Daily Market Analysis page 6
February 14, 2024
Key events:
UK - CPI (YoY) (Jan)
USA - Crude Oil Inventories
Japan - GDP (QoQ) (Q4)
On Tuesday, the Dow experienced a substantial decline, marking its most significant daily loss since March 2023. This downturn was triggered by a surge in Treasury yields, propelled by an inflation report that…
February 13, 2024
Key events:
UK - Claimant Count Change (Jan)
UK - Employment Change 3M/3M (MoM) (Dec)
UK - Unemployment Rate (Dec)
USA - Core CPI (MoM) (Jan)
USA - CPI (MoM) (Jan)
USA - CPI (YoY) (Jan)
On Monday, the Nasdaq experienced a decline in the afternoon, briefly surpassing its previous record closing…
February 12, 2024
Key events:
Eurozone - ECB's Lane Speaks
USA - FOMC Member Bowman Speaks
UK - BoE Gov Bailey Speaks
USA - FOMC Member Kashkari Speaks
On Friday, the S&P 500 achieved a historic milestone by closing above 5,000 for the first time, while the Nasdaq briefly touched 16,000. Megacaps and chip…
February 09, 2024
Key events:
Eurozone - German CPI (MoM) (Jan)
Canada - Employment Change (Jan)
Canada - Unemployment Rate (Jan)
The S&P 500 achieved a record high for the second consecutive Thursday, briefly touching an unprecedented 5,000 level just before closing. The surge in Disney and ARM contributed to…
February 08, 2024
Key events:
Eurozone - ECB's Elderson Speaks
UK - BoE MPC Member Mann
Eurozone - ECB's Lane Speaks
USA - Initial Jobless Claims
USA - 30-Year Bond Auction
On Wednesday, the S&P 500 marked a historic high, coming within reach of the 5,000 level, propelled by continued bullish sentiments in the…
February 07, 2024
Key events:
USA - Trade Balance (Dec)
USA - Crude Oil Inventories
USA - 10-Year Note Auction
USA - FOMC Member Bowman Speaks
The S&P 500 made a late recovery from the day's lows as it resumed its journey toward record highs, overcoming a recent setback. The rally, which broadened due to…