Daily Market Analysis page 31

Key events: USA - United States - Independence Day Australia - RBA Interest Rate Decision (Jul) In a shortened session on Monday, Wall Street's primary indices eked out modest gains, supported by a surge in Tesla (NASDAQ: TSLA) and the resilience of bank shares, setting a subdued tone for the…

Key events: USA - Independence Day - Early close at 13:00 UK - Manufacturing PMI (Jun) USA - ISM Manufacturing PMI (Jun) Friday saw a solid advance in Wall Street's three major indices, with the Nasdaq, known for its focus on technology stocks, recording its largest first-half gain in 40 years.…

Key events: UK - GDP (YoY) (Q1) UK - GDP (QoQ) (Q1) Eurozone - CPI (YoY) (Jun)    USA - Core PCE Price Index (MoM) (May)     On Thursday, US stock indices experienced slight gains as bank shares surged following the Federal Reserve's positive outcome of the annual stress test. Additionally,…

Key events: USA - Fed Chair Powell Speaks USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims USA - Pending Home Sales (MoM) (May) On Wednesday, the Nasdaq experienced a modest increase, supported by the performance of large-cap stocks. However, the S&P 500 and the Dow closed lower following…

Key events: USA – Fed Chair Powell Speaks      USA – Crude Oil Inventories     Tuesday saw a resurgence in US stock indices, marking a recovery from a recent series of losses. This rebound was driven by encouraging economic data, which alleviated concerns among investors about an imminent…

Key events:      Eurozone - ECB President Lagarde Speaks                         USA - Building Permits      USA - Core Durable Goods Orders (MoM) (May)      USA - CB Consumer Confidence (Jun)          USA - New Home Sales (May)                             On Monday, US stocks concluded the day…

Key events: Eurozone - ECB McCaul Speaks Eurozone - ECB President Lagarde Speaks US stocks are declining as the global growth forecast continues to worsen due to weak global PMI readings. The risk of a severe economic downturn is higher for Europe compared to the US, which could maintain support…

Key events:                                                    UK - Manufacturing PMI                              USA - FOMC Member Mester Speaks     USA - FOMC Member Bostic Speaks          USA - FOMC Member Bullard Speaks                     USA -    Services PMI (Jun)                        …

Key events:           Switzerland - SNB Interest Rate Decision (Q2)   Switzerland - SNB Press Conference      UK - BoE Interest Rate Decision (Jun)   UK - BOE Inflation Letter     USA - Initial Jobless Claims USA - Existing Home Sales (May)   USA - Fed Chair Powell Testifies      USA - Crude Oil…

Key events: UK - CPI (YoY) (May) USA - Fed Chair Powell Testifies On Tuesday, US stocks experienced a decline, closing with negative results as investors took the opportunity to secure profits after a sustained rally. The market displayed signs of weakening global demand, prompting cautious…

Key events: USA - Building Permits (May) USA - FOMC Member Bullard Speaks USA - Housing Starts (MoM) (May) USA - FOMC Member Williams Speaks Eurozone - ECB McCaul Speaks Eurozone - ECB's De Guindos Speaks On Monday evening, stock futures slightly declined after a public holiday, as investors…

Key events: USA - Juneteenth Eurozone - ECB's Lane Speaks Eurozone - ECB's Schnabel Speaks The S&P 500 closed lower on Friday due to the influence of market heavyweights like Microsoft, following comments from two Federal Reserve officials that dampened optimism regarding the central bank's…