Market Overview
Political uncertainty is growing in Europe. Bitcoin ETFs are signaling an outflow of funds
2024.06.11
ECB President Lagarde said yesterday that last week's ECB interest rate cut does not mean that interest rates are on a linear path of decline and that there may be periods when we hold interest rates.
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European indices are falling amid the first results of the EU parliamentary elections. Silver prices fell below $30 per ounce
2024.06.10
Oil (WTI) prices came under pressure on Friday as strong US jobs data prompted traders to cut expectations for a US rate cut, dampening the outlook for economic growth and energy demand.
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Week's main events Week's main events (June 10 – June 14)
2024.06.10
Investors' focus this week is on the US inflation data, as well as the US Federal Reserve and Bank of Japan meetings
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The ECB has started a cycle of rate cuts. Today, investors are focused on the Nonfarm Payrolls report
2024.06.07
Friday's Nonfarm payrolls report is expected to show that the US labor market remained strong again in May.
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The Bank of Canada has started a cycle of rate cuts. Today the same step is expected from the ECB
2024.06.06
Friday will see the release of the monthly US payrolls report for May, looking for clues about the labor market's strength that will prompt when the Federal Reserve could start cutting interest rates.
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Australia's economy is slowing down. The BoC meeting is in the spotlight today
2024.06.05
Weakness in energy stocks weighed on the overall market on Tuesday after WTI crude fell more than 1% to a 3-month low on concerns that OPEC+'s plan to bring oil production back to the market sooner th...
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Oil prices decreased for the 5th consecutive session. AI companies support the NASDAQ index
2024.06.04
Markets estimate the odds of a 25 bps rate cut at 1% at the June 11-12 FOMC meeting, 15% at the next meeting on July 30-31, and 51% at the next September 17-18 meeting.
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OPEC+ extending key oil production cuts
2024.06.03
On Friday, the US equity indices received support from a 4.6 bps decline in 10-year T-note yields on the back of the expected US PCE deflator, which kept hopes alive for a Fed interest rate cut later...
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Week's main events Week's main events (June 03 – June 07)
2024.06.03
This week's focus is on Nonfarm Payrolls and the Rate Decision from BOC and ECB
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Investors' focus today is on the PCE Price Index data. Conditions for inflation growth are forming in Japan
2024.05.31
Salesforce (CRM) is down more than 19%. It tops the list of losers in the S&P 500 and Dow Jones Industrials after reporting first-quarter revenue of $9.13 billion, below the consensus of $9.15 billion...
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