Macro

Macro Update for the Week 21/11/2022 – 25/11/2022Nov 21, 2022

Markets on a weekly basis had a mixed picture where S&P 500 lost -0,69%, Dow Jones Industrial Average lost -0,01%, Nasdaq Composite lost -1,18%, and DAX40 in Europe gained +1,46%.

The Economic Calendar of the week (21/11 – 25/11) has very interesting readings, such as German PPI for October, Japan core CPI, Eurozone Current Account for September, Eurozone Consumer Confidence for November, US API Crude Oil Stocks (weekly based), US Manufacturing PMI, German Manufacturing PMI, UK Manufacturing PMI, and Eurozone Manufacturing PMI for November,  Eurozone Services PMI,  German Ifo Business Climate Index for November, German GDP for Q3, US Building Permits 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.

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