EJ Elena Shin
Global Markets Recap - Week of Nov 6, 2023
1. What Moved the Markets?
Europe
🏈 Bottom Line: In Europe, mixed stock market performances and rising government bond yields reflected growing concerns about prolonged high-interest rates, while various economic indicators suggested a sluggish economy.
* European Stock Markets: The STOXX Europe 600 Index (-0.21%), reflecting dimmed optimism about a peak
Newsletter - Week of Oct 30, 2023
Global Markets Recap - Week of Oct 30, 2023, incl. FOMC key takeaways
1. What Moved the Markets?
November FOMC key takeaways:
*Chair Jerome Powell's press conference recording. Press conference transcript.
Federal Reserve issues FOMC statementRecent indicators suggest that economic activity expanded at a strong pace in the third quarter. Job gains have moderated since earlier in the year but remainBoard
Newsletter - Week of Oct 23, 2023
Global Markets Recap - Week of Oct 23, 2023
1. What Moved the Markets?
Europe
🏈 Bottom Line: European markets edged lower amid interest rate, economic, and geopolitical concerns, while the ECB held rates steady to address inflation, amidst declining business activity across the Eurozone and a rise in UK unemployment, reflecting a challenging economic outlook.
* Stock Index Decline: European