A busy week for financial markets amidst macro data and big tech quarterly results
After a week of trying to return to “normal” conditions, the financial markets are gearing up for a busy week of important macroeconomic (PCE inflation and the US labour market) and microeconomic (Big Tech quarterly reports) data.
Our intermarket dashboards show that the financial markets are attempting to return to a “normal” state. The Dow/Gold ratio is trying to recover, while the S&P500/Vix indicator is moving back towards its 50-day average. The major US indexes remain in a delicate phase, with the 50-day average still below the 200-day average; a recovery towards 5800 could be important. Bonds confirmed the bullish trend that began in January, while commodities continued to trade sideways, led by gold.
On the macro front, the week started slowly with data from the Dallas Fed and Indian industrial production.
On the quarterly earnings front, there are no major releases scheduled for Monday either.
WARNING. Our forecast analysis is currently being updated. The new version will be ready next week.
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NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 28 April 2025 - 7:42 AM GMT+1
This content is provided for informational purposes only and should not be considered financial advice. All scores and assessments are based on the previous trading day’s closing prices. Futures indications refer to the date and time of the analysis.
