spin to win a prize!
Don't miss our exciting new year promo!
Reserve Bank of Australia page 2
S&P 500 Edges Higher as Investors Anticipate Tech Earnings and Fed Meeting | Daily Market Analysis
Key events: USA - CB Consumer Confidence (Jul) USA - JOLTs Job Openings (Jun) The S&P 500 closed higher on Monday in anticipation of upcoming tech earnings and the Federal Reserve meeting later this week. The S&P 500 had risen 0.1%, the NASDAQ Composite also increased by 0.1%, while the Dow Jones Industrial Average dropped by 49 points, or 0.1%.
Dow Records Best Day in Over a Year, Reaches New High Amid Positive Earnings and Retail Data | Daily Market Analysis
Key events: UK - CPI (YoY) (Jun) Eurozone - CPI (YoY) (Jun) USA - Crude Oil Inventories The Dow had its best day in over a year on Tuesday, closing at fresh record highs, buoyed by better-than-expected retail sales data and a series of mostly positive quarterly earnings reports.
Volatile Dow Jones Fluctuates Amid Strong Job Data and Rate Cut Hopes | Daily Market Analysis
Key events: USA - NY Fed 1-Year Consumer Inflation Expectations UK - MPC Member Haskel Speaks USA - Consumer Credit (May) On Friday, the Dow Jones Industrial Average experienced notable fluctuations, hovering around the 39,300 level. This volatility was driven by US nonfarm payrolls data, which reignited hopes for potential rate cuts. Despite the broader US equity market climbing on renewed expectations of a Federal Reserve rate reduction, the Dow Jones remained stuck in a technical consolidation phase.
European Shares Surge Amid Hopes for US Rate Cuts and UK Election Buzz | Daily Market Analysis
Key events: USA - Average Hourly Earnings (MoM) (Jun) USA - Nonfarm Payrolls (Jun) USA - Unemployment Rate (Jun) USA - Fed Monetary Policy Report European shares rose on Thursday, driven by hopes for potential US interest rate cuts following weak economic data. Simultaneously, London's markets surged as voting commenced in the UK general election, with polls indicating a historic Labour Party victory.
Tech Sector Boosts S&P 500 as Amazon Hits $2 Trillion Market Cap | Daily Market Analysis
Key events: UK - BoE Gov Bailey Speaks Eurozone - ECB's Elderson Speaks USA - Durable Goods Orders (MoM) (May) USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims The S&P 500 closed slightly higher on Wednesday, buoyed by a record surge in Amazon, which lifted the tech sector ahead of upcoming inflation data. The S&P 500 rose by 0.1%, while the NASDAQ Composite increased by 0.5%. The Dow Jones Industrial Average climbed 16 points, or 0.04%.
Tech Surge Lifts Nasdaq Amid Inflation Watch, Dollar Strengthens on Fed Remarks | Daily Market Analysis
Key events: Eurozone - ECB's Lane Speaks USA - Building Permits USA - New Home Sales (May) USA - Crude Oil Inventories On Tuesday, the Nasdaq surged 1%, bolstered by robust performances from Nvidia and other tech giants, while the Dow faced pressure from retail stocks. Investor focus centered on this week's pivotal inflation data, which could shape future US monetary policy decisions.
S&P 500 Hits Record 5,500 Before Nvidia's Decline Spurs Tech Sector Pullback | Daily Market Analysis
Key events: USA - S&P Global US Manufacturing PMI (Jun) USA - S&P Global Services PMI (Jun) USA - Existing Home Sales (May) USA - Fed Monetary Policy Report The S&P 500 dipped after briefly surpassing the 5,500 milestone for the first time ever on Thursday, as Nvidia's decline dragged the broader tech sector down. The S&P 500 dropped 0.4% after hitting a record high of 5,505.23. The NASDAQ Composite decreased by 1%, while the Dow Jones Industrial Average rose by 253 points, or 0.7%.
US Stock Futures Edge Higher Amid Low Holiday Volumes; Key Inflation Data in Focus | Daily Market Analysis
Key events: USA - FOMC Member Bowman Speaks USA - FOMC Member Mester Speaks USA - FOMC Member Kashkari Speaks USA - CB Consumer Confidence (May) USA - FOMC Member Daly Speaks US stock index futures saw a slight rise in evening trading on Monday, with the market's attention focused on upcoming key inflation data that could provide more insights on interest rates.
Markets Rally with Record Highs as Investors Eye Key Earnings and Inflation Data | Daily Market Analysis
Key events: New Zealand - RBNZ Interest Rate Decision UK - CPI (YoY) (Apr) USA - Existing Home Sales (Apr) USA - Crude Oil Inventories USA - FOMC Meeting Minutes The S&P 500 and Nasdaq reached record highs on Tuesday, as investors capitalized on a dip in tech stocks ahead of Nvidia's highly anticipated earnings report due Wednesday. The Dow Jones Industrial Average climbed 66 points, or 0.2%, while the S&P 500 increased by 0.3%, and the Nasdaq Composite rose by 0.2%.
Wall Street Holds Steady Amid Inflation Anticipation; USD Strengthens as BoJ, RBA Signal Shifts | Daily Market Analysis
Key events: UK - Unemployment Rate (Mar) UK - BoE MPC Member Pill Speaks USA - PPI (MoM) (Apr) USA - Fed Chair Powell Speaks Monday saw the S&P 500 holding steady as investors braced for a pivotal inflation report slated for later in the week, a factor poised to influence the Federal Reserve's monetary policy stance.