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DAILY MARKET ANALYSIS

Stay on top of your trading with analyses of the latest market news.

16 November 2023
Market Update: Stocks Extend Gains on Positive Inflation Data, Dollar Rebounds Amid Economic Swings

After positive inflation data, stock markets continued their climb, marked by modest gains in the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average. However, despite a notable drop in the producer price index, retail sales declined, painting a mixed …

15 November 2023
Stock Market Soars on CPI Report: Tech Surges, Banks Rally, and Dollar Dips

The stock market witnessed a robust surge buoyed by an optimistic response to the latest US inflation report. Major indices like the Dow Jones, S&P 500, and Nasdaq rallied significantly, with tech stocks, in particular, hitting record highs. The lower-than-expected …

14 November 2023
S&P 500 Holds Steady Amid Cautious Sentiment, USD Retreats Ahead of CPI Data

In Monday’s trading session, the S&P 500 closed with minimal change, while the Nasdaq and Dow Jones showed varied movements. Investors awaited October’s Consumer Price Index (CPI) data, predicting a 3.3% year-over-year growth in inflation. Moody’s highlighted the U.S. fiscal …

14 November 2023
Week Ahead: US CPI, PPI, and Retail Sales Set to Influence US Dollar Movements

This week is anticipated to be one of heightened activity for market participants, with a particular focus on developments within the United States. Noteworthy economic indicators, specifically the Consumer Price Index (CPI), Producer Price Index (PPI), and Retail Sales data, …

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