The most important market updates!

The most important market updates!

The most important market updates!: The upcoming week in the United States will be highly active, placing emphasis on the Fed’s interest rate decision, inflation data, and retail sales. markets will keenly follow monetary policy updates from the European Central Bank, Bank of England

 

Topics
Japanese yen
Gold
Oil
Stocks
Earnings Season
Upcoming Economic Events

 

Japanese yen

The Japanese yen depreciated past 145 per dollar, retreating sharply from four-month highs amid a general dollar strength

 

Gold

Gold fell below $2,000 an ounce on Monday, sliding to its lowest levels in two weeks as investors turn cautious ahead of monetary policy decisions from major central banks this week

 

Oil

WTI crude futures climbed to around $71.5 per barrel on Monday, rising for the second straight session as US plans to refill the Strategic Petroleum Reserve provided some support,

 

Stocks

Apple increased to an 18-week high of 195.4
Boeing increased to a 29-month high of 243.4
Uber increased to a 33-month high of 61.7
LVMH increased to an 8-week high of 739.1

Earnings Season

Oracle 11-12-2023
Adobe Inc 13.12.2023
Costco 14.12.2023

 

Upcoming Economic Events

Tuesday, December 12 2023
– Unemployment Rate UK
– Core CPI (MoM) (Nov) – US
– CPI (YoY) (Nov) – US

Wednesday, December 13 2023
– GDP MoM – UK
– Fed Interest Rate Decision – US
– FOMC Economic Projections – US

Thursday, December 14 2023
– BoE Interest Rate Decision – UK
– Retail Sales MoM -US
– ECB Interest Rate Decision – EU

 

The most important market updates!