Fed's Rhetoric
S&P 500 Starts Second Quarter Cautiously Amid Surge in Treasury Yields while Tech Giants See Gains | Daily Market Analysis
Key events: USA - JOLTs Job Openings (Feb) USA - FOMC Member Bowman Speaks USA - FOMC Member Williams Speaks USA - FOMC Member Mester Speaks USA - FOMC Member Daly Speaks The second quarter kicked off with a hesitant start for the S&P 500 on Monday, as soaring Treasury yields tempered bullish sentiment following a surprising uptick in manufacturing activity, highlighting the robustness of the economy and dampening expectations for imminent Federal Reserve rate cuts.
Wall Street's Rollercoaster Ride: Fed, Yields, and Gold Amidst Market Uncertainty | Daily Market Analysis
Key events: Eurozone -ECB's Lane Speaks UK - BoE Gov Bailey Speaks USA - Fed Chair Powell Speaks USA - FOMC Member Williams Speaks On Tuesday, Wall Street's primary indices embarked on an upward trajectory after a somewhat turbulent start to the session. The decline in US Treasury yields supported mega-cap growth stocks, while investors eagerly anticipated further statements from Federal Reserve officials to gauge the direction of interest rates.
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's Modest Gain Amid Yield Surge, Bank Earnings, and Global Economic Data | Daily Market Analysis
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Mixed Market Signals: US Stock Futures Stabilize, Forex Rates Range-Bound, Gold Edges Up Slightly | Daily Market Analysis
Key events: UK - CPI (YoY) (Aug) USA - Crude Oil Inventories USA - FOMC Economic Projections USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference During Tuesday's evening trading, US stock futures remained in a narrow range, following a negative session for major benchmark averages as bond yields continued to rise in anticipation of the Federal Reserve's imminent interest rate decision.
Global Growth Concerns and Central Bank Actions Impact Stocks, Euro Gains Momentum | Daily Market Analysis
Key events: Eurozone - ECB McCaul Speaks Eurozone - ECB President Lagarde Speaks US stocks are declining as the global growth forecast continues to worsen due to weak global PMI readings. The risk of a severe economic downturn is higher for Europe compared to the US, which could maintain support for the dollar in the short term.
S&P 500 and Nasdaq Hit 14-Month Highs, ECB Signals Rate Hike, BoJ Maintains Policy | Daily Market Analysis
Key events: Japan - BoJ Press Conference Eurozone - CPI (YoY) (May) USA - Michigan Consumer Sentiment (Jun) USA - Fed Waller Speaks On Thursday, the S&P 500 and Nasdaq reached their highest levels in 14 months, propelled by positive economic data that suggested the US Federal Reserve is approaching the conclusion of its aggressive interest-rate hike campaign. This news delighted investors, leading to a surge in the stock market.
US Retail Sales Drop 1% as Fed Predicts More Rate Hikes | Daily Market Analysis
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Busy Week for Investors: CPI, Earnings & Fed Minutes
Key events: USA – EIA Short-Term Energy Outlook This week, investors have a lot of economic data to consider, including the upcoming release of March's consumer price index and producer price index on Wednesday and Thursday, respectively. Based on these reports, it will become clearer whether the Fed will continue raising interest rates or halt its campaign. Although most investors expect the Fed to continue tightening its monetary policy, the possibility of a pause should not be dismissed.