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A quick look back at how the markets performed in the week gone by;
It wasn’t a particularly good week for the markets full of events. Nifty and Sensex ended the week lower by well over 5%.
The US Fed, Bank of England and Swiss Bank Bank all hiked the interest rates during the week. Interestingly, the Bank of Japan, despite the devaluation of the Yen against the Dollar kept the rates unchanged.
This is how the interest rates look in these countries:
Source: Bloomberg
Much like Indian indices, major markets around the world, barring Shanghai Composite Index ended the week with heavy losses.
Here’s how the major sectoral indices fared in the week ended 17th June.
Things to watch out for in the coming week;
20th June | 21st June | 22nd June | 23rd June | 24th June | |||||
China | PBoC Loan Prime Rate | US | Existing Home Sales | India | RBI MPC Meeting Minutes | Japan | Services PMI | Japan | CPI Inflation |
Eurozone | Construction Output | UK | CPI Inflation (MAY) | Eurozone | Services PMI | ||||
US | Fed Chairman Powell Testimony | Manufacturing PMI | |||||||
Markit Composite PMI | |||||||||
UK | Services PMI | ||||||||
Manufacturing PMI | |||||||||
Composite PMI | |||||||||
US | Jobless Claims | ||||||||
Services PMI | |||||||||
Manufacturing PMI | |||||||||
Markit Composite PMI |