Market Overview Archive - Page 10 of 199

Stock indices sold off on concerns that the Fed is behind on rate cuts.

2024.08.02

Stock indices sold off on concerns that the Fed is behind on rate cuts.

The US Federal Reserve is set to cut rates in September. Today, investors are focused on the Bank of England meeting

2024.08.01

According to economists, the Bank of England is set to begin its easing cycle today, cutting its key benchmark rate by 25 bps to 5% from a 16-year high of 5.25%.

Oil rises amid escalation of conflict in the Middle East. Inflationary pressures in Australia are easing

2024.07.31

The ASX 200 Index (AU200) jumped 1.75% to close at 8,092 on Wednesday, hitting a new all-time high as softer-than-expected domestic inflation data refuted bets on another rate hike by the Reserve Bank...

Oil prices fell to June lows. Traders are waiting for Australian inflation data

2024.07.30

The Australian dollar is holding near $0.655 as traders avoid making big bets ahead of the release of key domestic inflation data that could influence the Reserve Bank of Australia's next move.

Oil rises in price amid rising geopolitical tensions in the Middle East. Bitcoin has reached the $70,000 mark

2024.07.29

Bitcoin climbed toward the $70,000 mark on Monday, reaching the key level for the first time in six weeks after US presidential candidate Donald Trump doubled down on his support for cryptocurrencies...

Week's main events Week's main events (July 29 – August 02)

2024.07.29

Nonfarm payrolls report, Fed, BoE, and BoJ decisions, and inflation data are in the focus of the investors this week

MAS has maintained a monetary policy. Japan's inflation is on the rise

2024.07.26

The Monetary Authority of Singapore (MAS) left monetary policy on hold for July 2024, extending the pause for the 5th consecutive time amid moderate imported inflation.

The Bank of Canada lowered the rate for the second time. The People's Bank of China unexpectedly cut its one-year lending rate

2024.07.25

As some of the markets expected, the Bank of Canada (BoC) cut its key interest rate by 25 bps to 4.5% at its July 2024 meeting, extending the 25 bps rate cut from the June meeting.

Oil falls amid possible truce between Israel and Hamas. Indices remain under pressure

2024.07.24

Tesla's (TSLA) second-quarter net income fell 45% from a year ago as sales of the company's electric vehicles declined globally despite price cuts and low-interest financing.

AUD is under pressure from the PBoC cut rates. Singapore is seeing a decline in inflation

2024.07.23

Singapore's annual inflation rate fell to 2.4% in June 2024 from 3.1% in May, below market estimates of 2.7% and pointing to the lowest rate since August 2021.