Market Overview
China is experiencing deflation. Moody's downgraded the credit ratings of US banks
2023.08.09
Moody's downgraded the credit ratings of several small and mid-sized US banks and said it may downgrade some of the nation's largest lenders.
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Bundesbank stops paying interest on government deposits. China's trade balance disappointed investors
2023.08.08
Warren Buffett's Berkshire Hathaway (BRK) reported better-than-expected quarterly results on the back of strong results from its insurance companies, sending its share price up more than 3% on the rep...
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Canada's labor market is cooling down. The center of investors' attention shifted to the US inflation data
2023.08.07
A decline in consumer prices could lead to more stock buying.
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Week's main events (August 07 – August 11)
2023.08.07
US Inflation data will remain central topics for investors this week
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The Bank of England raised the interest rate by 0.25%. Volatility in the markets decreased ahead of the important labor market report NFP
2023.08.04
The monthly Nonfarm Payrolls labor market report will be released in the United States today.
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Fitch Ratings downgraded the US credit rating to AA+. A resilient US labor market fuels the dollar
2023.08.03
The US stock indices fell sharply yesterday on the back of strong labor market data and as Fitch Ratings downgraded the US credit rating.
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There are signs of a slowing labor market in New Zealand. The Bank of Japan will continue to maintain the stimulus policy
2023.08.02
The US stock indices were traded yesterday without any unified dynamics.
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The RBA left the interest rate unchanged again. Rising oil prices boost energy sector growth
2023.08.01
Energy stocks are rising on the back of Chevron's upgrade.
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Falling inflation figures in the US increase the likelihood of a pause at the September Fed meeting
2023.07.31
The 0.5% decline from the May reading only reinforced hopes that the Fed has likely ended the current rate hike cycle.
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Week's main events (July 31 – August 04)
2023.07.31
Nonfarm payrolls report, Bank of England decision, and PMI data are the focus of the investors this week
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