Market Overview
Fed chief hints at another rate hike. Oil may come under pressure in the coming weeks
2023.08.28
Chairman Jerome Powell said on Friday that policymakers are prepared to raise interest rates further if necessary but also signaled that they may keep rates at current levels in September if economic...
Read more
Week's main events Week's main events (August 28 – September 01)
2023.08.28
This week, the main focus will be the US labor market data, the inflation rate in Europe, as well as the Manufacturing PMI
Read more
The US stock market is under a sell-off on hawkish comments from FOMC representatives. Japan is seeing a decline in inflation
2023.08.25
On Thursday, the Fed's hawkish comments were bullish for the dollar index and bearish for stock indices.
Read more
China seeks rapid BRICS expansion. The US central bank's economic symposium will begin today
2023.08.24
Shares of major technology companies rose ahead of Nvidia's quarterly results. On Wednesday, NVIDIA Corporation (NVDA) reported better-than-expected second-quarter results and an encouraging outlook a...
Read more
Canada is on the verge of a housing bubble. US indices are under renewed pressure ahead of the Jackson Hole Symposium
2023.08.23
According to economists, Canada is likely sitting on the biggest housing bubble of all time. Canadians' level of debt relative to their income puts many in a precarious position if mortgage rates cont...
Read more
Warren Buffett is investing in real estate. The New Zealand dollar has fallen for ten days in a row
2023.08.22
Technology stocks rose thanks to a more than 6% rise in NVIDIA Corporation (NVDA) ahead of the chipmaker's quarterly results due on Wednesday.
Read more
China has cut its benchmark interest rate. Oil may come under pressure in the coming weeks
2023.08.21
The Jackson Hole Symposium is scheduled to begin on Thursday of this week. Various academics, bank chiefs, and central bank governors gather to discuss monetary policy and financial markets.
Read more
Week's main events Week's main events (August 21 – August 25)
2023.08.21
This week's focus is on the Jackson Hole Symposium, PMI data, and PBoC prime rate
Read more
A resilient US labor market proved to be a headwind for stock indices. Norges Bank continued to increase interest rates
2023.08.18
US weekly initial jobless claims fell by 9,000 to 239,000, showing a stronger labor market than expected at 240,000.
Read more
US stock indices under pressure from hawkish FOMC minutes. Eurozone countries are slipping into recession.
2023.08.17
According to the FOMC minutes of the US Federal Reserve's July 25-26 meeting released Wednesday last month, most Fed officials still viewed high inflation as a persistent threat that could warrant fur...
Read more
