Market Overview
The RBA will maintain a restrictive monetary policy until the end of the year.
2024.11.19
The Australian dollar climbed above $0.65 on Tuesday, rising for the third consecutive session, as investors reacted to minutes from the Reserve Bank of Australia's November meeting.
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The hawkish attitude of FOMC representatives puts pressure on stock indices. Oil is growing amid escalation in Eastern Europe
2024.11.18
Fed Chair Powell's hawkish stance on interest rates pressured the market as he emphasized the strength of the economy, a robust labor market, and steady inflation, which led to lower expectations for...
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Week's main events Week's main events (November 18 – November 22)
2024.11.18
Crypto rally and inflation data will be in focus this week
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The Dollar Index strengthened on Powell's comments. The Bank of Mexico cut the rate to 10.25%
2024.11.15
On Thursday, Fed Chairman Powell clarified that there was no need for an immediate rate cut, citing the economy's strength, a robust labor market, and stable inflation. Powell's comments echoed his co...
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The Canadian dollar is under pressure from a rising dollar and falling oil prices. The Australian labor market remains resilient
2024.11.14
The Canadian dollar weakened to 1.4 per dollar, the lowest level since May 2020, amid a broader wave of US dollar buying, falling oil prices, and concerns about China's economic growth.
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Profit-taking is observed on stock indices. The data on wages in Australia haven’t met expectations
2024.11.13
Shares of Nvidia (NVDA) closed higher by more than 2% after Redburn initiated a "buy" recommendation with a $178 price target. Airbnb (ABNB) shares closed down more than 2% after Phillip Securities do...
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Bitcoin hits an all-time high above $88,000. Oil remains under pressure
2024.11.12
Bitcoin remained above the $88,000 mark on Tuesday, holding steady after rising more than 10% to new all-time highs in the previous session.
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The Dow Jones broke the 44 000 mark, and the S&P 500 topped 6 000 for the first time. The deflationary scenario continues in China
2024.11.11
WTI crude oil prices fell as low as $70 per barrel on Monday, extending a decline of nearly 3% from the previous session, as a subdued outlook for major importer China continued to weigh on the market...
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Week's main events Week's main events (November 11 – November 15)
2024.11.11
Investors' attention this week is focused on US inflation data
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World central banks continue to cut interest rates. US stock indices break records again
2024.11.08
The Central Bank of the United Arab Emirates cut its benchmark overnight deposit rate by 25 basis points to 4.65% in November 2024, closely following the US Federal Reserve's rate cut.
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