While earnings season continues, investors will mainly focus on Central Bank interest rate announcements in the US, Europe, and Australia. At the same time, the US Nonfarm payroll announcement on Friday also should be watched closely, along with PMI numbers across the globe. Let’s review the most important event and data in the week ahead. […]
While the Manufacturing sector still suffers, the service sector growth is strong. According to the data published on Friday, S&P Global’s flash rose to 54.1 from 52.0 in February, clearly above the 50 levels, indicating growth and challenging the analysts’ expectations for slower growth. The service sector is fine, but the Manufacturing sector can still […]
While on Thursday, March 16, eyes will be on the ECB interest rate decision, and we are waiting for a 50 bps rate hike, I must emphasize that the liquidity position of the Eurozone banking sector appears to have improved in recent years, suggesting more of a balance between banks’ deposits base and loans extended […]
Let us see what we expect from the week, which starts with the Eurogroup meeting. After last week’s great employment numbers and ahead of next week’s FOMC meeting, US inflation numbers and the ECB meeting will be at the center of the stage in the week ahead. UK labor data and Australian and US Housing […]
Last week most markets closed lower, and US 10-year bond Yields rose towards 4%, while this week, eyes will be on EU inflation numbers. Last Friday, the January US core PCE price index recorded 4.7% year-on-year, above the 4.3% market estimate and 4.6% in December. On the monthly scale, prices rose by 0.6%, exceeding market […]
More signs for the next moves! We can determine the central banks’ following possible decisions with the varied data we will have this week. US Consumer Confidence and Durable Goods orders, Eurozone inflation, and PMIs from the US, UK, China, and Europe make it essential this week, while with better-than-expected Markit PMI numbers last week, […]
Holidays in Asia, Earnings in the US In the week ahead and because of Lunar New Year, China’s markets will be closed for a whole week. South Korea, Malaysia, and Japan on Mondays and Tuesdays will be closed. In general, it can be said that Asians will not be very active in the coming week. […]
After passing through a terrible year, Europe enters a difficult transition period in 2023. While the world was preparing to celebrate the victory over Covid-19 and a new beginning and analysts were discussing different possible recovery shapes, President Putin entered the world into a new and historical period by attacking Ukraine. However, along with the […]
After last week’s ECB meeting, which was much more hawkish than expected, with Mrs. Lagarde’s state about inflation, interest rate, and the need to raise rates, Euro got more vital, and European stocks experienced some pressure on their prices. After Thursday’s ECB meeting, we had the inflation numbers last Friday. Final Eurozone inflation enhanced concerns. […]
At the time of writing, Mrs. Lagarde’s testimony in the European Parliament continues. So far she told that Eurozone inflation has not peaked and the risk is that it will turn out even higher than currently expected. In its Monday speech, European Central Bank President Christine Lagarde also said: “We do not see the components […]
The last NFP of 2022! After a shortened and light week that we had because of the Thanksgiving holidays, the week ahead will be a huge week with too many events and news to watch closely. With US NFP numbers we can guess what we have to expect from the next Fed meeting, Chinese PMI […]
Thanksgiving and financial outlook! With the Thanksgiving holidays on Thursday and Friday, we will have a short week and some economic data and events to watch, mostly on Wednesday. This light week can be a good pause for investors to review the recently published data and things that happened. 1- RBNZ meeting – Wednesday Reserve […]
As it was expected, European stocks opened higher and still increasing. German DAX trading 0.3% higher, CAC 40 in France climbed 0.8%, and the FTSE 100 in the UK rose 0.3%. This gain after yesterday’s rally is important, showing that leading European indexes could hold their gains. On Thursday and after the US inflation surprise, […]
European stocks started the week on Monday with more falls as Last Friday’s inflation report in the EU and the upcoming FED meeting in the US cast a shadow on the behavior of traders. More fall in European stocks after Friday’s inflation report While in the FED meeting, it is expected that FOMC members vote […]
