DXY index

US Equity Futures Decline as Markets Brace for Key Labor Data and Fed Rate Decision | Daily Market Analysis

Key events: USA - S&P Global US Manufacturing PMI (Aug) USA - ISM Manufacturing PMI (Aug) USA - ISM Manufacturing Prices (Aug) Eurozone - ECB's Supervisory Board Member Jochnick Speaks US equity futures saw declines on Tuesday, with S&P 500 futures slipping by 0.17% to 5,638.70 and Nasdaq 100 futures falling 64 points, or 0.32%, to 19,511.10.

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S&P 500 Stumbles, US Dollar Index Seeks Recovery Amid Risk Aversion and Economic Indicators | Daily Market Analysis

Key events: USA - ADP Nonfarm Employment Change (Jul)   USA - Crude Oil Inventories Tuesday witnessed a stumble in the S&P 500, with consumer stocks bearing the brunt of the pressure, as investors absorbed the latest round of quarterly earnings reports. The S&P 500 declined by 0.3%, while the Dow Jones Industrial Average managed to edge up by 0.2%, or 71 points. In contrast, the Nasdaq experienced a 0.4% decline.

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What's Moving the Markets This Week? | Daily Market Analysis

Key events:         UK – Construction PMI (Feb) Canada – Ivey PMI (Feb) Despite the Fed's best efforts, the labor market remains overheated as initial jobless claims fell by 2,000 (n/a) to 190,000 and U.S. service sector business activity remains elevated. In the context of fighting inflation, this threatens to lead to a tightening of monetary policy and, consequently, a worsening of economic conditions.

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The Dollar Is Set To Retrace Ahead Of The Fed And ECB Meetings Next Week | Daily Market

Key events:       Eurozone - ECB President Lagarde Speaks      USA - Core PCE Price Index (MoM) (Dec)   USA - Pending Home Sales (MoM) (Dec)   The dollar gained against all currencies of the Big Ten yesterday amid the published economic data. The strengthening of the dollar coincided with the growth of risk appetite in Europe and the U.S. In this case, the yield on 2-year U.S. Treasury notes interrupted a two-day decline and rose Thursday to 4.18%, and the yield on 10-year bonds rose 5 bps to 3.49%.

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Europe to Open Higher After U.S. Strong Performance Last Week | Daily Market Analysis

Key events:       Eurozone – ECB President Lagarde Speaks     After two weeks of strong gains, European markets returned some of the momenta from earlier this year with a subdued pullback last week, with some suggesting that we may have seen highs in the short term, similar to what we saw last year. In the U.S. markets, the week was more mixed, with the Dow posting its worst week since early December, while the Nasdaq 100 ended the week higher.

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What to Look Out For This Week: Inflation and Corporate Reports | Daily Market Analysis

Key events:       USA – Fed Chair Powell Speaks      USA – EIA Short-Term Energy Outlook    

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DXY Is Still Weak Ahead Of Fed Meeting | Daily Market Analysis

Key events:       Eurozone – ECB's Supervisory Board Member Jochnick Speaks      UK – NIESR Monthly GDP Tracker USA – Federal Budget Balance (Nov) Canada – BoC Gov Macklem Speaks     

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Dollar Tanks Three-Month Low | Daily Market Analysis

Key events:   Eurozone – ECB's Supervisory Board Member Jochnick Speaks      Eurozone – ECB's De Guindos Speaks     The dollar weakened against all of the Big Ten currencies except the Swiss franc on Thursday. It showed a three-day decline and closed at its lowest level since August 12.  DXY held positions at 105.80 during yesterday's trading session, consolidating after aggressive selling the day before, which resulted in the asset having to retreat to local lows again.

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Fed Changes Rhetoric | Daily Market Analysis

Key events: Eurozone – ECB Publishes Account of Monetary Policy Meeting   Last night the minutes of the November FOMC meeting were published. The main thing - the US regulator made it clear: there is a willingness to slow down the pace of rate hikes.

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How Markets React to the Bank of England Bond-Buying Deadline? | Daily Market Analysis

Key events: US - Core CPI (MoM) (Sep) US - CPI (YoY) (Sep) US - CPI (MoM) (Sep) US - Initial Jobless Claims US - Crude Oil Inventories The dollar weakened yesterday amid uncertainty over the Bank of England's willingness to continue supporting the country's bond market, which has become a key pressure point for the global financial sector.

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