growth, the dollar managed to edge higher.
US Stocks Drop as Inflation Data Dampens Rate Cut Hopes; Bank of Canada Holds Rates Steady Amid Rate Cut Speculation | Daily Market Analysis
Key events: Eurozone - Deposit Facility Rate (Apr) Eurozone - ECB Interest Rate Decision (Apr) USA - Initial Jobless Claims USA - PPI (MoM) (Mar) Eurozone - ECB Press Conference USA - 30-Year Bond Auction Wednesday witnessed a downturn in US stocks as hotter-than-anticipated inflation data dashed hopes of an early interest rate cut by the Federal Reserve, sending ripples of concern across the market.
Dow Ends on a Positive Note Despite Inflation Concerns; Tech Stocks Drive Nasdaq's 1.3% Gain | Daily Market Analysis
Key events: UK - GDP (MoM) (Dec) UK - GDP (YoY) (Q4) USA - Core Retail Sales (MoM) (Jan) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Feb) USA - Retail Sales (MoM) (Jan) The Dow concluded Wednesday on a positive note, witnessing a rebound as investors seized the opportunity to buy stocks following a previous day's sell-off prompted by a stronger-than-expected US inflation report.
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