Markets Seek Rebound After Rough September as Data Dump Looms to Start Q4

Markets looking for positivity to start Q4 after rough September for stocks, bonds, currencies.
Economic data dump on Monday with European PMIs following mixed Chinese data over weekend.
Euro zone grappling with recession fears despite inflation falling.
Oil prices rebounding Monday after drops on Friday.
U.S. government funded through Nov. 17, ensuring economic data releases on time.

reuters.com

Relevant topic timeline:

8/23/2023

Germany's economy hasn't looked this weak since the start of the pandemic

Germany's business activity has seen a sharp decline, leading to concerns of a recession, as the country's Purchasing Managers' Index (PMI) dipped to its lowest level in over three years. This decline in activity is impacting the wider eurozone economy as well, with the region at risk of slipping into recession. This economic downturn is accompanied by a worrying uptick in inflation and slow growth, particularly in Germany.

8/28/2023

China-linked assets squeezed as slowdown ripples across markets

Investors are becoming increasingly concerned about the state of China's economy as informal gauges, such as PMI surveys and soft surveys, indicate a deep-seated confidence problem and a potential miss of the country's 5% growth target this year, leading to a retreat from global assets exposed to the slowdown.

9/3/2023

Markets This Week, 9/04-9/08, 2023: Welcoming the Fall - TipRanks.com

Stock markets showed signs of improvement last week, fueled by hopes of a Goldilocks economic scenario, despite downward revisions in Q2 GDP growth and a slowdown in housing prices, while robust hiring and a decline in wage growth raised concerns about a cooling job market. The strength of U.S. consumers and the moderation of the Consumer Confidence index are factors that could influence the Federal Reserve's decisions on inflation, with investors advised to rely on trustworthy data and analysis. Noteworthy upcoming earnings and dividend announcements include Zscaler, Gitlab, GameStop, C3ai, American Eagle, DocuSign, and Kroger. Key economic reports this week will focus on Factory Orders, ISM Services PMI, and Q2 Non-Farm Productivity and Unit Labor Costs.

10/2/2023

Markets Seek Recovery in 4th Quarter After Tough September, Though Economic Data May Not Provide Boost

Investors will be looking for positive news to start off the fourth quarter after a rough September, but the release of economic data from Europe on Monday may not provide the lift they are hoping for.

10/2/2023

China's Economy Shows Signs of Recovery as Manufacturing Expands, Travel Surges During Holiday

China's official manufacturing purchasing managers' index (PMI) indicates expansion for the first time since March, suggesting that the Chinese economy may be regaining momentum, while bumper travel figures during the Golden Week holiday are also seen as a positive sign, despite concerns over the troubled property sector.

10/15/2023

Earnings Season Kicks Off As Investors Await Fed Guidance, Key Economic Data

This week, investors will focus on Q3 2023 earnings reports, as well as important economic indicators such as September's retail sales and industrial production, to gauge the Federal Reserve's policy stance and shape expectations about the economy.

10/24/2023

Stocks Rebound Ahead of Big Tech Earnings, Though Economic Outlook Remains Gloomy

Sentiment in the markets was more positive as European indices and US futures traded higher, Bitcoin extended its rally, and investors anticipated earnings reports from tech giants. However, Eurozone services PMI fell and US tech earnings and the ECB's rate decision are awaited.

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Posted 10/2/2023, 4:40:55 AM

Markets Seek Rebound After Rough September as Data Dump Looms to Start Q4

Markets looking for positivity to start Q4 after rough September for stocks, bonds, currencies.
Economic data dump on Monday with European PMIs following mixed Chinese data over weekend.
Euro zone grappling with recession fears despite inflation falling.
Oil prices rebounding Monday after drops on Friday.
U.S. government funded through Nov. 17, ensuring economic data releases on time.

reuters.com

Relevant topic timeline:

8/23/2023

Germany's economy hasn't looked this weak since the start of the pandemic

8/28/2023

China-linked assets squeezed as slowdown ripples across markets

9/3/2023

Markets This Week, 9/04-9/08, 2023: Welcoming the Fall - TipRanks.com

10/2/2023

Markets Seek Recovery in 4th Quarter After Tough September, Though Economic Data May Not Provide Boost

10/2/2023

China's Economy Shows Signs of Recovery as Manufacturing Expands, Travel Surges During Holiday

10/15/2023

Earnings Season Kicks Off As Investors Await Fed Guidance, Key Economic Data

10/24/2023

Stocks Rebound Ahead of Big Tech Earnings, Though Economic Outlook Remains Gloomy