/daily-market-analysis/page/79/

    DAILY MARKET ANALYSIS

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

    28 August 2023
    Week Ahead: All Eyes on Australia’s CPI, US Core PCE Price Index, and US Jobs Report

    This week, keep a close watch on Australia’s Consumer Price Index (CPI), the US Core Personal Consumption Expenditure (PCE) Price Index, and the US Jobs Report. These indicators could substantially impact market sentiment, amplifying the need for traders to exercise …

    25 August 2023
    Tech Rally Fizzles as Stocks Tumble Amidst Fed Chairman’s Speech Anticipation

    In a dramatic turn of events, the stock market experienced a sharp decline following a brief surge triggered by Nvidia’s impressive quarterly results. As the tech rally faded, investors also braced themselves for a significant address from Federal Reserve Chairman …

    24 August 2023
    Stocks Rise on Nvidia Earnings Anticipation and Yield Decline, Athletic Apparel Struggles

    Stocks closed higher on Wednesday as investors awaited Nvidia’s latest quarterly earnings report, with the company being a top performer in the S&P 500 due to its association with the artificial intelligence trend. The Dow Jones Industrial Average rose by …

    23 August 2023
    Market Slide Fueled by Yield Concerns and Fed Anticipation: Powell’s Speech Awaited

    The S&P 500 experienced a 0.3% decline driven by concerns over rising Treasury yields and upcoming remarks from Federal Reserve Chairman Jerome Powell. The decline was also impacted by a drop in banking and retail shares. The Dow Jones Industrial …

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