Market Overview
Israel has retaliated against Iran. Investors run to safe assets
2024.04.19
Meta Platforms (META) is up more than 1% and led the NASDAQ (US100) risers after Moody's Ratings Services upgraded the company's senior unsecured debt rating to Aa3 from A1.
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The US natural gas prices fell to a 2-month low. A drop in the technology sector on Wednesday had a negative impact on the broad market
2024.04.18
Cipollone of the ECB executive board said that if incoming data confirms that inflation is returning to the 2% target, removing some of the restrictive measures introduced in 2023 would be appropriate...
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Indices decline amid hawkish comments from the Fed. Investors are waiting for Israel's answer
2024.04.17
ECB President Lagarde said yesterday that unless there are major shocks to developments, the ECB is approaching a point where the bank will have to moderate its restrictive monetary policy.
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Stock indices sell-off amid rising geopolitical tensions in the Middle East. China's GDP grew the most in a year
2024.04.16
Tesla (TSLA) closed down more than 5%, topping the Nasdaq 100 losers list, after CEO Musk said the company will cut its global workforce by more than 10% as demand for electric vehicles slows.
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Escalating conflict in the Middle East is forcing investors to shift funds to safe assets
2024.04.15
Following last week's alleged Israeli strike on senior Iranian military commanders in a Syrian compound, market participants were spooked as a flurry of reports emerged towards the end of the week tha...
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Week's main events Week's main events (April 15 – April 19)
2024.04.15
Geopolitical tensions in the Middle East as well as key inflation data will be in focus this week
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Singapore's central bank (MAS) maintained its monetary policy settings. The ECB hinted at a rate cut soon
2024.04.12
New York Fed President Williams said the Fed has made tremendous progress in balancing inflation and employment, but there is no need to lower interest rates soon.
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The Bank of Canada maintained its monetary policy settings. The FOMC minutes showed that policymakers will not be in a hurry to cut rates
2024.04.11
Minutes from the March FOMC meeting showed that the Federal Reserve does not believe it is appropriate to lower the target range until there is confidence that inflation is moving steadily toward 2%.
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The RBNZ kept the interest rate at 5.5%. Intel plans to compete with Nvidia in AI chips
2024.04.10
The first quarter corporate earnings season kicks off this Friday with the release of results from major banks, including JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC).
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Israel and Hamas have not reached an agreement. Markets await US consumer price report
2024.04.09
Nike (NKE) shares are up more than 1% and led the Dow Jones Industrials higher after Hedgeye Risk Management upgraded the stock to a "buy" from a "hold" rating.
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