Market Overview
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
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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.
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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...
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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
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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.
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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%.
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Oil rises amid escalation of conflict in the Middle East. Inflationary pressures in Australia are easing
2024.07.31
The ASX 200 Index (AU200) jumped 1.75% to close at 8,092 on Wednesday, hitting a new all-time high as softer-than-expected domestic inflation data refuted bets on another rate hike by the Reserve Bank...
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Oil prices fell to June lows. Traders are waiting for Australian inflation data
2024.07.30
The Australian dollar is holding near $0.655 as traders avoid making big bets ahead of the release of key domestic inflation data that could influence the Reserve Bank of Australia's next move.
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Oil rises in price amid rising geopolitical tensions in the Middle East. Bitcoin has reached the $70,000 mark
2024.07.29
Bitcoin climbed toward the $70,000 mark on Monday, reaching the key level for the first time in six weeks after US presidential candidate Donald Trump doubled down on his support for cryptocurrencies...
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Week's main events Week's main events (July 29 – August 02)
2024.07.29
Nonfarm payrolls report, Fed, BoE, and BoJ decisions, and inflation data are in the focus of the investors this week
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