Daily Market Analysis page 24
October 30, 2023
Key events:
Eurozone - ECB's De Guindos Speaks
Eurozone - ECB's Enria Speaks
Canada - BoC Gov Macklem Speaks
During Sunday's evening trading, US stock futures displayed gains after major benchmark indices concluded the week at multi-month lows. Investors are gearing up for a packed week…
October 27, 2023
Key events:
USA - Core PCE Price Index (MoM) (Sep)
USA - Core PCE Price Index (YoY) (Sep)
Eurozone - EU Leaders Summit
US stocks experienced a significant decline on Thursday, primarily driven by a drop in tech and tech-related large-cap stocks. This downturn was in response to a mix of…
October 26, 2023
Key events:
Eurozone - Deposit Facility Rate (Oct)
Eurozone - ECB Interest Rate Decision (Oct)
USA - Core Durable Goods Orders (MoM) (Sep)
USA - GDP (QoQ) (Q3)
USA - Initial Jobless Claims
Eurozone - ECB Press Conference
USA - Pending Home Sales (MoM) (Sep)
On Wednesday, US stock indices…
October 25, 2023
Key events:
USA - Building Permits
USA - New Home Sales (Sep)
Canada - BoC Interest Rate Decision
USA - Crude Oil Inventories
USA - Fed Chair Powell Speaks
Global stock markets posted gains on Tuesday, driven by positive corporate earnings that boosted investor risk appetite. However, caution…
October 24, 2023
Key events:
Eurozone – ECB President Lagarde Speaks
USA – S&P Global Services PMI (Oct)
The Dow Jones Industrial Average declined on Monday due to fluctuating Treasury yields and a surge in technology stocks, which partially offset losses in the energy and…
October 23, 2023
Key events:
Australia - RBA Assist Gov Bullock Speaks
Eurozone - ECB President Lagarde Speaks
USA - S&P Global Services PMI (Oct)
On Friday, the stock market experienced a decline as investors turned to safe-haven assets like gold and Treasurys due to concerns about the ongoing conflict…
October 20, 2023
Key events:
New Zealand - Trade Balance (MoM) (Sep)
UK - Retail Sales (MoM) (Sep)
Canada - Core Retail Sales (MoM) (Aug)
Canada - Retail Sales (MoM) (Aug)
Eurozone - ECB McCaul Speaks
USA - FOMC Member Harker Speaks
USA - FOMC Member Mester Speaks
Thursday saw the Dow ending on a lower note, as…
October 19, 2023
Key events:
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Oct)
USA - Existing Home Sales (Sep)
USA - Fed Chair Powell Speaks
USA - FOMC Member Bostic Speaks
The Dow closed in negative territory on Wednesday as Nvidia continued to put pressure on the tech sector for a…
October 18, 2023
Key events:
UK - CPI (YoY) (Sep)
Eurozone - CPI (YoY) (Sep)
Eurozone - ECB President Lagarde Speaks
USA - Building Permits (Sep)
USA - Housing Starts (Sep)
USA - Crude Oil Inventories
USA - Fed Waller Speaks
USA - FOMC Member Williams Speaks
USA - FOMC Member Bowman Speaks
USA - FOMC Member Harker…
October 17, 2023
Key events:
Eurozone - ECB's Supervisory Board Member Jochnick Speaks
USA - FOMC Member Williams Speaks
USA - Core Retail Sales (MoM) (Sep)
USA - Retail Sales (MoM) (Sep)
USA - FOMC Member Bowman Speaks
Eurozone - ECB's De Guindos Speaks
The major US stock indices ended Monday with substantial…
October 16, 2023
Key events:
Eurozone - ECB's Enria Speaks
Eurozone - ECB Supervisory Board Member Tuominen Speaks
UK - BoE Deputy Governor Woods Speaks
UK - BoE MPC Member Pill
USA - FOMC Member Harker Speaks
USA - FOMC Member Harker Speaks
Markets are on edge as Israel makes preparations to deploy troops into…
October 13, 2023
Key events:
New Zealand - Business NZ PMI (Sep)
China - CPI (MoM) (Sep)
China - CPI (YoY) (Sep)
UK - BoE Gov Bailey Speaks
USA - Member Harker Speaks
Eurozone - ECB President Lagarde Speaks
European markets experienced another lackluster session, drifting into negative territory following the…