The Week Ahead 04.12.2023

The Week Ahead

This week's Unio update summarising events in global business and markets:

The main data point for market participants to look out for this week is in the US when unemployment and non-farm payroll numbers will be released on the 8th. The current unemployment rate stands at 3.9%, with last month’s jobs report showing a potential weakness in the US labour market. In October, only 150k new jobs were added with the expectation for November to add a further 175k jobs. Before all that the Bank of Canada will make an interest rate call on the 6th. The current rate stands at 5% and the expectation is that the central bank will keep it there.


The main company news this week with be the Microsoft AGM. It will be interesting to gauge the views of the Microsoft board after nearly adding OpenAI chief Sam Altman to their team. The AGM is on the 7th. On the same day the clothing brand Lululemon Athletica will post their Q3 earnings. In other news Cisco have their AGM on the 6th.

Chart of The Week

November proved to be an excellent month for the major asset classes. Equities jumped off the back of earnings and the festive ‘Santa Clause Rally’. Fixed income yields fell as positive inflation data came through alongside dovish central bank commentary. Gold also rallied.

Chart of Week04122023


Weekly global equities chart, tracking the performance of major stock markets.



Monitoring the fluctuations in bond yields across international markets.



How can we help?

At Unio, we are here to help.

If you have any questions on any of the information provided in this update, speak to your Client Manager or contact us at