Market Overview

US inflation is falling sharply. China's trade balance points to a slowing economy

2023.07.13
The US Treasury yields also declined following a weak inflation reading, as the data combined with signs of a cooling labor market spurred bets that the Fed is likely to soften its hawkish stance in t...
Read more

Today the main focus of investors is on US inflation data

2023.07.12
Today, the US will release inflation data for June.
Read more

Hedge funds increase positions to sell the dollar. China may resort to additional stimulation of the economy

2023.07.11
The US consumer credit growth slowed to a more than two-year low in May, reflecting the first decline in volume since the pandemic began.
Read more

Inflation continues to fall in China. The US labor market remains strong

2023.07.10
The US labor market added 209,000 jobs in June, while the unemployment rate fell to 3.6% from 3.7%.
Read more

Week's main events Week's main events (July 10 – July 14)

2023.07.10
The focus this week is on BOC and RBNZ Central Bank meetings as well as inflation data in the US, Germany, and China
Read more

The strong US labor market increased fears of further interest rate hikes by the Fed

2023.07.07
Stronger-than-expected employment data from ADP reaffirmed fears of further interest rate hikes by Federal Reserve policymakers.
Read more

The trade war between China and the US is worsening again. FOMC minutes point to further rate hikes

2023.07.06
The US indices closed lower on Wednesday as minutes from the Federal Reserve's June meeting showed appetite for policy tightening and interest rate hikes.
Read more

China's economic recovery is slowing. OPEC+ countries to agree on new oil production quotas today

2023.07.05
According to the OECD, inflation in advanced economies has slowed to its lowest since December 2021.
Read more

The RBA left the interest rate unchanged. Europe and the US are seeing declines in manufacturing activity

2023.07.04
The June US ISM manufacturing index was 46.0, below the consensus forecast of 47.1 and weaker than the May reading of 46.9.
Read more

Lower US inflation boosts hopes for less hawkish Federal Reserve policy

2023.07.04
On Friday, the PCE inflation rate, which is closely monitored by the US Central Bank, showed that price pressures are easing, fueling hopes that the Fed is nearing the end of its rate hike cycle.
Read more