Daily Market Analysis
September 27, 2023
Key events:
USA - Core Durable Goods Orders (MoM) (Aug)
USA - Crude Oil Inventories
US stocks continued their decline on Tuesday, extending losses for the month. Concerns among investors persist about the possibility of interest rates remaining elevated for an extended period and the potential…
September 26, 2023
Key events:
USA - CB Consumer Confidence (Sep)
USA - New Home Sales (Aug)
USA - Building Permits
On Monday, the S&P 500 experienced a modest increase, boosted by Amazon.com (NASDAQ: AMZN) shares and the energy sector. This uptick coincided with rising Treasury yields, and investors were…
September 25, 2023
Key events:
Eurozone - ECB President Lagarde Speaks
Eurozone - ECB's Schnabel Speaks
On Friday, Wall Street experienced a volatile session that ultimately led to a lower close, marking the end of a turbulent week. This week saw benchmark Treasury yields reaching their highest levels in 16 years,…
September 22, 2023
Key events:
USA - S&P Global Services PMI (Sep)
US stocks faced a decline, while Treasury yields rose following the Federal Reserve's indication of maintaining higher interest rates, including a potential increase later this year.
Interest rate-sensitive mega-cap…
September 21, 2023
Key events:
New Zealand - GDP (QoQ) (Q2)
Switzerland - SNB Interest Rate Decision (Q3)
UK - BoE Interest Rate Decision (Sep)
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Sep)
USA - Existing Home Sales (Aug)
On Wednesday, the Dow concluded the day with a decline,…
September 20, 2023
Key events:
UK - CPI (YoY) (Aug)
USA - Crude Oil Inventories
USA - FOMC Economic Projections
USA - FOMC Statement
USA - Fed Interest Rate Decision
USA - FOMC Press Conference
During Tuesday's evening trading, US stock futures remained in a narrow range, following a negative session for major…