Market Overview
The RBA raises interest rates again. US Fed likely to pause at June meeting
2023.07.04
The ISM Services PMI Index in the US showed a decline from 51.9 to 50.3.
Read more
The OPEC+ countries have agreed to cut production. Inflation in Indonesia reached the central bank's target
2023.07.04
The monthly Nonfarm Payrolls report showed that the US economy added 339,000 jobs in May (forecast: 190K jobs, previous: 294K).
Read more
Investors are fixing their profits on indices. The Turkish lira reached another low
2023.07.04
The US trade deficit widened in April to its highest level in six months as exports declined at the fastest pace since the pandemic began and imports widened.
Read more
Ukraine faces a man-made disaster because of the explosion of the Kakhovska hydroelectric power plant by Russian troops
2023.07.04
Apple Inc (AAPL) introduced an augmented reality headset called Vision Pro. But the stock has reacted negatively, as analysts are not convinced that the $3499 price tag will drive strong sales, especi...
Read more
Investment banks believe in rising indices. Chinese airliner C919 made its first commercial flight
2023.07.04
The US inflation data for May will be released today. Inflationary pressures are expected to fall, which will increase the likelihood of a pause at tomorrow's US Fed meeting.
Read more
The US-Iran nuclear deal is back on the agenda. China's central bank is preparing for an interest rate cut
2023.07.04
The US-Iran nuclear deal is back on the agenda. China's central bank is preparing for an interest rate cut
Read more
Week's main events Week's main events (June 12 – June 16)
2023.07.04
Investors focus this week on the Fed, ECB, and BoJ meeting, as well as US and EU inflation data
Read more
Week's main events Week's main events (June 05 – June 09)
2023.07.04
Investors' attention this week is focused on BoC and RBA meetings as well as China inflation data
Read more
Lack of progress in raising the US debt limit has a negative impact on financial markets
2023.07.04
President Joe Biden will meet with House Speaker Kevin McCarthy today. Both politicians face the need to reach an agreement on the debt ceiling, or else the US will face default as early as June 1.
Read more
Debt ceiling talks continue. Australian labor market shows weakness
2023.07.04
The US stock indices rose on Wednesday amid hopes that Congress will work out an agreement to raise the national debt ceiling, allowing the US to avoid defaulting on its obligations.
Read more