Daily Market Analysis page 9
January 19, 2024
Key events:
Eurozone - ECB President Lagarde Speaks
USA - Existing Home Sales (Dec)
USA - Michigan Consumer Sentiment
USA - FOMC Member Daly Speaks
On Thursday, the Dow managed to close higher despite a momentary stumble during the day, thanks to a resurgence in big tech, particularly fueled by a…
January 18, 2024
Key events:
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Jan)
USA - Crude Oil Inventories
On Wednesday, US equities experienced a decline, influenced by a continued rise in Treasury yields that exerted pressure on the technology sector. The surge in yields was driven…
January 17, 2024
Key events:
UK - CPI (YoY) (Dec)
Eurozone -CPI (YoY) (Dec)
USA - Core Retail Sales (MoM) (Dec)
USA - Retail Sales (MoM) (Dec)
The Dow concluded the trading session with a decline on Tuesday, as investors processed a flurry of earnings reports and a surge in Treasury yields following remarks from…
January 16, 2024
Key events:
UK - Average Earnings Index +Bonus (Nov)
UK - Employment Change 3M/3M (MoM) (Nov)
UK - Unemployment Rate (Nov)
Eurozone - German CPI (MoM) (Dec)
USA - NY Empire State Manufacturing Index (Jan)
UK - BoE Gov Bailey Speaks
USA - Fed Waller Speaks
On Monday night, US stocks…
January 15, 2024
Key events:
USA - Martin Luther King, Jr. Day
Eurozone - Industrial Production (MoM) (Nov)
Eurozone - Trade Balance (Nov)
Canada - Wholesale Sales (MoM) (Nov)
Canada - BoC Business Outlook Survey
On Friday, US stocks closed with minimal changes, fluctuating between slight gains and losses. Mixed…
January 12, 2024
Key events:
UK - GDP (MoM) (Nov)
USA - PPI (MoM) (Dec)
US stocks experienced modest gains on Thursday as investors processed a decrease in core inflation for December, despite higher-than-expected headline consumer prices. The Dow Jones Industrial Average declined by 255 points or 0.7%, the S…