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    DAILY MARKET ANALYSIS

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

    15 May 2023
    Week Ahead: Markets to Focus on US Retail Sales and Australia Wage Price and Employment Change

    The financial industry anticipates major economic reports this week, focusing on the US Retail Sales and Australia Wage Price Index and Employment Change. These reports are crucial for traders navigating the markets and making informed decisions. NY Empire State Manufacturing …

    12 May 2023
    US Stock Futures Stable as Elon Musk Steps Down as Twitter CEO; Dow Jones Faces Fourth Consecutive Loss

    US stock futures remained relatively stable on Thursday night, with the Dow Jones Industrial Average futures up 0.08%, while the S&P 500 and Nasdaq 100 futures increased by 0.12%. Elon Musk announced he would be stepping down as the CEO …

    11 May 2023
    Nasdaq Rises on Tame Inflation Report, Treasury Yields Fall

    The Nasdaq Composite closed higher as investors turned to tech stocks following a relatively modest inflation report. The tech-heavy index gained 1.04% to reach a closing value of 12,306.44, while the S&P 500 added 0.45% to close at 4,137.64. In …

    10 May 2023
    Stocks Slip as Investors Await Inflation Data and Debt Limit Progress

    Stocks closed lower on Tuesday as investors prepared for upcoming inflation reports and monitored progress on the U.S. debt limit. The S&P 500 and the Nasdaq Composite experienced declines of 0.46% and 0.6% respectively, while the Dow Jones Industrial Average …

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