Market Overview
Semiconductor stocks continue to rally. The first interest rate cuts by central banks are expected in June
2024.03.01
The US core PCE deflator for January declined to 2.8% y/y from 2.9% y/y in December, which matched expectations and was the slowest rate of increase in 2 years.
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The German Index set an all-time high. Bitcoin rate reached 2-year high
2024.02.29
The US stock indices posted moderate losses on Wednesday. Pressure to liquidate long positions from recent record highs weighed on the stock market ahead of Thursday's PCE deflator report, the Fed's p...
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The RBNZ kept the interest rate on hold and took a less hawkish stance. Inflation in Australia is at two-year lows
2024.02.28
Hawkish comments from the Fed supported the dollar and had a limited impact on the indices.
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Inflationary pressures are easing in Japan. Natural gas producers want to stop prices from falling
2024.02.27
In extended trading, Zoom Video (ZM) shares jumped by 10% after beating revenue and earnings expectations, while Unity Software fell by 18% after reporting weak financial guidance.
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Israel and Hamas are close to negotiations. Bank of America believes that it is not yet time to sell the dollar
2024.02.26
On Friday, the US dollar index posted its first weekly decline in 2024 as investors took a break from buying the currency after a nearly two-month rally built on expectations that the Federal Reserve...
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Week's main events Week's main events (February 26 – March 01)
2024.02.26
The focus this week is on the RBNZ meeting, inflation data, and PMI statistics
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Rising stock indices overshadowed hawkish speeches by US Fed policymakers. Canada is seeing a drop in retail sales
2024.02.23
Hawkish comments from policymakers failed to stop the indices from rising yesterday.
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NVIDIA reported record earnings and issued an encouraging outlook. Traders are no longer reacting to the Fed's hawkish bias
2024.02.22
Minutes from the January 30-31 FOMC meeting proved hawkish, as it said most participants noted the risks of easing policy too quickly and stressed the importance of carefully evaluating incoming data...
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Canada is seeing a sharp decline in inflation. SNB continues to increase foreign exchange reserves
2024.02.21
Tesla (TSLA) shares fell more than 3% after Phillip Securities downgraded the stock to "neutral."
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European indices set new price highs. PBoC cut the rate on 5-year loans
2024.02.20
Silver (XAGUSD) prices are trading around $23 an ounce, moving away from the seven-week high of $23.4 an ounce reached on February 16, as traders continue adjusting their bets on a Fed rate cut.
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