Market Overview
Stock indices saw a sharp sell-off yesterday amid hawkish comments from FOMC officials
2024.04.05
US stock indices opened higher on Thursday on positivity from Wednesday, with Federal Reserve Chairman Jerome Powell reiterating his view that it would probably be appropriate to start cutting interes...
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Inflationary pressures in Europe continue to decline. OPEC+ countries continued their voluntary production cuts
2024.04.04
Atlanta Fed President Bostic said yesterday that due to the uneven nature of inflation progress, it will likely be appropriate for the Fed to cut interest rates later this year, in the fourth quarter.
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Oil prices continue to rise steadily. There is an outflow of funds from Bitcoin ETFs
2024.04.03
Tesla (TSLA) is down more than 5% and topped the NASDAQ (US100) losers list after reporting first-quarter vehicle deliveries of 386,810 units, well below the consensus forecast of 449,080 units.
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Natural gas prices rise amid production cuts. US stock indices under pressure from rising government bond yields
2024.04.02
Alphabet (GOOGL) closed at a record high (+3%) after agreeing to delete web browsing data collected from users of its Chrome browser to settle a class action lawsuit that alleged the company tracked p...
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Oil rises ahead of this week's OPEC+ meeting. Inflation is rising in Indonesia
2024.04.01
The dollar index settled at 104.5 in post-holiday trading on Monday. Investors are digesting the latest PCE Price Index report, searching for clues about the Federal Reserve's future monetary policy.
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Week's main events Week's main events (April 01 – April 05)
2024.04.01
This week's main events are the US nonfarm payrolls report and the OPEC meeting
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Today most financial markets are closed due to the Good Friday holiday
2024.03.29
US weekly initial jobless claims unexpectedly fell by 2,000 to 210,000, indicating a stronger labor market than expectations of a rise to 212,000. US GDP for Q4 was revised upward to 3.4% (QoQ), which...
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The Australian and German indexes set all-time highs. The Reserve Bank of South Africa kept the rate at 8.25%
2024.03.28
Merck's (MRK) stock price rose more than 4% and topped the Dow Jones Industrials Index after its pulmonary arterial hypertension drug Winrevair received approval from the US Food and Drug Administrati...
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Australia has seen a decline in inflationary pressures. Japan may conduct currency intervention shortly
2024.03.27
Tesla (TSLA) closed higher by more than 2% after it was revealed that Italy's Ministry of Industry has contacted the company about the potential production of electric trucks.
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Trade restrictions between the US and China are intensifying. Japan's currency diplomats talk about possible intervention to support the yen
2024.03.26
Atlanta Fed President Bostic said that if the economy performs as expected, the Fed can be patient with interest rates, and he expects only one 25 bps rate cut this year.
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