Market Overview

Skepticism about Biden's continued participation in the re-election campaign is growing in the US. In France, the elections ended with uncertainty

2024.07.08
US non-farm payroll employment for June rose by 206,000, exceeding expectations of 190,000. However, May's non-farm employment data was revised downward to 218,000 from the previously announced 272,00...
Read more

Week's main events Week's main events (July 08 – July 12)

2024.07.08
The focus this week is on the RBNZ Central Bank meeting and inflation data in the US and China
Read more

Bitcoin is down to $55,000. Switzerland is seeing a further decline in inflation

2024.07.05
Bitcoin (BTC/USD) fell below $55,000 on Friday, hitting its lowest level since late February, and has lost about 13% this week, which analysts attributed to further liquidation by leveraged investors.
Read more

Bitcoin has fallen below $60,000. Silver prices reached a 2-week-high

2024.07.04
Bitcoin (BTC/USD) prices fell back below the key psychological mark of $60,000, hitting a two-month low as the largest digital asset failed to sustain its recent rise.
Read more

Natural gas prices fall to a 7-week low. Tesla shares surge amid rising sales

2024.07.03
Tesla (TSLA) stock price rose more than 10% to a 5-month high and led gains in the S&P 500 and Nasdaq 100 after the company reported second-quarter vehicle shipments of 443,956 units, beating the cons...
Read more

RBA maintains a hawkish bias. Japanese authorities are ready to conduct another intervention

2024.07.02
Tesla (TSLA) shares rose more than 6% and led gains in the S&P 500 and Nasdaq 100 after Wells Fargo listed it as a tactical idea for the third quarter.
Read more

French index rises amid the victory of the far-right in the first round of elections. Inflationary pressures ease in Vietnam

2024.07.01
Friday's economic news showed that the May US core PCE deflator, the Fed's preferred measure of inflation, fell to 2.6% y/y from 2.8% y/y in April, which matched expectations and was the slowest rate...
Read more

Week's main events Week's main events (July 01 – July 05)

2024.07.01
This week's focus on Nonfarm Payrolls, FOMC protocol, and elections in France and the United Kingdom
Read more

Today, the focus of investors' attention is on the PCE index data

2024.06.28
Boeing (BA) is up more than 2% after reporting that China's safety regulator has cleared it to resume deliveries of wide-body airplanes to China.
Read more

Silver prices fell to a 6-week low. Japanese authorities may intervene again to support the yen exchange rate

2024.06.27
FedEx (FDX) is up more than 15% after reporting better-than-expected Q4 adjusted EPS and estimating 2025 adjusted EPS above consensus.
Read more