Market Overview
In the US, there is a rotation of funds between sectors. Quarterly earnings for the second quarter are not yet in line with forecasts
2023.07.24
American Express's (AXP) shares fell nearly 4% after the credit card giant missed quarterly earnings expectations and posted a weak full-year profit outlook.
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Week's main events Week's main events (July 24 – July 28)
2023.07.24
This week's focus is on the US Fed, Eurozone ECB, and Japan BoJ meetings
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Nasdaq falls amid weak TSLA and NFLX reports. Analysts are betting on NVDA
2023.07.21
Shares of Tesla (TSLA) fell more than 9% at the open yesterday and were on track for the biggest one-day percentage drop after the electric car maker reported second-quarter gross profit fell to a fou...
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China's Central Bank left the interest rate unchanged. Australia's labor market remains resilient
2023.07.20
Investment bank Credit Suisse raised its year-end growth target for the S&P 500 (US500) from 4050 to 4700 points as the risk of a near-term recession in the US declines and forecasts larger earnings f...
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Global inflationary pressures continue to decline. Today, investors' focus is on the quarterly reports of Tesla and Netflix
2023.07.19
Morgan Stanley (MS) jumped by 6% after second-quarter results beat both top and bottom lines forecasts.
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The US reporting season is heating up. The People's Bank of China may cut rates to support the economy
2023.07.18
The Business Activity Index of New York State companies fell slightly in July, despite rising orders and easing inflationary pressures.
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China is experiencing a slowdown in economic growth. In the US, the reporting period for the second quarter has started
2023.07.17
Rising interest rates, which surprised many US banks, proved to be a boon for the nation's largest banks.
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Week's main events Week's main events (July 17 – July 21)
2023.07.17
The focus this week is on the inflation data in the EU, UK, Canada, Japan, and New Zealand
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Global inflationary pressures continue to ease. The RBA will have a new governor
2023.07.14
Factory inflation (PPI) in the US declined over the past month, another sign that overall inflationary pressures are cooling.
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US inflation is falling sharply. China's trade balance points to a slowing economy
2023.07.13
The US Treasury yields also declined following a weak inflation reading, as the data combined with signs of a cooling labor market spurred bets that the Fed is likely to soften its hawkish stance in t...
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