Eurozone inflation; U.S. Q1 earnings
In this week’s video update:
- Did European Central Bank (ECB) President Mario Draghi adequately address eurozone inflation concerns this week?
- What are U.S. Q1 earnings data and Friday’s six-year record-low flash manufacturing purchasing managers index (PMI) reading telling us about the markets?
- What is driving the good market news from Japan this week?
On this week’s Market Week in Review webcast, Chief Investment Strategist Erik Ristuben discusses Mario Draghi’s reaction to eurozone inflation expectations as the European Central Bank (ECB) decided to keep interest rates unchanged during a policy meeting this week.
As U.S. Q1 earnings season kicks into high gear, Ristuben turns his attention to the U.S. where a majority of this week’s earnings data exceeded “low-bar expectations.” Ristuben then provides insight about the factors contributing to Friday’s surprisingly low flash manufacturing Purchasing Managers Index (PMI) reading, reaching its lowest level in six-and-a-half years.
Blair Lowman hosts this week’s episode which concludes with good news from Japan as the Nikkei 225 Index propelled upwards every day this week, following reports that the Bank of Japan (BoJ) could announce plans to offer negative rates on loans.
Be sure to vote in this week’s Twitter poll @Russell_Invest, asking: Will the rest of earnings season be able to move the U.S. market out of the sideways drift it has traveled for most of 2016?