Market trading news and analysis

US equity indices took a tumble earlier this week after the latest CPI data showed prices had risen more than expected in January, pushing back the need for rate cuts from the Federal Reserve. But stocks have come back swinging with the S&P 500, US Tech 100 and Russell 2000 all resuming their bullish trends after a minor pullback.

While the Magnificent Seven have dominated market momentum in recent months, it’s not true that they are the sole drivers of the recent rally in equity markets.

The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.

EUR/USD struggles for direction as EZ inflation remains high and the Fed pulls back on dovish commentary

Markets have no doubt that the BoE will keep its rate unchanged

Amazon (AMZN) reports its Q4 results after Wall Street’s closing bell on February 1, 2024. We preview what to expect from the results and analyse the stock’s technicals.

Meta Platforms (META) reports its Q4 results after Wall Street’s closing bell on February 1, 2024. We preview what to expect from the results and analyse the stock’s technicals.

Markets expect the Fed to keep rates unchanged as strong economic data continues

Apple Inc. (AAPL) reports its Q1 results after Wall Street’s closing bell on February 1, 2024. We preview what to expect from the results and analyse the stock’s technicals.

Microsoft (MSFT) reports its Q2 results after Wall Street’s closing bell on 30 January, 2024. We preview what to expect from the results and analyse the stock’s technicals.