Obsidian Odyssey

Sign in Subscribe

Investing

Global Markets Recap - Week of Oct 16, 2023

Global Markets Recap - Week of Oct 16, 2023

1. What Moved the Markets? Europe 🏈 Bottom Line: European stocks faced significant headwinds, ending the week in the red due to uncertainty about interest rates, escalating Middle East conflict, and disappointing earnings reports. * Stock Performance: The STOXX Europe 600 (-3.44%), driven by concerns about interest rates, Middle East tensions,

Global Markets Recap - Week of Oct 9, 2023

Global Markets Recap - Week of Oct 9, 2023

1. What Moved the Markets? Europe 🏈 Bottom Line: The STOXX Europe 600 Index managed to break a three-week streak of losses, ending the week with a 0.95% gain. This rebound was primarily driven by a combination of dovish comments from Federal Reserve policymakers and indications that China was considering

Global Markets Recap - Week of Oct 2, 2023

Global Markets Recap - Week of Oct 2, 2023

1. What Moved the Markets? Europe 🏈Bottom Line: The pan-European STOXX Europe 600 Index concluded the week with a 1.18% decline, primarily driven by surging bond yields and concerns about prolonged higher interest rates. Major European stock indexes, including Italy's FTSE MIB (-1.53%), Germany's

Global Markets Recap - Week of Sep 25, 2023

Global Markets Recap - Week of Sep 25, 2023

1. What Moved the Markets? Europe 🏈Bottom line: European stock markets declined amid concerns about higher interest rates and a weakening Chinese economy, with major indices posting losses; European government bond yields rose, and Eurozone inflation eased in September, while the UK's GDP growth was revised upward, but

Global Markets Recap - Week of Sep 18, 2023

Global Markets Recap - Week of Sep 18, 2023

1. What Moved the Markets? Europe 🏈 Bottom line: European equities declined due to central bank rate signals and economic concerns, with the STOXX Europe 600 Index falling 1.98%, while central banks like the BoE and SNB surprised markets by holding rates, and deteriorating Eurozone PMI data indicated continued contraction

Global Markets Recap - Week of Sep 11, 2023

Global Markets Recap - Week of Sep 11, 2023

Hi All, Hope your 'back-to-school' week has gone well! The New Yorker in me couldn't help but share the crazy double-rainbow pics that have been circulating on the internet since Sep 11 this year. The Universe is a magical place indeed! 1. What Moved the Markets?

Global Markets Recap - Week of Sep 4, 2023

Global Markets Recap - Week of Sep 4, 2023

1. What Moved the Markets? Europe * European Market Decline: In Europe, the STOXX Europe 600 Index closed down by 0.76%, driven by fears that elevated interest rates could be pushing the economy into a slowdown. * Mixed Performance in Major Indexes: Germany's DAX (-0.63%), France's