Market Overview Archive - Page 12 of 195

The RBNZ maintained its hawkish bias, leaving the interest rate at 5.5%. Inflationary pressures are easing in Canada

2024.05.22

AstraZeneca Plc (AZN) closed higher by more than 2% after the company said it expects to generate $80 billion in cumulative revenue by 2030 from "significant growth" in its portfolio of existing oncol...

Today, traders are focused on Canadian inflation data and waiting for the RBNZ interest rate decision

2024.05.21

On Wednesday, markets will wait for the minutes from the May 1 FOMC meeting to see how close the Fed is to cutting interest rates.

Precious and industrial metals show strong growth. Oil grows amid the news about the death of Iran's leader

2024.05.20

Advanced Micro Devices (AMD) shares rose more than 2% on Friday after Wolfe Research added it to its alpha list, replacing Nvidia (NVDA).

Week's main events Week's main events (May 20 – May 24)

2024.05.20

This week's focus is on the FOMC minutes, PMI data, inflation data, and RBNZ interest rate decision

Natural gas prices rose to a 4-month high. China released mixed data

2024.05.17

Meta Platforms (META) closed down more than 1% after the European Union announced an audit of the company over concerns that its algorithms illegally exploit the weakness of children to addict them to...

Stock indices have hit all-time highs. The Australian labor market is starting to cool down

2024.05.16

Markets estimate the odds of a 25 bps rate cut at 10% at the June 11–12 FOMC meeting and 38% at the next meeting on July 30–31.

PBoC kept the interest rate unchanged. The US stock indices rise despite rising manufacturing inflation

2024.05.15

Wunsch, an ECB Governing Council member, said the ECB should not be in a hurry to cut interest rates further after a likely first cut in June as "wage pressures persist, keeping service sector inflati...

Australia will release its annual budget today. Rising inflation expectations hurt US stock indices

2024.05.14

Apple (AAPL) closed higher by more than 2% after it was reported that the company is close to an agreement to use OpenAI technology in Apple's upcoming iOS 18 mobile operating system.