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Daily market analysis

31 July 2023
Week Ahead: Markets to Focus on US Jobs Reports, RBA Rate Statement, and BOE Rate Statement

This week’s economic calendar features key events that will have a considerable impact on the markets. Major events include the US jobs reports, the Reserve Bank of Australia (RBA) rate statement, and the Bank of England (BOE) rate statement. Traders …

28 July 2023
Dow Jones Ends Historic Winning Streak Amid Economic Data and Rate Hike Uncertainty

The Dow Jones Industrial Average’s extraordinary winning streak of 13 consecutive gains came to a halt as investors opted to take profits, leading to a 0.67% decline, with the index closing at 35,282.72 points. The historic run, dating back to …

27 July 2023
Dow Jones Extends Historic Winning Streak Amid Federal Reserve Rate Hike and Earnings Reports

In a remarkable show of strength, the Dow Jones Industrial Average experienced its best winning streak since 1987, advancing for 13 consecutive days. The 30-stock index added 82.05 points, or 0.23%, reaching 35,520.12, and is now on the cusp of …

26 July 2023
Dow Jones Extends Winning Streak Amid Earnings Reports and Fed Speculations

The Dow Jones Industrial Average achieved its longest winning streak in over six years as it closed higher on Tuesday. The index rose by 0.08%, or 26.83 points, reaching 35,438.07. This marked the 12th consecutive positive session for the 30-stock …

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