Macro Update for the Week 24/10/2022 – 28/10/2022Oct 24, 2022

Last week S&P 500 gained +4,74%, Dow Jones Industrial +5,07%, Nasdaq +5,78%, Russell 2000 +3,60%, and Dax40 +2,36%.

The Economic Calendar of the week (24/10 – 28/10) has very interesting readings, such as German Manufacturing PMI, UK Manufacturing PMI, US Manufacturing PMI, and Eurozone Manufacturing PMI for October, German Ifo Business Climate for October,  US Consumer Confidence for October, China Industrial Production for September, China GDP for Q3, China Trade Balance for September, US New Home Sales for  September, US Crude Oil Inventories weekly based, German Consumer Climate for November, Eurozone Interest Rate Decision, US GDP for Q3, U.S Initial Jobless Claims (weekly released), Japan Interest Rate Decision,  France GDP, German GDP for Q3, US PCE for September, US Pending Home Sales for September, including the speaking of Mrs. Lagarde and Mr. Powel.  

by Stavros Chanidis

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