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The FXGT Blog
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Stocks
15 May 2024
US Inflation Meets Expectations While Retail Sales Stagnate
In April, US inflation as indicated by the Consumer Price Index (CPI) softened to 3.4% year-over-year, aligning with market forecasts, and marking a slight decrease from ...
15 May 2024
Focus Shifts to CPI Report Following Powell's Commentary on Mixed PPI Data
Major U.S. indexes advanced reaching very near to their all-time highs. This upward movement was fuelled by reassurance from Federal Reserve Chair Jerome Powell, who hint...
13 May 2024
The week ahead – All Eyes on US Inflation Data
U.S. inflation metrics take the spotlight for the upcoming week, with the Producer Price Index (PPI) due Tuesday and the Consumer Price Index (CPI) on Wednesday. A modera...
13 May 2024
Weekly Market Recap – U.S. Labor Market Shows Signs of Weakening as Unemployment Claims Hit 8-Month High
U.S. stock indexes continued their upward trend for the third consecutive week, with the Dow Jones Industrial Average increasing by approximately 2%, the S&P 500 by 1.6%,...
10 May 2024
U.S. Stocks Surge as Jobless Claims Rise, Increasing Odds of Fed Rate Cuts
The Dow extended its gains for the seventh consecutive day, climbing by 0.90% on Thursday, to reach a new 5-week high. This rally is the most significant since December, ...
29 April 2024
The week ahead – All Eyes on FED Meeting & Non-Farm Payrolls
With the Federal Reserve's next meeting scheduled for Tuesday and Wednesday, all eyes will be on any signals regarding future monetary policy adjustments. The focus will ...
29 April 2024
Weekly Market Recap – US Stocks Recover Driven by Strong Earnings from Technology Companies.
US Stocks experienced notable gains this week, ending a three-week losing streak, largely driven by strong earnings from technology companies. Tesla, Microsoft, and Alpha...
22 April 2024
The week ahead – All Eyes on U.S. GDP & PCE Price Index.
The spotlight next week will be on U.S. GDP for Q1, the core PCE index, and preliminary S&P Global PMIs. Recent strong U.S. data have reduced expectations for Federal Res...
22 April 2024
Weekly Market Recap - Hawkish Fed Remarks & Increased Geopolitical Tensions Drive US Stocks Downward
The S&P 500 had its worst week in over a year, falling below 5,000 points due to strong economic data and hawkish Federal Reserve remarks, leading to revised expectations...
16 April 2024
Bearish Sentiment Dominates US Stocks as US30 Index Below Key Resistance Levels
Corrective Phase: The index has entered a corrective phase after hitting record highs of 40,000, indicated by a daily reversal pattern coinciding with the break below the...
15 April 2024
The week ahead – All Eyes on Inflation data from the UK, Canada, Japan & New Zealand
Middle East Conflict: Continued conflict between Israel and Iran following Saturday’s escalation will likely affect global market sentiments, keeping traders vigilant on ...
15 April 2024
Weekly Market Recap - U.S. Stocks adjust to the reality of persistent inflation
U.S. stocks experienced their second consecutive week of declines, as the market adjusted to the reality of persistent inflation. As a result, the Dow Jones Industrial Av...
11 April 2024
CPI Report Triggers Decline in U.S. Stock Markets
The Consumer Price Index (CPI) for March exceeded forecasts, climbing 0.4% from the previous month, which surpassed the anticipated 0.3% rise.
8 April 2024
The week ahead – All Eyes on US Inflation data
Attention shifts to the headline US CPI report. A decrease in inflation is necessary for any chance of a Fed rate cut in June. However, given the less volatile nature of ...
8 April 2024
Weekly Market Recap - U.S. Stock Indexes End Winning Streak
The Dow Jones Industrial Average fell by 2.17%, the S&P 500 by 0.78%, and the Nasdaq 100 by 0.72%, ending their two-week winning streak. The decline was largely attribute...
2 April 2024
Dow and S&P 500 Dip Amid Interest Rate Cut Speculation
The Dow and S&P 500 experienced downturns, partly due to investor concerns over the timing of Federal Reserve interest rate cuts.