Newsquawk week ahead: Highlights include US jobs data, FOMC and ECB minutes, RBA
MON: German Trade Balance (May), EZ Sentix Index (Jul); US Independence Day. TUE: RBA Announcement, South Korean CPI, EZ/UK/US Final Services and Composite PMI (Jun), US Durable Goods R (May)….
Read More »Newsquawk Week Ahead: Highlights include FOMC, BoE, RBA, BoJ, China data
MON: UK GDP Estimate (Apr). TUE: UK Jobs Data (Apr/May); Swedish CPI (May); German ZEW Survey (Jun); US PPI (May); OPEC MOMR. WED: FOMC Announcement; BCB Announcement; Chinese Industrial Production…
Read More »CHINA STOCKS SELLING PRESSURE COULD BE OVER, NOW WHAT?
THE SHANGHAI COMPOSITE INDEX HAS DROPPED MORE THAN 40% FROM ITS PEAK IN JUST 2 ½ MONTHS! China Stocks: This morning bottom pickers around the globe are snatching up what…
Read More »Are Current Market Cycles Similar To The GFC Of 2007–2009?
Soaring real estate, rising volatility, surging commodities and slumping stocks – Sound Familiar? This past week marked the 13th anniversary of the bottom of the Global Financial Crisis (GFC) of…
Read More »Events to look out for next week
A new, “more mutated” and possibly more infectious covid variant out of South Africa weighed heavily on equities and boosted the demand for bonds on Friday, removing the feel good…
Read More »Commodities and oil hit new highs
Overnight Headlines *USD remained near recent highs above 93 *US stocks closed mixed after a volatile week *The Vix fell below 18 as risk sentiment improved *Oil is higher for…
Read More »USD stuck in a range
Overnight Headlines *USD erased losses after falling on softer US CPI *US stocks gave up earlier gains to close lower *UK CPI y/y +3.2% vs 2.9% expected, m/m 0.7% vs…
Read More »Recap August 29: Food Shortages Accelerating, Chaos in Afghanistan, Inflation (Recap Ep138)
In this week’s recap, U.S. stocks moved higher Friday & for the week, as the S&P 500 (1st time above 4,500) & Nasdaq hit new records, with Fed Chairman Powell…
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