Market Overview

Oil prices are declining amid growing geopolitical risk in the Middle East. The FOMC minutes were mixed

2023.10.12
According to the FOMC minutes released on Wednesday last month, the Federal Reserve leadership considered the outlook for the US economy uncertain and said it would "proceed cautiously" in deciding wh...
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China is preparing a massive economic stimulus. The International Monetary Fund has lowered its GDP forecast for 2024

2023.10.11
The International Monetary Fund (IMF) warned of persistent inflation and urged the world's central banks to maintain tight policy until price pressures ease, lowering its 2024 global GDP forecast to 2...
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Oil rises amid concerns about lower supplies from the Middle East. Chinese stocks are showing weakness after the holidays

2023.10.10
Another positive upside for equities is Monday's 4% rise in crude oil prices, which sparked a rally in energy stocks.
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Geopolitical risk returns with renewed vigor

2023.10.09
Canada's labor market beat expectations for the third consecutive month, and wage growth accelerated.
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Week's main events Week's main events (October 09 – October 13)

2023.10.09
US Inflation data, FOMC minutes, and geopolitical risks will be central topics for investors this week
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Markets are expecting a strong Nonfarm Payrolls report. Natural gas prices jumped to an 8-month high

2023.10.06
The US weekly initial jobless claims rose by 2,000 to 207,000, a sign of a resilient labor market versus expectations of 210,000.
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Weak ADP employment data supported stock indices. Australia has seen an increase in exports

2023.10.05
The ADP US employment change for September came in at an 89,000 increase, weaker than expectations of 150,000 and the lowest increase in 2.5 years.
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The yields of government bonds continue to update the maximums. RBNZ left the rate unchanged

2023.10.04
JPMorgan Asset Management warned that there is a risk of further stock market declines due to rising interest rates, "We didn't expect this rate hike. This is something that will at least slow or even...
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OPEC+ plans to maintain production cuts. The RBA left the rate unchanged

2023.10.03
Fed Chair Bowman's hawkish comments on Monday were favorable for the dollar when she stated: "I continue to expect that further interest rate increases are likely to be needed to bring inflation back...
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US politicians passed temporary funding legislation and avoided a shutdown. Inflation in the US and Europe continues to decline

2023.10.02
The fundamental picture in the stock market appears to be changing as stocks are unable to bounce back with the same vigor.
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