OPEC

Global Markets Respond to US Jobs Data, Fed Rate Cut Anticipation, and Election Uncertainty | Daily Market Analysis

Key events: Eurozone - Eurogroup Meetings Eurozone - ECB's Elderson Speaks New Zealand - RBNZ Financial Stability Report The Dow Jones Industrial Average rose by nearly 300 points, or 0.71%, on Friday, driven by weaker-than-expected economic data that strengthened investor expectations for more easing from the Federal Reserve. Wall Street reversed course after Thursday's losses, staging a strong rally ahead of the weekend.

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Stock Market Surges to Record Highs as Earnings Season Kicks Off, Forex Faces Dollar Strength and Global Uncertainty | Daily Market Analysis

Key events: USA - OPEC Monthly Report USA - FOMC Member Kashkari Speaks USA - Fed Waller Speaks On Friday, the Dow Jones and S&P 500 closed at record highs, with the latter surpassing the 5,800 mark for the first time, buoyed by JPMorgan’s strong earnings performance. The S&P 500 rose 0.4% to close at 5,814.75, while the NASDAQ Composite added 0.3%, and the Dow surged 409 points, or 1%, ending the day at a new high of 42,863.86.

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Record S&P 500 Close Boosted by Broadcom Surge Amid Rate Cut Bets and Inflation Slowdown | Daily Market Analysis

Key events: Japan - BoJ Interest Rate Decision USA - Fed Monetary Policy Report USA - Michigan Consumer Sentiment The S&P 500 achieved a new record close on Thursday, spurred by a significant rise in Broadcom, which boosted semiconductor stocks, and buoyed by growing expectations of rate cuts this year amid indications of easing inflation. The S&P 500 rose by 0.2% to a record high of 5,432.40, while the NASDAQ Composite advanced 0.3%. Conversely, the Dow Jones Industrial Average declined by 65 points, or 0.2%.

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Tech Stocks Drive S&P 500 and Nasdaq to New Records Amid Federal Reserve Anticipation and Inflation Data | Daily Market Analysis

Key events: UK - Employment Change 3M/3M (MoM) (Apr) UK - Unemployment Rate (Apr) Eurozone - ECB's Lane Speaks USA - 10-Year Note Auction The S&P 500 and Nasdaq closed at new record highs on Monday, as the technology sector led the charge just before the Federal Reserve's interest rate decision and upcoming inflation data. The S&P 500 increased by 0.3% to reach a record 5,362.70, while the NASDAQ Composite climbed 0.4%, and the Dow Jones Industrial Average added 69 points, or 0.2%.

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​​​​​​​Dow Drops on Energy Stock Slump; Manufacturing Data Signals Economic Slowdown | Daily Market Analysis

Key events: USA - JOLTs Job Openings (Apr) The Dow closed lower on Monday, driven by a decline in energy stocks due to falling oil prices and weaker manufacturing data indicating a slowing economy. The 30-stock Dow Jones Industrial Average fell by 115 points, or 0.5%, although it ended well above its session lows as dip-buyers emerged late in the day. In contrast, the benchmark S&P 500 gained 0.2%, and the tech-heavy Nasdaq Composite increased by 0.6%.

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Dow and S&P 500 Hit Record Highs Amid Optimism; Fed Remarks Fuel Investor Caution  | Daily Market Analysis

Key events: USA - Core PCE Price Index (MoM) (Feb) USA - Core PCE Price Index (YoY) (Feb) USA - Fed Chair Powell Speaks On Thursday, both the Dow and S&P 500 surged to new record highs, marking their strongest first-quarter performance since 2009. This upward momentum extended beyond the tech sector, driven by optimism surrounding potential rate cuts and encouraging economic data suggesting a soft landing for the economy.

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Dow's Monday Decline, OPEC+ Caution, and Economic Cues Set the Tone for a Dynamic Trading Week | Daily Market Analysis

Key events: Australia - Retail Sales (MoM) (Oct) USA - CB Consumer Confidence (Nov) USA - Fed Waller Speaks USA - FOMC Member Bowman Speaks Eurozone - ECB President Lagarde Speaks UK - MPC Member Haskel Speaks On Monday, the Dow experienced a decline in a subdued market, with investors hesitating to make significant stock investments pending upcoming catalysts, notably key economic data scheduled for later in the week.

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Mixed European Markets Amid OPEC+ Announcement and Credit Suisse Fallout | Daily Market Analysis

Key events:        

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