Daily Market Analysis page 23

Dow Surges on Inflation Relief, Tech Stocks Rally; RBA's Rate Hike and Gold's Resilience in Focus | Daily Market Analysis
November 15, 2023
Key events: Japan – GDP (QoQ) (Q3)  UK – CPI (YoY) (Oct) USA – Core Retail Sales (MoM) (Oct) USA – PPI (MoM) (Oct)   USA – Retail Sales (MoM) (Oct) USA – Crude Oil Inventories On Tuesday, the Dow Jones Industrial Average experienced an uptick, closing higher by 489 points or 1.4%. This positive…
Markets-Nervous-Amid-Economic-Data-Releases-Political-Uncertainty-and-Global-Meetings-preview
November 14, 2023
Key events: UK - Employment Change 3M/3M (MoM) (Sep) UK - Unemployment Rate (Sep) Eurozone - GDP (YoY) (Q3) Eurozone - GDP (QoQ) Eurozone - ZEW Economic Sentiment (Nov) USA - Core CPI (MoM) (Oct) USA - CPI (MoM) (Oct) USA - CPI (YoY) (Oct) US futures indicated a negative start to the week on…
Wall-Street-Soars-as-Tech-and-Growth-Stocks-Shine-with-Eyes-on-Inflation-and-Earnings-preview
November 13, 2023
Key events: USA - OPEC Monthly Report USA - Crude Oil Inventories The major indices on Wall Street closed the week with substantial gains on Friday, bolstered by prominent technology and growth stocks as Treasury yields stabilized. Investors also looked ahead to next week's reports on inflation…
US-Equities-Dip-as-Powell-Signals-Continued-Inflation-Battle-GBP-Faces-Pressure-and-Gold-Struggles-preview
November 10, 2023
Key events: UK - GDP (MoM) (Sep) UK - GDP (YoY) (Q3) UK - GDP (QoQ) (Q3) USA - Michigan Consumer Expectations (Nov) USA - Michigan Consumer Sentiment (Nov) USA - FOMC Member Bostic Speaks USA - Fed Logan Speaks On Thursday, US equities took a dip as Federal Reserve Chairman Jerome Powell conveyed…
US-Stock-Market-Sees-Slight-Wobble-Amidst-Longest-Winning-Streak-Fed-Caution-and-Earnings-Highlights-preview
November 09, 2023
Key events: Canada - BoC Gov Council Member Lane Speaks UK - BoE MPC Member Pill Speaks USA - Initial Jobless Claims USA - Fed Chair Powell Speaks On Wednesday, the US stock market experienced a slight wobble as major indexes aimed to extend their longest winning streak in two years. The Dow…
Wall-Streets-Rollercoaster-Ride-Fed-Yields-and-Gold-Amidst-Market-Uncertainty-preview
November 08, 2023
Key events: Eurozone -ECB's Lane Speaks UK - BoE Gov Bailey Speaks USA - Fed Chair Powell Speaks USA - FOMC Member Williams Speaks On Tuesday, Wall Street's primary indices embarked on an upward trajectory after a somewhat turbulent start to the session. The decline in US Treasury yields…
Markets-Await-Fed-Insights-RBA-Raises-Rates-and-Teslas-EV-Ambitions-preview
November 07, 2023
Key events: Australia- RBA Interest Rate Decision (Nov) Eurozone - ECB's De Guindos Speaks Eurozone - ECB McCaul Speaks USA - FOMC Member Kashkari Speaks USA - Fed Waller Speaks Canada - BoC Deputy Gov Kozicki Speaks USA - FOMC Member Williams Speaks On Monday, Wall Street's primary indices made…
Dow-Soars-on-Weak-Jobs-Report-Gold-and-RBA-Rate-Hike-Expectations-preview
November 06, 2023
Key events: Canada - Ivey PMI (Oct) UK - BoE MPC Member Pill Speaks  The Dow concluded the week on a high note, achieving its most substantial weekly gain of the year, largely driven by a weaker-than-expected jobs report that fueled optimism about the Federal Reserve's rate hike intentions,…
US-Stocks-Surge-as-Treasury-Yields-Dip-Amid-Fed-Rate-Pause-Expectations-UK-BoE-Maintains-Rates-Unchanged-preview
November 03, 2023
Key events: USA - Average Hourly Earnings (MoM) (Oct) USA - Nonfarm Payrolls (Oct) USA - Unemployment Rate (Oct) USA - S&P Global Services PMI (Oct) USA - ISM Non-Manufacturing PMI (Oct) USA - ISM Non-Manufacturing Prices (Oct) On Thursday, US stocks surged as Treasury yields dipped,…
Stock-Market-and-Precious-Metals-React-to-Feds-Decision-preview
November 02, 2023
Key events: UK - BoE Interest Rate Decision (Nov) USA - Initial Jobless Claims On Wednesday, Wall Street's major stock indices closed on a high note, with the Nasdaq leading the gains with a 1.6% advance. This upswing followed the US Federal Reserve's decision to maintain unchanged interest rates…
Wall-Streets-Mixed-Tuesday-Fed-Meeting-Earnings-and-Market-Moves-preview
November 01, 2023
Key events: USA - ADP Nonfarm Employment Change (Oct) USA - ISM Manufacturing PMI (Oct) USA - ISM Manufacturing Prices (Oct) USA - JOLTs Job Openings (Sep) USA - Crude Oil Inventories USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference On Tuesday, Wall Street's…
Markets-Rebound-Despite-Israel-Gaza-Incursion-Earnings-Updates-and-Central-Bank-Decisions-in-Focus-preview
October 31, 2023
Key events: China - Manufacturing PMI (Oct) Eurozone - CPI (YoY) (Oct) USA - CB Consumer Confidence (Oct) Despite Israel's initial steps into Gaza, European markets have had a positive start to the week. The limited and gradual nature of these actions seems to be easing concerns about potential…