Daily Market Analysis page 11
November 07, 2023
Key events:
Australia- RBA Interest Rate Decision (Nov)
Eurozone - ECB's De Guindos Speaks
Eurozone - ECB McCaul Speaks
USA - FOMC Member Kashkari Speaks
USA - Fed Waller Speaks
Canada - BoC Deputy Gov Kozicki Speaks
USA - FOMC Member Williams Speaks
On Monday, Wall Street's primary indices made…
November 06, 2023
Key events:
Canada - Ivey PMI (Oct)
UK - BoE MPC Member Pill Speaks
The Dow concluded the week on a high note, achieving its most substantial weekly gain of the year, largely driven by a weaker-than-expected jobs report that fueled optimism about the Federal Reserve's rate hike intentions,…
November 03, 2023
Key events:
USA - Average Hourly Earnings (MoM) (Oct)
USA - Nonfarm Payrolls (Oct)
USA - Unemployment Rate (Oct)
USA - S&P Global Services PMI (Oct)
USA - ISM Non-Manufacturing PMI (Oct)
USA - ISM Non-Manufacturing Prices (Oct)
On Thursday, US stocks surged as Treasury yields dipped,…
November 02, 2023
Key events:
UK - BoE Interest Rate Decision (Nov)
USA - Initial Jobless Claims
On Wednesday, Wall Street's major stock indices closed on a high note, with the Nasdaq leading the gains with a 1.6% advance. This upswing followed the US Federal Reserve's decision to maintain unchanged interest rates…
November 01, 2023
Key events:
USA - ADP Nonfarm Employment Change (Oct)
USA - ISM Manufacturing PMI (Oct)
USA - ISM Manufacturing Prices (Oct)
USA - JOLTs Job Openings (Sep)
USA - Crude Oil Inventories
USA - FOMC Statement
USA - Fed Interest Rate Decision
USA - FOMC Press Conference
On Tuesday, Wall Street's…
October 31, 2023
Key events:
China - Manufacturing PMI (Oct)
Eurozone - CPI (YoY) (Oct)
USA - CB Consumer Confidence (Oct)
Despite Israel's initial steps into Gaza, European markets have had a positive start to the week. The limited and gradual nature of these actions seems to be easing concerns about potential…
October 30, 2023
Key events:
Eurozone - ECB's De Guindos Speaks
Eurozone - ECB's Enria Speaks
Canada - BoC Gov Macklem Speaks
During Sunday's evening trading, US stock futures displayed gains after major benchmark indices concluded the week at multi-month lows. Investors are gearing up for a packed week…
October 27, 2023
Key events:
USA - Core PCE Price Index (MoM) (Sep)
USA - Core PCE Price Index (YoY) (Sep)
Eurozone - EU Leaders Summit
US stocks experienced a significant decline on Thursday, primarily driven by a drop in tech and tech-related large-cap stocks. This downturn was in response to a mix of…
October 26, 2023
Key events:
Eurozone - Deposit Facility Rate (Oct)
Eurozone - ECB Interest Rate Decision (Oct)
USA - Core Durable Goods Orders (MoM) (Sep)
USA - GDP (QoQ) (Q3)
USA - Initial Jobless Claims
Eurozone - ECB Press Conference
USA - Pending Home Sales (MoM) (Sep)
On Wednesday, US stock indices…
October 25, 2023
Key events:
USA - Building Permits
USA - New Home Sales (Sep)
Canada - BoC Interest Rate Decision
USA - Crude Oil Inventories
USA - Fed Chair Powell Speaks
Global stock markets posted gains on Tuesday, driven by positive corporate earnings that boosted investor risk appetite. However, caution…
October 24, 2023
Key events:
Eurozone – ECB President Lagarde Speaks
USA – S&P Global Services PMI (Oct)
The Dow Jones Industrial Average declined on Monday due to fluctuating Treasury yields and a surge in technology stocks, which partially offset losses in the energy and…
October 23, 2023
Key events:
Australia - RBA Assist Gov Bullock Speaks
Eurozone - ECB President Lagarde Speaks
USA - S&P Global Services PMI (Oct)
On Friday, the stock market experienced a decline as investors turned to safe-haven assets like gold and Treasurys due to concerns about the ongoing conflict…