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Global Markets Navigate Uncertainty: US Stocks Retreat, Gold Faces Challenges, and Currencies Respond Amidst Shifting Economic Dynamics | Daily Market Analysis

Key events: USA - ADP Nonfarm Employment Change (Dec) USA - Initial Jobless Claims USA - S&P Global Services PMI (Dec) USA - Crude Oil Inventories The US stock indices concluded the second trading session of the year with additional declines, driven by extended profit-taking on Wednesday. This downturn followed a robust finish to 2023, and despite the release of minutes from the Federal Reserve's December meeting, the markets remained subdued.

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US Stocks Retreat Amid Global Easing Speculations, Tesla Faces China Challenge, and Currency Trends Signal Economic Concerns | Daily Market Analysis

Key events: USA - ISM Manufacturing PMI (Dec) USA - ISM Manufacturing Prices (Dec) USA - JOLTs Job Openings (Nov) USA - FOMC Meeting Minutes On Tuesday, US stocks experienced a retreat, relinquishing a portion of the substantial gains from the previous year, as investors anxiously awaited the release of crucial economic data to validate the anticipated trajectory of lower interest rates in the current year.

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

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Global Markets Navigate Post-Thanksgiving Caution Amidst Geopolitical Developments and Economic Indicators | Daily Market Analysis

Key events: Eurozone - German GDP (QoQ) (Q3) Eurozone - ECB President Lagarde Speaks Canada - Retail Sales (MoM) (Sep) USA - S&P Global Services PMI (Nov) Post-Thanksgiving, a sense of caution is prevalent in the markets as investors show reluctance to make significant moves, anticipating a day of narrow-range trading. The recently declared four-day truce between Israel and Hamas starting on Friday may contribute to a more positive market sentiment.

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Markets Await Rate Decision As Inflation Concerns Persist Despite Manufacturing Contraction | Daily Market Analysis

Key events: Australia - RBA Interest Rate Decision (May) Australia - RBA Rate Statement UK - Manufacturing PMI (Apr) Eurozone - CPI (YoY) (Apr) USA - JOLTs Job Openings (Mar) US markets ended the first day of May mostly unchanged as European markets were closed. However, the Nasdaq 100 had its best monthly close in a year, and the S&P 500 almost reached its highest point for the year.

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Stock Market Up Despite Bank Collapse - Fed, ECB Meetings in Focus | Daily Market Analysis

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European Markets Volatile as Economic Concerns and Interest Rate Uncertainty Heighten Anxiety | Daily Market Analysis

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NFP Beats Forecasts Suggesting Overly Optimistic Sentiment | Daily Market Analysis

Key events: UK - Composite PMI (Nov)   UK - Services PMI (Nov)   USA - ISM Non-Manufacturing PMI (Nov)  

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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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The Week Ahead: FOMC Minutes and UK & Eurozone PMIs | Daily Market Analysis

Key events: UK – BoE MPC Member Cunliffe Speaks      USA – 2-Year Note Auction   USA – 5-Year Note Auction   New Zealand – Trade Balance (MoM) (Oct) New Zealand – Trade Balance (YoY) (Oct)   Apart from the opening of the World Cup in Qatar and the start of the "Turkish operation" against the Kurdish militia in Syria, the weekend was rather quiet.  Another working week. What to expect?

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