Weekly Market Analysis page 11
October 01, 2024
Key events:
Eurozone - CPI (YoY) (Sep)
USA - S&P Global US Manufacturing PMI (Sep)
USA - ISM Manufacturing PMI (Sep)
USA - ISM Manufacturing Prices (Sep)
USA - JOLTs Job Openings (Aug)
The S&P 500 ended Monday with gains, closing higher and capping off a strong third quarter. Investor…
September 30, 2024
Key events:
China - Manufacturing PMI (Sep)
UK - GDP (QoQ) (Q2)
UK - GDP (YoY) (Q2)
USA - Chicago PMI (Sep)
USA - Fed Chair Powell Speaks
On Friday, the Dow Jones Industrial Average reached record highs, closing with a gain of 137 points (0.3%) at 42,313.00. Energy stocks surged, and signs of…
September 27, 2024
Key events:
Eurozone - ECB's Lane Speaks
USA - Core PCE Price Index (MoM) (Aug)
USA - Core PCE Price Index (YoY) (Aug)
USA - Michigan Consumer Sentiment (Sep)
USA - FOMC Member Bowman Speaks
The S&P 500 surged to a new record close on Thursday, propelled by a boost in chip stocks, led by…
September 26, 2024
Key events:
Switzerland - SNB Interest Rate Decision (Q3)
USA - Durable Goods Orders (MoM) (Aug)
USA - GDP (QoQ) (Q2)
USA - Initial Jobless Claims
USA - Fed Chair Powell Speaks
The S&P 500 dipped on Wednesday as investors took a breather from the recent rally, awaiting key economic catalysts…
September 25, 2024
Key events:
USA - New Home Sales (Aug)
USA - Crude Oil Inventories
On Tuesday, the S&P 500 and Dow Jones both closed at record highs, brushing off consumer concerns about the economy as Nvidia powered a surge in tech stocks.
The S&P 500 rose 0.3%, closing at a new high of 5,735.66, while…
September 24, 2024
Key events:
Australia - RBA Interest Rate Decision (Sep)
USA - CB Consumer Confidence (Sep)
US stocks closed higher on Monday as investors paused near record highs, awaiting further signals from the Federal Reserve. The Dow Jones Industrial Average gained 0.15%, the S&P 500 rose 0.28%, and…
September 23, 2024
Key events:
Eurozone - ECB's Elderson Speaks
USA - FOMC Member Bostic Speaks
USA - S&P Global US Manufacturing PMI (Sep)
USA - S&P Global Services PMI (Sep)
The Dow edged higher to close at record highs on Friday, as investors balanced a decline in FedEx with growing expectations of…
September 20, 2024
Key events:
Japan - BoJ Interest Rate Decision
UK - BoE MPC Member Mann Speaks
Canada - BoC Gov Macklem Speaks
Eurozone - ECB President Lagarde Speaks
USA - FOMC Member Harker Speaks
The S&P 500 surged to close above 5,700 for the first time ever on Thursday, fueled by gains in the tech…
September 19, 2024
Key events:
UK - BoE Interest Rate Decision (Sep)
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Sep)
USA - Existing Home Sales (Aug)
The S&P 500 ended a seven-day winning streak with volatile trading on Wednesday, as the Federal Reserve opted for a substantial 50…
September 18, 2024
Key events:
UK - CPI (YoY) (Aug)
Eurozone - CPI (YoY) (Aug)
USA - Crude Oil Inventories
USA - FOMC Economic Projections
USA - FOMC Statement
USA - Fed Interest Rate Decision
USA - FOMC Press Conference
US stocks remained mostly unchanged on Tuesday, despite an upbeat retail sales report that…
September 17, 2024
Key events:
Eurozone - ECB McCaul Speaks
USA - Core Retail Sales (MoM) (Aug)
USA - Retail Sales (MoM) (Aug)
Eurozone - ECB's Elderson Speaks
US stocks traded in mixed territory on Monday as investors awaited this week’s Federal Reserve meeting, where the central bank is expected to begin a cycle…
September 16, 2024
Key events:
Switzerland - PPI (MoM) (Aug)
Eurozone - ECB's De Guindos Speaks
Eurozone - Wages in euro zone (YoY) (Q2)
Eurozone - Trade Balance (Jul)
Eurozone - ECB's Lane Speaks
USA - NY Empire State Manufacturing Index (Sep)
Wall Street’s major indices finished the week on a positive note, with…