Markets after the new readings about inflation and the expected easing of the interest rate hiking in the US, on a weekly basis gained, S&P 500 +5,90%, Dow Jones Industrial Average +4,31%, Nasdaq Composite +8,84%, and DAX40 in Europe gained +5,68%.
The Economic Calendar of the week (14/11 – 18/11) has very interesting readings, such as Eurozone Industrial Production for September, OPEC Monthly Report, US Consumer Inflation Expectations, US M2 Money Supply, Japan GDP for Q3, Japan Industrial Production for September, UK Unemployment Rate for September, German ZEW Economic Index and Eurozone ZEW Economic Index for November, Eurozone GDP for Q3, Eurozone Trade Balance for September, US Core PPI for October, UK CPI for October, US Core Retail Sales for October, US Industrial Production for October, Eurozone CPI for October, US Building Permits for October, UK Retail Sales for October, US Crude Oil Inventories weekly based, U.S Initial Jobless Claims (weekly released), including the speaking of Mrs. Lagarde and Mr. Powel and many of the officials.
by Stavros Chanidis