Daily Market Analysis page 11
November 28, 2023
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…
November 27, 2023
Key events:
USA - Building Permits
USA - New Home Sales (Oct)
Eurozone - ECB President Lagarde Speaks
In Friday's holiday-shortened trading session, US stocks experienced marginal changes with low volume and investor caution, particularly focused on the beginning of the seasonal shopping season…
November 24, 2023
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…
November 23, 2023
Key events:
USA - Thanksgiving Day
Wednesday witnessed a rise in Wall Street's primary indices, fueled by optimism that the Federal Reserve had concluded its cycle of interest rate hikes. Despite this positive sentiment, escalating Treasury yields and lackluster earnings reports tempered the…
November 22, 2023
Key events:
UK - Autumn Forecast Statement
USA - Core Durable Goods Orders (MoM) (Oct)
USA - Initial Jobless Claims
USA - Crude Oil Inventories
USA - Michigan Consumer Sentiment (Nov)
Tuesday witnessed a retreat in the US stock markets as investors anxiously anticipated the release of the Federal…
November 21, 2023
Key events:
USA - Existing Home Sales (Oct)
USA - Existing Home Sales
USA - FOMC Meeting Minutes
During Monday's evening trading, US stock futures exhibited limited movement, maintaining a narrow range after modest gains in major benchmark indices. Lower yields contributed to the positive…
November 20, 2023
Key events:
USA - Existing Home Sales
USA - Existing Home Sales (Oct)
USA - FOMC Meeting Minutes
Global stocks held steady near two-month highs on Friday, and Treasury yields briefly touched two-month lows as investors maintained the belief that US interest rates have reached their peak and could…
November 17, 2023
Key events:
Eurozone - CPI (YoY) (Oct)
USA - Building Permits (Oct)
On Thursday, US stocks experienced a decline, driven by a downturn in Walmart and concerns about the economy amidst a series of economic data that mostly fell below expectations. The Dow Jones Industrial Average saw a decrease…
November 16, 2023
Key events:
USA - Initial Jobless Claims
USA - Philadelphia Fed Manufacturing Index (Nov)
The Dow Jones Industrial Average is on an upward trajectory for the fourth consecutive session this Wednesday, buoyed by positive October releases from the Producer Price Index (PPI) and US Retail Sales.…
November 15, 2023
Key events:
Japan – GDP (QoQ) (Q3)
UK – CPI (YoY) (Oct)
USA – Core Retail Sales (MoM) (Oct)
USA – PPI (MoM) (Oct)
USA – Retail Sales (MoM) (Oct)
USA – Crude Oil Inventories
On Tuesday, the Dow Jones Industrial Average experienced an uptick, closing higher by 489 points or 1.4%. This positive…
November 14, 2023
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…
November 13, 2023
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…