Market Overview

The RBA unexpectedly raised the rate by another 0.25%. First Republic Bank was sold to JPMorgan Chase

2023.07.04
The US manufacturing activity declined for the sixth straight month in April, the longest period since 2009 and a sign of trouble in the manufacturing sector.
Read more

Gold is down on rumors that the Fed may raise rates again in June. The ECB intends to keep raising rates

2023.07.04
Investor fears that the economy is headed for a recession in the second half of the year bolstered bets that interest rates will soon decline.
Read more

The US Federal Reserve raised rates by 0.25% and indicates a likely pause in June. ECB intends to stay on the path of rate hike

2023.07.04
Yesterday the Federal Open Market Committee, FOMC, raised the benchmark rate by 0.25% from 5% to 5.25%.
Read more

Inflationary pressure in the US continues to decline. Chinese inflation data disappointed investors

2023.07.04
The US Consumer Price Index rose by 0.4% last month, but a deeper look at the data showed a slowdown in core services inflation.
Read more

Oil prices began to recover amid rising demand ahead of summer. China's trade balance data is disappointing

2023.07.04
Goldman Sachs joins Barclays in predicting that the Federal Reserve will cut interest rates significantly this year.
Read more

Political disputes over raising the US debt ceiling could trigger a recession

2023.07.04
Friday's data, which showed a sharper-than-expected drop in consumer sentiment in the United States, heightened fears that the political debate over raising the debt ceiling could trigger a recession.
Read more

The US stock indices remain under pressure. The Bank of England and the ECB intend to raise interest rates further

2023.07.04
Alphabet (GOOGL) rose for the second straight day as the tech giant's announcement that it will incorporate artificial intelligence into products, including its search engine, drew positive reactions...
Read more

China's economic data once again falls short of expectations. Gold regains its shelter asset status

2023.07.04
As for economic indicators, the Empire State manufacturing index for May fell more than expected, indicating a continued slowdown in manufacturing activity.
Read more

Inflationary pressures are easing in Europe. Investors awaiting approval of debt ceiling bill

2023.07.04
The Federal Reserve's interest rate hike on June 14 may depend on Friday's jobs report (Nonfarm Payrolls).
Read more