Daily Market Analysis

BIS Forecasts Coming Deterioration in Capital Markets | Daily Market Analysis
December 07, 2022
Key events: Canada – BoC Interest Rate Decision   USA – Crude Oil Inventories   The Bank for International Settlements (BIS) is worried about various problems, thereby sparing our local central banks from this excitement. The immediate concern at the BIS is that central banks will have to conduct…
Overblown Risks of a Falling U.S. Economy and China | Daily Market Analysis
December 06, 2022
Key events: UK – Construction PMI (Nov) Canada – Ivey PMI (Nov) Australia – RBA Rate Statement      USA – EIA Short-Term Energy Outlook     U.S. stocks fell while bond yields jumped after the release of positive ISM service sector data suggesting that the most important part of the U.S. economy,…
NFP Beats Forecasts Suggesting Overly Optimistic Sentiment | Daily Market Analysis
December 05, 2022
Key events: UK - Composite PMI (Nov)   UK - Services PMI (Nov)   USA - ISM Non-Manufacturing PMI (Nov)   Risk appetite strengthened noticeably last week as investors grew confident that the Fed could curb inflation without plunging the U.S. economy into a deep recession. Fed Chairman Jerome Powell…
Will There Be Any Surprises From NFP? | Daily Market Analysis
December 02, 2022
Key events: USA – Nonfarm Payrolls (Nov)   USA – Unemployment Rate (Nov)   Canada – Employment Change (Nov)   European markets got off to a moderately positive start to the month, hitting 6-month highs, but then pulled back by the close, with the FTSE100 lagging behind, failing to break out the 7,…
Following Powell's Speech: What You Should Know Today | Daily Market Analysis
December 01, 2022
Key events: UK – Manufacturing PMI (Nov) USA – Core PCE Price Index (MoM) (Oct) USA – Initial Jobless Claims   USA – ISM Manufacturing PMI (Nov)   The U.S. dollar is declining against major currencies in trading Thursday morning after a speech the day before by U.S. Federal Reserve (Fed) Chairman…
Will There Be a Recession in the US Next Year? | Daily Market Analysis
November 30, 2022
Key events: Eurozone – CPI (YoY) (Nov)   USA – ADP Nonfarm Employment Change (Nov) USA – GDP (QoQ) (Q3)    USA – JOLTs Job Openings (Oct) USA – Pending Home Sales (MoM) (Oct)   USA – Crude Oil Inventories   USA – Fed Chair Powell Speaks     Many are wondering today if the U.S. will have a recession…