Market Overview Archive - Page 2 of 198

The Bank of Canada cut the rate by 0.5%. Stock indices under selling pressure ahead of US elections

2024.10.24

The Canadian dollar fell to 1.38 per dollar, its lowest since August, after the Bank of Canada (BoC) cut rates by 50 bps and signaled that it will likely continue to lower its benchmark rate.

The Bank of Canada is set to cut rates by 0.5%. IMF lowered growth rates for key economies

2024.10.23

The International Monetary Fund (IMF) lowered its 2025 global economic growth projection to 3.2%, down 0.1% from its July estimate, leaving its estimate for this year unchanged at 3.2%.

The rise in the Dollar Index is putting pressure on stock indices. MXN rate fell to a 6-week low

2024.10.22

On Monday, the Dollar Index approached levels not seen since early August as hopes of a near-term interest rate cut by the Federal Reserve wane.

Oil prices were down by 10% in 2 weeks, and natural gas lost 19%. The PBoC cut interest rates

2024.10.21

The world's Central Bank governors and finance ministers will gather in Washington today for the annual meeting of the International Monetary Fund and the World Bank to discuss how countries can cope...

Week's main events Week's main events (October 21 - October 25)

2024.10.21

The focus this week is PBoC and BoC interest rates, Tokyo inflation, and the US reporting season

PBoC launches new stimulus for the economy. Silver hits two-month high

2024.10.18

Silver (XAG/USD) prices climbed above $32 an ounce to a two-week high on Friday, following gold prices higher as uncertainty surrounding the upcoming US election and rising tensions in the Middle East...

A strong Australian labor market report reinforced the RBA's hawkish stance. Banks in Thailand and the Philippines cut interest rates

2024.10.17

The Bank of Thailand unexpectedly cut its key interest rate by 25 basis points to 2.25% at its October meeting, the first-rate cut since early 2020.

Inflationary pressures continue to ease in the UK and New Zealand

2024.10.16

WTI crude oil prices fell by 4.4% to $70.6 per barrel on Tuesday following reports that Israel may avoid strikes on Iran's oil infrastructure, easing fears of major supply disruptions in the region.

India is experiencing a surge in inflation. US stock indices are once again updating historical highs.

2024.10.15

India's annual inflation rate for September 2024 rose to 5.49% from 3.65% in the previous month, well above market estimates of 5%.

China is experiencing a deflationary trend. Rating agencies downgraded France

2024.10.14

China's annual inflation rate in September 2024 was 0.4%, below market projections and August's 0.6%. It was the 8th month of consumer inflation but the lowest since June, underscoring the need for mo...