Market Overview
Oil is falling amid rumors of the suspension of the federal gasoline tax. Inflation continues to rise
2023.07.04
Fed Chairman Jerome Powell visited the Senate Banking Committee yesterday and will visit the House of Representatives today.
Read more
Today, investors' attention is focused on the speech of the Fed gov, as well as the data on inflation in the UK and Canada
2023.07.04
At the close of the stock market yesterday, the Dow Jones Index (US30) increased by 2.15% and the S&P 500 Index (US500) added 2.45%. The NASDAQ technology index (US100) jumped by 2.51% on Tuesday. All...
Read more
European indices are rising despite a planned interest rate hike by the ECB
2023.07.04
The US stock market did not trade yesterday due to the banking holiday.
Read more
Stock indices continue to decline amid the growing probability of a recession
2023.07.04
The Fed and other global central banks are trying to suppress inflation by aggressively raising interest rates. Major US stock indexes fell for the third week in a row due to concerns about the growin...
Read more
Week's main events Week's main events (June 20 – June 24)
2023.07.04
This week's primary focus is Jerome Powell's speech to Congress and ECB officials.
Read more
The Bank of Japan kept its monetary policy soft. The Swiss Central Bank surprised the market with a rate hike
2023.07.04
The US initial jobless claims were 229,000, down 3,000 from the previous week. Thus, the US labor market remains strong. But as fears of recession intensified, the US stock indices closed on Thursday...
Read more
The Fed has aggressively raised interest rates. Oil falls amid Biden's statements
2023.07.04
The Federal Reserve surprised markets on Wednesday with a larger-than-expected 0.75% rate hike as sustained high inflation forced the Central Bank to make its biggest rate hike since 1994.
Read more
Investors focus on Fed interest rate meeting today
2023.07.04
US stock indices continued to decline on Tuesday as investors are preparing for an aggressive interest rate hike by the Federal Reserve today.
Read more
The US Federal Reserve is ready to raise rates by 75 bps as soon as this week. Stock indices reached the bear market border
2023.07.04
On Monday, the US indices fell sharply and moved into bear market territory after stocks of rising companies collapsed. Treasury yields rose on expectations that the Federal Reserve will be tougher on...
Read more
Stock indices are under pressure from inflation. Investors are hedging with gold
2023.07.04
The US stock indexes recorded their most significant weekly percentage decline since January and fell sharply Friday after the May inflation report dashed hopes that price pressures may have peaked.
Read more