Market Overview Archive - Page 44 of 217

Powell promises that the US Fed will move slower than the market expects. Tensions persist in the Middle East

2024.02.05

Friday's economic news from the US was better than expected and favorable for the dollar. Non-farm payrolls for January rose by 353,000, which exceeded expectations of 185,000 and was the largest incr...

Week's main events (February 05 – February 09)

2024.02.05

This week, investors will focus on the RBA meeting and speeches by central bank officials

AMZN and META give energy to US indices. Oil falls on rumors of a negotiation between Israel and Hamas

2024.02.02

Shares of large technology companies are the most influential on Wall Street because they are the largest and have high expectations after soaring much more than the rest of the market last year.

Stock indices were pressured by Powell's comments. German inflation retreats

2024.02.01

As expected, the FOMC maintained the target range for the federal funds rate at 5.25%-5.50% and stated that the risks to employment and inflation targets are becoming more balanced.

The IMF has raised its global economic growth forecast. Australia has seen a decline in inflationary pressures

2024.01.31

The US economic reports released on Tuesday showed a growing US economy, bolstering optimism that the Federal Reserve will be able to provide a soft landing.

Chinese real estate developer Evergrande to be liquidated. The RBNZ has become hawkish

2024.01.30

The Dallas Fed's survey of the US manufacturing outlook for January fell by 17.0 points to an 8-month low of negative 27.4, weaker than expectations of negative 11.0.

Houthi attacks continue in the Red Sea. Inflationary pressures are easing in the US

2024.01.29

The US core PCE deflator for December eased to 2.9% y/y from 3.2% y/y in November, better than expectations of 3.0% y/y.

Week's main events (January 29 – February 02)

2024.01.29

The week promises to be a busy one, starting with the central banks meeting and ending with the Nonfarm Payrolls labor market report

The ECB left rates unchanged and is planning its first cut for the summer. Inflation in Japan continues to slow down

2024.01.26

Tesla (TSLA) is down by more than 10% after reporting weaker-than-expected adjusted earnings per share for Q4 and stating that vehicle volume growth in 2024 could be markedly lower than in 2023.

Corporative reporting supports US stock indices. The People Bank of China (PBoC) intends to stimulate the economy

2024.01.25

Strong earnings from technology companies supported the broader market, as Netflix (NFLX) closed higher by more than 10% after reporting fourth-quarter streaming pay-per-view numbers well above consen...