Market Updates

Daily Updates

A daily summary of financial market developments and key macroeconomic data.

See the latest developments in the financial markets and a summary of key macroeconomic data from around the globe and in Australia. Our Daily Reports focus on data that has been published during the previous trading day.

  • 13 Jun 2024 Daily Report 13 June 2024

    The initially positive mood on Wall Street, buoyed by a downside surprise to US CPI figures, was dented towards the end of the session by an upward revision to the fed funds rate projection path. As a result, the Dow Jones closed 0.1% lower, but the S&P 500 and Nasdaq managed to close at new record highs.

  • 12 Jun 2024 Daily Report 12 June 2024

    US equities were mainly weaker overnight, but strong rises in info tech shares pushed the S&P 500 and Nasdaq to new record highs. US Treasury yields fell after a solid 10-year note auction. The EUR/USD slid to the lowest level since 2 May. Investors are waiting for US CPI figures and new FOMC’s projections due tonight.

  • 11 Jun 2024 Daily Report 11 June 2024

    Wall Street started the week on the front foot, with the S&P 500 and Nasdaq reaching new record highs. Investors are awaiting US inflation figures and guidance from the Fed tomorrow night.

  • 10 Jun 2024 Daily Report 10 June 2024

    US stocks declined towards the end of the Friday session, while US Treasury yields surged, as traders scaled back their fed funds rate cut expectations after a stronger-than-expected rise in US non-farm payrolls for May.

  • 07 Jun 2024 Daily Report 7 June 2024

    US stocks were mixed last night, while US Treasury yields were little changed, as investors await the official US labour market data scheduled for a release tonight. The Dow Jones saw a slight gain, while the S&P 500 and Nasdaq ebbed from record highs.

  • 06 Jun 2024 Daily Report 6 June 2024

    Wall Street saw further gains last night, with the S&P 500 and Nasdaq reaching fresh record highs. US economic data suggested a slowdown in job formation and the Bank of Canada became the first G7 central bank to reduce its policy rate, which raised hopes for faster and quicker cuts by the FOMC.

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