#MarketNews
βοΈ Happy Friday, dear traders! Look at the major news on this week's last trading session!
π₯ The G-7 meeting addresses a two-speed world economy, with US strength contrasted by Europe's weaker growth and inflation rates, leading to divergent monetary policies.
π―π΅ Japan's inflation decelerated due to slower rises in processed food prices and a planned end to utility subsidies. This comes amid expectations of wage hikes that the Bank of Japan hopes will boost the economy.
π£ Alibaba is expanding its global cloud services and employing AI to compete with US tech giants. It also opens new markets and builds data centers in Asia and Mexico. Alibaba stock is down 0.95%.
π’ Brent oil prices fell below $81 for the first time since February 15, driven by reduced geopolitical risk and concerns about US interest rates.
π² The SEC approved eight Ethereum ETFs from firms, including BlackRock and Fidelity, expanding cryptocurrency investment options.
π Nvidia has reduced the prices of its AI chips in China due to intense competition from local manufacturer Huawei. Nvidia (#NVIDIA) shares surged 9.32%.
π Tesla has removed its 2030 sales target from its latest regulatory report, which previously mentioned a plan to sell 20 million cars by that year. Tesla (#TESLA) shares are down 3.54% today.
βοΈ Boeing forecasts negative cash flow for 2024 due to ongoing delays in aircraft deliveries and production challenges, contributing to a 7.6% drop in its share price. Boeing (#BA) stock is down 7.55% today.
That's it for today, guys! Click onβ€οΈ if you liked our review, and see you soon!
β‘οΈ TRADE WITH FBS
@fbsanalytics
π’ Brent oil prices fell below $81 for the first time since February 15, driven by reduced geopolitical risk and concerns about US interest rates.
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€32π23π₯8β‘4β€βπ₯2π1π1π1π1
#MarketNews
βοΈ Happy Wednesday, dear traders! Today, June 12, we're bringing you the day's most thrilling news highlights:
βοΈ Businesses and consumers, expecting rate cuts, are delaying purchases because the Fed is keeping rates at a 23-year high. Capital investments are dropping from 6.7% to 3.9%, and bankruptcy cases are up 40%.
π₯ China's central bank is expected to resume gold purchases if prices drop to $2,200 per ounce from the current $2,300, following 18 months of consecutive buying.
π Apple's (#APPLE) stock surged 7.3% Tuesday, adding $215 billion to its market cap, bringing it closer to surpassing Microsoft as the largest US company.
πͺ KKR raised an A$500 million private credit loan from Blackstone and Goldman Sachs Asset Management to fund its acquisition of Perpetual Ltd.'s corporate trust unit. KKR (#KKR) shares are up 1.16%.
π Oracle's (#ORACLE) stock surged over 9% after strong results and new deals with Microsoft and OpenAI, with cloud unit sales expected to grow by 50%.
π¨π³ China's falling export prices are helping many countries fight inflation, but the US isn't benefiting due to weakening trade ties and higher tariffs.
π This week, Tesla shareholders will vote on restoring Elon Musk's $56 billion pay package, which could significantly impact the company's stock price. Tesla (#TESLA) stock is down 1.80%.
π©πͺ German inflation was confirmed at 2.8% in May, up from 2.4% in April, driven by higher service prices.
That's it for today, guys! Click onπ if you liked our review, and see you soon!
β‘οΈ TRADE WITH FBS
@fbsanalytics
π Apple's (#APPLE) stock surged 7.3% Tuesday, adding $215 billion to its market cap, bringing it closer to surpassing Microsoft as the largest US company.
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
π74β€11π₯7β€βπ₯2β2π2π1
#MarketNews
π Hello, dear traders! Today is Thursday, June 13, 2024. Let's quickly delve into the key financial highlights of the day:
βοΈ The Fed signaled one rate cut this year, with Chair Powell indicating a conservative approach and potential for two cuts amid higher inflation forecasts and a strong economy.
πͺπΊ ECB's Joachim Nagel stated that euro-zone core inflation remains sticky, emphasizing a cautious, meeting-by-meeting approach following last week's 25 basis point rate cut.
π―π΅ Japanese investors sold Β₯2.65 trillion ($16.9 billion) in foreign debt, the most in nine years, amid shifts in global central bank policies and profit-taking on US Treasuries.
π Caterpillar boosted its share repurchase authorization by $20 billion, raised its quarterly dividend by 8%, and plans to return nearly all free cash flow to shareholders. Shares of Caterpillar (#CAT) are up 0.43%.
β‘οΈ Google agreed to buy 115 megawatts of geothermal energy from Buffett's Nevada utility to power its data centers. Google (#GOOGLE) stock is up 0.77%.
π The EU has imposed tariffs up to 48% on electric vehicles from China, raising EV prices and escalating trade tensions.
π Apple agreed to distribute OpenAI's ChatGPT on its devices without financial payments, leveraging the partnership to enhance AI features and benefit both companies. Apple (#APPLE) shares are up 2.86%.
π¬ Elon Musk announced that his $56 billion pay package and the proposal to move Tesla's legal home to Texas are passing by wide margins in preliminary votes. Tesla (#TESLA) stock is up 3.88%.
That's it for today, guys! Click onβ€οΈ if you liked our review, and see you soon!
β‘οΈ TRADE WITH FBS
@fbsanalytics
π Caterpillar boosted its share repurchase authorization by $20 billion, raised its quarterly dividend by 8%, and plans to return nearly all free cash flow to shareholders. Shares of Caterpillar (#CAT) are up 0.43%.
π Apple agreed to distribute OpenAI's ChatGPT on its devices without financial payments, leveraging the partnership to enhance AI features and benefit both companies. Apple (#APPLE) shares are up 2.86%.
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€βπ₯38π33β€20π₯3π€©3β‘2π1π1
#MarketNews
βοΈ Happy Tuesday, dear traders! Let's check the news moving the financial markets today:
β‘οΈ France's political turmoil echoes the euro crisis, but with France's deficit at 5.5% of GDP and ECB's more robust tools, "Frexit" fears are overblown.
π―π΅ Bank of Japan Governor Kazuo Ueda kept the possibility of a July rate hike open despite market skepticism and the bank's upcoming bond purchase reduction.
π¦πΊ The RBA kept the cash rate unchanged at 4.35% as expected, citing easing inflation and labor market conditions but maintaining a cautious outlook on inflation targets.
π₯ Shell will acquire Pavilion Energy from Temasek by Q1 2025, enhancing its leading LNG position with Pavilion's 6.5 million tons per year portfolio. Shares of Shell (#RDSB) are down 0.42%
π’ Oil prices edged, with Brent slipping to $84.12 per barrel, amid cautious demand outlook, higher global crude inventories, and slower demand growth in China.
π The S&P 500 hit its 30th record of 2024 at 5,470 as mega-cap stocks rallied, driven by optimism over economic resilience and anticipation of retail sales data and Fed speeches.
π Adidas is investigating compliance violations in China after an anonymous letter alleged corruption among employees, involving kickbacks and misuse of the marketing budget. Adidas (#ADS) stock is down 2.58%
π¬ Elon Musk plans to grant stock options to Tesla's high-performing employees as the company reviews compensation amidst a 25% share slump in 2024 and increasing competition. Tesla (#TESLA) shares surged 5.30%.
That's it for today, guys! Click onβ€οΈ if you liked our review, and see you soon!
β‘οΈ TRADE WITH FBS
@fbsanalytics
π’ Oil prices edged, with Brent slipping to $84.12 per barrel, amid cautious demand outlook, higher global crude inventories, and slower demand growth in China.
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
π61β€15π4π―2β€βπ₯1β‘1π₯1π1
#MarketNews
βοΈ Happy Tuesday, dear traders! Letβs discuss the most exciting news for the beginning of the week:
β‘οΈ The ECB, led by Christine Lagarde, needs more time to assess inflation uncertainties. June's 2.5% inflation data were insufficient for decisions on interest rates.
π¬ Japan's economy is forecasted to shrink in 2024, with GDP revised to -2.9% in Q1, leading BNP Paribas to predict a -0.4% contraction and SMBC Nikko Securities a -0.3% contraction.
π¦πΊ The RBA minutes show an August rate hike is possible, with the key rate at 4.35% and inflation at 4% in May, despite household financial stress.
π³πΏ Weak New Zealand business confidence, with 44% of firms pessimistic and a 28% decline in trading, adds pressure on the central bank to cut the 5.5% interest rate sooner.
π Tesla is expected to report a 5.8% drop in quarterly deliveries to 439,302 vehicles. The company is facing a prolonged sales slump due to an older lineup and widespread staff cuts. Tesla (#TESLA) shares are up 6.05%.
π’ Oil trades near a two-month high, with Brent crude at $86.80 per barrel, driven by rising summer demand and potential disruptions from Hurricane Beryl.
βοΈ Airbus deliveries rose 2% in the first half of the year to approximately 323 planes despite supply chain issues. Airbus (#AIR) stock is up 2.64%.
π Nvidia is set to face antitrust charges from the French regulator for alleged anti-competitive practices, which could lead to fines of up to 10% of its global annual turnover. Nvidia (#NVIDIA) stock is up 0.62%.
That's it for today, guys! Click onπ if you liked our review, and see you soon!
β‘οΈ TRADE WITH FBS
@fbsanalytics
π’ Oil trades near a two-month high, with Brent crude at $86.80 per barrel, driven by rising summer demand and potential disruptions from Hurricane Beryl.
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
π38β€9π₯9π4β3π€3β‘2β€βπ₯2π2π¦2π1
#MarketNews
π€ Happy Thursday, dear traders! Let's check the news moving the financial markets today:
π’ The global oil outlook faces challenges as China's demand softens. State refineries increased processing by 1.3% in July, and Saudi crude purchases dropped by 4 million barrels.
π¨π³ Chinese electric vehicles maintained a 19% share of Europe's EV market despite a regional demand drop and looming tariffs.
π Tesla (#TESLA) stock surged over 6%, extending a rally sparked by better-than-expected delivery data, boosting confidence in the company's outlook and CEO Elon Musk.
π¨π Swiss inflation unexpectedly slowed to 1.3% in June, down from 1.4% in May, due to declining goods costs, easing concerns for the Swiss National Bank.
π«π· France's final bond sale before the election aims to raise to β¬10.5 billion, testing investor sentiment amid market volatility
π° Bitcoin slid close to levels last seen in February due to US political uncertainty and the potential sale of Bitcoins linked to the failed Mt. Gox exchange.
π Jeff Bezos plans to sell $5 billion worth of Amazon shares after the stock reached a record high, adding to the $8.5 billion he sold earlier this year, totaling $13.5 billion in sales for 2024. Amazon (#AMAZON) shares fell 1.21%.
βοΈ Lufthansa is considering increasing its stake in Italy's ITA Airways to 90% by early 2025. Lufthansa (#LHA) stock is down 0.27%.
π’ The global oil outlook faces challenges as China's demand softens. State refineries increased processing by 1.3% in July, and Saudi crude purchases dropped by 4 million barrels.
Please open Telegram to view this post
VIEW IN TELEGRAM
π40β€8π₯3π3β‘2π―1π1π1
#MarketNews
βοΈ Happy Friday, dear traders! Look at the major news on this week's last trading session!
βοΈ In June, the US budget deficit fell 3.5 times from last year to $65.965 billion, and over nine months of the fiscal year, it decreased by 9% to $1.268 trillion.
πͺπΊ The European Central Bank will proceed cautiously with rate cuts, likely resuming in September, due to political uncertainties, including the November 2024 US presidential election.
π¨π³ China's GDP growth likely slowed to 5% in Q2 from 5.3% in Q1, adding pressure on leaders ahead of a critical economic meeting to address the housing crisis and tech sector issues.
π―π΅ The yen slipped 0.2% on Friday as the impact of suspected intervention faded, raising uncertainty about the Bank of Japan's July 31 policy decision. USDJPY is trading at 159.224.
βοΈ Boeing has warned customers of potential three to six-month delays for 737 Max deliveries scheduled for 2025 and 2026. Shares of #BA rose to 183.91
π Tesla's 11-day winning streak ended as its stock fell 8.4% after reports of a delay in its robotaxi event from August to October. Shares of #TESLA fell to 240.87 today.
π Apple has agreed to allow rivals access to its tap-and-go payments technology, ending a four-year EU antitrust investigation, with changes to be implemented by July 25, 2024. #APPLE stock fell to 227.57 today.
βοΈ Lufthansa plans to cut administrative costs by 20% and marketing spending by 10% due to decreased business travel and increased competition driving down fares. #LHA stock is up 0.33%.
That's it for today, guys! Click onβ€οΈ if you liked our review, and see you soon!
β‘οΈ TRADE WITH FBS
@fbsanalytics
π Apple has agreed to allow rivals access to its tap-and-go payments technology, ending a four-year EU antitrust investigation, with changes to be implemented by July 25, 2024. #APPLE stock fell to 227.57 today.
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
π36β€20π₯5β€βπ₯2β‘2π1π1
#MarketNews
βοΈ Happy Wednesday, dear traders! Today, July 24, we're bringing you the day's most thrilling news highlights:
π―π΅ Japan's economy is showing mixed signals, with a rise in service sector PMI to 53.9 and a contraction in manufacturing activity to 49.2 ahead of the BOJ meeting.
π¨π³ Goldman Sachs reports that China is likely conserving fiscal resources to mitigate potential economic fallout if Donald Trump, who has threatened 60% tariffs on Chinese imports, wins the US presidencyβ.
π¨π¦ The Bank of Canada is expected to cut interest rates for a second consecutive meeting to 4.5% to avoid a recession while managing inflation risks.
π Tesla reported its fourth consecutive quarter of disappointing profits at $0.52 per share, with revenue at $25.5 billion and #TESLA shares dropping 8%. CEO Elon Musk urges patience as new products are delayed.
π Google reported Q2 earnings of $1.89 per share on $84.74 billion revenue, beating estimates, but YouTube ad revenue fell short. #GOOGLE stock is up 0.14%
π§‘ Orange SA reported a 0.9% rise in Q2 revenue to β¬9.99 billion after resisting price cuts. French revenue gained 0.3%. Shares of #ORA rose 1.54 %.
π©πͺ Deutsche Bank posted its first loss in four years, with a net loss of β¬143 million in Q2 after setting aside β¬1.3 billion for a lawsuit over its Postbank acquisitionββββ. #DBK stock is down 7.22%.
βοΈ African nations, including South Sudan, Zimbabwe, and Nigeria, are increasing their gold reserves to protect against currency losses amid rising geopolitical tensions.
That's it for today, guys! Click onπ if you liked our review, and see you soon!
β‘οΈ Start Trading with FBS
π² Check the FBS mobile app
@fbsanalytics
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
π53β€14β5π₯5π3π2β‘1π―1π1π¦1
#MarketNews
βοΈ Happy Tuesday, dear traders! Letβs discuss the most exciting news for the beginning of the week:
π₯ Gold prices surged to a record high of $2,638.31 an ounce, driven by optimism over US interest rate cuts and global economic uncertainty.
βοΈ Federal Reserve officials left the possibility open for another large interest-rate cut following their recent half-percentage point reduction.
π¨π³ China's central bank introduced a stimulus package, including a 0.2 percentage point cut to policy rates, a 0.5 percentage point reduction in the reserve requirement ratio, and Β₯800 billion in liquidity support.
π¦πΊ The Reserve Bank of Australia left its cash rate unchanged at 4.35%, emphasizing the need to maintain restrictive policy as inflation remains above target.
π―π΅ BOJ Governor Kazuo Ueda signaled no rush to raise rates beyond 0.25%, stressing the need to assess global risks and market conditions before further hikes.
π #TESLA stock has surged 36% in the past three months, and with buy-side investors expecting over 450,000 deliveries next week, there is optimism for further gains.
β Chancellor Olaf Scholz condemned UniCredit's move to raise its stake in Commerzbank to 21%, calling it an "unfriendly" and inappropriate approach without consultation. #CBK stock is up 0.91%.
π© Boeing proposed a final offer with a 30% pay increase over four years to over 32,000 striking workers, but the union rejected a vote, citing unmet demands on retirement and wages. #BA stock is up 1.96%.
That's it for today, guys! Click onπ if you liked our review, and see you soon!
β‘οΈ Start Trading with FBS
π² Check the FBS mobile app
@fbsanalytics
That's it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
π42β€13π₯6π3β‘2π1
#MarketNews
Thatβs it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€36π20π₯2π2π€©2β‘1π1π―1π1
#TradeIdea
What do you think about Tesla? Are you optimistic?
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€28π15π5π±3π3β‘2π₯2π2πΎ2π¦2π―1
FBS Analytics
The price faces a global trendline as a support at the 145.00 level and navigates within a falling wedge.
The %R oscillator leaves the oversold zone, and the price breaches above TEMA and DEMA, which is a sign of a rise!
#TradeIdea
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
π44π11β€7π5β‘4π4π
3π2π³2π―2π€1
#MarketNews
Thatβs it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€36π22π₯3π2π2π1
#MarketNews
Thatβs it for today, guys! Click on
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
π64β€6π4π4π₯3π―2β1π1π1π1
#MarketNews
If you are ready for a new trading session, put
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€76π₯9β4β‘3π3π2π―2π1π€―1π1π€©1
#TradeIdea
Destroy
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€36π5π₯4π―4π€©2π1
#MarketNews
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€45π12π₯5π2π―2π1π’1
#MarketNews
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€42π13π₯5π3β‘2π€2π₯°1π’1π€©1π1π³1
#MarketNews
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€65π8π€4π4π3
@fbsanalytics
Please open Telegram to view this post
VIEW IN TELEGRAM
β€19π9π₯4