Markets Nervous Amid Economic Data Releases, Political Uncertainty, and Global Meetings | Daily Market Analysis
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 Monday as investors braced for a series of significant economic data releases that could influence the future trajectory of Federal Reserve interest rate policies.
Wall Street Soars as Tech and Growth Stocks Shine, with Eyes on Inflation and Earnings | Daily Market Analysis
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 and other economic data. The tech-heavy Nasdaq Composite witnessed its most significant one-day percentage increase since May 26, showcasing the strength of the tech sector.
Markets Await Fed Insights, RBA Raises Rates, and Tesla's EV Ambitions | Daily Market Analysis
Key events: Australia- RBA Interest Rate Decision (Nov) Eurozone - ECB's De Guindos Speaks Eurozone - ECB McCaul Speaks USA - FOMC Member Kashkari Speaks USA - Fed Waller Speaks Canada - BoC Deputy Gov Kozicki Speaks USA - FOMC Member Williams Speaks On Monday, Wall Street's primary indices made modest gains as investors prepared for insights from various policymakers later in the week, shedding light on the Federal Reserve's potential rate cuts in the coming year.
Dow Soars on Weak Jobs Report, Gold and RBA Rate Hike Expectations | Daily Market Analysis
Key events: Canada - Ivey PMI (Oct) UK - BoE MPC Member Pill Speaks The Dow concluded the week on a high note, achieving its most substantial weekly gain of the year, largely driven by a weaker-than-expected jobs report that fueled optimism about the Federal Reserve's rate hike intentions, causing Treasury yields to plummet. The Dow Jones Industrial Average saw a 222-point or 0.7% increase, while the S&P 500 experienced a 0.9% rise, and the NASDAQ Composite surged by 1.4%.
Markets Rebound Despite Israel's Gaza Incursion; Earnings Updates and Central Bank Decisions in Focus | Daily Market Analysis
Key events: China - Manufacturing PMI (Oct) Eurozone - CPI (YoY) (Oct) USA - CB Consumer Confidence (Oct) Despite Israel's initial steps into Gaza, European markets have had a positive start to the week. The limited and gradual nature of these actions seems to be easing concerns about potential escalations leading to a new front opening on Israel's northern border with Lebanon and Hezbollah.
Fluctuating Wall Street Indices, Rising Energy Stocks, and Monetary Anticipation | Daily Market Analysis
Key events: Eurozone - CPI (YoY) (Aug) USA - Building Permits (Aug) On Monday, the primary stock market indices on Wall Street experienced fluctuating movements, with energy stocks tracking the rising prices of crude oil. Investors were also in anticipation of the Federal Reserve's upcoming interest rate decision. Among the sectors in the S&P 500, energy emerged as the top gainer, advancing by 1.1%, reflecting the firming of crude oil prices, which approached the $95-per-barrel threshold due to supply constraints.
US Stock Futures Hold Steady Amid Positive Week and Holiday Closure, Fed Rate Pause Expectations | Daily Market Analysis
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Cautious Optimism Prevails Amid Economic Surges and Central Bank Vigilance | Daily Market Analysis
Key events: Japan - GDP (QoQ) (Q2) USA - Core Retail Sales (MoM) (Jul) USA - Retail Sales (MoM) (Jul) European markets embarked on a cautiously optimistic note at the onset of the week, aiming to rebound from two weeks of declines, despite lingering concerns about the Chinese real estate sector's impact on the FTSE100.
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.