Fedwatch page 2
Record Highs on Wall Street Amid Inflation Slowdown: Market Optimism Sparks Rate Cut Speculation | Daily Market Analysis
Key events: Japan - GDP (QoQ) (Q1) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (May) On Wednesday, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all reached new record highs, buoyed by a more significant-than-expected slowdown in consumer inflation, fueling optimism for potential rate adjustments and driving Treasury yields lower.
US Stocks Open Week with Gains Amidst Rate Cut Optimism | Daily Market Analysis
Key events: Australia - Retail Sales (MoM) Australia - RBA Interest Rate Decision (May) USA - FOMC Member Kashkari Speaks US stocks opened the week with gains on Monday, buoyed by renewed optimism for a Federal Reserve interest rate cut in September following a disappointing April jobs report.
Market Surge Fueled by Tech Rally and Rate Cut Speculation; Apple Leads Gains | Daily Market Analysis
Key events: Eurozone - HCOB Eurozone Services PMI (Apr) Switzerland - SNB Board Member Jordan Speaks USA - FOMC Member Williams Speaks The S&P 500 experienced a robust surge on Friday, driven by a notable uptick in tech stocks led by Apple. This rally coincided with the release of data indicating that job gains in April fell short of expectations, fueling speculation that the Federal Reserve might initiate interest rate cuts sooner rather than later.
Wall Street Banks' Earnings Fuel Dow's Friday Plunge While Gold Rises Amid Middle East Tensions | Daily Market Analysis
Key events:
S&P 500 Ends Flat Amid Caution While Gold Enters Bullish Consolidation Phase | Daily Market Analysis
Key events: USA - FOMC Member Kashkari Speaks UK - BRC Retail Sales Monitor (YoY) (Mar) The S&P 500 ended the day flat on Monday, experiencing swings between gains and losses as cautious trading prevailed ahead of the latest inflation data and the start of the first-quarter earnings season later in the week. The Dow Jones Industrial Average slipped by 11 points, or 0.03%, while the S&P 500 edged down by 2 points, or 0.04%. Conversely, the NASDAQ Composite rose by 5 points, or 0.03%.
S&P 500 Trims Gains on Weakening Consumer Confidence; Fed Commentary and Inflation Report Awaited | Daily Market Analysis
Key events: USA - Crude Oil Inventories The S&P 500 saw its gains trimmed on Tuesday as investors processed news of a decline in US consumer confidence, marking its lowest level since November. This development preceded further commentary from Federal Reserve officials and an upcoming key inflation report later in the week. The Dow Jones Industrial Average slipped by 31 points, or 0.2%, while the S&P 500 and NASDAQ Composite both experienced a 0.2% and 0.4% decline, respectively.
Fed's Rate Cut Projections Boost Stocks, Gold Holds Firm Amid Geopolitical Tensions | Daily Market Analysis
Key events:
Markets Navigate Weekly Volatility: Equities, Gold, Forex, and Bitcoin ETFs Await Key Developments | Daily Market Analysis
Key events: USA - FOMC Member Bostic Speaks US stock indices experienced a volatile session on Friday, ultimately closing with slight gains. However, these modest increases were insufficient to prevent the S&P 500 and Nasdaq Composite from commencing 2024 with their most significant weekly declines in months. All three major benchmarks marked their first weekly downturns in ten weeks, with the S&P 500 decreasing by 1.54%, the Nasdaq Composite slumping by 3.26%, and the Dow Jones Industrial Average dipping by 0.59%.