Archives: Market Overview

The Bank of Japan will follow a soft policy course. Most company reports missed estimates

2023.07.04

At the close of the US stock market on Thursday, the Dow Jones Index (US30) decreased by 0.33%, and the S&P 500 Index (US500) lost 0.60%.

Weak consumer confidence reports and declining manufacturing data put negative pressure on stock markets

2023.07.04

The US stock indices fell yesterday amid disappointing consumer confidence data and weak company reports.

Stock indices remain under pressure from high rates

2023.07.04

Stock indices remain under pressure from high rates. The US Federal Reserve is 90% likely to raise interest rates by 0.25% at its May meeting.

The ECB and the US Federal Reserve are planning to raise rates this week

2023.07.04

The Personal Consumption Price (PCE) Index, excluding food and energy, the Fed's preferred measure of core inflation, was up 0.3% in March from the previous month.

Gold returned to growth amid rising recession fears. Tech companies reports beat forecasts

2023.07.04

Stronger-than-expected reports from tech companies Microsoft (MSFT) and Google Alphabet (GOOGL) helped improve investor sentiment in the tech sector.

The RBA unexpectedly raised the rate by another 0.25%. First Republic Bank was sold to JPMorgan Chase

2023.07.04

The US manufacturing activity declined for the sixth straight month in April, the longest period since 2009 and a sign of trouble in the manufacturing sector.

Gold is down on rumors that the Fed may raise rates again in June. The ECB intends to keep raising rates

2023.07.04

Investor fears that the economy is headed for a recession in the second half of the year bolstered bets that interest rates will soon decline.

The US Federal Reserve raised rates by 0.25% and indicates a likely pause in June. ECB intends to stay on the path of rate hike

2023.07.04

Yesterday the Federal Open Market Committee, FOMC, raised the benchmark rate by 0.25% from 5% to 5.25%.

Inflationary pressure in the US continues to decline. Chinese inflation data disappointed investors

2023.07.04

The US Consumer Price Index rose by 0.4% last month, but a deeper look at the data showed a slowdown in core services inflation.

Oil prices began to recover amid rising demand ahead of summer. China's trade balance data is disappointing

2023.07.04

Goldman Sachs joins Barclays in predicting that the Federal Reserve will cut interest rates significantly this year.