A thread for discussing all your trades, strategies, ideas, news, stories, etc.
A quick look at what the markets were up to in the week gone by;
Benchmark indices closed another week on the higher side, rising for the third straight week.
Coming to sectoral performance, Pharma and Bank were the only losing sectors for the week. Realty and IT were the top performers, surging over 4% each.
On the global front, major markets in the US and Europe closed the week ended 3rd June in red. While the major Asian markets surged higher.
Things to watch out for in the coming week;
All eyes in the coming week will be on the RBIs Monetary Policy Committee meet. The decision is expected on 8th June.
Besides RBI, European Central Bank too is set to meet next week, with decision expected on 9th June.
Key macroeconomic events around the world:
6th June | 7th June | 8th June | 9th June | 10th June | ||||||
---|---|---|---|---|---|---|---|---|---|---|
China | Caixin Services PMI | UK | Composite PMI (MAY) | India | Interest Rate Decision | Eurozone | ECB Interest Rate Decision | China | PPI (MAY) | |
Services PMI (MAY) | UK | Construstion PMI (MAY) | US | Jobless Claims | CPI Inflation (MAY) | |||||
Eurozone | GDP Estimates (Q1) | US | CPI Inflation (MAY) | |||||||
US | Crude Oil Inventories | |||||||||