Weekly Market Analysis page 32
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,…
September 22, 2023
Key events:
USA - S&P Global Services PMI (Sep)
US stocks faced a decline, while Treasury yields rose following the Federal Reserve's indication of maintaining higher interest rates, including a potential increase later this year.
Interest rate-sensitive mega-cap…
September 21, 2023
Key events:
New Zealand - GDP (QoQ) (Q2)
Switzerland - SNB Interest Rate Decision (Q3)
UK - BoE Interest Rate Decision (Sep)
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Sep)
USA - Existing Home Sales (Aug)
On Wednesday, the Dow concluded the day with a decline,…
September 20, 2023
Key events:
UK - CPI (YoY) (Aug)
USA - Crude Oil Inventories
USA - FOMC Economic Projections
USA - FOMC Statement
USA - Fed Interest Rate Decision
USA - FOMC Press Conference
During Tuesday's evening trading, US stock futures remained in a narrow range, following a negative session for major…
September 19, 2023
Key events:
Eurozone - CPI (YoY) (Aug)
USA - Building Permits (Aug)
On Monday, the primary stock market indices on Wall Street experienced fluctuating movements, with energy stocks tracking the rising prices of crude oil. Investors were also in anticipation of the Federal Reserve's upcoming…
September 18, 2023
Key events:
Eurozone - ECB's De Guindos Speaks
Eurozone - ECB's Panetta Speaks
Eurozone - ECB's Elderson Speaks
Early last week, some investors briefly leaned toward the idea of a gentle market landing. However, by Friday, US stock markets had reversed course, closing the week…
September 15, 2023
Key events:
USA - Export Price Index (MoM) (Aug)
USA - Import Price Index (MoM) (Aug)
USA - NY Empire State Manufacturing Index (Sep)
USA - Industrial Production (MoM) (Aug)
USA - Michigan Consumer Sentiment (Sep)
On Thursday, US stocks surged as robust retail sales figures defied…
September 14, 2023
Key events:
Eurozone - Deposit Facility Rate (Sep)
Eurozone - ECB Interest Rate Decision (Sep)
USA - Core Retail Sales (MoM) (Aug)
USA - Initial Jobless Claims
USA - PPI (MoM) (Aug)
USA - Retail Sales (MoM) (Aug)
Eurozone - ECB Press Conference
In the overnight trading hours of Wednesday…