Market Recap: Last week was a celebratory one for investors, with US stocks reaching new highs thanks to strong performances from tech and AI companies. While the positive sentiment continues, this week brings potentially impactful data releases and central bank decisions that could shake things up.



  • A quiet start with little scheduled. Keep an eye on comments from MPC members Breeden and Pill, and the US New Home Sales data.



  • Another calm day before the action picks up.
  • Look for US Durable Goods data and the CB Consumer Confidence numbers.



  • The week heats up!
  • Australia: Key CPI data released early, followed by the RBNZ’s latest cash rate decision.
  • Europe: A quiet session.
  • US: Preliminary GDP figures and comments from FOMC members Bostic and Williams.



  • The busiest day:
  • G20 Meetings: Expect updates throughout the day.
  • Australia: Retail Sales data released early.
  • Europe: A flurry of data releases, including German preliminary CPI, Swiss GDP, and Spanish CPI.
  • US: Canadian GDP, the Fed’s preferred inflation measure (PCE Price Index), and weekly unemployment claims.



  • The final day:
  • China: Manufacturing and non-manufacturing PMI data released early.
  • Europe: Eurozone Core CPI Flash Estimate released.
  • US: ISM Manufacturing PMI and University of Michigan Consumer Sentiment data.


What to Watch:

  • US Data: Consumer Confidence, Core PCE Price Index, ISM Manufacturing PMI – All closely watched for clues about inflation and economic health.
  • Central Banks: RBNZ meeting and G20 meetings could hint at future rate decisions.
  • Other: Aussie CPI, Eurozone flash inflation estimates, Chinese PMI data – Providing insights into global economic conditions.

Categories: Market News

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