Market Overview

Inflation in Australia continues to decline. The World Bank forecasts a contraction in growth

2024.01.10
Lower expectations for a Fed interest rate cut in March weighed on equities as swap markets show that the probability of a 25 bps Fed rate cut at the March 19-20 FOMC meeting fell to 67% from the 100%...
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NVDA shares have reached an all-time high. China plans to create favorable financial conditions for the country's economic growth

2024.01.09
Atlanta Fed President Bostic said yesterday he is comfortable with the US Fed's restrictive stance. Bostic wants to see the economy continue to grow and inflation reach our 2% level. He added that he...
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Economists have raised growth forecasts for the UK. Bank of Canada may push back its rate cut

2024.01.08
The dollar rose to a 3-week high on Friday morning after a stronger-than-expected US December payrolls report dampened expectations that the Federal Reserve will soon cut interest rates.
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Week's main events Week's main events (January 08 – January 12)

2024.01.08
Inflation data in the spotlight this week
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The UK economy shows resilience to high interest rates. The Chinese yuan is under pressure

2024.01.05
Weekly initial jobless claims fell by 18,000 to a 2-month low of 202,000, indicating a stronger labor market than expected at 216,000. In addition, the December employment change from ADP rose by 164,...
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BRICS continues to expand. Fitch downgrades Chinese companies again

2024.01.04
The minutes of the December 12-13 FOMC meeting did not indicate an imminent Fed rate cut and provided support for the dollar.
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Today, investor interest is focused on the FOMC minutes

2024.01.03
Weakness in technology stocks pressured the overall market. Apple (AAPL) shares fell more than 3% yesterday after Barclays downgraded it to a low rating due to concerns about low demand for the iPhone...
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The geopolitical situation in the Middle East is heating up again. Asia's growth outlook outperformed the Eurozone

2024.01.02
Hawkish comments from former US Treasury Secretary L. Summers on Friday lent support to the dollar when he said "..there's not going to be as much room for the Fed to ease as people are hoping."
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Week's main events Week's main events (January 01 – January 05)

2024.01.02
Volatility will gradually increase closer to Friday's Nonfarm Payrolls data
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