Market Overview
The US Fed has taken a hawkish stance again. New Zealand is entering a technical recession
2023.07.04
The US Federal Reserve expectedly left rates unchanged yesterday at 5.25% but predicted further increases at the next meetings.
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Europe's central banks continue to raise interest rates
2023.07.04
The US Federal Reserve Chairman Jerome Powell said Thursday that the Central Bank would raise interest rates at a "cautious pace" as policymakers near the end of their monetary tightening cycle.
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The UK and Swiss Central Banks intend to raise interest rates further today
2023.07.04
The US stock indices closed lower on Wednesday as Federal Reserve Chairman Jerome Powell's statement to Congress reinforced the central bank's goal of curbing inflation.
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Week's main events Week's main events (June 26 – June 30)
2023.07.04
The focus is on ECB Forum as well as inflation data for the Eurozone, Canada, and Australia
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Week's main events Week's main events (June 19 – June 23)
2023.07.04
The focus this week is on speeches by US Fed officials, as well as central bank meetings of the UK, Switzerland, and China
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The ECB will continue to tighten policy until the autumn. Oil prices are rising on strong data from China
2023.07.04
The US Treasury bond yields fell after data showed that US jobless claims jumped to their highest level in nearly two years.
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Inflation continues to decline in major economies. The Japanese index reached a 33-year-high
2023.07.04
The US consumer prices fell from 5.5% to 5.3% year-over-year.
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Relations between the US and China continue to deteriorate. The economic outlook for the Eurozone is weakening
2023.07.04
Famous investor Warren Buffett does not believe that Congress will be unable to raise the debt ceiling and the country will default.
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Australia has seen a sharp rise in inflation. Chinese PMI data disappointed investors
2023.07.04
The leading Republican in Congress, Kevin McCarthy, on Tuesday urged his party to support a bipartisan deal to raise the $31.4 trillion US debt ceiling and avert a catastrophic default ahead of a proc...
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The ECB will raise rates until the end of the summer. A deal to raise the US debt ceiling has been approved in Congress
2023.07.04
Federal Reserve Bank of Philadelphia President Patrick Harker said the US Central Bank is close to the point where it can stop raising interest rates and move to hold them at current levels in an effo...
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