Market Overview

European indices grow on the ECB's "dovish" position. Quarterly reports of mega-companies support the broad market

2024.04.29
Stock indices maintained gains despite economic news from the US, which showed that March personal spending and the March core PCE deflator rose more than expected, a hawkish factor for Fed policy.
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Week's main events Week's main events (April 29 – May 03)

2024.04.29
FOMC meeting, Nonfarm payrolls report, and Norges Bank decision are in the focus of the investors this week
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Today, investors' focus is on the PCE Price Index inflation report

2024.04.26
The March Personal Consumption Goods Price Index is predicted to show a mixed picture of inflationary trends, which could strengthen the US Federal Reserve's resolve to refrain from raising interest r...
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QCOM wants to create competition in the AI chip market. Hong Kong index hits five-month high

2024.04.25
Meta (META) achieved record first-quarter sales, showing strong growth in its advertising business thanks to new advances in artificial intelligence.
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TSLA shares rose on a weak report. Inflationary pressures are easing in Australia

2024.04.24
Tesla's (TSLA) first-quarter net income fell by 55%, but its share price rose in aftermarket trading Tuesday as the company said it would accelerate production of new, more affordable vehicles.
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PMI data is the focus of investors' attention today. Turkey, Iraq, Qatar, and UAE signed a transportation agreement

2024.04.23
About 180 companies in the S&P 500 (US500), or more than 40% of total capitalization, are scheduled to report earnings this week, including four of the "Magnificent Seven" technology companies: Tesla...
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Geopolitical risks in the Middle East are declining. China kept interest rates at lows

2024.04.22
The House of Representatives quickly approved $95 billion in foreign aid for Ukraine, Israel, and other US allies in a rare Saturday session as Democrats and Republicans united after months of stiff r...
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Week's main events Week's main events (April 22 – April 26)

2024.04.22
Investors' focus this week is on Bank of Japan meetings, US PCE data, and the reporting season
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Israel has retaliated against Iran. Investors run to safe assets

2024.04.19
Meta Platforms (META) is up more than 1% and led the NASDAQ (US100) risers after Moody's Ratings Services upgraded the company's senior unsecured debt rating to Aa3 from A1.
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The US natural gas prices fell to a 2-month low. A drop in the technology sector on Wednesday had a negative impact on the broad market

2024.04.18
Cipollone of the ECB executive board said that if incoming data confirms that inflation is returning to the 2% target, removing some of the restrictive measures introduced in 2023 would be appropriate...
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