Market Overview
As expected, the RBNZ cut the rate by 0.5%. Australia's inflation rate remained at its lowest level since the summer of 2021
2024.11.27
In Australia, the annual CPI reading came in at 2.1%, which is in line with the growth seen in September but below analysts' estimate of 2.3%. This is the lowest inflation rate since July 2021.
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Trump plans to raise tariffs by 10% on goods from China and 25% on goods from Mexico and Canada
2024.11.26
Trump confirmed his plans to impose an additional 10% tariffs on all Chinese goods, adding to fears of global trade tensions. Against this backdrop, the offshore yuan fell to around 7.26 per dollar, n...
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"Trump trades" and geopolitics are the key factors driving market activity
2024.11.25
Investors who bet on "buying a digital asset and the dollar" after Trump's victory are still in profit. Bitcoin is approaching the $100,000 mark and is up about 50% since early October, when markets w...
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Week's main events Week's main events (November 25 – November 29)
2024.11.25
This week, the main focus will be the RBNZ Interest Rate decision, inflation data and FOMC Minutes
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Bitcoin price is approaching 100,000. Natural gas prices rise due to declining inventories and cold weather
2024.11.22
The price of Bitcoin (BTC/USD) rose more than 2%, hitting a new record high above $99,000 on optimism that President-elect Trump's support for digital assets will boost the industry as the US moves to...
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RBNZ may cut the rate by 0.75% next week. NVDA report did not meet investors' expectations
2024.11.21
Nvidia (NVDA) reported fiscal third-quarter results that beat Wall Street estimates, but its plans for the current quarter fell short of investors' inflated expectations amid hot demand for artificial...
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The PBoC kept interest rates. The escalating war between Ukraine and Russia is negatively affecting investor sentiment
2024.11.20
The People's Bank of China (PBOC) kept key lending rates unchanged at the November fixing, in line with market assessments.
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The RBA will maintain a restrictive monetary policy until the end of the year.
2024.11.19
The Australian dollar climbed above $0.65 on Tuesday, rising for the third consecutive session, as investors reacted to minutes from the Reserve Bank of Australia's November meeting.
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The hawkish attitude of FOMC representatives puts pressure on stock indices. Oil is growing amid escalation in Eastern Europe
2024.11.18
Fed Chair Powell's hawkish stance on interest rates pressured the market as he emphasized the strength of the economy, a robust labor market, and steady inflation, which led to lower expectations for...
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Week's main events Week's main events (November 18 – November 22)
2024.11.18
Crypto rally and inflation data will be in focus this week
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