Market Overview
Rising government bond yields put pressure on indices. The RBA kept the rate on hold but left a hawkish bias
2023.12.05
This week, markets await JOLTS openings, ADP national employment, and US monthly payrolls reports to gauge the strength of the US labor market and whether additional monetary tightening is appropriate...
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BoC has peaked on interest rates. ECB may cut the rate as early as spring 2024
2023.12.04
The ISM Manufacturing Index for November was unchanged at 46.7, which was weaker than expectations of a rise to 47.8 and was the 13th consecutive month of contraction in manufacturing activity.
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Week's main events Week's main events (December 04 – December 08)
2023.12.04
This week, the main focus of investors is on the Nonfarm Payrolls as well as BoC and RBA interest rate meetings
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There is still disagreement on production quotas within OPEC+. Inflationary pressures are easing in the Eurozone
2023.12.01
Stocks found support in US economic reports that showed jobless claims rose to a 2-year high and October core PCE rose less than expected, reinforcing expectations that the Federal Reserve has stopped...
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China is once again experiencing a decline in business activity. Oil traders' attention today on the OPEC+ meeting
2023.11.30
The US Q3 GDP was revised upward, and the Q3 core deflator was revised downward, reinforcing speculation that the US economy continues to grow at a moderate pace with easing price pressures, which wou...
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RBNZ kept interest rates at the same level. Inflationary pressures are easing in Australia
2023.11.29
Stocks rose on Tuesday thanks to dovish comments from Fed spokesman Waller, which lowered the 10-year T-note yield and reinforced expectations that the Fed has stopped raising interest rates. At the s...
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The RBA may take a less hawkish stance. Canadian dollar strengthens amid strong economic data
2023.11.28
Monday's US economic news was weaker than expected and was bearish for both the dollar and the broad equity market. October new home sales fell by 5.6% m/m to 679.000, which was weaker than expectatio...
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The inflow of funds into global funds indicates that investors expect further growth of indices
2023.11.27
Economic news from the US had a negative impact on the dollar on Friday after S&P reported that activity in the US manufacturing sector contracted more than expected in November, but activity in the s...
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Week's main events Week's main events (November 27– December 01)
2023.11.27
This week, the main focus will be the RBNZ Interest Rate decision, the inflation rate in Europe, as well as the OPEC+ meeting
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The Riksbank left the interest rate unchanged. ECB minutes indicated "high levels for a long time"
2023.11.24
US stock indices were not traded yesterday due to the bank holiday. With US markets closed on Thursday due to the Thanksgiving holiday and facing a shorter trading session on Friday, currencies and US...
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