Daily Market Analysis

Markets-Tumble-Amid-Tech-Stock-Rotations-and-Mixed-Economic-Data-Preview
July 19, 2024
Key events: UK - Core Retail Sales (MoM) (Jun) Canada - Core Retail Sales (MoM) (May) USA - FOMC Member Williams Speaks USA - FOMC Member Bostic Speaks The S&P 500 slumped for a second consecutive day on Thursday, experiencing wild swings as the early-day rebound in tech faded amid an ongoing…
Dow-Surges-to-New-Highs-as-Tech-Stocks-Plummet-on-Geopolitical-Concerns-Preview
July 18, 2024
Key events: UK - Unemployment Rate (May) Eurozone - Deposit Facility Rate (Jul) Eurozone - ECB Interest Rate Decision (Jul) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Jul) Eurozone - ECB Press Conference The Dow surged on Wednesday, led by gains in financial and…
Dow-Records-Best-Day-in-Over-a-Year-Reaches-New-High-Amid-Positive-Earnings-and-Retail-Data-Preview
July 17, 2024
Key events: UK - CPI (YoY) (Jun) Eurozone - CPI (YoY) (Jun) USA - Crude Oil Inventories The Dow had its best day in over a year on Tuesday, closing at fresh record highs, buoyed by better-than-expected retail sales data and a series of mostly positive quarterly earnings reports. The Dow Jones…
Dow-Reaches-Record-High-on-Rate-Cut-Hopes-as-Fed-Chief-Powell-Expresses-Confidence-in-Inflation-Data-Preview
July 16, 2024
Key events: USA - Core Retail Sales (MoM) (Jun) USA - Retail Sales (MoM) (Jun) The Dow closed at record highs on Monday, driven by increased expectations for a September rate cut following comments from Fed Chief Jerome Powell, who expressed greater confidence due to recent inflation data. The…
Dow-Approaches-Record-High-Amid-Strong-Bank-Earnings-and-Inflation-Concerns-Preview
July 15, 2024
Key events: China - GDP (YoY) (Q2) USA - Fed Chair Powell Speaks USA - FOMC Member Daly Speaks The Dow nearly set a new closing record, coming close after reaching an all-time high on Friday, despite a slight rise in wholesale inflation. Investors were buoyed by better-than-expected quarterly…
US-Stocks-Drop-Despite-Inflation-Slowdown-as-Rate-Cut-Speculation-Grows-Preview
July 12, 2024
Key events: USA - PPI (MoM) (Jun) Canada - Building Permits (MoM) (May) USA - Michigan Consumer Sentiment US stocks fell on Thursday despite inflation data suggesting a slowdown in the US economy, which raised the possibility of Federal Reserve interest rate cuts later this year. The S&P 500…
SP500-Surpasses-5600-for-the-First-Time-Driven-by-Tech-Stocks-and-Rate-Cut-Optimism-Preview
July 11, 2024
Key events: UK - GDP (MoM) (May) USA - Core CPI (MoM) (Jun) USA - Initial Jobless Claims USA - 30-Year Bond Auction The S&P 500 closed above 5,600 for the first time on Wednesday, propelled by tech stocks and continued hopes for an earlier rate cut as Fed Chair Jerome Powell delivered his…
SP500-Hits-Fifth-Consecutive-Record-High-Amidst-Fed-Chair-Powell-Testimony-and-Rate-Cut-Speculation-Preview
July 10, 2024
Key events: USA - Fed Chair Powell Testifies USA - Crude Oil Inventories USA - 10-Year Note Auction USA - FOMC Member Bowman Speaks USA - Fed Goolsbee Speaks The S&P 500 closed at a record high for the fifth consecutive session on Tuesday as Federal Reserve Chair Jerome Powell's testimony…
SP500-Sets-Fourth-Consecutive-Record-High-as-Markets-Eye-Fed-Testimony-and-Inflation-Data-Preview
July 09, 2024
Key events: USA - Fed Vice Chair for Supervision Barr Speaks USA - Fed Chair Powell Testifies USA - Treasury Secretary Yellen Speaks USA - FOMC Member Bowman Speaks The S&P 500 extended its record streak on Monday, closing at all-time highs for the fourth consecutive session despite cautious…
Volatile-Dow-Jones-Fluctuates-Amid-Strong-Job-Data-and-Rate-Cut-Hopes-Preview
July 08, 2024
Key events: USA - NY Fed 1-Year Consumer Inflation Expectations   UK - MPC Member Haskel Speaks USA - Consumer Credit (May) On Friday, the Dow Jones Industrial Average experienced notable fluctuations, hovering around the 39,300 level. This volatility was driven by US nonfarm payrolls data, which…
European-Shares-Surge-Amid-Hopes-for-US-Rate-Cuts-and-UK-Election-Buzz-Preview
July 05, 2024
Key events: USA - Average Hourly Earnings (MoM) (Jun) USA - Nonfarm Payrolls (Jun) USA - Unemployment Rate (Jun) USA - Fed Monetary Policy Report European shares rose on Thursday, driven by hopes for potential US interest rate cuts following weak economic data. Simultaneously, London's markets…
Wall-Street-Surges-Ahead-of-July-4-SP500-Hits-Record-Close-Amid-Rate-Cut-Hopes-Preview
July 04, 2024
Key events: USA - Independence Day Eurozone - ECB's Lane Speaks Eurozone - ECB McCaul Speaks The S&P 500 achieved another record close on Wednesday during a shortened trading session, as weaker economic data increased hopes for imminent rate cuts, just before the July 4 holiday. The S&P…