Will Inflation Indicators be on the Rise This Week? - MMMK 051324
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- Опубліковано 11 тра 2024
- Last week saw steady Central Bank announcements from the Reserve Bank of Australia and the Bank of England, maintaining status quo.
Equities edged up with S&P, NASDAQ, and Russell showing slight gains while crypto struggled.
This week's focus includes earnings reports starting with Tencent Music on Monday, followed by Home Depot, Alibaba, and Sony on Tuesday, and Walmart, Applied Materials, JD, and Baozun on Thursday.
Inflation indicators take center stage, with Producer Price Index (PPI) on Tuesday and Consumer Price Index (CPI) on Wednesday. Expectations suggest a slight increase in PPI and stable CPI.
Jerome Powell speaks at the Netherlands Foreign Bankers Association on Tuesday, potentially causing market volatility.
Wednesday also brings Retail Sales data, with expectations lowered from previous figures (7% to 4%). Despite skepticism, any surprise above 4% could boost markets. Overall, a potentially eventful trading week lies ahead.
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I rarely comment or thumbs-up on videos, but I want to let you know how much I appreciate your hard work to turn these videos out every week. There is really no replacement for your videos; all of the information and events you cover about the market in one place, with good graphics, and your entertaining presentation. I've started telling my stock trading friends about your MMMK videos and started liking your videos to hopefully help their ranking on UA-cam. Thanks Merlin for helping me get ready for trading every week!
Thank you for the great feedback Jim!
You made my day Jim! It all started as a way to get people to see what my trading world is like. I love looking up all the important items coming up for next week so I'm prepared for battle. These video's just highlight some of the bigger items. Obviously there is a LOT more that happens each week. Glad you find it helpful
Thanks Merlin!
thank you!
Weekly Show. Always Educational
The CPI /PPI Flip - can’t get that out of my head lol. Powell and his orchestra playimg politics -
Lol! Sometimes i geek out with these! Gotta pay attention to the details!