Connect with us

Hi, what are you looking for?

Stock News

Week ahead: What’s going to keep US stocks heading higher?; Bank of England rate decision; manufacturing and services PMI

From around the world, we have manufacturing and services PMI. The Bank of England could say that more data showing inflationary pressure is easing before it cuts interest rates. Plus, there’s also US retail sales and the latest ZEW print from Germany.

Key data and central bank decisions

The “Week ahead” financial outlook highlights include China’s retail sales and industrial production, along with US manufacturing data. Key interest rate decisions are expected from Australia and the Bank of England, while economic sentiment could shift due to snap elections in France and the UK.

Market movements

US retail sales data will follow earnings reports from major corporations like Walmart and Costco.

Additionally, Japan’s consumer price data and the UK’s CPI may influence market sentiments. Financial markets remain robust, with minimal volatility and continuous growth, spurred by corporate earnings and potential interest rate dynamics.

This post appeared first on ig.com
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.


    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Stock News

    In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s driving the markets higher and what to be on the lookout...

    Stock News

    SPX Monitoring Purposes: Long SPX on 10/10/22 at 3612.39; sold 12/13/22 at 3669.91 = gain 1.59%. Monitoring Purposes GOLD: Long GDX on 10/9/20 at...

    Stock News

    I don’t like it when parts of a puzzle don’t match. You just don’t get a clear picture. As participants in the markets, we...

    Stock News

    As a chartist, there are lots of charts to choose from to make a point about how bullish or bearish the market is. However,...