Market Overview Archive - Page 4 of 200

Bitcoin has reached the $70,000 mark. The Canadian dollar fell to last year's lows

2024.10.29

Bitcoin (BTC/USD) broke the key $70,000 mark this week for the first time since June, driven by strong inflows into US Bitcoin spot exchange-traded funds.

Week's main events Week's main events (October 28 - November 1)

2024.10.28

Nonfarm payrolls report inflation data, and BoJ decisions are in the focus of the investors this week.

The growing probability of Trump's victory provides support for the US dollar. Oil is under selling pressure

2024.10.28

On the political front, market odds point to Trump retaking the White House in November, boosting the dollar and Treasury bond yields on the back of inflationary policies such as rate hikes and tax cu...

Bank of England may delay rate cut. Inflation in Tokyo continues to decline

2024.10.25

UK Finance Minister Rachel Reeves may allow more borrowing in the upcoming budget, which could delay the Bank of England's (BoE) rate cut.

The Bank of Canada cut the rate by 0.5%. Stock indices under selling pressure ahead of US elections

2024.10.24

The Canadian dollar fell to 1.38 per dollar, its lowest since August, after the Bank of Canada (BoC) cut rates by 50 bps and signaled that it will likely continue to lower its benchmark rate.

The Bank of Canada is set to cut rates by 0.5%. IMF lowered growth rates for key economies

2024.10.23

The International Monetary Fund (IMF) lowered its 2025 global economic growth projection to 3.2%, down 0.1% from its July estimate, leaving its estimate for this year unchanged at 3.2%.

The rise in the Dollar Index is putting pressure on stock indices. MXN rate fell to a 6-week low

2024.10.22

On Monday, the Dollar Index approached levels not seen since early August as hopes of a near-term interest rate cut by the Federal Reserve wane.

Oil prices were down by 10% in 2 weeks, and natural gas lost 19%. The PBoC cut interest rates

2024.10.21

The world's Central Bank governors and finance ministers will gather in Washington today for the annual meeting of the International Monetary Fund and the World Bank to discuss how countries can cope...

Week's main events Week's main events (October 21 - October 25)

2024.10.21

The focus this week is PBoC and BoC interest rates, Tokyo inflation, and the US reporting season

PBoC launches new stimulus for the economy. Silver hits two-month high

2024.10.18

Silver (XAG/USD) prices climbed above $32 an ounce to a two-week high on Friday, following gold prices higher as uncertainty surrounding the upcoming US election and rising tensions in the Middle East...