Market Overview
The US stock market is under a sell-off on hawkish comments from FOMC representatives. Japan is seeing a decline in inflation
2023.08.25
On Thursday, the Fed's hawkish comments were bullish for the dollar index and bearish for stock indices.
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China seeks rapid BRICS expansion. The US central bank's economic symposium will begin today
2023.08.24
Shares of major technology companies rose ahead of Nvidia's quarterly results. On Wednesday, NVIDIA Corporation (NVDA) reported better-than-expected second-quarter results and an encouraging outlook a...
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Canada is on the verge of a housing bubble. US indices are under renewed pressure ahead of the Jackson Hole Symposium
2023.08.23
According to economists, Canada is likely sitting on the biggest housing bubble of all time. Canadians' level of debt relative to their income puts many in a precarious position if mortgage rates cont...
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Warren Buffett is investing in real estate. The New Zealand dollar has fallen for ten days in a row
2023.08.22
Technology stocks rose thanks to a more than 6% rise in NVIDIA Corporation (NVDA) ahead of the chipmaker's quarterly results due on Wednesday.
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China has cut its benchmark interest rate. Oil may come under pressure in the coming weeks
2023.08.21
The Jackson Hole Symposium is scheduled to begin on Thursday of this week. Various academics, bank chiefs, and central bank governors gather to discuss monetary policy and financial markets.
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Week's main events Week's main events (August 21 – August 25)
2023.08.21
This week's focus is on the Jackson Hole Symposium, PMI data, and PBoC prime rate
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A resilient US labor market proved to be a headwind for stock indices. Norges Bank continued to increase interest rates
2023.08.18
US weekly initial jobless claims fell by 9,000 to 239,000, showing a stronger labor market than expected at 240,000.
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US stock indices under pressure from hawkish FOMC minutes. Eurozone countries are slipping into recession.
2023.08.17
According to the FOMC minutes of the US Federal Reserve's July 25-26 meeting released Wednesday last month, most Fed officials still viewed high inflation as a persistent threat that could warrant fur...
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The RBNZ kept the interest rate at 5.5%. Hedge funds sell Chinese stocks
2023.08.16
Stronger-than-expected consumer spending increased the likelihood that the Federal Reserve may resume raising rates this year.
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The RBA and RBNZ are likely to maintain interest rates at their next meetings. China's economic data disappoints again
2023.08.15
On Tuesday, the US will release retail sales data for July, which is expected to show a pickup in demand early in the third quarter after a smaller-than-expected increase in June.
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