ECB

S&P 500 Ends Winning Streak Amid Jobs Report; Fed Rate Cut Expectations Adjusted | Daily Market Analysis

Key events: USA - NY Fed 1-Year Consumer Inflation Expectations Switzerland - SNB Chairman Thomas Jordan speaks Despite a robust rally on Friday, the S&P 500 snapped a two-week winning streak as a stronger-than-expected jobs report failed to catalyze a significant increase in wages, instilling hope for a gentle economic transition.

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​​​​​​​Global Markets React to Powell's Rate Cut Signals: US Stocks Soar, Currencies Fluctuate, and BoJ's Policy Shift Boosts Japanese Yen | Daily Market Analysis

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Markets Reach Record Highs, Boeing's Acquisition Talks, and Central Banks Take Center Stage | Daily Market Analysis

Key events:  Australia - Building Approvals USA - FOMC Member Harker Speaks The week concluded with the S&P 500 and Nasdaq achieving record closes, propelled by a decline in Treasury yields and a surge in chip stocks led by Nvidia. Tech sector quarterly results continue to reflect a growing demand for artificial intelligence.

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Surge in S&P 500 and Dow Jones to Historic Highs Fueled by Tech Stocks, Nvidia's Impressive Earnings | Daily Market Analysis

Key events: Eurozone - German GDP (QoQ) (Q4) Eurozone - ECB's Schnabel Speaks Eurozone - ECB's Supervisory Board Member Jochnick Speaks Investors propelled the S&P 500 and Dow Jones Industrial Average to historic closing highs on Thursday, driven by a surge in interest in growth and technology stocks. This came on the heels of Nvidia (NASDAQ: NVDA), a prominent figure in artificial intelligence, reporting impressive earnings and providing an optimistic outlook.

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Dow Plummets on Inflation Surge: US Markets React to Record Loss Amidst Soaring Treasury Yields and Economic Uncertainties | Daily Market Analysis

Key events: UK - CPI (YoY) (Jan) USA - Crude Oil Inventories Japan - GDP (QoQ) (Q4) On Tuesday, the Dow experienced a substantial decline, marking its most significant daily loss since March 2023. This downturn was triggered by a surge in Treasury yields, propelled by an inflation report that exceeded expectations. The report dampened hopes for an earlier and more aggressive Federal Reserve rate-cutting cycle.

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Markets Navigate Record Highs, Tech Surges and Economic Signals | Daily Market Analysis

Key events: USA - Core PCE Price Index (MoM) (Dec) USA - Core PCE Price Index (YoY) (Dec) The S&P 500 achieved consecutive record closes for the fifth day, with positive corporate earnings and optimistic economic growth offsetting concerns about inflation, leading to a decline in Treasury yields. The Dow Jones Industrial Average rose by 242 points (0.6%), while the S&P 500 reached a record of 4,894.92, closing 0.5% higher. The Nasdaq Composite also ended 0.2% higher.

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Global Markets React to US Stock Decline, Euro's Recovery, and Geopolitical Tensions; Eyes on Bank Earnings and Economic Indicators | Daily Market Analysis

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 indicated a lower opening as Wall Street awaited forthcoming data and bank earnings, seeking insights into the current state of the American consumer.

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​​​​​​​Dow Hits New High, European Markets Soar, and Central Banks' Dilemma | Daily Market Analysis

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Markets React to Dovish Fed Signals, Economic Data, and Central Bank Divergence | Daily Market Analysis

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​​​​​​​Strong Retail Sales Boost US Stocks While ECB Takes Historic Rate Action | Daily Market Analysis

Key events:   USA - Export Price Index (MoM) (Aug)   USA - Import Price Index (MoM) (Aug)   USA - NY Empire State Manufacturing Index (Sep) USA - Industrial Production (MoM) (Aug) USA - Michigan Consumer Sentiment (Sep) On Thursday, US stocks surged as robust retail sales figures defied expectations of a weaker economy, despite a hotter-than-anticipated inflation report.

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