Market Overview Archive - Page 5 of 202

Stock indices rise on weak US labor market report. In Switzerland, there is a further decline in inflation

2024.11.04

Switzerland's annual inflation rate fell to 0.6% in October 2024, the lowest since June 2021, down from 0.8% in September and below estimates of 0.8%. Markets currently give a 72% probability that the...

Week's main events Week's main events (November 04 – November 08)

2024.11.04

Investors' focus this week is on the US Presidential election, as well as the Fed, BoE and RBA meetings

Investors' main focus today is on the NonFarm Payrolls report. Iran is preparing for a new attack on Israel

2024.11.01

Today, the US Nonfarm Payrolls report will be released. Economists believe the labor market will add only 111,000 jobs in October, down significantly from 254,000 in September.

Stock indices under pressure ahead of US elections. Oil strengthened due to lower inventories

2024.10.31

WTI crude oil prices rose to around $69 a barrel on Thursday, extending gains of more than 2% from the previous session, helped by an unexpected decline in US inventories.

Australia has seen a sharp decline in inflationary pressures. Silver rose to $34 an ounce

2024.10.30

In Australia, annual inflation fell to 2.8% in the third quarter, down from 3.8% in the previous quarter and slightly below the expected 2.9%. This marked the first time inflation has returned to the...

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.