CPI data

Key events: Australia - RBA Interest Rate Decision (Dec) The S&P 500 experienced a downturn on Monday as technology stocks, led by Nvidia, came under pressure just ahead of significant inflation data set for release this week. The Dow Jones Industrial Average fell by 240 points, or 0.5%, while the S&P 500 dropped 0.6%, and the Nasdaq Composite also declined by 0.6%.

Key events: Canada - BoC Gov Macklem Speaks USA - CB Consumer Confidence (Oct) USA - JOLTS Job Openings (Sep) Canada - BoC Senior Deputy Governor Rogers Speaks Canada - BoC Gov Macklem Speaks The S&P 500 wrapped up Monday’s trading session with a gain, building on recent upward momentum as investors turn their focus to an eventful week ahead. Anticipation is high for significant economic data releases and quarterly earnings from leading tech giants.

Key events:

Key events:

Key events: UK - BoE MPC Member Broadbent Speaks USA - FOMC Member Bostic Speaks USA - Fed Vice Chair for Supervision Barr Speaks USA - Fed Waller Speaks USA - FOMC Member Mester Speaks Friday saw the Dow achieving a historic milestone, surpassing 40,000 for the first time ever. This achievement marked a fifth consecutive week of gains, fueled by optimism surrounding potential rate cuts and predominantly positive quarterly earnings reports from corporations, igniting bullish sentiment in the stock market.

In spite of its outward serenity to the casual observer, the forex market, despite its substantial size, often lacks the dramatic fluctuations commonly witnessed in stock markets, especially when examining popular currency pairs. The apparent tranquility of the forex market can be attributed to its remarkable liquidity and accessibility, making it seem relatively dormant in comparison to other financial markets. However, this calm exterior can be deceiving.