Market Overview
Week's main events Week's main events (November 20– November 24)
2023.11.20
FOMC minutes, Canadian and Japanese inflation data, and oil prices will be in focus this week
Read more
Oil prices fell to a 4-month low. China's economy shows signs of recovery
2023.11.17
US weekly jobless claims rose by 32,000 to a two-year high of 1.865 million, indicating a weak labor market versus expectations of 1.843 million.
Read more
Japan's GDP contracted in the third quarter. The UK has seen inflation fall sharply
2023.11.15
Comments from FRB President Richmond Barkin indicated that he favors maintaining a pause in Fed rate hikes when he stated that the impact of rate hikes may be delayed, but with rates capped, the Fed h...
Read more
Japanese policymakers are ready to intervene to support the yen. In the US, inflationary pressures are expected to ease
2023.11.14
On Friday, Moody's Investors Service downgraded its outlook on the US credit rating from stable to negative, citing rising budget deficits and political polarization.
Read more
US stock indices reached 2-month highs. The earning season met investors' expectations
2023.11.13
Friday's Fed comments had a mixed impact on stocks.
Read more
Week's main events Week's main events (November 13– November 17)
2023.11.13
Investors' attention this week is focused on inflation data from leading economies
Read more
Recovery conditions are forming for oil. Powell's hawkish comments pressured the broad market
2023.11.10
US weekly jobless claims unexpectedly fell by 3,000 to 217,000, matching expectations of 218,000.
Read more
China is once again facing disinflation problems. BoE head pointed to the bank's "dovish" stance
2023.11.09
The US economic news on Wednesday was favorable for the dollar as wholesale sales for September rose by 2.2% m/m, which exceeded expectations of 0.9% and was the largest increase in 20 months. Meanwhi...
Read more
Weak economic data weakens energy demand. The Bank of England is thinking about cutting rates next year
2023.11.08
The comments from Fed officials on Tuesday eased speculation that the Fed had stopped raising interest rates and proved bullish for the dollar.
Read more
The RBA expectedly raised the rate by 0.25%. OPEC+ countries will maintain crude oil production cuts until the end of the year
2023.11.07
On Monday, optimistic comments from Fed Vice Chair Brainard were favorable for stocks when she said the economy is performing exceptionally well and is near the point of sustained growth, with most fo...
Read more