Daily Market Analysis page 10

Key events: USA - Thanksgiving Day Wednesday witnessed a rise in Wall Street's primary indices, fueled by optimism that the Federal Reserve had concluded its cycle of interest rate hikes. Despite this positive sentiment, escalating Treasury yields and lackluster earnings reports tempered the…

Key events: UK - Autumn Forecast Statement USA - Core Durable Goods Orders (MoM) (Oct) USA - Initial Jobless Claims USA - Crude Oil Inventories USA - Michigan Consumer Sentiment (Nov) Tuesday witnessed a retreat in the US stock markets as investors anxiously anticipated the release of the Federal…

Key events: USA - Existing Home Sales (Oct) USA - Existing Home Sales USA - FOMC Meeting Minutes During Monday's evening trading, US stock futures exhibited limited movement, maintaining a narrow range after modest gains in major benchmark indices. Lower yields contributed to the positive…

Key events: USA - Existing Home Sales USA - Existing Home Sales (Oct) USA - FOMC Meeting Minutes Global stocks held steady near two-month highs on Friday, and Treasury yields briefly touched two-month lows as investors maintained the belief that US interest rates have reached their peak and could…

Key events:  Eurozone - CPI (YoY) (Oct) USA - Building Permits (Oct) On Thursday, US stocks experienced a decline, driven by a downturn in Walmart and concerns about the economy amidst a series of economic data that mostly fell below expectations. The Dow Jones Industrial Average saw a decrease…

Key events: USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Nov) The Dow Jones Industrial Average is on an upward trajectory for the fourth consecutive session this Wednesday, buoyed by positive October releases from the Producer Price Index (PPI) and US Retail Sales.…

Key events: Japan – GDP (QoQ) (Q3)  UK – CPI (YoY) (Oct) USA – Core Retail Sales (MoM) (Oct) USA – PPI (MoM) (Oct)   USA – Retail Sales (MoM) (Oct) USA – Crude Oil Inventories On Tuesday, the Dow Jones Industrial Average experienced an uptick, closing higher by 489 points or 1.4%. This positive…

Key events: UK - Employment Change 3M/3M (MoM) (Sep) UK - Unemployment Rate (Sep) Eurozone - GDP (YoY) (Q3) Eurozone - GDP (QoQ) Eurozone - ZEW Economic Sentiment (Nov) USA - Core CPI (MoM) (Oct) USA - CPI (MoM) (Oct) USA - CPI (YoY) (Oct) US futures indicated a negative start to the week on…

Key events: USA - OPEC Monthly Report USA - Crude Oil Inventories The major indices on Wall Street closed the week with substantial gains on Friday, bolstered by prominent technology and growth stocks as Treasury yields stabilized. Investors also looked ahead to next week's reports on inflation…

Key events: UK - GDP (MoM) (Sep) UK - GDP (YoY) (Q3) UK - GDP (QoQ) (Q3) USA - Michigan Consumer Expectations (Nov) USA - Michigan Consumer Sentiment (Nov) USA - FOMC Member Bostic Speaks USA - Fed Logan Speaks On Thursday, US equities took a dip as Federal Reserve Chairman Jerome Powell conveyed…

Key events: Canada - BoC Gov Council Member Lane Speaks UK - BoE MPC Member Pill Speaks USA - Initial Jobless Claims USA - Fed Chair Powell Speaks On Wednesday, the US stock market experienced a slight wobble as major indexes aimed to extend their longest winning streak in two years. The Dow…

Key events: Eurozone -ECB's Lane Speaks UK - BoE Gov Bailey Speaks USA - Fed Chair Powell Speaks USA - FOMC Member Williams Speaks On Tuesday, Wall Street's primary indices embarked on an upward trajectory after a somewhat turbulent start to the session. The decline in US Treasury yields…