Daily Market Analysis page 13

Market-Surge-Fueled-by-Tech-Rally-and-Rate-Cut-Speculation-Apple-Leads-Gains-Preview
May 06, 2024
Key events: Eurozone - HCOB Eurozone Services PMI (Apr) Switzerland - SNB Board Member Jordan Speaks USA - FOMC Member Williams Speaks The S&P 500 experienced a robust surge on Friday, driven by a notable uptick in tech stocks led by Apple. This rally coincided with the release of data…
SP500-Gains-Tech-Sector-Leads-All-Eyes-on-April-Jobs-Report-Preveiw
May 03, 2024
Key events: USA - Average Hourly Earnings (MoM) (Apr) USA - Nonfarm Payrolls (Apr) USA - Unemployment Rate (Apr) USA - S&P Global Services PMI (Apr) USA - ISM Non-Manufacturing PMI (Apr) USA - ISM Non-Manufacturing Prices (Apr) Thursday saw the S&P 500 closing on a positive note, with the…
US-Equities-Recover-as-Fed-Maintains-Rates-EURUSD-Climbs-Amid-Powell-Dovish-Remarks-Preview
May 02, 2024
Key events: USA - Initial Jobless Claims Eurozone - HCOB Eurozone Manufacturing PMI (Apr) Eurozone - ECB's Lane Speaks US equities pared some of their losses following the Federal Reserve's decision to keep interest rates unchanged on Wednesday and announced plans to gradually reduce the pace of…
SP500-Ends-Winning-Streak-Amid-Inflation-Concerns-EURUSD-and-AUD-Under-Pressure-Preview
May 01, 2024
Key events: USA - ADP Nonfarm Employment Change (Apr) USA - S&P Global US Manufacturing PMI (Apr) USA - ISM Manufacturing PMI (Apr) USA - ISM Manufacturing Prices (Apr) USA - JOLTs Job Openings (Mar) USA - Crude Oil Inventories USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC…
SP500-Rises-on-Tesla-and-Apple-Surge-NZDUSD-Retracement-Amidst-Fed-Meeting-Anticipation-Preview
April 30, 2024
Key events: Eurozone - CPI (YoY) (Apr) USA - Chicago PMI (Apr) USA - CB Consumer Confidence (Apr) Monday saw a positive close for the S&P 500, buoyed by notable performances from Tesla and Apple as the quarterly earnings season continues its momentum, just on the eve of the impending Federal…
Tech-Giants-Propel-SP500-to-Best-Week-Since-November-as-Alphabet-Hits-Record-High-Market-Eyes-Fed-Rate-Decision-Preview
April 29, 2024
Key events: Eurozone - Eurogroup Meetings Eurozone - ECB's De Guindos Speak Friday saw a robust rally in the S&P 500, marking its best week since November, driven by upbeat earnings reports from tech giants Microsoft and Alphabet, reigniting investor confidence in the AI-driven tech sector.…
SP500-Dips-As-Meta-Plunge-Affects-Tech-Outlook-Preview
April 26, 2024
Key events: Japan - BoJ Interest Rate Decision USA - Core PCE Price Index (YoY) (Mar) USA - Core PCE Price Index (MoM) (Mar) The S&P 500 closed lower on Thursday, although it recovered significantly from session lows as Meta trimmed some losses. Rising Treasury yields, fueled by economic data…
SP500-Edges-Up-Amid-Tech-Surge-USD-Trends-Amid-Fed-Policy-Uncertainty-Preview
April 25, 2024
Key events: USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims Wednesday saw the S&P 500 managing a slight uptick, albeit amid pressure from climbing Treasury yields and softness in industrial sectors. However, a surge in Tesla shares bolstered the tech sector ahead of looming earnings reports…
Market-Insights-SP500-Gains-Momentum-USDCAD-Downtrend-Persists-Amidst-Global-Economic-Developments-Preview
April 24, 2024
Key events: USA - Durable Goods Orders (MoM) (Mar) USA - Crude Oil Inventories Tuesday saw another positive close for the S&P 500, marking its second consecutive daily increase fueled by generally upbeat quarterly earnings as anticipation builds for the Magnificent 7's financial reports, with…
Tech-Sector-Lifts-SP500-Amid-Earnings-Anticipation-Aussie-Dollar-Gains-on-Improved-Risk-Sentiment-Preview
April 23, 2024
Key events: USA - Durable Goods Orders (MoM) (Mar) USA - Crude Oil Inventories The S&P 500 surged on Monday, driven by strength in the technology sector, marking a rebound from its most significant weekly decline since March of the previous year. Investors turned their attention to upcoming…
Netflix-Slump-Drags-Down-Nasdaq-and-SP500-While-Fed-Rate-Cut-Speculation-Dampens-Sentiment-Preview
April 22, 2024
Key events: Eurozone - Eurogroup Meetings Canada - New Housing Price Index (MoM) (Mar) Eurozone - ECB President Lagarde Speaks On Friday, the Nasdaq and the S&P 500 closed in the red, largely influenced by a downturn in Netflix (NASDAQ: NFLX) shares. However, American Express (NYSE: AXP)…
US-Stocks-Retreat-Amidst-Rising-Treasury-Yields-Netflix-Earnings-Awaited-Middle-East-Tensions-Fuel-Safe-Haven-Demand-Preview
April 19, 2024
Key events: UK - MPC Member Ramsden Speaks UK - BoE MPC Member Mann Speaks USA - Fed Goolsbee Speaks US stocks experienced a reversal on Thursday, relinquishing earlier gains as investors assessed the implications of rising treasury yields amidst diminishing hopes for imminent rate cuts.…