Daily Market Analysis page 15
April 02, 2024
Key events:
USA - JOLTs Job Openings (Feb)
USA - FOMC Member Bowman Speaks
USA - FOMC Member Williams Speaks
USA - FOMC Member Mester Speaks
USA - FOMC Member Daly Speaks
The second quarter kicked off with a hesitant start for the S&P 500 on Monday, as soaring Treasury yields tempered bullish…
April 01, 2024
Key events:
USA - S&P Global US Manufacturing PMI (Mar)
USA - ISM Manufacturing PMI (Mar)
USA - ISM Manufacturing Prices (Mar)
As the new quarter kicks off, Asian markets prepare to embark on a promising trajectory, bolstered by indications of a gradual easing in US inflation data last Friday…
March 29, 2024
Key events:
USA - Core PCE Price Index (MoM) (Feb)
USA - Core PCE Price Index (YoY) (Feb)
USA - Fed Chair Powell Speaks
On Thursday, both the Dow and S&P 500 surged to new record highs, marking their strongest first-quarter performance since 2009. This upward momentum extended beyond the tech…
March 28, 2024
Key events:
UK - GDP (QoQ) (Q4)
UK - GDP (YoY) (Q4)
USA - GDP (QoQ) (Q4)
USA - Initial Jobless Claims
USA - Chicago PMI (Mar)
Wednesday saw the S&P 500 achieving a new record closing high, supported by a decline in Treasury yields in anticipation of a speech by Federal Reserve governor…
March 27, 2024
Key events:
USA - Crude Oil Inventories
The S&P 500 saw its gains trimmed on Tuesday as investors processed news of a decline in US consumer confidence, marking its lowest level since November. This development preceded further commentary from Federal Reserve officials and an upcoming key…
March 26, 2024
Key events:
USA - Durable Goods Orders (MoM) (Feb)
USA - CB Consumer Confidence (Mar)
Monday witnessed a decline in the S&P 500 as major tech players took a breather, anticipating pivotal market events later in the week, including an update on inflation and statements from Federal Reserve…
March 25, 2024
Key events:
Eurozone - ECB President Lagarde Speaks
USA - Building Permits
USA - FOMC Member Bostic Speaks
USA - New Home Sales (Feb)
The S&P 500 saw minimal movement on Friday, yet it marked its most substantial weekly percentage increase of 2024 following the Federal Reserve's decision to…
March 22, 2024
Key events:
USA - Fed Chair Powell Speaks
Eurozone - ECB's Lane Speaks
USA - FOMC Member Bostic Speaks
US stocks continued their ascent on Thursday, extending the record-breaking streak following the Federal Reserve's adherence to its projections of implementing at least three rate reductions…
March 21, 2024
Key events:
Switzerland - SNB Interest Rate Decision (Q1)
UK - BoE Interest Rate Decision (Mar)
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Mar)
USA - S&P Global US Manufacturing PMI (Mar)
USA - S&P Global Services PMI (Mar)
USA - Existing Home Sales (Feb)…
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…