Company / Analytics

Analytics, 08 January 2023

Week 01 in Brief

North America

It was a good close of the week for wall street stocks after the December jobs report and an economic activity survey showed signs that inflation may be cooling, sending equities in the US higher. Analysts speculated that the Federal Reserve’s interest rate hikes are having their intended effect and the Fed was likely to go slow on interest rates this year.

How did the major indices perform?

On Friday:

For the week:

What drove the U.S. market?

How did the European markets perform?

How did Asian markets perform?

Bonds and Commodities


Next week

Next week, market watchers can expect the latest consumer inflation figures, as the Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI) for December on Thursday.

Corporate earnings season kicks off next week, with earnings reports expected from big banks and the financial sector. JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, and BlackRock are scheduled to report on Friday. Other major companies, including Taiwan Semiconductor Manufacturing Company, UnitedHealth Group, and Delta Air Lines will also report earnings next week.

The University of Michigan’s Consumer Sentiment Index (MCSI) will provide an update on consumer confidence on Friday.

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