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Global Markets Recap - Week of July 3, 2023

Global Markets Recap - Week of July 3, 2023

1. What Moved the Markets? Europe In local currency terms, the STOXX Europe 600 Index declined by 3.09% due to concerns about tightening monetary policy by central banks. Disappointing economic data from Germany, including industrial production, factory orders, and exports, indicated ongoing weakness in the second quarter. Major European

Global Markets Recap - Week of June 26, 2023

Global Markets Recap - Week of June 26, 2023

1. What Moved the Markets? Europe The pan-European STOXX Europe 600 Index rose 1.94% on hopes of increased Chinese consumption and lower inflation suggesting near-peak interest rates. Major European stock indexes also saw gains: CAC 40 (+3.30%), FTSE MIB (+3.75%), DAX (+2.01%), and FTSE 100 (+0.

Global Markets Recap - Week of June 19, 2023

Global Markets Recap - Week of June 19, 2023

1. What Moved the Markets? Europe European stock markets experienced significant declines amid concerns of potential recession in the UK and the eurozone due to anticipated interest rate increases. Disappointing economic recovery in China and hawkish comments from U.S. Federal Reserve Chair Jerome Powell also contributed to the negative

Global Markets Recap - Week of June 12, 2023

Global Markets Recap - Week of June 12, 2023

1. What Moved the Markets? Europe The pan-European STOXX Europe 600 Index rallied (1.47%) as the US Federal Reserve kept interest rates unchanged, and hopes of stimulus measures in China boosted stocks. Major equity indexes in Germany (2.56%), France (2.43%), Italy (2.58%), and the UK (1.

Global Markets Recap - Week of June 5, 2023

Global Markets Recap - Week of June 5, 2023

Hello, everyone! Hope the summer is treating you well. I have been on holiday and recently came back. Thanks for understanding and here is the market recap! 1. What Moved the Markets? Europe The pan-European STOXX Europe 600 Index ended slightly lower (-0.46%) as investors exercised caution ahead of

Global Markets Recap - Week of May 15, 2023

Global Markets Recap - Week of May 15, 2023

1. What Moved the Markets? Europe European shares advanced during the week, driven by optimism that interest rates might be close to peaking and that the U.S. would avoid a debt default. The STOXX Europe 600 Index ended the week 0.72% higher, with Germany's DAX climbing

Global Markets Recap - Week of May 8, 2023

Global Markets Recap - Week of May 8, 2023

1. What Moved the Markets? Europe The STOXX Europe 600 Index ended the week relatively flat as investors digested the possibility of further rate increases by the European Central Bank (ECB). Major European stock indexes posted mixed results, with France's CAC 40 and Germany's DAX slightly