UK CPI

Key events: UK - Unemployment Rate (May) Eurozone - Deposit Facility Rate (Jul) Eurozone - ECB Interest Rate Decision (Jul) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Jul) Eurozone - ECB Press Conference The Dow surged on Wednesday, led by gains in financial and energy sectors as investors rotated away from tech stocks, which were hit by an Nvidia-led decline on geopolitical concerns.

Key events: UK - CPI (YoY) (Jun) Eurozone - CPI (YoY) (Jun) USA - Crude Oil Inventories The Dow had its best day in over a year on Tuesday, closing at fresh record highs, buoyed by better-than-expected retail sales data and a series of mostly positive quarterly earnings reports.

Key events: UK - CPI (YoY) (May) US stocks exhibited stability following the release of subdued retail sales data, which raised concerns about the strength of the US economy while also increasing the likelihood of interest rate cuts this year. The Dow Jones Industrial Average remained mostly unchanged, the S&P 500 edged up by 7 points (or 0.1%), and the NASDAQ Composite traded flat.

Key events: Eurozone - ECB's Lane Speaks Eurozone - ECB President Lagarde Speaks Eurozone - ECB's De Guindos Speaks USA - Member Williams Speaks USA - FOMC Member Harker Speaks On Friday, the Nasdaq achieved its fifth consecutive record high, driven by gains in Adobe and other technology stocks, while the S&P 500 and Dow ended the day slightly lower. Although the S&P 500 did not extend its four-day streak of record closing highs, it still recorded a weekly gain of over 1%.

Key events:  New Zealand - RBNZ Interest Rate Decision UK - CPI (YoY) (Apr) USA - Existing Home Sales (Apr) USA - Crude Oil Inventories USA - FOMC Meeting Minutes The S&P 500 and Nasdaq reached record highs on Tuesday, as investors capitalized on a dip in tech stocks ahead of Nvidia's highly anticipated earnings report due Wednesday. The Dow Jones Industrial Average climbed 66 points, or 0.2%, while the S&P 500 increased by 0.3%, and the Nasdaq Composite rose by 0.2%.