Weekly Market Analysis page 27
January 12, 2024
Key events:
UK - GDP (MoM) (Nov)
USA - PPI (MoM) (Dec)
US stocks experienced modest gains on Thursday as investors processed a decrease in core inflation for December, despite higher-than-expected headline consumer prices. The Dow Jones Industrial Average declined by 255 points or 0.7%, the S…
January 11, 2024
Key events:
USA - Core CPI (MoM) (Dec)
USA - CPI (MoM) (Dec)
USA - CPI (YoY) (Dec)
USA - Initial Jobless Claims
USA - 30-Year Bond Auction
On Wednesday, US stocks saw an upward trend with a boost from mega-cap companies, although gains were tempered in anticipation of forthcoming inflation…
January 10, 2024
Key events:
Eurozone - ECB's De Guindos Speaks
Eurozone - ECB's Schnabel Speaks
UK - BoE Gov Bailey Speaks
USA - Crude Oil Inventories
USA - 10-Year Note Auction
USA - FOMC Member Williams Speaks
On Tuesday, US stocks retreated, relinquishing some of the previous session's tech-driven gains,…
January 09, 2024
Key events:
Australia - Building Approvals (MoM) (Nov)
Australia - Retail Sales (MoM) (Nov)
Eurozone - Unemployment Rate (Nov)
USA - Exports
USA - Imports
USA - Trade Balance (Nov)
Canada - Building Permits (MoM) (Nov)
Canada - Trade Balance (Nov)
Equities surged at the beginning of the trading…
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%…