Global stock markets experienced notable fluctuations on Monday as investors reacted to key economic data and earnings reports. Both U.S. and European stock indexes fell, reflecting the heightened uncertainty in the financial landscape.
The recent decision by the People’s Bank of China (PBOC) to cut interest rates has had a significant impact on the financial markets. This move, aimed at revitalizing the world’s second-largest economy, has led to notable gains in Chinese shares and exchange-traded funds (ETFs).
The euro-area economy experienced an unexpected surge in growth, largely attributed to the Paris Olympics. This event significantly boosted private-sector activity, marking the fastest growth pace in three months. Despite this positive development, underlying economic challenges persist, particularly in the manufacturing sector.
Wall Street is abuzz with speculation that Federal Reserve Chair Jerome Powell will announce upcoming interest-rate cuts at the central bank’s annual conference in Jackson Hole, Wyoming. This anticipation has significant implications for money managers who have recently invested heavily in Big Tech stocks, trying to keep up with the rising S&P 500 Index. Markets are fully expecting the Fed to begin reducing borrowing costs at its September meeting.
21:00 GMT+3 Interest rate in the USA. Fact 5.50%. Forecast 5.50%. 21:30 GMT+3 FOMC press conference. Today, traders and investors are waiting for statements from Jerome Powell, which could clarify the current situation with inflation and economic slowdown, as well as update the Fed’s monetary policy forecasts. The general consensus in the market is one…
At the moment, inflation growth rates in the world’s largest economies remain at a high level. Despite the observed slowdown in inflation in the Eurozone for three consecutive months, the European Commission has lowered its economic growth forecasts for 2024. This is due not only to continued high inflation, but also to a reduction in…
At the beginning of this year, the US economy has been strengthening. This is confirmed by the growth of the dollar and shares on the stock market. But the Fed is concerned about rapid growth, which could accelerate inflation. The high price of loans reduces consumer demand, but rates remain at their maximum. The effect…
On the eve of the US elections, financial markets traditionally experience a rush. Former President Donald Trump, being not only a politician, but also a businessman, takes an active position in the election race. He is leading despite various political controversies. In January 2024, the meme coin TRUMP, likely launched specifically for the elections, saw…
An increase in the real yield on 10-year Treasury bonds to 2.5–3% could stop the growth of the “Magnificent Seven” stocks that has continued since 2022. Bank of America (BofA) analysts came to this conclusion. Experts have identified similarities and differences between the “bubbles” in world markets over the past 100 years and what is…
The world’s largest investment firm BlackRock has warned of further deterioration in the geopolitical situation in financial markets in 2024, adding that asset markets are not fully aware of the risks. “We expect greater fragmentation, increased competition and less cooperation among major economies in 2024,” BlackRock said in a note to clients. “However, as stocks…
