Market Overview

Energy anxiety has returned to Europe. Drag metals are under pressure again because of the rising government bond yields

2023.08.14
Friday's Producer Price Index (PPI) data released on Friday came in slightly higher at 0.3% in July, up from the previously revised reading of 0%.
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Week's main events Week's main events (August 14 – August 18)

2023.08.14
Investors' attention this week is focused on FOMC minutes and inflation data in the UK, Canada, and Japan
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Investors are cautious ahead of key US inflation data. Relations between the US and China are deteriorating again

2023.08.10
The US expected inflation indicator, closely watched in the bond market, rose to a nine-year high, signaling that inflationary pressures could return with renewed vigor and the Federal Reserve may con...
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China is experiencing deflation. Moody's downgraded the credit ratings of US banks

2023.08.09
Moody's downgraded the credit ratings of several small and mid-sized US banks and said it may downgrade some of the nation's largest lenders.
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Bundesbank stops paying interest on government deposits. China's trade balance disappointed investors

2023.08.08
Warren Buffett's Berkshire Hathaway (BRK) reported better-than-expected quarterly results on the back of strong results from its insurance companies, sending its share price up more than 3% on the rep...
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Week's main events Week's main events (August 07 – August 11)

2023.08.07
US Inflation data will remain central topics for investors this week
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The Bank of England raised the interest rate by 0.25%. Volatility in the markets decreased ahead of the important labor market report NFP

2023.08.04
The monthly Nonfarm Payrolls labor market report will be released in the United States today.
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Fitch Ratings downgraded the US credit rating to AA+. A resilient US labor market fuels the dollar

2023.08.03
The US stock indices fell sharply yesterday on the back of strong labor market data and as Fitch Ratings downgraded the US credit rating.
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