Market Overview
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
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 (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 (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
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