Market Overview
Week's main events Week's main events (September 09 – September 13)
2024.09.09
Investors' attention this week is focused on US inflation data and ECB Interest Rate Decision
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Japan's leading indicators point to economic growth. Typhoon disrupted the work of the Hong Kong stock exchange
2024.09.06
Japan's Leading Economic Index indicators, which are used to gauge the economic outlook several months ahead on data such as job offers and consumer sentiment, rose to 109.5 in July 2024 from a margin...
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The Bank of Canada cut the rate by 0.25%. Oil continues to fall in price
2024.09.05
The Bank of Canada (BoC) decided on a 25 bps rate cut, which was widely expected, citing growing economic concerns amid inflation approaching the Central Bank's 2% target.
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Oil fell to the lowest level of the year. Stock indices are under pressure from weak economic data
2024.09.04
WTI crude oil prices fell more than 4% below $71/bbl on Tuesday, the lowest since early January, as weak demand amplified the impact of relatively ample supply.
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Natural gas rises amid rising demand. The manufacturing sector in Australia and China shows a decline
2024.09.03
The Australian dollar fell as low as $0.675, hitting a more than one-week low, as lower iron ore and other commodity prices pressured the currency as the country's economy relies heavily on commodity...
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The US economy is likely headed for a soft landing. Oil prices are falling due to OPEC production increase
2024.09.02
WTI crude oil prices fell to $73 a barrel on Monday, extending a decline of more than 3% from the previous session, as the market was impacted by OPEC's plan to increase production next quarter.
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Week's main events Week's main events (September 02 – September 06)
2024.09.02
This week, the main focus will be the US labor market data, the BoC meeting, as well as the Manufacturing PMI
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Wage growth in the Eurozone is slowing. US GDP growth did not help the broad market to close in plus
2024.08.30
The US real gross domestic product (GDP) rose by 3.0% year-over-year in the second quarter of 2024, up from 2.8% in the initial estimate and 1.4% in the first quarter.
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Nvidia's good report did not impress investors. The Bank of Japan intends to keep raising rates
2024.08.29
Deputy Governor Ryozo Himino said the Bank of Japan will raise interest rates as long as inflation moves in line with the bank's prognoses, signaling the Central Bank's unchanged stance despite the tu...
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Australia's inflation is falling at a slower pace than RBA expected. ECB may cut rates at the next two meetings
2024.08.28
The European Central Bank may gradually cut interest rates if inflation continues to fall, but more data is needed to decide on a September cut, Dutch policymaker Klaas Knot said Tuesday.
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