Market Overview

Week's main events Week's main events (July 03 – July 07)

2023.07.04
This week's focus on Nonfarm Payrolls, FOMC, an RBA interest rate decision
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China's business activity continues to decline. Inflationary pressures are rising in Europe

2023.07.04
The US indices mostly rose yesterday. The Federal Reserve stress test showed that the 23 largest US banks could withstand a severe recession scenario.
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All major central banks except the Bank of Japan remain on track to tighten monetary policy

2023.07.04
The US trade deficit narrowed by 6.1% to $91.1 billion from $97.1 billion in April.
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Inflation data in the Eurozone is in the spotlight today. Geopolitical tensions in the world are rising again

2023.07.04
The minutes of the Federal Reserve's February meeting contained no new hawkish statements but added to expectations that further interest rate hikes are necessary to control inflation.
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Economic optimism is boosting stocks. Australia and Canada are seeing a slowdown in inflation

2023.07.04
The US stock indices rose yesterday, helped by positive economic data.
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In the US, there is an increase in price pressure. The Fed will continue to raise rates until the summer

2023.07.04
The January PCE data released Friday, one of the Fed's favorite inflation indicators, showed an unexpected increase in price pressures.
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The new governor of the Bank of Japan will maintain a loose monetary policy.

2023.07.04
The US Commerce Department reported Thursday that the US economy grew at an annualized rate of 2.7% in the latest quarter.
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The US stock indices remain under pressure. Inflation is on the rise in Europe

2023.07.04
The US CB consumer confidence index declined for the second month in a row, a sign that Americans are becoming more pessimistic about economic prospects amid persistently high inflation and rapidly ri...
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Britain and the EU are on the verge of a Brexit deal on Northern Ireland. The New BoJ gov knows when to tighten monetary policy

2023.07.04
Britain and the EU are on the verge of a Brexit deal on Northern Ireland. The New BoJ gov knows when to tighten monetary policy
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Fed policymakers are again considering a rate hike to the 0.5% step. The ECB began to cut its balance sheet

2023.07.04
According to ISM, the US Manufacturing Activity Index rose from 47.4 to 47.7 in February, slightly below expectations of 48.0.
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