Daily Market Analysis

European equities extend 2023 rally in thin trade; Lowest European natural gas prices in 1-1/2 years; Gold is approaching 9-month highs; Turkey budget deficit narrows in December Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

European stock exchanges at 9-month highs; Madrid shares close at 8-month highs; FTSE 100 closes just below the record, records second weekly gain; The Baltic Exchange Dry index falls to a low of more than 1.5 years Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Digesting the December US Consumer Price Index (CPI), which showed that services inflation did not improve; S&P 500 pushing past its 200-day moving average at 3,984; Choppy action in the Treasury market Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Hope that the economy will avoid a "hard landing" scenario; Electricity prices in Germany remain low; Turkey current account gap widens less than expected in November; 10-year US Treasury yield rebounds above 3.6% Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Gains in many mega-cap stocks help to bolster US indexes performance; Microsoft took center stage after announcing plans to invest $10 billion in OpenAI, the company behind the hit ChatGPT Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Comments from SF Fed President Daly (not an FOMC voter) and Atlanta Fed President Bostic (not an FOMC voter) indicating the Fed may raise rates as much as previously feared Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Positive reaction to the better-than-feared December US Employment Situation Report; 10-year Treasury yield falls below 3.6%; French shares close at an 11-month high; Oil ends the week down 8% Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Stronger-than-expected US labor data, paired with weak trade data, stoked concerns about the Fed continuing on its rate hike path and the potential for a policy mistake Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Lingering concerns about a weakening economic environment after a series of sub-50.0 (the dividing line between expansion and contraction) manufacturing PMI readings for December out of Asia and Europe Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Encouraging inflation data in Europe supports peak inflation thesis; Sterling hovers near one-month low; Gold holds near 7-month high; Turkish government bond yields close to 2015 lows Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Bank holidays in many countries; Euro Close to Seven-Month Highs to Start the Year; European Stocks Start 2023 on a Positive Note; Turkey Manufacturing PMI Highest in 6 Months Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Thinner holiday trading conditions - Many stocks reversing early gains with no news catalyst; Rising Treasury yields; Oil Extends Retreat; Cotton prices to end 2022 nearly 25% lower Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

European stocks rise as China eases Covid brakes; Oil also increases on China Covid shift and US storm Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Thinner holiday trading conditions - Bank Holiday in many countries, Steel approaches 4-Month high Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Thinner holiday trading conditions; European natural gas prices point to a sharp 33% weekly loss; US stocks closed higher on Friday; the Baltic Exchange Dry index fell for the 2nd day, after the biggest drop since 2015 Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Influential hedge fund manager David Tepper told CNBC that he is leaning short the equity market because he believes central banks will keep tightening and that rates will remain high for a while Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Better-than-expected consumer US confidence data for December adding fuel to the rally effort; Stocks in Turkey hit an all-time high; Japanese stocks extend fall after BOJ move Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

The surprise move by the Bank of Japan to allow the 10-yr JGB yield to move +/- 50 basis points from 0.00% versus its prior band of +/- 25 basis points precipitated a big move in the yen and sovereign bond markets Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

US sovereign wealth funds, pension funds, and balanced mutual funds could sell up to $100 billion of stocks over the last few weeks in December in a rebalancing effort Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

US stocks fall for the second week; 10-year US Treasury yield rebounds above 3.5%; US Natural Gas Diving 6%; Central Bank of Russia holds key rate at 7.5% Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Concerns about central banks raising rates into a deteriorating global economic environment and the adverse impact on earnings growth following a litany of rate hikes overnight and this morning Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

The Fed offers a lower rate hike of 50 basis points; S&P 500 pushes above its 200-day moving average at a level of 4032.35; the Dollar rebounds after the Fed rate hike, Gold cuts gains Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Fed at a slow pace of rate hikes; 10-year US Treasury bill nears 3-month low after CPI; The inflation rate in the US slows more than expected; Euro hits 6-month high Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

Baltic Exchange Dry Index sees worst day in almost three weeks; Oil higher on supply-side concerns; European stocks struggle for traction Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!

US Treasury yields moved sharply higher after the PPI report; The price of natural gas in the EU is about 140 euros; Crude Oil dipped 10% in the last week Today highlights from global markets, presented by Blue Suisse for free. Visit Blue Suisse website for more!