Daily Market Analysis page 3
March 12, 2024
Key events:
USA - Core CPI (MoM) (Feb)
USA - USD CPI (YoY) (Feb)
USA - CPI (MoM) (Feb)
USA - 10-Year Note Auction
On Monday, the Dow Jones Industrial Average experienced a modest gain as investors anticipated forthcoming inflation data, a crucial factor influencing the Federal Reserve's stance on…
March 11, 2024
Key events:
Japan - GDP (QoQ) (Q4)
UK - BoE MPC Member Mann
On Friday, the S&P 500 and Nasdaq experienced a decline after reaching record highs earlier in the session. High-flying chip stocks reversed course, and a mixed labor market report, featuring more new jobs than anticipated coupled…
March 08, 2024
Key events:
USA - Average Hourly Earnings (MoM) (Feb)
USA - Nonfarm Payrolls (Feb)
USA - Unemployment Rate (Feb)
The S&P 500 achieved a new record high on Thursday, driven by gains in the tech sector. Federal Reserve Chair Jerome Powell's reaffirmation of potential rate cuts this year fueled…
March 07, 2024
Key events:
Eurozone - Deposit Facility Rate (Mar)
Eurozone - ECB Interest Rate Decision (Mar)
USA - Initial Jobless Claims
Eurozone - ECB Press Conference
USA - Fed Chair Powell Testifies
On Wednesday, US stocks experienced a rise, particularly in the tech sector, following Federal Reserve Chair…
March 06, 2024
Key events:
UK - Spring Forecast Statement
USA - ADP Nonfarm Employment Change (Feb)
Canada - BoC Interest Rate Decision
USA - Fed Chair Powell Testifies
USA - JOLTs Job Openings (Jan)
USA - Crude Oil Inventories
On Tuesday, investors in both the United States and Europe approached the equity…
March 05, 2024
Key events:
USA - S&P Global Services PMI (Feb)
USA - ISM Non-Manufacturing PMI (Feb)
USA - ISM Non-Manufacturing Prices (Feb)
On Monday, US stock markets experienced a retreat from recent record highs, with Federal Reserve officials downplaying the possibility of imminent rate cuts ahead of…