Market Overview
Trade relations between the US and China are escalating again. Natural gas rises as inventories fall
2023.09.08
Stocks were also pressured by news that weekly US jobless claims unexpectedly fell to a 7-month low, indicating the strength of the labor market and could prompt the Fed to raise interest rates for lo...
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The Bank of Canada left rates unchanged. China's trade balance data disappointed investors again
2023.09.07
US economic news on Wednesday provided support for the US dollar after the ISM Services Business Activity Index for August unexpectedly rose by 1.8 to a 6-month high of 54.5, which was stronger than e...
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Australia's economy shows resilience to high-interest rates. OPEC+ production cuts support oil rally
2023.09.06
Economic news from the US on Tuesday provided support for the dollar after factory orders fell by 2.1% m/m in July, the biggest decline in 8 months, but stronger than expectations of a 2.5% m/m declin...
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The RBA kept interest rates unchanged. Swiss GDP unexpectedly slowed down
2023.09.05
Canada's economy unexpectedly contracted in the second quarter, with consumer spending slowing sharply and residential investment falling.
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The US labor market is showing signs of cooling. Oil is growing amid rumors of further production cuts
2023.09.04
The latest US jobs report (NFP) showed that 187k new jobs were created in August, slightly above market expectations of 170k.
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Week's main events Week's main events (September 04 – September 08)
2023.09.04
This week may bring economic surprises
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China plans to reduce the amount of foreign exchange. The probability of a rate hike from the US Fed has fallen to a low
2023.09.01
The US PCE index for July, the Fed's preferred inflation index, rose by 0.2% m/m and 3.3% y/y, in line with market expectations
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Eurozone CPI data indicate that inflation is resilient. China's manufacturing data is again disappointing
2023.08.31
US economic news on Wednesday was mostly dovish for Fed policy and bearish for the dollar.
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Stock indices were supported amid weak US economic data. Australia is experiencing a drop in inflation
2023.08.30
The stock indices rose after weaker-than-expected economic news from the US on Tuesday regarding JOLTS job openings for July and consumer confidence for August, pushing bond yields lower and raising t...
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China is trying to stimulate economic growth. The probability of another rate hike by the Fed rose to 67%
2023.08.29
Monday's US economic news was positive for stocks after the August reading of the Dallas Fed's measure of overall business activity in the manufacturing sector rose by 2.8 to a 5-month high of minus 1...
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