Daily Market Analysis

Key events: USA - Michigan Consumer Sentiment (Nov) USA - S&P Global US Manufacturing PMI (Nov) USA - S&P Global Services PMI (Nov) The S&P 500 ended Thursday on a positive note, with gains driven by cyclical sectors such as financials and industrials, while technology stocks lagged…

Key events: USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Nov) USA - Existing Home Sales (Oct) The Dow Jones Industrial Average rebounded from early losses on Wednesday, climbing 139 points or 0.3% to close higher. In contrast, the S&P 500 ended the session nearly…

Key events: UK - CPI (YoY) (Oct) USA - Crude Oil Inventories USA - FOMC Member Bowman Speaks Global markets are navigating a complex interplay of geopolitical tensions and economic policy expectations, with significant movements observed across stocks and currencies. On Tuesday, the S&P 500…

Key events: Eurozone - ECB's Elderson Speaks UK - BoE Gov Bailey Speaks UK - BoE MPC Member Mann Speaks Eurozone - CPI (YoY) (Oct) The S&P 500 closed higher on Monday, supported by a tech-driven rally and Tesla’s sharp gains, ahead of Nvidia’s (NASDAQ: NVDA) earnings release and remarks from…

Key events: Eurozone - ECB's De Guindos Speaks Eurozone - ECB's Lane Speaks Eurozone - ECB President Lagarde Speaks The S&P 500 wrapped up the week with a notable loss on Friday, as optimism from the post-election rally faded in light of stronger-than-expected economic data. These…

Key events: UK - GDP (MoM) (Sep) UK - GDP (QoQ) (Q3) USA - Core Retail Sales (MoM) (Oct) USA - Retail Sales (MoM) (Oct) The S&P 500 took a downturn on Thursday as Federal Reserve Chair Jerome Powell’s comments suggested that the Fed is in no hurry to reduce interest rates. Powell signaled a…

Key events:          USA - Initial Jobless Claims USA - PPI (MoM) (Oct)     USA - Crude Oil Inventories USA - Fed Chair Powell Speaks The S&P 500 inched up Wednesday as Treasury yields rebounded from session lows, despite inflation data coming in as expected, keeping a potential December rate…

Key events: USA - Core CPI (MoM) (Oct) USA - CPI (MoM) (Oct) USA - CPI (YoY) (Oct) USA - FOMC Member Kashkari Speaks USA - FOMC Member Williams Speaks On Tuesday, the S&P 500 closed lower, taking a pause from its recent upward momentum as surging Treasury yields weighed on the market ahead of…

Key events: UK - Employment Change 3M/3M (MoM) (Sep) UK - Unemployment Rate (Sep) UK - BoE MPC Member Pill Speaks USA - Fed Waller Speaks USA - FOMC Member Kashkari Speaks The Dow continued its rally on Monday, closing above 44,000 for the first time amid strong momentum in the stock market.…

Key events: Eurozone - ECB McCaul Speaks On Friday, the S&P 500 surged to new record levels, achieving both intraday and closing highs as optimism builds over the potential for economic expansion under a second Trump administration. The index climbed 0.4% to end at a historic high of 6,013.2…

Key events: UK - BoE MPC Member Pill Speaks Canada - Employment Change (Oct) Canada - Unemployment Rate (Oct) USA - Michigan Consumer Sentiment (Nov) USA - FOMC Member Bowman Speaks The S&P 500 marked another milestone on Thursday, reaching fresh record highs as investor optimism continued…

Key events: UK - BoE Interest Rate Decision (Nov) USA - Initial Jobless Claims USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference On Wednesday, the Dow Jones Industrial Average reached new heights, posting its strongest gains since 2022 after Donald Trump’s election…