Market Overview
Indices decline amid hawkish comments from the Fed. Investors are waiting for Israel's answer
2024.04.17
ECB President Lagarde said yesterday that unless there are major shocks to developments, the ECB is approaching a point where the bank will have to moderate its restrictive monetary policy.
Read more
Stock indices sell-off amid rising geopolitical tensions in the Middle East. China's GDP grew the most in a year
2024.04.16
Tesla (TSLA) closed down more than 5%, topping the Nasdaq 100 losers list, after CEO Musk said the company will cut its global workforce by more than 10% as demand for electric vehicles slows.
Read more
Escalating conflict in the Middle East is forcing investors to shift funds to safe assets
2024.04.15
Following last week's alleged Israeli strike on senior Iranian military commanders in a Syrian compound, market participants were spooked as a flurry of reports emerged towards the end of the week tha...
Read more
Week's main events Week's main events (April 15 – April 19)
2024.04.15
Geopolitical tensions in the Middle East as well as key inflation data will be in focus this week
Read more
Singapore's central bank (MAS) maintained its monetary policy settings. The ECB hinted at a rate cut soon
2024.04.12
New York Fed President Williams said the Fed has made tremendous progress in balancing inflation and employment, but there is no need to lower interest rates soon.
Read more
The Bank of Canada maintained its monetary policy settings. The FOMC minutes showed that policymakers will not be in a hurry to cut rates
2024.04.11
Minutes from the March FOMC meeting showed that the Federal Reserve does not believe it is appropriate to lower the target range until there is confidence that inflation is moving steadily toward 2%.
Read more
The RBNZ kept the interest rate at 5.5%. Intel plans to compete with Nvidia in AI chips
2024.04.10
The first quarter corporate earnings season kicks off this Friday with the release of results from major banks, including JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC).
Read more
Israel and Hamas have not reached an agreement. Markets await US consumer price report
2024.04.09
Nike (NKE) shares are up more than 1% and led the Dow Jones Industrials higher after Hedgeye Risk Management upgraded the stock to a "buy" from a "hold" rating.
Read more
Israel withdraws troops from the southern Gaza Strip. Canada's labor market remains resilient
2024.04.08
Dallas Fed President Logan said on Friday that it was "too early" to cut interest rates because there are concerns that inflationary progress could stall and that price growth may not cool down to the...
Read more
Week's main events Week's main events (April 08 – April 12)
2024.04.08
The focus of attention this week is on US inflation data, FOMC protocol as well as the ECB, RBNZ and BoC meetings
Read more
