Market Overview
The Fed may reduce the QE program this year
2023.07.04
The FOMC minutes of the July meeting suggest that the reduction of the QE program may take place as soon as this year.
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Investors focus on inflation data in Europe and FOMC minutes
2023.07.04
US retail sales decreased by 1.1% in July, while the core retail sales index decreased by 0.4%. Both indicators did not meet economists’ expectations, but the dollar index increased by 0.54% despite t...
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The Fed may start reducing the QE program next month
2023.07.04
US stock indices closed without a single trend yesterday. The Dow Jones increased by 0.31%, the S&P 500 added 0.26%, and the Nasdaq Composite decreased by 0.2%.
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Virus outbreaks raise fears about global economic recovery
2023.07.04
Last week, the number of new cases in the US increased by 70% compared to the previous week and the number of deaths increased by 26%, with outbreaks occurring mostly in those parts of the country whe...
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Investors are trying to estimate the potential risks for the global economy with the spread of the Delta COVID-19 strain
2023.07.04
The US stock market ended the trading session in the green zone due to good corporate reporting.
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Global financial markets are under pressure amid rising cases of Delta variant in China
2023.07.04
The US stock market ended Monday's trading without a single dynamic.
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US will not introduce restrictions to curb the new COVID-19 wave; Congress introduces infrastructure bill
2023.07.04
After months of work, US senators finally presented a large bipartisan infrastructure development plan of $1 trillion.
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Amazon pulled down the technology sector
2023.07.04
Last quarter, US GDP increased to 6.5% (previous 6.4%) in annual terms, significantly lower than 8.5% expected by economists.
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The Federal Reserve leaves monetary policy unchanged
2023.07.04
At yesterday’s press conference, Jerome Powell said that the Fed would wait for strong labor market numbers in the coming months before cutting the QE program.
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The focus is on the Federal Reserve meeting, where further monetary policy plans will be announced
2023.07.04
US stock markets closed in the red zone yesterday. The biggest drop was in the Nasdaq technology index, which fell by 1.21%, while the fall at that moment was about 1,400 points (-2.3%).
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