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Economic Calendar

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News

Reddit Stock Climbs On OpenAI Deal

Reddit Stock Climbs On OpenAI Deal

Shares of Reddit Inc. were gaining around 14 percent in the pre-market activity on the New York Stock Exchange after the social media company announced a deal with artificial intelligence or AI startup OpenAI, the developer of highly popular generative AI chatbot ChatGPT. The deal will bring Reddit's content to ChatGPT and its products. OpenAI will also become a Reddit advertising partner.
RTTNews | 4h 39min ago
CAC 40 Declines On Weak Earnings

CAC 40 Declines On Weak Earnings

French stocks declined on Friday, with uncertainty over the timing of U.S rate cuts, mixed data from China and disappointing earnings updates keeping investors nervous.
RTTNews | 5h 45min ago

Analysis

S&P 500 index hits record high amidst lower inflation

S&P 500 index hits record high amidst lower inflation

The US stock market has surged to new heights, with the S&P 500 index reaching a record high of 5,325 points and the DJIA index touching 40,000 points. Investors are experiencing euphoria, spurred by the unexpectedly low US inflation figures released earlier.
RoboForex | 1h 0min ago
Dollar rebounds as US import prices accelerate

Dollar rebounds as US import prices accelerate

US import prices see largest surge in two years - Investors scale back Fed rate cut bets - Yen slides on BoJ bond operation, Ueda’s remarks - Wall Street pulls back after hitting fresh record highs
XM Group | 1h 42min ago
EUR/USD Appears Ready for a Pullback Due to Inflationary Factors in the USA

EUR/USD Appears Ready for a Pullback Due to Inflationary Factors in the USA

EUR/USD has risen approximately 1% this week due to a decline in the dollar, although the euro is trailing behind other pro-cyclical currencies in the G10, excluding the US data-sensitive CAD. This isn't unexpected, as the euro has the weakest three-month correlation with two-year USD swap rates, which previously insulated it from significant upward adjustments in Fed expectations.
ACY Securities | 3h 9min ago

Interest Rates

China People's Bank of China 3.45% 3.45% 2 days
Indonesia Bank Indonesia 6.25% 6.0% 4 days
South Korea The Bank of Korea 3.5% 3.5% 5 days
Turkey Central Bank of the Republic of Turkey 50.0% 50.0% 6 days
South Africa South African Reserve Bank 8.25% 8.25% 13 days
Canada Bank of Canada 5.0% 5.0% 19 days
Euro Area European Central Bank 4.5% 4.5% 20 days
Italy European Central Bank 4.5% 4.5% 20 days
Germany European Central Bank 4.5% 4.5% 20 days
France European Central Bank 4.5% 4.5% 20 days
India Reserve Bank of India 6.5% 6.5% 20 days
Russia Central Bank of Russia 16.0% 16.0% 20 days
United States Federal Reserve 5.5% 5.5% 26 days
Japan Bank of Japan 0.1% 0.1% 27 days
Australia Reserve Bank of Australia 4.35% 4.35% 31 days
Brazil Banco Central do Brasil 10.5% 10.75% 33 days
United Kingdom Bank of England 5.25% 5.25% 34 days
Mexico Banco de México 11.0% 11.0% 41 days
Argentina Central Bank of Argentina 40.0% 50.0% -
Saudi Arabia Saudi Central Bank 6.0% 6.0% -

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