Market Overview

A decline in US retail sales indicates consumer weakness. Gold declines, but the outlook remains bullish

2023.07.04
Other economic data showed that US industrial production and manufacturing activity rose unexpectedly in April.
Read more

The US Federal Reserve officials are hinting at a pause in the rate hike cycle. China has kept rates at historic lows

2023.07.04
Problems with the US debt ceiling were back in the spotlight late last week. Investors are scared by the likelihood of default if politicians can't reach an agreement.
Read more

Core inflation in Japan rose again to a 40-year high. Gold falls amid rising US government bonds

2023.07.04
White House economic adviser Lael Brainard said Thursday that a default on the $31.4 trillion US debt would lead to a recession in the US economy.
Read more

Negotiations on the US debt ceiling are deadlocked. In Germany, there is a drop in business optimism

2023.07.04
The lack of progress on raising the US government's $31.4 trillion debt limit before the June 1st deadline, with several rounds of inconclusive negotiations, has irritated investors as the risk of a c...
Read more

Intel is changing the vector of development. The Japanese index reached a 33-year-high

2023.07.04
The uncertainty in the financial markets still remains. On the one hand, there is still no decision by politicians concerning the US government debt increase.
Read more

NVIDIA's growth pushed US stocks higher. Gold hits a 2-month low

2023.07.04
Shares of NVIDIA (NVDA) surged by 27% to $956.52 billion, bringing its market capitalization close to $1 trillion, after reporting better-than-expected first-quarter results and forecasts that markedl...
Read more

US policymakers reach an agreement on raising the debt ceiling. The Turkish lira fell to an all-time low

2023.07.04
After weeks of difficult negotiations, McCarthy and Biden reached a tentative agreement this weekend on raising the debt ceiling, but now they face the task of getting a deal through the Republican-co...
Read more

Week's main events Week's main events (May 29 – June 02)

2023.07.04
This week's focus is on Nonfarm Payrolls and the inflation rate in Europe
Read more

Week's main events Week's main events (May 22 – May 26)

2023.07.04
This week's focus is on the FOMC minutes, PMI data in Europe, and RBNZ interest rate decision
Read more

Week's main events Week's main events (May 15 – May 19)

2023.07.04
Investors' focus this week is on inflation and GDP data for major economies, as well as central bankers' speeches
Read more