Market Overview
The Australian dollar remains in positive territory against other currencies. The Bank of Canada survey disappointed investors
2024.07.16
The Bank of Canada's Business Outlook Survey emphasized continued pessimism among Canadian companies, attributing it to weak sales expectations and high equipment costs holding back investment.
Read more
There was an assassination attempt on Donald Trump. Economic data from China was below forecasts
2024.07.15
Bank earnings results on Friday were mostly bearish for stocks, with Wells Fargo (WFC) closing down more than 6% after reporting second-quarter net interest income below consensus.
Read more
Week's main events Week's main events (July 15 – July 19)
2024.07.15
The focus this week is on the inflation data in the EU, UK, Canada, Japan, and New Zealand
Read more
US Fed to start cutting rates in September. The Canadian dollar reached a 2-month high
2024.07.12
The Canadian dollar strengthened to 1.36 per US dollar in July, hitting an eight-week high.
Read more
The US stock indices are once again hitting highs. Oil rises amid falling inventories
2024.07.11
Today, the US will release its inflation report for June. Economists expect consumer inflation to rise 0.1% month-over-month and fall slightly to 3.1% from 3.3% year-over-year.
Read more
The RBNZ kept the interest rate at 5.5%. In China, inflationary pressures are easing.
2024.07.10
The RBNZ kept the interest rate at 5.5%. In China, inflationary pressures are easing.
Read more
Oil declines amid prospects of an agreement between Israel and Hamas. Powell will address the US Congress today
2024.07.09
Markets are awaiting Fed Chairman Powell's semi-annual monetary policy report before the Senate Banking Committee on Tuesday and before the House Financial Services Committee on Wednesday.
Read more
Skepticism about Biden's continued participation in the re-election campaign is growing in the US. In France, the elections ended with uncertainty
2024.07.08
US non-farm payroll employment for June rose by 206,000, exceeding expectations of 190,000. However, May's non-farm employment data was revised downward to 218,000 from the previously announced 272,00...
Read more
Week's main events Week's main events (July 08 – July 12)
2024.07.08
The focus this week is on the RBNZ Central Bank meeting and inflation data in the US and China
Read more
Bitcoin is down to $55,000. Switzerland is seeing a further decline in inflation
2024.07.05
Bitcoin (BTC/USD) fell below $55,000 on Friday, hitting its lowest level since late February, and has lost about 13% this week, which analysts attributed to further liquidation by leveraged investors.
Read more