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Daily market analysis

2 October 2023
Week Ahead: Markets to Focus on US Jobs Report, RBA Rate Statement, and RBNZ Rate Statement

Several key economic releases are expected to impact the financial markets this week. Notably, attention will be on the US Jobs Report, the rate statement from the Reserve Bank of Australia (RBA), and the rate statement from the Reserve Bank …

29 September 2023
Stocks Show Signs of Recovery Amidst Challenging Month as Treasury Yields Ease

On Thursday, the stock market witnessed a rebound as Wall Street aimed to recover from recent losses. The Dow Jones Industrial Average and Nasdaq Composite posted gains of 0.35% and 0.83%, respectively, while the S&P 500 came close to reaching …

28 September 2023
Dow Jones Slips on Oil and Treasury Yields, USD Gains Amid Eurozone Concerns

On Wednesday, the Dow Jones Industrial Average fell by 0.20% as increasing Treasury yields and surging oil prices weighed on investor sentiment, with the S&P 500 approaching a critical support level. The energy sector outperformed, while concerns about inflation and …

27 September 2023
Stock Market Plummets Amidst Legal Woes and Economic Uncertainty

On Tuesday, the stock market experienced a significant decline, with the Dow Jones Industrial Average falling by 388.00 points, marking its worst day since March. The S&P 500 and Nasdaq Composite also saw notable drops, and Amazon’s shares fell 4% …

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