Daily Market Analysis

Key events: USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Apr) USA - Existing Home Sales (Mar) Wednesday saw the S&P 500 finishing lower, as concerns over prolonged Federal Reserve interest rates weighed heavily on tech stocks, led by Nvidia's decline. The Dow Jones…

Key events: UK - CPI (YoY) (Mar) Eurozone - CPI (YoY) (Mar) USA - Crude Oil Inventories Tuesday saw the S&P 500 concluding on a downward trajectory, with investors grappling with erratic fluctuations, particularly after Federal Reserve Chairman Jerome Powell hinted at the necessity of…

Key events: USA - FOMC Member Williams Speaks UK - BoE Gov Bailey Speaks USA - Fed Chair Powell Speaks On Monday, the Dow took a hit amidst surging Treasury yields, a backdrop of geopolitical tensions, and robust retail sales figures that dashed hopes for imminent interest rate cuts,…

Key events: Eurorzone - ECB's Lane Speaks  USA - Core Retail Sales (MoM) (Mar) USA - FOMC Member Williams Speaks USA - Retail Sales (MoM) (Mar) Friday witnessed a significant downturn in the Dow, triggered by disappointing results from major Wall Street banks as they initiated the earnings season…

Key events: UK - GDP (MoM) (Feb) Germany - German CPI (MoM) (Mar) Thursday saw US stocks stabilize following the previous session's significant declines, as investors found solace in the monthly producer prices report, which presented a more subdued inflationary scenario. Dow Jones Industrial…

Key events: Eurozone - Deposit Facility Rate (Apr) Eurozone - ECB Interest Rate Decision (Apr) USA - Initial Jobless Claims USA - PPI (MoM) (Mar) Eurozone - ECB Press Conference USA - 30-Year Bond Auction Wednesday witnessed a downturn in US stocks as hotter-than-anticipated inflation data dashed…

Key events: USA - Core CPI (MoM) (Mar) Canada - BoC Interest Rate Decision USA - Crude Oil Inventories USA - 10-Year Note Auction USA - FOMC Meeting Minutes On Tuesday, US stocks managed to secure a modest gain, although investors faced a tumultuous session characterized by fluctuations between…

Key events: USA - FOMC Member Kashkari Speaks UK - BRC Retail Sales Monitor (YoY) (Mar) The S&P 500 ended the day flat on Monday, experiencing swings between gains and losses as cautious trading prevailed ahead of the latest inflation data and the start of the first-quarter earnings season…

Key events: USA - NY Fed 1-Year Consumer Inflation Expectations Switzerland - SNB Chairman Thomas Jordan speaks Despite a robust rally on Friday, the S&P 500 snapped a two-week winning streak as a stronger-than-expected jobs report failed to catalyze a significant increase in wages,…

Key events: USA - Average Hourly Earnings (MoM) (Mar) USA - Non-Farm Payrolls (Mar) USA - Unemployment Rate (Mar) Thursday marked the fourth consecutive day of losses for the Dow Jones Industrial Average, as intraday gains were relinquished amidst mounting geopolitical tensions and hawkish…

Key events: USA - Initial Jobless Claims USA - Trade Balance (Feb) USA - FOMC Member Mester Speaks On Wednesday, the S&P 500 managed to secure a modest gain, buoyed by Federal Reserve Chairman Jerome Powell's remarks hinting at potential rate cuts later this year. Powell's comments…

Key events: Eurozone - CPI (YoY) (Mar) USA - ADP Nonfarm Employment Change (Mar USA - S&P Global Services PMI (Mar) USA - ISM Non-Manufacturing PMI (Mar) USA - ISM Non-Manufacturing Prices (Mar) USA - Crude Oil Inventories USA - Fed Chair Powell Speaks On Tuesday, the Dow Jones Industrial…