Market Overview
Inflation in the United States slows down. The Fed will not reduce the quantitative easing program
2023.07.04
Last week the number of new jobless claims was 375,000 (previously 387,000) in the US. The labor market is slowly recovering. In July, the US producer price index increased more than expected as high...
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China's manufacturing sector has weakened. The stock market is consolidating after falling last week
2023.07.04
The beginning of February for the markets may start with a slight disappointment regarding the global economic recovery.
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Tense situation in Eastern Europe prompts investors to move into defensive assets
2023.07.04
Yesterday, the US stock markets traded in the red area as the geopolitical situation in Eastern Europe deteriorated sharply, with the level of information tension remaining extremely high.
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The ISM data cheered the dollar bulls. US Treasuries yield returned to 1.14%
2023.07.04
On Wednesday, ISM pleased market participants with data from the service sector. Business activity accelerated growth to 58.7 in January from 57.7 in December last year, beating the market forecast of...
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This week, investors are waiting for FOMC minutes to understand the central bank's next steps
2023.07.04
The US stock market rose on Friday, but the week closed in the red zone. Last week, the Fed officials said that the inflation growth would be temporary and promised not to change the monetary policy.
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Investors are awaiting the FOMC minutes release to find out whether the Fed will retain its soft monetary policy in the future
2023.07.04
The Dow Jones and S&P 500 stock indices declined on Tuesday, moving back from last week's record highs, while the Nasdaq increased to a new high. The US ISM Services PMI fell from 64 to 60.1 points, i...
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The stock market began to recover after the US Federal Reserve officials said that the rise in inflation is temporary
2023.07.04
The US stock market closed with growth on Thursday. S&P 500 index rose by 1.22%, Dow Jones added 1.29%.
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Gold prices are rising amid the weakening of the dollar. Investors are waiting for the FOMC minutes release
2023.07.04
There was a bank holiday in the US yesterday, so the major indices were not trading.
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Financial markets remain optimistic despite coronavirus outbreaks in Asian countries
2023.07.04
Last week, investors followed the change in the US nonfarm payrolls. In June, the US economy had been increasing the number of jobs for the sixth month in a row, with the job growth to 850,000 against...
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The stock market is falling amid a sharp acceleration of inflation
2023.07.04
On Wednesday, the main U.S. stock indices showed negative dynamics again. Data from the Labor Department showed that consumer prices in the U.S. almost tripled. This is the highest level for the last...
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