Market News

According to data released by both Caixin Global and IHS Markit, China's manufacturing sector activity fell to a 15-month low, despite expanding in the month of July.

Asian Stocks Recover; US Stocks Approaching Record Highs; Bitcoin Back Below $40k.

The Fed left interest rates unchanged. It would have been a very major surprise if they had made a change.

Bitcoin gained 4.62% against the US dollar yesterday, closing the session at the 35,407.0 level and gaining ground for the fifth consecutive session.

FOMC Sends Dollar Lower; Asian Stocks Recover.

The country’s CPI rose by 0.8% in the second quarter (quarter-on-quarter), surpassing expectations of 0.7% and the previous quarter’s 0.6%.

Stocks Mostly Dip Globally; HSI, Nikkei 225 Approach Lows; Australian CPI at 3.8%.

According to analysts from Goldman Sachs, US economic growth will slow down significantly in the second half of the year, mainly because the services sector growth is expected to slow due to less spending on services.

S&P 500 and NASDAQ 100 Indices Hit All-Time High Prices; Chinese Stocks Drop Hard Again; Bitcoin Fails at $40k

Yesterday, Bitcoin gained 4.62% against the US dollar, closing the session at the 35,407.0 level and gaining ground for the fifth consecutive session.

S&P 500 and NASDAQ 100 Indices Hit All-Time Highs; Chinese Stocks Drop Hard; Bitcoin Pops Up to Month High

The European Central Bank today held its long-term refinancing rate policy steady by maintaining a rate of 0% and made no other change except a small adjustment to its forward guidance. The relative value of the euro rose slightly, so it is not clear the release has had any meaningful effect on market prices at all.

Global Stock Markets Bounce Back; USD and JPY Drop

The Bank of Japan recently released its meeting minutes, in which it said that the price outlook is being affected by the rise of commodity costs.

Greenback Bid on Safe Haven Flow; Global Stocks Mostly Weaker; Weak Australian Retail Sales Data