Weekly comment 23.09-27.09.2024

 

Monday, September 23, 2024: European markets started the week with a slight increase as news of a potential trade agreement between the US and China boosted investor optimism. Technology stocks rebounded, led by strong results from Intel.

Tuesday, September 24, 2024: US markets continued to rise, supported by positive economic data and strong corporate earnings. Stocks in the industrial and automotive sectors saw significant gains, while commodity prices remained stable.

Wednesday, September 25, 2024: Oil prices rose after OPEC announced further production cuts. This led to a surge in energy company stocks. Meanwhile, US inflation data showed a slight increase, fueling speculation about future actions by the Federal Reserve.

Thursday, September 26, 2024: Japan announced a new government stimulus package aimed at supporting the economy following recent natural disasters. This led to an increase in Japanese company stocks, particularly in the construction and infrastructure sectors.

Friday, September 27, 2024: Mass protests were held in Germany against new carbon emission reduction measures. The protests led to the temporary closure of some factories and a decline in industrial sector stocks.