Daily Market Analysis page 14
April 18, 2024
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…
April 17, 2024
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…
April 16, 2024
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,…
April 15, 2024
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…
April 12, 2024
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…
April 11, 2024
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…
April 10, 2024
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…
April 09, 2024
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…
April 08, 2024
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,…
April 05, 2024
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…
April 04, 2024
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…
April 03, 2024
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…