Market Overview
Bitcoin has fallen below $60,000. Silver prices reached a 2-week-high
2024.07.04
Bitcoin (BTC/USD) prices fell back below the key psychological mark of $60,000, hitting a two-month low as the largest digital asset failed to sustain its recent rise.
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Natural gas prices fall to a 7-week low. Tesla shares surge amid rising sales
2024.07.03
Tesla (TSLA) stock price rose more than 10% to a 5-month high and led gains in the S&P 500 and Nasdaq 100 after the company reported second-quarter vehicle shipments of 443,956 units, beating the cons...
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RBA maintains a hawkish bias. Japanese authorities are ready to conduct another intervention
2024.07.02
Tesla (TSLA) shares rose more than 6% and led gains in the S&P 500 and Nasdaq 100 after Wells Fargo listed it as a tactical idea for the third quarter.
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French index rises amid the victory of the far-right in the first round of elections. Inflationary pressures ease in Vietnam
2024.07.01
Friday's economic news showed that the May US core PCE deflator, the Fed's preferred measure of inflation, fell to 2.6% y/y from 2.8% y/y in April, which matched expectations and was the slowest rate...
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Week's main events Week's main events (July 01 – July 05)
2024.07.01
This week's focus on Nonfarm Payrolls, FOMC protocol, and elections in France and the United Kingdom
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Today, the focus of investors' attention is on the PCE index data
2024.06.28
Boeing (BA) is up more than 2% after reporting that China's safety regulator has cleared it to resume deliveries of wide-body airplanes to China.
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Silver prices fell to a 6-week low. Japanese authorities may intervene again to support the yen exchange rate
2024.06.27
FedEx (FDX) is up more than 15% after reporting better-than-expected Q4 adjusted EPS and estimating 2025 adjusted EPS above consensus.
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RBA may raise rates amid price hikes. BoC is likely to postpone rate cuts amid inflationary pressures
2024.06.26
On Tuesday, Fed spokeswoman Bowman's hawkish comments proved bearish for stocks when she said she sees several upside risks to the inflation outlook and "we are still not at a point where it is approp...
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RBA and RBNZ have no plans to cut rates this year. Oil is trading at a 2-month high
2024.06.25
San Francisco Fed President Daly said that if inflation falls more slowly than expected, it would be appropriate for the Fed to keep interest rates high for longer, but if inflation falls quickly or t...
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Commodity markets are under pressure from the US dollar growth. New geopolitical risks in the Middle East are on the agenda
2024.06.24
The S&P US Manufacturing PMI for June unexpectedly rose 0.4 to 51.7, stronger than expectations of a decline to 51.0. In addition, the S&P Services PMI for June unexpectedly rose 0.3 to a two-year hig...
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