Market Overview Archive - Page 5 of 195

Oil prices are declining due to weakening demand from China. US and European stock indices continue to rise in price

2024.08.19

WTI crude futures fell 1.9% to settle at $76.65 per barrel on Friday following reports that Qatar urged Iran to ease tensions with Israel during ceasefire talks in the Gaza Strip.

Week's main events Week's main events (August 19 – August 23)

2024.08.19

This week focuses on the Jackson Hole Symposium, CPI reports, and PMI data

The German DAX Index has risen for 8 consecutive sessions. Malaysia's GDP shows strong growth

2024.08.16

Germany's DAX (DE40) Index has risen for 8 consecutive sessions, and it has nearly reversed losses from the global equity sell-off that ended last week.

Indices rise amid lower inflation in the US. Oil returned to decline due to reduced tension in the Middle East

2024.08.15

WTI crude oil prices fell by 1.7%, marking a second straight day of losses following President Biden's comments that Iran may not attack Israel if a ceasefire in Gaza is reached.

RBNZ unexpectedly decreased the rate by 0.25%. Today the focus of investors is directed to the data on the inflation of the US and the UK

2024.08.14

On Tuesday, Atlanta Fed President Bostic made dovish comments that supported stocks, stating that he would likely be willing to support a Fed rate cut.

WTI crude oil prices rise for the 5th day in a row. Australian dollar rises amid strong economic data

2024.08.13

WTI crude futures rose by 4.2% to close at $80.06 a barrel on Monday, rising for a fifth straight day amid an escalating conflict in the Middle East that threatens to cut global oil supplies.

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.

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

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.

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...