Market Overview
Donald Trump threatens the BRICS bloc with high tariffs. The Canadian dollar fell after weak GDP data
2024.12.02
Canada's third-quarter GDP grew at a 1% annualized rate after an upwardly revised 2.2% in the second quarter, which was in line with market expectations but short of the Central Bank's estimate of 1.5...
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Week's main events Week's main events (December 02 – December 06)
2024.12.02
The US labor market reports, Swiss inflation data, and the OPEC+ meeting are in focus this week
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Silver prices fell to an 11-week low. The Mexican peso strengthened after diplomatic talksTrump and Sheinbaum
2024.11.29
Silver (XAG/USD) prices fell below $30 an ounce on Thursday, hitting 11-week lows amid weaker demand for the safe-haven metal and weakening prospects for its industrial use.
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The Dollar Index fell to a two-week low. Natural gas prices fell by 7%
2024.11.28
The US natural gas (XNG) prices fell more than 7% to $3.2/MMBtu on Wednesday as markets assessed the outlook for the US gas supply. The latest report from the EIA showed that utilities drew 3 billion...
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As expected, the RBNZ cut the rate by 0.5%. Australia's inflation rate remained at its lowest level since the summer of 2021
2024.11.27
In Australia, the annual CPI reading came in at 2.1%, which is in line with the growth seen in September but below analysts' estimate of 2.3%. This is the lowest inflation rate since July 2021.
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Trump plans to raise tariffs by 10% on goods from China and 25% on goods from Mexico and Canada
2024.11.26
Trump confirmed his plans to impose an additional 10% tariffs on all Chinese goods, adding to fears of global trade tensions. Against this backdrop, the offshore yuan fell to around 7.26 per dollar, n...
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"Trump trades" and geopolitics are the key factors driving market activity
2024.11.25
Investors who bet on "buying a digital asset and the dollar" after Trump's victory are still in profit. Bitcoin is approaching the $100,000 mark and is up about 50% since early October, when markets w...
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Week's main events Week's main events (November 25 – November 29)
2024.11.25
This week, the main focus will be the RBNZ Interest Rate decision, inflation data and FOMC Minutes
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Bitcoin price is approaching 100,000. Natural gas prices rise due to declining inventories and cold weather
2024.11.22
The price of Bitcoin (BTC/USD) rose more than 2%, hitting a new record high above $99,000 on optimism that President-elect Trump's support for digital assets will boost the industry as the US moves to...
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RBNZ may cut the rate by 0.75% next week. NVDA report did not meet investors' expectations
2024.11.21
Nvidia (NVDA) reported fiscal third-quarter results that beat Wall Street estimates, but its plans for the current quarter fell short of investors' inflated expectations amid hot demand for artificial...
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