Market Overview

The US labor market is showing signs of cooling. Oil is growing amid rumors of further production cuts

2023.09.04
The latest US jobs report (NFP) showed that 187k new jobs were created in August, slightly above market expectations of 170k.
Read more

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

2023.09.04
This week may bring economic surprises
Read more

China plans to reduce the amount of foreign exchange. The probability of a rate hike from the US Fed has fallen to a low

2023.09.01
The US PCE index for July, the Fed's preferred inflation index, rose by 0.2% m/m and 3.3% y/y, in line with market expectations
Read more

Eurozone CPI data indicate that inflation is resilient. China's manufacturing data is again disappointing

2023.08.31
US economic news on Wednesday was mostly dovish for Fed policy and bearish for the dollar.
Read more

Stock indices were supported amid weak US economic data. Australia is experiencing a drop in inflation

2023.08.30
The stock indices rose after weaker-than-expected economic news from the US on Tuesday regarding JOLTS job openings for July and consumer confidence for August, pushing bond yields lower and raising t...
Read more

China is trying to stimulate economic growth. The probability of another rate hike by the Fed rose to 67%

2023.08.29
Monday's US economic news was positive for stocks after the August reading of the Dallas Fed's measure of overall business activity in the manufacturing sector rose by 2.8 to a 5-month high of minus 1...
Read more

Fed chief hints at another rate hike. Oil may come under pressure in the coming weeks

2023.08.28
Chairman Jerome Powell said on Friday that policymakers are prepared to raise interest rates further if necessary but also signaled that they may keep rates at current levels in September if economic...
Read more

Week's main events (August 28 – September 01)

2023.08.28
This week, the main focus will be the US labor market data, the inflation rate in Europe, as well as the Manufacturing PMI
Read more

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.
Read more

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...
Read more