#MarketNews
👋 Hello, dear traders! Today is Thursday, February 8, 2024. Let's quickly delve into the key financial highlights of the day:
☄️ Morgan Stanley has been fined for leaking information about blockchain trading to favored clients. This case highlights the complex interplay between privacy, market fairness, and legal boundaries in financial trading.
🔔 The German court ruled, setting Intel (#INTEL) in patent mode by prefacing some chips with the R2 semiconductor overvoltage regulator. Intel shares fell 0.2%.
➡️ Disney (#DISNEY) reported better-than-expected earnings, buoyed by cost cuts and theme park success, despite mixed results in streaming and media, and announced a bullish profit outlook and strategic investments. Shares rose 6.71%.
🇰🇪 Kenya launched a $2 billion bond buyback and announced plans for a new bond sale to refinance debt as yields on existing Eurobonds fell significantly.
🇨🇳 China's passenger car sales fell 14.1% in January from the previous month, while sales of battery electric vehicles fell 37% amid ongoing price wars between automakers.
✨ Siemens (#SIE) beat first-quarter profit expectations thanks to solid performance from its Mobility and Smart Infrastructure divisions amid the global economic slowdown. Siemens shares rose 0.47%.
🔥 Microsoft (#MICROSOFT) has partnered with Indian startup Sarvam AI to develop voice-based generative artificial intelligence tools. Microsoft shares jumped 2.11% after the news.
🛢 Oil prices rose thanks to gains in global stocks and tensions in the Middle East. Brent crude approached $80, marking the longest winning streak since September amid geopolitical risks and OPEC+ supply cuts.
🥇 Gold prices remain between $2,000 and $2,050, awaiting further cues on interest rates amid robust US economic data and hawkish comments from the Federal Reserve.
That's it for today, guys! Click on ❤️if you liked our review, and see you soon!
➡️ TRADE WITH FBS
@fbsanalytics
🛢 Oil prices rose thanks to gains in global stocks and tensions in the Middle East. Brent crude approached $80, marking the longest winning streak since September amid geopolitical risks and OPEC+ supply cuts.
That's it for today, guys! Click on ❤️if you liked our review, and see you soon!
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤70👍38🔥11❤🔥6⚡4✍3👎3🤩2💩2🍾2🆒2
#MarketNews
☀️ Happy Friday, dear traders! Look at the major news on this week's last trading session!
🇺🇸 Congress has approved temporary funding to prevent a partial US government shutdown, with measures extending funds for specific departments until March 8 and others until March 22 while longer-term funding agreements are negotiated.
🇨🇳 Industrial activity in China slows down as weak demand hinders growth, with the manufacturing PMI contracting for the fifth consecutive month in February and mixed data indicating an uneven recovery.
💬 UBS analysts predict a 20% increase in the S&P 500 index in 2024, partially due to the impact of generative artificial intelligence technology.
🔥 Microsoft (#MICROSOFT) introduced an AI chatbot designed for financial professionals capable of working with Excel spreadsheets and the Outlook email manager. The stock is up 1.45%.
🥇 Gold is set for its highest close in a month, trading above $2,046 an ounce, following the Federal Reserve's inflation report that aligns with expectations, suggesting the possibility of interest rate cuts later this year.
⚡️ Deutsche Bank (#DBK) intends to file a lawsuit in Hong Kong to liquidate Chinese real estate developer Shimao Group over unacceptable debt restructuring terms. The bank shares are down 0.27% today.
📌 OpenAI, the creator of ChatGPT, plans to appoint new board members in March, ending a stalemate since the brief firing of CEO Sam Altman, as it seeks experts in technology, safety, and policy.
🇯🇵 Japan's tight labor market, with the unemployment rate dropping to its lowest in four years at 2.4%, continues to exert intense upward pressure on wages as companies negotiate annually with labor unions.
🇸🇪 Swedish bankruptcies surged by 62% in February, marking the worst month in three decades since the early 1990s financial crisis, impacting sectors like hotels, restaurants, and construction most severely.
❓ What trades are you eyeing today? Share in the comments 👇
➡️ TRADE WITH FBS
@fbsanalytics
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍51❤17🔥12✍3❤🔥3🆒2🤩1
#Forecast
👉 💡 ▶️ ⏩ Microsoft Forecast!
📈 Microsoft (#MICROSOFT) is moving in a rising channel, and the price is steadily rising. Microsoft's investments in artificial intelligence and OpenAI are expected to boost the company's revenue, reinforcing the stock's further upside to 261.8 Fibonacci.
🔼 Trade: Buy Microsoft on a breakout above 430.00
😵 TP: 460.00
❓ What stocks do you trade? Share your trades in the comments🔽
➡️ TRADE WITH FBS
@fbsanalytics
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍33❤6🔥5👏4❤🔥3💯2🎉1🌚1😨1
#MarketNews
☀️ Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:
☄️ Citi forecasts gold to hit $3000 per ounce in 6-8 months, expecting rate cuts, while Goldman Sachs sees it reaching $2700, citing a solid bull market.
💬 UBS strategists warn that persistent inflation might prompt the Federal Reserve to hike rates to 6.5%, potentially leading to significant market downturns.
🇨🇳 China's GDP grew 5.3% in the first quarter, surpassing expectations despite mixed economic indicators suggesting potential future challenges.
💰 Hong Kong approves its first Bitcoin and Ethereum spot ETFs, with both cryptocurrencies rising on the news.
📉 Asian stocks fell sharply, following a Wall Street rout due to geopolitical tensions in the Middle East and expectations of long-term US interest rate hikes.
🇯🇵 Yen traders are preparing for the currency's possible reach of 160 against the dollar amid ongoing weakness, despite the increased likelihood of government intervention.
🪙 Microsoft invests $1.5 billion in Abu Dhabi-based AI firm G42 and gains a board seat, enhancing its presence in the global AI market. Still, Microsoft (#MICROSOFT) stock is down 1.96% today.
🚗 Tesla is laying off more than 10% of its global workforce as it faces declining sales and a competitive electric vehicle market. Tesla (#TESLA) shares are down 5.59%.
That's it for today, guys! Click on👍 if you liked our review, and see you soon!
➡️ TRADE WITH FBS
@fbsanalytics
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍51❤19🔥4⚡3🏆3🆒3❤🔥2
#MarketNews
☀️ Happy Friday, dear traders! Look at the major news on this week's last trading session!
🇺🇸 US economic growth slowed to 1.6%, below expectations, while core inflation accelerated to 3.7%, complicating the Federal Reserve's efforts to achieve a soft landing.
🇪🇺 ECB Governing Council member Fabio Panetta warned that without timely interest rate cuts, the Eurozone might need to resort to ultra-low rates later to avoid economic stagnation and falling inflation expectations.
🇨🇳 Chinese stocks in Hong Kong surged, with the HK50 index rising 2.20% today. This was buoyed by optimism over a reported $278 billion government stimulus package to stabilize the economy.
🇯🇵 The yen hit a new 34-year low as the Bank of Japan maintained its key interest rate despite ongoing warnings about the currency's rapid weakening.
👀 Google's parent company announced its first-ever dividend and exceeded expectations in sales and profits, leading to a significant rise in share prices. Google (#GOOGLE) shares are down 1.97%.
➡️ Microsoft's results surpassed Wall Street targets, driven by significant gains from AI investments across its cloud services. Microsoft's stock (#MICROSOFT) is down 2.45% today.
☄️ Gold prices rose slightly due to weak US economic data, with investors awaiting further cues from upcoming PCE inflation figures.
🇹🇷 The Central Bank of Turkey maintained its key interest rate at 50%, committing to continue its strict monetary policy until inflation significantly and sustainably reduces.
❓ How was your trading week? Share your opinion in the comments!
➡️ TRADE WITH FBS
@fbsanalytics
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍30❤14🔥8❤🔥4✍3⚡2🗿2🆒2👎1
#MarketNews
☀️ Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:
☄️ In March, the People's Bank of China purchased 160,000 ounces of gold, increasing its reserves to 2,262 tons. The move was a response to tense relations and a move to diversify from US Treasuries.
💰 Bitcoin and Ethereum are falling amid stagflation fears, while the crypto market is caught between potential US Treasury liquidity injections and economic stagnation.
🛢 Oil prices steadied as Middle East ceasefire talks and progress in Israel-Hamas negotiations reduced risk premiums, with Brent crude near $88 after a 1.2% drop.
🇯🇵 Japanese stocks rose on strong corporate earnings after the market reopened, with the Nikkei 225 climbing 1.2%.
✈️ Lufthansa anticipates recouping its strike-related losses with a robust summer season, projecting a 16% increase in bookings compared to last year. Lufthansa (#LHA) shares are up 0.69%.
🖥 Microsoft's CEO announced a $1.7 billion investment in cloud and AI technologies in Indonesia, including the construction of data centers. Microsoft (#MICROSOFT) shares are down 1.00% today.
🚗 Elon Musk is cutting Tesla's senior management and laying off hundreds more employees amid falling sales and dissatisfaction with the pace of previous layoffs. Tesla (#TESLA) shares skyrocketed 15.31%.
🇫🇷 The French economy grew by 0.2% in the first quarter, slightly surpassing expectations and continuing its growth from the previous quarter.
That's it for today, guys! Click on👍 if you liked our review, and see you soon!
➡️ TRADE WITH FBS
@fbsanalytics
🛢 Oil prices steadied as Middle East ceasefire talks and progress in Israel-Hamas negotiations reduced risk premiums, with Brent crude near $88 after a 1.2% drop.
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍46❤11❤🔥5🔥4✍2👏2💯2🤮1
#MarketNews
🌤 Happy Thursday, dear traders! Let's check the news moving the financial markets today:
☄️ Fed Chair Jerome Powell indicated potential rate cuts later this year but remained non-committal on timing due to persisting inflation concerns.
🇬🇧 BOE Governor Andrew Bailey faces deep divisions among policymakers on the timing of potential UK rate cuts amidst political pressure ahead of elections.
🇺🇸 The US Treasury will conduct a $15 billion bond buyback from late May to July 2024, its first since 2002.
💬 JPMorgan notes that investor expectations ahead of the Apple report could be so low that even a slight decline in Apple's revenue might trigger a reversal in stock prices. Apple (#APPLE) shares are down 0.60% today.
🇯🇵 Japan maintains ambiguity over potential yen market interventions, as top FX official Masato Kanda declines to confirm recent actions amidst currency volatility.
🛢 The FTC is set to approve Exxon Mobil's $60 billion acquisition of Pioneer Natural Resources, contingent on Pioneer's former CEO not joining Exxon's board. Exxon (#XOM) stock is down 1.97% today
💰 Bitcoin drops below $58,000, risking further declines as the crypto market faces its worst month since the FTX crash, with hawkish Fed policies potentially impacting risky assets.
🖥 The Microsoft CEO committed $2.2 billion to AI and cloud infrastructure in Malaysia. Microsoft (#MICROSOFT) shares are up +1.49%.
That's it for today, guys! Click on🔥 if you liked our review, and see you soon!
➡️ TRADE WITH FBS
@fbsanalytics
🛢 The FTC is set to approve Exxon Mobil's $60 billion acquisition of Pioneer Natural Resources, contingent on Pioneer's former CEO not joining Exxon's board. Exxon (#XOM) stock is down 1.97% today
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍44❤14🔥12❤🔥5🗿2🆒2✍1👏1👀1🦄1
#MarketNews
✋ Hello there, traders, and welcome to Tuesday's trading session! Let's check the news moving the financial markets today:
⚡️ ECB President Christine Lagarde stated that last week's rate cut doesn't signal a continuous decline, as future rate decisions will depend on economic conditions, including inflation and wage growth.
🍏 Apple unveiled new AI features, including a ChatGPT partnership with OpenAI, aiming to reclaim market leadership with the "Apple Intelligence" platform while enhancing its operating systems. Apple (#APPLE) shares fell 1.91 percent.
🇪🇺 European stocks fell on Monday as traders reacted to initial EU election results and French President Macron's surprise call for parliamentary elections. The EU50 was down 0.71%.
📈 Nvidia (#NVIDIA) stock rose nearly 1% on Monday after its 10-for-1 stock split, making shares more affordable and accessible to retail traders.
💰 Weekly inflows into US spot Bitcoin ETFs exceeded $1.8 billion, buying 25,729 BTC from June 3 to June 7, surpassing the 3,150 BTC mined in the same period.
🖥 The UAE's AI minister called Microsoft's $1.5 billion investment in G42 the start of closer tech collaboration with the US. Microsoft (#MICROSOFT) stock is up 0.95%.
🥇 The World Gold Council says Singapore is set to lead the gold market, driven by rising Asian demand, its proximity to 25% of global supply, and major gold-buying central banks.
🚗 Due to limited local demand, Volkswagen doubts South Africa's EV plans, focusing on fuel-powered vehicles from its 165,000 vehicle-per-year factory. Volkswagen (#VOW) stock is down 0.22% today.
🛢 Oil held its biggest gain since March, with Brent trading below $82 ahead of an OPEC market report and IEA's monthly report after surging 2.5% in the previous session.
That's it for today, guys! Click on❤️ if you liked our review, and see you soon!
➡️ TRADE WITH FBS
@fbsanalytics
🍏 Apple unveiled new AI features, including a ChatGPT partnership with OpenAI, aiming to reclaim market leadership with the "Apple Intelligence" platform while enhancing its operating systems. Apple (#APPLE) shares fell 1.91 percent.
🛢 Oil held its biggest gain since March, with Brent trading below $82 ahead of an OPEC market report and IEA's monthly report after surging 2.5% in the previous session.
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍41❤20🔥6❤🔥2🐳2⚡1👏1🤩1💯1🆒1
#MarketNews
☀️ Happy Wednesday, dear traders! Today, July 10, we're bringing you the day's most thrilling news highlights:
☄️ Federal Reserve Chair Jerome Powell warned of rising job market risks due to high borrowing costs while avoiding a timeline for rate cuts, emphasizing the need for more evidence of slowing inflation.
🇨🇳 Soft Chinese inflation in June, with CPI shrinking and PPI at -0.8%, strengthens the case for the People's Bank of China to implement 1-2 rate cuts this year.
🇮🇹 Italy faces restructuring challenges for €300 billion in state-backed loans issued during and after the pandemic, lacking a common framework for managing potential defaults. EURUSD consolidates near 1.0820.
🇳🇿 The Reserve Bank of New Zealand held its official cash rate at 5.5% but softened its hawkish stance, causing the Kiwi dollar to drop and fueling expectations of 1-2 rate cuts this year. NZDUSD holds near 0.6090.
🍎 Apple Inc. led the global PC market recovery with a 21% shipment increase in Q2, as worldwide shipments grew 3%. #APPLE stock is up 0.38%.
📊 TSMC's Q2 revenue surged 32% to T$673.51 billion ($20.67 billion), driven by high demand for AI applications, significantly surpassing market forecasts. #TSM shares are up 0.48%.
🖥 Microsoft has relinquished its board observer seat at OpenAI due to regulatory scrutiny, citing improved governance at the AI startup. #MICROSOFT shares fell 1.44% today.
🚗 Volkswagen AG lowered its forecast for the year, citing a €2.6 billion burden from potential Audi plant closure costs due to poor demand for the Q8 e-tron EV. #VOW stock is up 1.20%.
That's it for today, guys! Click on👍 if you liked our review, and see you soon!
➡️ TRADE WITH FBS
@fbsanalytics
🍎 Apple Inc. led the global PC market recovery with a 21% shipment increase in Q2, as worldwide shipments grew 3%. #APPLE stock is up 0.38%.
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍41🔥16❤8👏2❤🔥1⚡1🕊1😍1👀1🫡1
#MarketNews
☀️ Morning, traders! Here’s what’s making waves in the financial markets today:
🥇 Due to rising prices, global central banks reduced net gold purchases by 49% in Q3 2024. However, according to the World Gold Council, Poland and Hungary significantly increased their reserves, adding 42 and 16 tons, respectively.
🇺🇸 The US economy grew at a 2.8% annualized rate in Q3, driven by robust consumer spending, although trade deficits and lower residential investment curbed growth.
📱 #FACEBOOK Q3 earnings beat expectations, with revenue rising to $40.6 billion (+18.9% YoY), profit at $15.7 billion (+35.4% YoY), and daily active users at 3.29 billion, while shares dipped by 3.1% amid investor concerns over escalating AI investments.
📱 #Microsoft shares fell 4% in extended trading after the company forecasted Azure cloud growth of 31%- 32% for Q2, down from 34% in Q1 due to data center capacity constraints. Quarterly revenue rose 16% to $65.6 billion, with profit at $3.30 per share, both beating estimates.
🇬🇧 After the UK budget, traders see a 48% chance of a December rate cut, down from 63%, with 10-year yields rising to 4.353% and 2-year yields to 4.322%.
📆 CALENDAR FOR TODAY - 2024.10.31
🔔 Thursday:
🇨🇦 GDP m/m - 15:30 GMT+3
🇺🇸 Core PCE Price Index m/m - 15:30 GMT+3
🇺🇸 Employment Cost Index q/q - 15:30 GMT+3
🇺🇸 Unemployment Claims - 15:30 GMT+3
That’s it for today, guys! Click on👍 if you liked our review, and see you soon!
📲 Start Trading with FBS
@fbsanalytics
That’s it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍49❤11🔥3🤩2🙏1💯1👀1
#MarketNews
That’s it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍43🔥9❤6✍4👀3🙏2🆒2💯1
#MICROSOFT could fetch more than 2200 pips after breaking the upper trendline of the symmetrical triangle. Lips crossed the jaw of the alligator, making the subsequent rise in December possible.
Microsoft, generating $211 billion in revenue last year and leading in AI and cloud with a market cap exceeding $2.5 trillion, is a "cash machine," according to Aswath Damodaran, and its consistent growth makes it a strategic buy.
#TradeIdea
🔼 Trade: Buy #MICROSOFT on consolidation above 432 and the nearest fractal;
🎯 TP1: 442;
🎯 TP2: 454;
Click👍 if you like this setup!!!
📲 Start Trading with FBS
@fbsanalytics
Microsoft, generating $211 billion in revenue last year and leading in AI and cloud with a market cap exceeding $2.5 trillion, is a "cash machine," according to Aswath Damodaran, and its consistent growth makes it a strategic buy.
#TradeIdea
Click
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍37🔥6❤4💯3⚡1🥰1👀1💘1
#MarketNews
🇺🇸 Core CPI m/m - 15:30 GMT+2
🇺🇸 CPI m/m - 15:30 GMT+2
🇺🇸 CPI y/y - 15:30 GMT+2
🇨🇦 BOC Rate Statement - 16:45 GMT+2
🇨🇦 Overnight Rate - 16:45 GMT+2
🇨🇦 BOC Press Conference - 17:30 GMT+2
Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤64👍27🔥3👏2😍2✍1🙏1💯1👀1🆒1
FBS Analytics
#MICROSOFT could fetch more than 2200 pips after breaking the upper trendline of the symmetrical triangle. Lips crossed the jaw of the alligator, making the subsequent rise in December possible. Microsoft, generating $211 billion in revenue last year and…
Well, #MICROSOFT and #GOOGLE have reached their goals!!! Boeing will invest $1 billion in South Carolina to boost 787 production to 10 jets monthly by 2026 and create 500 jobs.
#BA has broken the falling wedge trendline, and the MACD points to an upside opportunity.
#Forecast
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍24❤6🔥5❤🔥1⚡1😍1💯1👀1
#TradeIdea
Agree? Hit
📲 Start Trading with FBS
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍38❤5⚡3🙏1😍1💯1🏆1
#MarketNews
That’s all for today! If you enjoyed the review, drop a
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
👍74❤8🎉4💯3🥰2⚡1🔥1🐳1
Click
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤54🔥3🥰3💯3🎉2🆒1😎1
#MarketNews
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤45👍12🔥5🎉2💯2😁1😢1
FBS Analytics
Click
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤37👍10🔥3
Click
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
❤31🔥7👍4🤝3💯2😍1🆒1