Daily Market Analysis

Key events: Christmas - Early close The S&P 500 closed in positive territory on Monday, as technology stocks surged, led by a robust rally in semiconductor equities. This strong start to a holiday-shortened week set a positive tone for the markets. By the close of trading, the Dow Jones…

Key events: UK - GDP (YoY) (Q3) UK - GDP (QoQ) (Q3) USA - CB Consumer Confidence (Dec) US stocks surged on Friday, wrapping up the week on a positive note after two sluggish sessions, as a cooler-than-expected inflation report and dovish remarks from Federal Reserve officials eased concerns about…

Key events: USA - Core PCE Price Index (MoM) (Nov) USA - Core PCE Price Index (YoY) (Nov) Stocks showed minimal movement on Thursday, with a late-session dip stifling a potential recovery from the sharp losses seen the day before. The Dow Jones Industrial Average inched up by less than 0.1%,…

Key events: Japan - BoJ Interest Rate Decision UK - BoE Interest Rate Decision (Dec) USA - GDP (QoQ) (Q3) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Dec) USA - Existing Home Sales (Nov) The Dow Jones Industrial Average experienced a dramatic drop of over 1,100 points…

Key events: UK - CPI (YoY) (Nov) Eurozone - CPI (YoY) (Nov) USA - Crude Oil Inventories USA - FOMC Economic Projections USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference The Dow Jones Industrial Average extended its losing streak to nine sessions on Tuesday,…

Key events: USA - Core Retail Sales (MoM) (Nov) USA - Retail Sales (MoM) (Nov) The Nasdaq reached a historic high on Monday as technology stocks led the rally ahead of the Federal Reserve's final policy meeting of the year. The NASDAQ Composite surged by 1.1%, closing at a record 20,173.74, while…

Key events: USA - S&P Global US Manufacturing PMI (Dec) USA - S&P Global Services PMI (Dec) US stocks wrapped up the trading week in a quiet session on Friday, with the S&P 500 and Dow finishing slightly lower, while the Nasdaq extended its winning streak to a fourth consecutive week…

Key events: UK - GDP (MoM) (Oct) The S&P 500 ended Thursday in negative territory as Treasury yields surged, driven by an inflation report that exceeded expectations. The Dow Jones Industrial Average declined by 234 points, or 0.5%, while the S&P 500 and NASDAQ Composite fell by 0.5% and…

Key events: Switzerland - SNB Interest Rate Decision (Q4) Eurozone - Deposit Facility Rate (Dec) Eurozone -ECB Interest Rate Decision (Dec) USA - Initial Jobless Claims USA - PPI (MoM) (Nov) Eurozone - ECB Press Conference USA - 30-Year Bond Auction The Nasdaq closed above 20,000 for the first…

Key events: USA - Core CPI (MoM) (Nov) USA - CPI (YoY) (Nov) Canada - BoC Interest Rate Decision USA - Crude Oil Inventories USA - 10-Year Note Auction The S&P 500 marked its second consecutive day of losses as the tech sector continued to struggle, overshadowing a strong performance by…

Key events: Australia - RBA Interest Rate Decision (Dec) The S&P 500 experienced a downturn on Monday as technology stocks, led by Nvidia, came under pressure just ahead of significant inflation data set for release this week. The Dow Jones Industrial Average fell by 240 points, or 0.5%,…

Key events: Eurozone - Eurogroup Meetings Stocks gained momentum on Friday, buoyed by November’s employment report that met market expectations, reinforcing optimism about the economy’s resilience. The data bolstered speculation of an impending Federal Reserve rate cut, contributing to a mixed…