Daily Market Analysis

Surge-in-SP500-and-Dow-Jones-to-Historic-Highs-Fueled-by-Tech-Stocks-Nvidia-Impressive-Earnings-Preview
February 23, 2024
Key events: Eurozone - German GDP (QoQ) (Q4) Eurozone - ECB's Schnabel Speaks Eurozone - ECB's Supervisory Board Member Jochnick Speaks Investors propelled the S&P 500 and Dow Jones Industrial Average to historic closing highs on Thursday, driven by a surge in interest in growth and…
Dow-Gains-Despite-Fed-Concerns-Nvidia-Surges-and-Global-Currency-Movements-Unfold-Preview
February 22, 2024
Key events: Eurozone - CPI (YoY) (Jan) USA - Initial Jobless Claims USA - S&P Global US Manufacturing PMI (Feb) USA - S&P Global Services PMI (Feb) USA - Existing Home Sales (Jan)                USA - Crude Oil Inventories The Dow recorded gains in Wednesday's session, experiencing a late…
Tech-Stocks-Falter-as-Nvidia-Faces-Quarterly-Results-and-Dollar-Weakens-Walmart-and-Gold-Shine-Preview
February 21, 2024
Key events: USA - FOMC Member Bostic Speaks USA - FOMC Member Bowman Speaks USA - FOMC Meeting Minutes On Tuesday, the Dow experienced a decline as investor caution grew regarding Nvidia's upcoming quarterly results and the release of the Federal Reserve's January meeting minutes later in the…
Dollar-Continues-Winning-Streak-GBPUSD-Faces-Limited-Movement-and-Australian-Dollar-Halts-Winning-Streak-on-USD-Strength-Preview
February 20, 2024
Key events: UK - BoE Gov Bailey Speaks UK - BoE MPC Member Broadbent Speaks Canada - CPI (MoM) (Jan) On Monday, the dollar made slight gains, extending its five-week rise fueled by robust inflation data, while the yen hovered around the psychologically significant 150 level. US markets remained…
US-Stocks-Dip-Euro-Gains-and-Gold-Rebound-Preview
February 19, 2024
Key events: USA - Washington's Birthday Australia - RBA Meeting Minutes On Friday, US stocks experienced a decline, particularly the Nasdaq, as a hotter-than-expected producer prices report diminished hopes for immediate interest rate cuts by the Federal Reserve. The Labor Department's report…
US-Stocks-Rise-Pound-Sterling-Recession-and-Bitcoin-Options-Bullish-Trend-Preview
February 16, 2024
Key events: UK - Retail Sales (YoY) (Jan) USA - Michigan Consumer Sentiment USA - PPI (MoM) (Jan) USA - FOMC Member Daly Speaks On Thursday, US stocks experienced an upward surge, supported by a notable rise in energy stocks, counterbalancing a decline in the technology sector led by Apple, and…