Market Overview
The US Fed is likely to reduce the pace of rate hikes. The ECB remains on an aggressive path
2023.07.04
The Dow Jones Index (US30) increased by 0.40% (+1.90% for the week), and the S&P 500 Index (US500) added 0.40% (+2.26% for the week) at the close of the stock market on Friday.
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China plans to open to tourists in spring 2023. Bank of Japan may adjust its ultra-soft policy
2023.07.04
As the stock market closed on Tuesday, the Dow Jones Index (US30) decreased by 0.24%, and the S&P500 Index (US500) lost 0.41%.
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Week's main events Week's main events (August 15 – August 19)
2023.07.04
This week, investors will focus on the FOMC minutes of the July meeting, which will analyze for clues about the size of September rate hikes.
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Oil prices are declining. Investors buy Asian shares on expectations of stimulus from the People's Bank of China
2023.07.04
The focus for traders this week remains the FOMC minutes, data on US industrial production and retail sales for July, and quarterly reports from US retailers.
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China's economic indicators are declining. Europe is forecasting a recession
2023.07.04
The University of Michigan index for August 2022 rose to 55.1 from 52.5. According to the report, the US inflation is expected to be 5% by year-end (5.2% previously).
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Russian citizens may be banned from obtaining Schengen visas to Europe. Gas prices in Europe are breaking new records
2023.07.04
US Federal Reserve officials tried to temper expectations for looser policy, and Neel Kashkari said at a conference on Wednesday that the Central Bank is a long way from declaring victory.
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Stock markets in the US and Europe reacted positively to the slowdown in inflation in the US
2023.07.04
The US stock market rose Wednesday after the release of inflation data for July, which showed that price pressures eased. The overall Consumer Price Index for July was 8.5%, down from the 8.7% expecte...
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In Europe, the gas crisis intensifies on the eve of winter. The US Federal Reserve is ready to cut its balance sheet
2023.07.04
The US stock indices were trading lower yesterday ahead of the inflation data, indicating that investors were probably closing their positions before the important report.
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Russia creates "nuclear terrorism" at the nuclear power plant in Ukraine. Europe's growth outlook worsens
2023.07.04
A strong non-farm payrolls report on Friday dashed hopes that the Federal Reserve might tone down its aggressive campaign to rein in the highest inflation in decades.
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Week's main events Week's main events (August 08 – August 12)
2023.07.04
It will be a relatively quiet week for economic events. The main focus of investors will be the US inflation rate data. Economists expect the annual inflation rate to be moderate and show little chang...
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