Daily Market Analysis page 5

Key events: Eurozone - ECB McCaul Speaks USA - Core Retail Sales (MoM) (Aug) USA - Retail Sales (MoM) (Aug) Eurozone - ECB's Elderson Speaks  US stocks traded in mixed territory on Monday as investors awaited this week’s Federal Reserve meeting, where the central bank is expected to begin a cycle…

Key events: Switzerland - PPI (MoM) (Aug) Eurozone - ECB's De Guindos Speaks Eurozone - Wages in euro zone (YoY) (Q2) Eurozone - Trade Balance (Jul) Eurozone - ECB's Lane Speaks USA - NY Empire State Manufacturing Index (Sep) Wall Street’s major indices finished the week on a positive note, with…

Key events: Eurozone - Eurogroup Meetings USA - Michigan Consumer Sentiment (Sep)  The S&P 500 finished higher on Thursday, brushing off stronger-than-expected producer price data as investors shifted their focus to the anticipated Federal Reserve interest rate cut next week. The S&P 500…

Key events: Eurozone - Deposit Facility Rate (Sep) Eurozone - ECB Interest Rate Decision (Sep) USA - Initial Jobless Claims USA - PPI (MoM) (Aug) Eurozone - ECB Press Conference USA - 30-Year Bond Auction The S&P 500 trimmed its losses on Wednesday, as a tech rally led by Nvidia helped offset…

Key events: UK - GDP (MoM) (Jul) USA - Core CPI (MoM) (Aug) USA - CPI (YoY) (Aug) USA - CPI (MoM) (Aug) USA - Crude Oil Inventories USA - 10-Year Note Auction The S&P 500 reversed early losses to finish higher on Tuesday, as gains in tech helped counter declines in the energy and financial…

Key events: UK - Employment Change 3M/3M (MoM) (Jul) UK - Unemployment Rate (Jul) Eurozone - EU Economic Forecasts Canada - BoC Gov Macklem Speaks USA - Fed Vice Chair for Supervision Barr Speaks The S&P 500 rallied on Monday, recovering from its steepest weekly decline since 2023, as…

Key events: Japan - GDP (QoQ) (Q2) The Dow Jones Industrial Average dropped 400 points on Friday after the US nonfarm payrolls (NFP) report fell short of expectations, along with a downward revision to previous data. The uneven job growth added to the signals of a slowing US economy, but not to…

Key events: USA - Average Hourly Earnings (MoM) (Aug) USA - Nonfarm Payrolls (Aug) USA - Unemployment Rate (Aug) The S&P 500 ended Thursday in the red, with optimism for stocks dampened by renewed concerns about the economy following mixed employment data, just ahead of the August nonfarm…

Key events: USA - ADP Nonfarm Employment Change (Aug) USA - Initial Jobless Claims USA - S&P Global Services PMI (Aug) USA - ISM Non-Manufacturing PMI (Aug) USA - ISM Non-Manufacturing Prices (Aug) USA - Crude Oil Inventories US stocks stabilized on Wednesday as Wall Street sought to recover…

Key events: Canada - BoC Interest Rate Decision USA - JOLTs Job Openings (Jul) US stocks declined on Tuesday, with tech stocks facing pressure as the shortened trading week kicked off. Investors are closely watching a series of economic data releases, including the monthly jobs report, which will…

Key events: USA - S&P Global US Manufacturing PMI (Aug) USA - ISM Manufacturing PMI (Aug) USA - ISM Manufacturing Prices (Aug) Eurozone - ECB's Supervisory Board Member Jochnick Speaks US equity futures saw declines on Tuesday, with S&P 500 futures slipping by 0.17% to 5,638.70 and Nasdaq…

Key events: USA - Labor Day Eurozone - HCOB Eurozone Manufacturing PMI (Aug) UK - S&P Global/CIPS UK Manufacturing PMI (Aug)  The S&P 500 ended higher on Friday, wrapping up August with its fourth consecutive monthly gain, as fading economic concerns fueled a strong rebound in stocks…