Market Overview
The US Currency Is Under Pressure
2023.07.04
The US dollar is declining against a basket of currency majors due to uncertainty concerning the new package of measures to help the US economy. The dollar index has updated local lows.
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According to central bankers, the era of ultra-low inflation will not return soon
2023.07.04
Federal Reserve Chairman Jerome Powell reiterated the Central Bank's commitment to tighten monetary policy further to reduce inflation as GDP data showed a faster-than-expected decline in quarterly ec...
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Investors Are Evaluating the Results of the G20 Summit
2023.07.04
The USD strengthened against the major currencies. A G20 summit happened on Friday. Some economic reports were published in the EU and Canada. The oil market sees aggressive purchases.
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Investors Expect G20 Summit
2023.07.04
The US dollar has not changed a lot against a basket of major currencies. Investors expect a meeting between the US President Donald Trump and China’s leader Xi Jinping. The "black gold" prices are re...
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The USD Index Is In the Green
2023.07.04
The investors are evaluating the ECB meeting. Today we expect important reports from the EU and the US. Prices on oil are lowering after the previous growth.
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The attention is focused on the Fed meeting
2023.07.04
Market overview on May 03, 2017: Improvement of the business activity in the UK manufacturing sector, the New Zealand labor market report and the US Federal Reserve meeting.
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The USD Started to Descend
2023.07.04
The American currency weakened against the basket of major currencies due to ambiguous economic reports. GBP is rising after the vote of No Confidence to Theresa May failed. Prices on oil are consolid...
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The USD Index Updated Monthly Maximums
2023.07.04
The USD strengthened against the basket of major currencies due to the recovery of the US Treasury bonds' 10-year yield. GBP remains under pressure due to Brexit. The quotes on oil are growing.
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Europe has failed to agree on a new package of sanctions against Russia. China will lift restrictions in Beijing and Shanghai
2023.07.04
At the close of the stock market on Friday, the Dow Jones Index (US30) gained 1.76% (+5.79% for the week), and the S&P500 Index (US500) added 2.47% (+6.09% for the week).
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Week's main events Week's main events (May 30 – June 03)
2023.07.04
This week promises to be volatile due to a lot of important events. The US Nonfarm Payrolls is the main event of the week, as it is one of the most important parameters for the Fed’s monetary policy d...
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