Market Overview Archive

Riksbank and Banxico cut interest rates by 0.25%. BoE, Norges Bank, and PBoC left rates unchanged

2024.12.20

he US economic reports released on Thursday were mostly stronger than expected and pushed bond yields to a 6-month high, which pressured the indices.

The US Federal Reserve cut rates by 0.25% but signaled a more hawkish approach next year.

2024.12.19

The US stocks fell on Wednesday as the Federal Reserve cut interest rates by 25 bps but signaled fewer cuts than previous estimates for next year, triggering a market sell-off.

The Dow Jones has fallen for 9 consecutive trading sessions. Inflationary pressures are easing in Canada.

2024.12.18

Markets will also be looking to Fed Chair Powell's comments after Wednesday's meeting for clues on the future direction of Fed policy.

European indices under pressure amid political and economic weakness in the main countries of the bloc

2024.12.17

Apple and Alphabet hit new all-time highs, while Nvidia fell 2%.

Canadian dollar falls to a four-year low. France loses credit rating

2024.12.16

The Nasdaq Technology Index hit a new record high on Friday, driven by investor enthusiasm for artificial intelligence and the technology sector. The rally was fueled by Broadcom (AVGO) shares' impres...

Week's main events Week's main events (December 16 – December 20)

2024.12.16

A busy economic calendar is expected this week. Firstly, traders should attend the meetings of the US, UK, Japan, and China central banks.

The SNB unexpectedly cut the interest rate by 0.5%. Natural gas prices reached a two-week-high

2024.12.13

The Swiss National Bank (SNB) cut its key rate by 50bps to 0.5% in December 2024, beating market expectations for a smaller 25bps cut. This is the fourth consecutive rate cut and the sharpest since Ja...

The Bank of Canada cut the rate again by 0.5%. Today, traders' attention is directed to the SNB meeting

2024.12.12

At its December meeting, the Bank of Canada (BoC) cut its key interest rate by 50 bps for the second consecutive time, as expected by the markets. This brought the cumulative rate cut to 175 bps from...

Inflation is rising in Germany. Silver prices hit a one-month high

2024.12.11

German annual inflation rose to 2.2% in November 2024 from 2% in October, which is in line with preliminary estimates and the highest in four months. Core inflation, which excludes volatile food and e...

The RBA kept the rate at 4.35%. China plans to actively stimulate the economy in 2025

2024.12.10

Advanced Micro Devices (AMD) shares closed down more than 5% after Bank of America Global Research downgraded the stock to "Neutral" from "Buy," citing downside risks to the company's 2025 expectation...