Weekly Market Analysis page 32
October 10, 2023
Key events:
Eurozone - ECB President Lagarde Speaks
USA - FOMC Member Bostic Speaks
USA - FOMC Member Kashkari Speaks
On Monday, the S&P 500 managed to climb despite escalating geopolitical tensions in the wake of the Israel-Hamas conflict, which raised concerns about a broader Middle East…
October 09, 2023
Key events:
Eurozone - ECB's De Guindos Speaks
Eurozone - ECB's Enria Speaks
UK - BoE MPC Member Mann
During Sunday's evening trade, US stock futures were on a downward trajectory, influenced by a flight to safety following a recent Hamas attack on Israel. The Israeli-Palestinian conflict…
October 06, 2023
Key events:
USA - Average Hourly Earnings (MoM) (Sep)
USA - Nonfarm Payrolls (Sep)
USA - Unemployment Rate (Sep)
US stocks experienced a modest decline on Thursday, rebounding from earlier session lows, as investors awaited the monthly jobs report and sought insights into future interest rate…
October 05, 2023
Key events:
Eurozone - ECB's Lane Speaks
USA - Initial Jobless Claims
USA - FOMC Member Mester Speaks
Eurozone - ECB's De Guindos Speaks
USA - FOMC Member Daly Speaks
USA - Fed's Balance Sheet
On Wednesday, the S&P 500 experienced a rise, with the increase in Treasury yields coming…
October 04, 2023
Key events:
New Zealand - RBNZ Interest Rate Decision
USA - ADP Nonfarm Employment Change (Sep)
USA - S&P Global Services PMI (Sep)
USA - ISM Non-Manufacturing PMI (Sep)
USA - ISM Non-Manufacturing Prices (Sep)
USA - Crude Oil Inventories
Increasing Treasury yields and the absence of an…
October 03, 2023
Key events:
Australia - RBA Interest Rate Decision (Oct)
USA - JOLTs Job Openings (Aug)
On Monday, the Dow Jones Industrial Average closed lower, largely driven by declines in the energy and utilities sectors. This decline coincided with a continued rise in Treasury…
October 02, 2023
Key events:
USA - ISM Manufacturing PMI (Sep)
USA - ISM Manufacturing Prices (Sep)
USA - Fed Chair Powell Speaks
Market performance on Friday concluded with slight losses as investors braced themselves for the possibility of a US government shutdown and adjusted…
September 29, 2023
Key events:
UK - GDP (QoQ) (Q2)
UK - GDP (YoY) (Q2)
Eurozone - CPI (YoY) (Sep)
USA - Core PCE Price Index (MoM) (Aug)
USA - Core PCE Price Index (YoY) (Aug)
The main indices of Wall Street closed in positive territory on Thursday, with investors carefully analyzing the latest economic data while…
September 28, 2023
Key events:
USA - GDP (QoQ) (Q2)
USA - Initial Jobless Claims
USA - Pending Home Sales (MoM) (Aug)
On Wednesday, the S&P 500 managed to secure a marginal uptick in a volatile trading session. Investors found themselves in a dilemma, contemplating whether it was the right time to seek out…
September 27, 2023
Key events:
USA - Core Durable Goods Orders (MoM) (Aug)
USA - Crude Oil Inventories
US stocks continued their decline on Tuesday, extending losses for the month. Concerns among investors persist about the possibility of interest rates remaining elevated for an extended period and the potential…
September 26, 2023
Key events:
USA - CB Consumer Confidence (Sep)
USA - New Home Sales (Aug)
USA - Building Permits
On Monday, the S&P 500 experienced a modest increase, boosted by Amazon.com (NASDAQ: AMZN) shares and the energy sector. This uptick coincided with rising Treasury yields, and investors were…
September 25, 2023
Key events:
Eurozone - ECB President Lagarde Speaks
Eurozone - ECB's Schnabel Speaks
On Friday, Wall Street experienced a volatile session that ultimately led to a lower close, marking the end of a turbulent week. This week saw benchmark Treasury yields reaching their highest levels in 16 years,…