Daily Market Analysis page 2
March 20, 2024
Key events:
UK - CPI (YoY) (Feb)
USA - Crude Oil Inventories
USA - FOMC Economic Projections
USA - FOMC Statement
USA - Fed Interest Rate Decision
USA - FOMC Press Conference
New Zealand - GDP (QoQ) (Q4)
Tuesday saw the S&P 500 reaching unprecedented heights, buoyed by the energy sector's…
March 19, 2024
Key events:
Eurozone - CPI (YoY) (Feb)
The S&P 500 ended the day on a positive note Monday, driven by gains in the technology sector, as investors turned their attention to the upcoming Federal Reserve meeting and its implications for interest rates.
The Dow Jones Industrial Average edged up…
March 18, 2024
Key events:
Eurozone - CPI (YoY) (Feb)
On Friday, the S&P 500 experienced its second consecutive weekly decline, with the tech sector feeling the pressure from rising Treasury yields amid concerns that the Federal Reserve might emphasize the necessity for higher interest rates to persist in…
March 15, 2024
Key events:
USA - NY Empire State Manufacturing Index (Mar)
USA - Michigan Consumer Sentiment (Mar)
Eurozone - ECB's Lane Speaks
On Thursday, the Dow closed lower, halting a three-day winning streak, as investor sentiment took a hit from reports indicating higher-than-expected inflation and signs…
March 14, 2024
Key events:
USA - Core Retail Sales (MoM) (Feb)
USA - Initial Jobless Claims
USA - PPI (MoM) (Feb)
USA - Retail Sales (MoM) (Feb)
On Wednesday, the Dow managed to edge higher for a third consecutive day, bolstered by gains in energy stocks, although a decline in tech stocks tempered overall…
March 13, 2024
Key events:
UK - GDP (MoM) (Jan)
USA - Crude Oil Inventories
USA - 30-Year Bond Auction
The S&P 500 soared to a new record high on Tuesday, as US stocks shrugged off a hotter-than-anticipated inflation report, buoyed by fresh bullish sentiment in the tech sector. The benchmark S&P 500…