Daily Market Analysis page 5

Key events: Eurozone - ECB's Elderson Speaks USA - Core Durable Goods Orders (MoM) (Jan) USA - CB Consumer Confidence (Feb) The S&P 500 achieved a fresh record high of 5,088 last week, propelled by Nvidia's impressive quarterly report. Earlier on Friday, the index reached 5,111, establishing…

Key events: Eurozone - German GDP (QoQ) (Q4) Eurozone - ECB's Schnabel Speaks Eurozone - ECB's Supervisory Board Member Jochnick Speaks Investors propelled the S&P 500 and Dow Jones Industrial Average to historic closing highs on Thursday, driven by a surge in interest in growth and…

Key events: Eurozone - CPI (YoY) (Jan) USA - Initial Jobless Claims USA - S&P Global US Manufacturing PMI (Feb) USA - S&P Global Services PMI (Feb) USA - Existing Home Sales (Jan)                USA - Crude Oil Inventories The Dow recorded gains in Wednesday's session, experiencing a late…

Key events: USA - FOMC Member Bostic Speaks USA - FOMC Member Bowman Speaks USA - FOMC Meeting Minutes On Tuesday, the Dow experienced a decline as investor caution grew regarding Nvidia's upcoming quarterly results and the release of the Federal Reserve's January meeting minutes later in the…

Key events: UK - BoE Gov Bailey Speaks UK - BoE MPC Member Broadbent Speaks Canada - CPI (MoM) (Jan) On Monday, the dollar made slight gains, extending its five-week rise fueled by robust inflation data, while the yen hovered around the psychologically significant 150 level. US markets remained…

Key events: USA - Washington's Birthday Australia - RBA Meeting Minutes On Friday, US stocks experienced a decline, particularly the Nasdaq, as a hotter-than-expected producer prices report diminished hopes for immediate interest rate cuts by the Federal Reserve. The Labor Department's report…

Key events: UK - Retail Sales (YoY) (Jan) USA - Michigan Consumer Sentiment USA - PPI (MoM) (Jan) USA - FOMC Member Daly Speaks On Thursday, US stocks experienced an upward surge, supported by a notable rise in energy stocks, counterbalancing a decline in the technology sector led by Apple, and…

Key events: UK - GDP (MoM) (Dec) UK - GDP (YoY) (Q4) USA - Core Retail Sales (MoM) (Jan) USA - Initial Jobless Claims USA - Philadelphia Fed Manufacturing Index (Feb) USA - Retail Sales (MoM) (Jan) The Dow concluded Wednesday on a positive note, witnessing a rebound as investors seized the…

Key events: UK - CPI (YoY) (Jan) USA - Crude Oil Inventories Japan - GDP (QoQ) (Q4) On Tuesday, the Dow experienced a substantial decline, marking its most significant daily loss since March 2023. This downturn was triggered by a surge in Treasury yields, propelled by an inflation report that…

Key events: UK - Claimant Count Change (Jan) UK - Employment Change 3M/3M (MoM) (Dec) UK - Unemployment Rate (Dec) USA - Core CPI (MoM) (Jan) USA - CPI (MoM) (Jan) USA - CPI (YoY) (Jan) On Monday, the Nasdaq experienced a decline in the afternoon, briefly surpassing its previous record closing…

Key events: Eurozone - ECB's Lane Speaks USA - FOMC Member Bowman Speaks UK - BoE Gov Bailey Speaks USA - FOMC Member Kashkari Speaks On Friday, the S&P 500 achieved a historic milestone by closing above 5,000 for the first time, while the Nasdaq briefly touched 16,000. Megacaps and chip…

Key events: Eurozone - German CPI (MoM) (Jan) Canada - Employment Change (Jan) Canada - Unemployment Rate (Jan) The S&P 500 achieved a record high for the second consecutive Thursday, briefly touching an unprecedented 5,000 level just before closing. The surge in Disney and ARM contributed to…