Daily Market Analysis

Key events: USA - Initial Jobless Claims USA - S&P Global Services PMI (Sep) USA - ISM Non-Manufacturing PMI (Sep) USA - ISM Non-Manufacturing Prices (Sep) On Wednesday, the Dow Jones eked out a slight gain, supported by stronger jobs data, though rising tensions in the Middle East tempered…

Key events: USA - ADP Nonfarm Employment Change (Sep) USA - Crude Oil Inventories The S&P 500 declined on Tuesday as investors moved away from riskier assets due to escalating concerns over a broader Middle East conflict, following Iran's launch of multiple missiles targeting Israel. The Dow…

Key events: Eurozone - CPI (YoY) (Sep) USA - S&P Global US Manufacturing PMI (Sep) USA - ISM Manufacturing PMI (Sep) USA - ISM Manufacturing Prices (Sep) USA - JOLTs Job Openings (Aug) The S&P 500 ended Monday with gains, closing higher and capping off a strong third quarter. Investor…

Key events: China - Manufacturing PMI (Sep) UK - GDP (QoQ) (Q2) UK - GDP (YoY) (Q2) USA - Chicago PMI (Sep) USA - Fed Chair Powell Speaks On Friday, the Dow Jones Industrial Average reached record highs, closing with a gain of 137 points (0.3%) at 42,313.00. Energy stocks surged, and signs of…

Key events: Eurozone - ECB's Lane Speaks USA - Core PCE Price Index (MoM) (Aug) USA - Core PCE Price Index (YoY) (Aug) USA - Michigan Consumer Sentiment (Sep) USA - FOMC Member Bowman Speaks The S&P 500 surged to a new record close on Thursday, propelled by a boost in chip stocks, led by…

Key events: Switzerland - SNB Interest Rate Decision (Q3) USA - Durable Goods Orders (MoM) (Aug) USA - GDP (QoQ) (Q2) USA - Initial Jobless Claims USA - Fed Chair Powell Speaks  The S&P 500 dipped on Wednesday as investors took a breather from the recent rally, awaiting key economic catalysts…

Key events: USA - New Home Sales (Aug) USA - Crude Oil Inventories On Tuesday, the S&P 500 and Dow Jones both closed at record highs, brushing off consumer concerns about the economy as Nvidia powered a surge in tech stocks. The S&P 500 rose 0.3%, closing at a new high of 5,735.66, while…

Key events: Australia - RBA Interest Rate Decision (Sep) USA - CB Consumer Confidence (Sep) US stocks closed higher on Monday as investors paused near record highs, awaiting further signals from the Federal Reserve. The Dow Jones Industrial Average gained 0.15%, the S&P 500 rose 0.28%, and…

Key events: Eurozone - ECB's Elderson Speaks USA - FOMC Member Bostic Speaks USA - S&P Global US Manufacturing PMI (Sep) USA - S&P Global Services PMI (Sep) The Dow edged higher to close at record highs on Friday, as investors balanced a decline in FedEx with growing expectations of…

Key events: Japan - BoJ Interest Rate Decision UK - BoE MPC Member Mann Speaks Canada - BoC Gov Macklem Speaks Eurozone - ECB President Lagarde Speaks USA - FOMC Member Harker Speaks The S&P 500 surged to close above 5,700 for the first time ever on Thursday, fueled by gains in the tech…

Key events: UK - BoE Interest Rate Decision (Sep) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Sep) USA - Existing Home Sales (Aug) The S&P 500 ended a seven-day winning streak with volatile trading on Wednesday, as the Federal Reserve opted for a substantial 50…

Key events: UK - CPI (YoY) (Aug) Eurozone - CPI (YoY) (Aug) USA - Crude Oil Inventories USA - FOMC Economic Projections USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference US stocks remained mostly unchanged on Tuesday, despite an upbeat retail sales report that…