Daily Market Analysis page 18

Key events: Eurozone - German CPI (MoM) (Jan) Canada - Employment Change (Jan) Canada - Unemployment Rate (Jan) The S&P 500 achieved a record high for the second consecutive Thursday, briefly touching an unprecedented 5,000 level just before closing. The surge in Disney and ARM contributed to…

Key events: Eurozone - ECB's Elderson Speaks UK - BoE MPC Member Mann Eurozone - ECB's Lane Speaks USA - Initial Jobless Claims USA - 30-Year Bond Auction On Wednesday, the S&P 500 marked a historic high, coming within reach of the 5,000 level, propelled by continued bullish sentiments in the…

Key events: USA - Trade Balance (Dec) USA - Crude Oil Inventories USA - 10-Year Note Auction USA - FOMC Member Bowman Speaks The S&P 500 made a late recovery from the day's lows as it resumed its journey toward record highs, overcoming a recent setback. The rally, which broadened due to…

Key events: USA - FOMC Member Mester Speaks USA - FOMC Member Kashkari Speaks Canada - BoC Gov Macklem Speaks On Monday, the Dow experienced a decline, influenced by a stumble in consumer stocks driven by McDonald's, coupled with an increase in Treasury yields following Chairman Jerome Powell's…

Key events: USA - S&P Global Services PMI (Jan) USA - ISM Non-Manufacturing PMI (Jan) USA - ISM Non-Manufacturing Prices (Jan) Australia - RBA Interest Rate Decision (Feb) On Friday, the S&P 500 and Dow achieved record levels, driven by Meta's impressive gains that bolstered optimism in…

Key events: USA - Average Hourly Earnings (MoM) (Jan) USA - Nonfarm Payrolls (Jan) USA - Unemployment Rate (Jan) On Thursday, the Dow marked a new record closing high, rebounding from the Federal Reserve-induced sell-off the previous day. Investors engaged in dip-buying in the technology sector…

Key events: Eurozone - CPI (YoY) (Jan) UK - BoE Interest Rate Decision (Jan) USA - Initial Jobless Claims USA - ISM Manufacturing PMI (Jan) USA - ISM Manufacturing Prices (Jan) On Wednesday, the Dow experienced a decline following Federal Reserve Chairman Jerome Powell's statement, dashing hopes…

Key events: Eurozone - German CPI (MoM) (Jan) USA - ADP Nonfarm Employment Change (Jan) USA - Chicago PMI (Jan) USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference The Dow secured its second consecutive record high on Tuesday, driven by robust quarterly earnings in…

Key events: Eurozone - German GDP (QoQ) (Q4) USA - CB Consumer Confidence (Jan) USA - JOLTs Job Openings (Dec) China - Manufacturing PMI (Jan) The beginning of the week witnessed a cautious tone in European markets, as both the CAC 40 and DAX hovered around last week's record closing highs. Today…

Key events: Eurozone - ECB's De Guindos Speaks Australia - Retail Sales (MoM) (Dec) The S&P 500 concluded a five-session streak of record highs on Friday, marked by Intel (NASDAQ: INTC) slumping following a grim revenue forecast, and US economic data indicating moderated inflation. Despite…

Key events: USA - Core PCE Price Index (MoM) (Dec) USA - Core PCE Price Index (YoY) (Dec) The S&P 500 achieved consecutive record closes for the fifth day, with positive corporate earnings and optimistic economic growth offsetting concerns about inflation, leading to a decline in Treasury…

Key events: Eurozone - Deposit Facility Rate (Jan) Eurozone - ECB Interest Rate Decision (Jan) USA - Core Durable Goods Orders (MoM) (Dec) USA - GDP (QoQ) (Q4) USA - Initial Jobless Claims USA - New Home Sales (Dec) On Wednesday, the S&P 500 achieved yet another record high, driven by Netflix…