Daily Market Analysis page 30
July 20, 2023
Key events:
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Jul)
USA - Existing Home Sales (Jun)
During Wednesday's evening trading, Dow futures were showing a decline after major benchmark averages reached new 15-month highs earlier in the day. Traders were closely…
July 19, 2023
Key events:
UK - CPI (YoY) (Jun)
Eurozone - CPI (YoY) (Jun)
USA - Building Permits (Jun)
USA - Crude Oil Inventories
Investors celebrated Tuesday as the S&P 500 surged, driven by better-than-expected quarterly results from several major corporations, including prominent Wall Street banks.
The…
July 18, 2023
Key events:
USA - Core Retail Sales (MoM) (Jun)
USA - Retail Sales (MoM) (Jun)
On Monday, the Dow closed higher, with technology and financial sectors leading the way. Investors were eagerly anticipating quarterly results from major Wall Street banks and corporations later…
July 17, 2023
tKey events:
China - Industrial Production (YoY) (Jun)
Eurozone - ECB President Lagarde Speaks
Eurozone - ECB's Lane Speaks
USA - NY Empire State Manufacturing Index (Jul)
On Friday, US stocks closed with a slight decline, but overall, investors remained optimistic amid indications that…
July 14, 2023
Key events:
USA - Export Price Index (MoM) (Jun)
USA - Import Price Index (MoM) (Jun)
USA - Michigan Consumer Sentiment (Jul)
The Dow Jones Industrial Average closed higher on Thursday, boosted by a surge in Google's stock, which contributed to a positive day for the technology sector.…
July 13, 2023
Key events:
UK - GDP (MoM) (May)
USA - Initial Jobless Claims
USA - PPI (MoM) (Jun)
The Dow Jones Industrial Average closed higher on Wednesday, despite giving up some of its gains. The positive finish was driven by a decline in Treasury yields and a boost in the tech sector following data that…
July 12, 2023
Key events:
New Zealand - RBNZ Interest Rate Decision
USA - Core CPI (MoM) (Jun)
USA - CPI (YoY) (Jun)
USA - CPI (MoM) (Jun)
Canada - BoC Interest Rate Decision
USA - Crude Oil Inventories
Stocks recorded gains on Tuesday, primarily driven by the energy and big tech sectors, while investors…
July 11, 2023
Key events:
UK - Employment Change 3M/3M (MoM) (May)
UK - Unemployment Rate (May)
Eurozone - ZEW Economic Sentiment (Jul)
USA - FOMC Member Bullard Speaks
USA - EIA Short-Term Energy Outlook
During Monday evening's trading, US stock futures remained within a narrow range. This followed…
July 10, 2023
Key events:
USA - FOMC Member Daly Speaks
USA - FOMC Member Mester Speaks
USA - FOMC Member Bostic Speaks
UK - BoE Gov Bailey Speaks
On Friday, US stocks showed little change and ended the week with a downward trend as investors analyzed a range of data released at the beginning of the…
July 07, 2023
Key events:
USA - Average Hourly Earnings (MoM) (Jun)
USA - Nonfarm Payrolls (Jun)
USA - Unemployment Rate (Jun)
On Thursday, the Dow closed with a decrease as strong job market data prompted expectations of additional Federal Reserve rate hikes. This led to a surge in Treasury yields, causing…
July 06, 2023
Key events:
USA - ADP Nonfarm Employment Change (Jun)
USA - Initial Jobless Claims
USA - Services PMI (Jun)
USA - ISM Non-Manufacturing PMI (Jun)
USA - JOLTs Job Openings (May)
USA - Crude Oil Inventories
On Wednesday, the Dow ended the day with a decline as the Federal Reserve's meeting minutes…
July 05, 2023
Key events:
USA - FOMC Meeting Minutes
During Monday's evening deals, US stock futures exhibited a mixed pattern after a shortened regular session. Tesla Inc (NASDAQ: TSLA) experienced a notable surge of 6.9% due to better-than-expected delivery and production figures.…