Market Overview Archive - Page 4 of 201

World central banks continue to cut interest rates. US stock indices break records again

2024.11.08

The Central Bank of the United Arab Emirates cut its benchmark overnight deposit rate by 25 basis points to 4.65% in November 2024, closely following the US Federal Reserve's rate cut.

The Trump presidency will exacerbate international relations, especially concerning China and Europe

2024.11.07

Bitcoin (BTC/USD) gained more than 9% and set a new record high as digital assets are expected to benefit from less regulation and President-elect Trump's support for digital currencies.

Trump will likely become the 47th president of the United States. US stock indices and the dollar are reacting with sharp gains

2024.11.06

Bitcoin (BTC/USD) jumped to $75,000 on Wednesday, hitting new all-time highs as Republican candidate Donald Trump took an early lead in the US presidential race.

Investors focus on the US presidential election. The RBA kept the interest rate at 4.35%

2024.11.05

The Reserve Bank of Australia (RBA) left the money rate unchanged at 4.35% at its November meeting, keeping borrowing costs unchanged for the eighth consecutive time and in line with market estimates.

Stock indices rise on weak US labor market report. In Switzerland, there is a further decline in inflation

2024.11.04

Switzerland's annual inflation rate fell to 0.6% in October 2024, the lowest since June 2021, down from 0.8% in September and below estimates of 0.8%. Markets currently give a 72% probability that the...

Week's main events Week's main events (November 04 – November 08)

2024.11.04

Investors' focus this week is on the US Presidential election, as well as the Fed, BoE and RBA meetings

Investors' main focus today is on the NonFarm Payrolls report. Iran is preparing for a new attack on Israel

2024.11.01

Today, the US Nonfarm Payrolls report will be released. Economists believe the labor market will add only 111,000 jobs in October, down significantly from 254,000 in September.

Stock indices under pressure ahead of US elections. Oil strengthened due to lower inventories

2024.10.31

WTI crude oil prices rose to around $69 a barrel on Thursday, extending gains of more than 2% from the previous session, helped by an unexpected decline in US inventories.

Australia has seen a sharp decline in inflationary pressures. Silver rose to $34 an ounce

2024.10.30

In Australia, annual inflation fell to 2.8% in the third quarter, down from 3.8% in the previous quarter and slightly below the expected 2.9%. This marked the first time inflation has returned to the...

Bitcoin has reached the $70,000 mark. The Canadian dollar fell to last year's lows

2024.10.29

Bitcoin (BTC/USD) broke the key $70,000 mark this week for the first time since June, driven by strong inflows into US Bitcoin spot exchange-traded funds.