Daily Market Analysis page 20
January 08, 2024
Key events:
USA - FOMC Member Bostic Speaks
US stock indices experienced a volatile session on Friday, ultimately closing with slight gains. However, these modest increases were insufficient to prevent the S&P 500 and Nasdaq Composite from commencing 2024 with their most significant weekly…
January 05, 2024
Key events:
Eurozone - CPI (YoY) (Dec)
USA - Average Hourly Earnings (MoM) (Dec)
USA - Nonfarm Payrolls (Dec)
USA - Unemployment Rate (Dec)
USA - ISM Non-Manufacturing PMI (Dec)
USA - ISM Non-Manufacturing Prices (Dec)
Canada - Employment Change (Dec)
Canada - Unemployment Rate (Dec)
Thursday…
January 04, 2024
Key events:
USA - ADP Nonfarm Employment Change (Dec)
USA - Initial Jobless Claims
USA - S&P Global Services PMI (Dec)
USA - Crude Oil Inventories
The US stock indices concluded the second trading session of the year with additional declines, driven by extended profit-taking on Wednesday.…
January 03, 2024
Key events:
USA - ISM Manufacturing PMI (Dec)
USA - ISM Manufacturing Prices (Dec)
USA - JOLTs Job Openings (Nov)
USA - FOMC Meeting Minutes
On Tuesday, US stocks experienced a retreat, relinquishing a portion of the substantial gains from the previous year, as investors anxiously awaited the…
January 02, 2024
Key events:
UK - S&P Global/CIPS UK Manufacturing PMI (Dec)
USA - S&P Global US Manufacturing PMI (Dec)
USA - Atlanta Fed GDPNow (Q4)
Overnight trading on Monday saw stock futures maintaining stability, setting the tone for the beginning of the new year. This follows a remarkably strong…
December 29, 2023
Key events:
USA - Chicago PMI (Dec)
US stocks experienced modest gains on Thursday, as traders consolidated positions amid the final days of a robust year on Wall Street. The Dow Jones Industrial Average showed a marginal increase of 55 points, equivalent to 0.1%, while the S&P 500 traded 7…
December 28, 2023
Key events:
USA - Initial Jobless Claims
USA - Pending Home Sales (MoM) (Nov)
USA - Crude Oil Inventories
US stock futures exhibited upward momentum during Wednesday night's trading, building on slight gains observed in the previous session, as major benchmark indices approached all-time highs.…
December 27, 2023
Key events:
USA - 5-Year Note Auction
USA - API Weekly Crude Oil Stock
On Tuesday night, US stocks displayed minimal changes as investors closely monitored the benchmark index's trajectory toward a record high.
In the regular session on Tuesday, both the Dow and S&P 500 recorded a 0.4%…
December 26, 2023
Key events:
Canada, UK, Australia, New Zealand - Boxing Day
US stocks experienced a mixed close on Friday as investors approached the Christmas holiday weekend. The market showed fluctuations after absorbing inflation data that was milder than anticipated, solidifying expectations for Federal…
December 22, 2023
Key events:
UK - GDP (YoY) (Q3)
UK - GDP (QoQ) (Q3)
USA - Building Permits
USA - Core Durable Goods Orders (MoM) (Nov)
USA - Core PCE Price Index (MoM) (Nov)
USA - Core PCE Price Index (YoY) (Nov)
USA - New Home Sales (Nov)
On Thursday, the Dow experienced an upward surge as investors seized the…
December 21, 2023
Key events:
USA - GDP (QoQ) (Q3)
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Dec)
On Wednesday, US stocks experienced a decline as an abrupt mid-afternoon downturn put an end to Wall Street's impressive rally. This rally had been fueled by decreasing interest rates…
December 20, 2023
Key events:
UK - CPI (YoY) (Nov)
USA - CB Consumer Confidence (Dec)
USA - Existing Home Sales (Nov)
USA - Crude Oil Inventories
On Tuesday, the S&P 500 closed on a positive note, edging closer to a historic high amid a broadening rally in stocks beyond the tech sector. The index gained 0.6%…