Market Overview
Banks are predicting a recession next year. Santa Claus rally postponed
2023.07.04
As the stock market closed Tuesday, the Dow Jones Index (US30) decreased by 1.03%, and the S&P 500 Index (US500) lost 1.44%.
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The Reserve Bank of Australia expectedly to raise its rate by 0.25%. The economic outlook for the Eurozone is deteriorating
2023.07.04
As the stock market closed Monday, the Dow Jones Index (US30) decreased by 1.40%, and the S&P500 Index (US500) lost 1.79%.
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China eases Covid restrictions. The dollar index fell to a 5-month low amid expectations of a rate hike slowdown
2023.07.04
At the close of the stock market on Friday, the Dow Jones Index (US30) increased by 0.10% (+0.45% for the week), while the S&P 500 Index (US500) decreased by 0.12% (+1.66% for the week).
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Week's main events Week's main events (December 05 – December 09)
2023.07.04
This week, the main focus of investors is on the BOC and RBA interest rate meetings
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EU governments have set a price ceiling for Russian oil. NFP report in the spotlight today
2023.07.04
The US stock market traded mixed yesterday ahead of the monthly jobs report due today.
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The US Federal Reserve will reduce the pace of rate hikes. Inflation in the Eurozone is falling
2023.07.04
Federal Reserve Chairman Jerome Powell said Wednesday that the rate hikes are likely to slow, but the peak rate will be higher than previously expected, as there is a long way to go to curb inflation.
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China's economic indicators continue to deteriorate. Inflation in European countries is declining
2023.07.04
The US indices were trading yesterday without a single trend. At the close of the stock market, the Dow Jones Index (US30) gained 0.09%, while the S&P 500 index (US500) decreased by 0.16%.
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Goldman Sachs dampened investor enthusiasm for 2023. Fed officials talk again about further tightening
2023.07.04
As the stock market closed Monday, the Dow Jones Index (US30) decreased by 1.45%, and the S&P 500 Index (US500) lost 1.54%.
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Week's main events Week's main events (November 28– December 02)
2023.07.04
This week, the main focus will be the US labor market data, the inflation rate in Europe, as well as the Manufacturing PMI
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Sales in the United States on Black Friday reached a record high, despite high inflation
2023.07.04
At the stock market close, the Dow Jones Index (US30) increased by 0.45% (+2.20% for the week), while the S&P 500 Index (US500) decreased by 0.03% (+1.51% for the week).
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