Weekly comment 16.09-20.09.2024

Monday, 16.09.2024: European markets started the week with a slight decline after news of slowing economic growth in China raised concerns among investors. Technology stocks were among the hardest hit due to fears of reduced demand for electronics and software.

Tuesday, 17.09.2024: U.S. markets rebounded following news of a potential agreement between the U.S. and the EU on trade tariffs. This led to a rise in industrial and automotive sector stocks. Meanwhile, commodity prices remained stable despite ongoing geopolitical tensions.

Wednesday, 18.09.2024: Oil prices rose after OPEC announced a production cut to stabilize the market. This led to a surge in energy company stocks. At the same time, U.S. inflation data showed a slight increase, fueling speculation about future actions by the Federal Reserve.

Thursday, 19.09.2024: Japan announced a new government stimulus package aimed at supporting the economy following recent natural disasters. This led to a rise in Japanese company stocks, particularly in the construction and infrastructure sectors.

Friday, 20.09.2024: Mass protests were held in Germany against new measures to limit carbon emissions. The protests led to the temporary closure of some factories and a decline in industrial sector stocks.