Market Overview

Canada is seeing a sharp decline in inflation. SNB continues to increase foreign exchange reserves

2024.02.21
Tesla (TSLA) shares fell more than 3% after Phillip Securities downgraded the stock to "neutral."
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European indices set new price highs. PBoC cut the rate on 5-year loans

2024.02.20
Silver (XAGUSD) prices are trading around $23 an ounce, moving away from the seven-week high of $23.4 an ounce reached on February 16, as traders continue adjusting their bets on a Fed rate cut.
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The Japanese Nikkei 225 Index continues to update multi-year records. Oil prices continue to rise due to the situation in the Middle East

2024.02.19
The Japanese Nikkei 225 Index continues to update multi-year records. Oil prices continue to rise due to the situation in the Middle East
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Week's main events Week's main events (February 19 – February 23)

2024.02.19
This week, investors' attention will be focused on the FOMC meeting minutes
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Natural gas hits a 4-year low. DE40 and JP225 indices break multi-year records

2024.02.16
On the bullish side, weekly initial jobless claims unexpectedly fell by 8,000 to 212,000, indicating a stronger labor market than expectations of a rise to 220,000.
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Australia's labor market report is weak. Japan's GDP unexpectedly contracted

2024.02.15
Chicago Fed Chairman Goolsbee stated yesterday that even if inflation is slightly higher for a few months, it would still be consistent with a path back to target.
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The US inflation report strengthened the US dollar and affected the indices. Switzerland is seeing a sharp decline in inflation

2024.02.14
The ZEW Economic Sentiment Indicator for Germany rose for the seventh consecutive month to 19.9 in February 2024, reaching its highest level in a year and beating market expectations of 17.5 amid hope...
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Ahead of the US CPI report, investors are liquidating long positions in equities

2024.02.13
Fed Chair Bowman's hawkish comments on Tuesday also weighed on stocks when she stated that current interest rates are in a good place to maintain downward pressure on inflation and that she does not b...
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Geopolitical risks in the Middle East support crude oil prices. RBNZ intends to raise rates further

2024.02.12
The US Bureau of Labor Statistics left the core US Consumer Price Index for Q4 unchanged at an annualized rate of 3.3%.
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Week's main events Week's main events (February 12 – February 16)

2024.02.12
This week's focus is on inflation data in the United States, United Kingdom, and Switzerland
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