Market Overview
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
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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.
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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.
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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.
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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.
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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...
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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
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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.
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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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