Daily Market Analysis page 8
December 27, 2023
Key events:
USA - 5-Year Note Auction
USA - API Weekly Crude Oil Stock
On Tuesday night, US stocks displayed minimal changes as investors closely monitored the benchmark index's trajectory toward a record high.
In the regular session on Tuesday, both the Dow and S&P 500 recorded a 0.4%…
December 26, 2023
Key events:
Canada, UK, Australia, New Zealand - Boxing Day
US stocks experienced a mixed close on Friday as investors approached the Christmas holiday weekend. The market showed fluctuations after absorbing inflation data that was milder than anticipated, solidifying expectations for Federal…
December 22, 2023
Key events:
UK - GDP (YoY) (Q3)
UK - GDP (QoQ) (Q3)
USA - Building Permits
USA - Core Durable Goods Orders (MoM) (Nov)
USA - Core PCE Price Index (MoM) (Nov)
USA - Core PCE Price Index (YoY) (Nov)
USA - New Home Sales (Nov)
On Thursday, the Dow experienced an upward surge as investors seized the…
December 21, 2023
Key events:
USA - GDP (QoQ) (Q3)
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Dec)
On Wednesday, US stocks experienced a decline as an abrupt mid-afternoon downturn put an end to Wall Street's impressive rally. This rally had been fueled by decreasing interest rates…
December 20, 2023
Key events:
UK - CPI (YoY) (Nov)
USA - CB Consumer Confidence (Dec)
USA - Existing Home Sales (Nov)
USA - Crude Oil Inventories
On Tuesday, the S&P 500 closed on a positive note, edging closer to a historic high amid a broadening rally in stocks beyond the tech sector. The index gained 0.6%…
December 19, 2023
Key events:
Japan - BoJ Interest Rate Decision
Japan - BoJ Press Conference
Eurozone - CPI (YoY) (Nov)
USA - Building Permits (Nov)
On Monday, the S&P 500 defied attempts by Federal Reserve officials to temper expectations for imminent rate cuts. The Dow Jones Industrial Average remained flat…
December 18, 2023
Key events:
UK - BoE MPC Member Broadbent Speaks
Canada - New Housing Price Index (MoM) (Nov)
Eurozone - ECB's Schnabel Speaks
Eurozone - ECB's Lane Speaks
On the closing bell last Friday, Wall Street witnessed a blend of outcomes, and the dollar staged a recovery as market participants took a…
December 15, 2023
Key events:
Eurozone - EU Leaders Summit
USA - S&P Global Services PMI (Dec)
On Thursday, US stocks experienced an upward surge, building on the strong gains from the previous session. This was prompted by the Federal Reserve's indication of upcoming interest rate cuts in the next year, along…
December 14, 2023
Key events:
Switzerland - SNB Interest Rate Decision (Q4)
UK - BoE Interest Rate Decision (Dec)
Eurozone - Deposit Facility Rate (Dec)
Eurozone - ECB Interest Rate Decision (Dec)
USA - Core Retail Sales (MoM) (Nov)
USA - Initial Jobless Claims
USA - Retail Sales (MoM) (Nov)
Eurozone - ECB Press…
December 13, 2023
Key events:
UK - GDP (MoM) (Oct)
USA - PPI (MoM) (Nov)
USA - Crude Oil Inventories
USA - FOMC Statement
USA - Fed Interest Rate Decision
USA - FOMC Press Conference
New Zealand - GDP (QoQ) (Q3)
On Tuesday, the Dow concluded higher, led by the tech sector, as a sustained deceleration in inflation…
December 12, 2023
Key events:
USA - Core CPI (MoM) (Nov)
USA - CPI (YoY) (Nov)
USA - CPI (MoM) (Nov)
USA - 30-Year Bond Auction
On Monday, the Dow recorded an increase, extending recent positive trends as investors anticipated a significant week marked by pivotal events, including the release of fresh inflation…
December 11, 2023
Key events:
Japan - BSI Large Manufacturing Conditions (Q4)
USA - 3-Year Note Auction
USA - 10-Year Note Auction
Eurozone - ECB McCaul Speaks
New Zealand - Electronic Card Retail Sales
On Friday, the Dow experienced a rise, marking its lengthiest weekly winning streak since 2019. This surge was…