Market Overview

Week's main events Week's main events (September 30 – October 04)

2024.09.30
This week's main events will be data on the labor market (Nonfarm Payrolls) in the United States.
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China continued to stimulate the economy. SNB cut the rate by 0.25% and plans further cuts

2024.09.27
Silver (XAG/USD) hit $32.5 per ounce, the highest in 12 years, following the performance of other assets amid expectations of an upcoming rate cut by the Federal Reserve.
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SNB will cut rates today. China plans to inject an additional 1 trillion yuan into the economy

2024.09.26
The offshore yuan exchange rate rose to 7.01 per dollar thanks to positive investor sentiment following reports that more stimulus measures may be introduced to combat slowing economic growth in China...
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Chinese indices rise on PBoC stimulus. In Australia, inflationary pressures are easing

2024.09.25
The Australian dollar climbed to $0.69, ending at its highest level since February 2023, as investors reacted to the latest inflation report.
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China announced a broad stimulus for the economy. The RBA kept the rate at 4.35%

2024.09.24
The ASX 200 Index (AU200) fell by 0.13%, extending the previous session's losses after the Reserve Bank of Australia (RBA) expectedly left the cash rate unchanged at 4.35% amid continued high core inf...
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Week's main events Week's main events (September 23 – September 27)

2024.09.23
This week's focus is on the Australian and Swiss central bank meetings
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Bitcoin has reached the $64000 mark. Oil rises amid escalating conflict in the Middle East

2024.09.23
FedEx (FDX) is falling more than 15% after the company reported Q1 adjusted EPS well below consensus and lowered its 2025 adjusted EPS estimate.
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The People's Bank of China kept key rates unchanged. Oil grows amid escalating conflict in the Middle East

2024.09.20
WTI crude oil prices rose above $71.5 a barrel on Thursday, extending their recovery from a 15-month low of $65 reached on September 10, amid expectations of higher global energy demand and rising ris...
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The US Fed surprised the market with a sharp rate cut. Australia's labor market remains resilient

2024.09.19
The Australian dollar rose to $0.678 as good employment data suggested that the economy remains strong, giving the Reserve Bank of Australia (RBA) room to hold policy.
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The US Federal Reserve will begin its rate-cutting cycle today. In the UK, inflation figures were unchanged

2024.09.18
US manufacturing production in August added 0.9% m/m, which was stronger than expectations of 0.2% m/m and was the largest increase in the last 6 months.
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