Market Overview
European gas prices jump to an 8-month high. Canada's labor market is cooling down
2024.08.12
Norway's annualized consumer inflation rate rose to 2.8% in July 2024 from a three-and-a-half-year low of 2.6% in June, which is in line with market expectations.
Read more
Week's main events Week's main events (August 12 – August 16)
2024.08.12
Investors' attention this week is focused on the RBNZ meeting, as well as the inflation data in the US and UK
Read more
The Bank of Mexico unexpectedly cut its interest rate. China's consumer inflation is on the rise
2024.08.09
The Bank of Mexico cut its benchmark interest rate by 0.25% to 10.75% in August 2024, defying market expectations amid ongoing economic concerns.
Read more
RBI kept rates at 6.5%. The Canadian dollar is strengthening due to foreign currency inflows and rising oil prices
2024.08.08
The Canadian dollar strengthened to 1.37 per US dollar, recovering from an eight-month low of 1.388 hit on August 1, thanks to an improving outlook for foreign exchange inflows and reduced fears of a...
Read more
Panic selling of indices is over. New Zealand's rising unemployment brings the RBNZ easing cycle closer
2024.08.07
New Zealand's unemployment rate rose to 4.6% in the three months to June 2024, following an upwardly revised 4.4% in the previous quarter
Read more
Forced closures of carry-trade positions led to a crash in indices on Monday. The RBA maintained its policy settings
2024.08.06
The Reserve Bank of Australia (RBA) left interest rates unchanged for the sixth consecutive meeting but reiterated that it did not rule out further rate hikes to control inflation.
Read more
The US dollar fell to a 12-year low. Bitcoin lost 10% of its value during the day
2024.08.05
Bitcoin fell 10% to below 53,000 on Monday, hitting a more than five-month low, as rising fears of a US recession prompted investors to shed risky assets, including digital currencies, stocks, commodi...
Read more
Week's main events Week's main events (August 05 – August 09)
2024.08.05
RBA rate decision will be central topics for investors this week
Read more
Stock indices sold off on concerns that the Fed is behind on rate cuts.
2024.08.02
Stock indices sold off on concerns that the Fed is behind on rate cuts.
Read more
The US Federal Reserve is set to cut rates in September. Today, investors are focused on the Bank of England meeting
2024.08.01
According to economists, the Bank of England is set to begin its easing cycle today, cutting its key benchmark rate by 25 bps to 5% from a 16-year high of 5.25%.
Read more
