#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!
🌤 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!
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#MarketNews
☀️ Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:
👀 JPMorgan suggests the US corporate default rate is less worrying for investors, with distressed debt exchanges indicating an actual default rate of around 3%.
🇩🇪 German industrial production fell 0.4% in March, marking the first decrease this year but performing better than economists' expectations of a 0.7% drop.
🇨🇳 The Economist: Chinese electric vehicle makers rapidly outperform Western competitors by launching new models at half the cost. However, a fierce price war in China threatens to curb this growth.
🍏 Apple unveiled updated iPad Pro and iPad Air models with advanced chips and features. They are available for preorder now and will go on sale next week. Apple (#APPLE) shares are up 0.38% today.
🚗 BMW's earnings declined in the first quarter due to higher manufacturing costs, although the company saw a 28% increase in EV sales and confirmed its full-year guidance. BMW (#BMW) stock is down 3.26% today.
🛢 Oil prices fell near their lowest level since mid-March, influenced by a mild increase in US stockpiles and ongoing tensions in the Middle East.
📉 BP has toned down its 2030 oil output reduction target to reassure investors about its profitability and energy transition strategy. BP (#BP) shares are down 3.79% today.
🔥 Amazon (#AMAZON) breaks into the European 5G market by moving one million Telefonica Germany customers to its AWS cloud platform. Amazon shares are up slightly by 0.03%.
That's it for today, guys! Click on 👍if you liked our review, and see you soon!
☀️ Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:
👀 JPMorgan suggests the US corporate default rate is less worrying for investors, with distressed debt exchanges indicating an actual default rate of around 3%.
🇩🇪 German industrial production fell 0.4% in March, marking the first decrease this year but performing better than economists' expectations of a 0.7% drop.
🇨🇳 The Economist: Chinese electric vehicle makers rapidly outperform Western competitors by launching new models at half the cost. However, a fierce price war in China threatens to curb this growth.
🍏 Apple unveiled updated iPad Pro and iPad Air models with advanced chips and features. They are available for preorder now and will go on sale next week. Apple (#APPLE) shares are up 0.38% today.
🚗 BMW's earnings declined in the first quarter due to higher manufacturing costs, although the company saw a 28% increase in EV sales and confirmed its full-year guidance. BMW (#BMW) stock is down 3.26% today.
🛢 Oil prices fell near their lowest level since mid-March, influenced by a mild increase in US stockpiles and ongoing tensions in the Middle East.
📉 BP has toned down its 2030 oil output reduction target to reassure investors about its profitability and energy transition strategy. BP (#BP) shares are down 3.79% today.
🔥 Amazon (#AMAZON) breaks into the European 5G market by moving one million Telefonica Germany customers to its AWS cloud platform. Amazon shares are up slightly by 0.03%.
That's it for today, guys! Click on 👍if you liked our review, and see you soon!
#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!
✋ 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!
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#MarketNews
👋 Hello, dear traders! Today is Thursday, June 13, 2024. Let's quickly delve into the key financial highlights of the day:
☄️ 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.
🇪🇺 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.
🇯🇵 Japanese investors sold ¥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.
🚜 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%.
⚡️ 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%.
🚗 The EU has imposed tariffs up to 48% on electric vehicles from China, raising EV prices and escalating trade tensions.
🍎 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%.
💬 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 on ❤️if you liked our review, and see you soon!
👋 Hello, dear traders! Today is Thursday, June 13, 2024. Let's quickly delve into the key financial highlights of the day:
☄️ 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.
🇪🇺 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.
🇯🇵 Japanese investors sold ¥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.
🚜 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%.
⚡️ 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%.
🚗 The EU has imposed tariffs up to 48% on electric vehicles from China, raising EV prices and escalating trade tensions.
🍎 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%.
💬 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 on ❤️if you liked our review, and see you soon!
#MarketNews
👋Good morning, dear traders! How are you? Let’s discuss the most exciting news for the beginning of the week.
☄️ The core PCE index is projected to rise just 0.1% in May, potentially allowing for interest rate cuts by September if minimal inflation changes continue.
🇫🇷 France's snap election creates economic uncertainty, pushing the risk premium on French bonds to its highest since 2012 at around 80 basis points above German bonds.
⚡️ Bond markets suggest high interest rates may persist, with the neutral rate projected at 3.6%, limiting Treasury bond gains and challenging significant rate cuts.
🇯🇵 Global investors are becoming cautious about Japanese stocks, with Citigroup noting a "material risk of correction" as foreign investors sell shares for the fourth consecutive week.
🇪🇺 The European Union will impose up to 38% tariffs on Chinese electric vehicles, citing unfair subsidies and economic threats to EU producers.
🍎 Apple Inc. withholds new AI technologies, including Apple Intelligence, iPhone Mirroring, and SharePlay Screen Sharing, from the EU market in 2024, citing security concerns over the Digital Markets Act. Apple (#APPLE) shares are down 1.04%.
💎 Despite briefly surpassing Apple and Microsoft in market cap, Nvidia remains relatively unknown. Its $3.1 trillion valuation and significant demand for AI chips are driving its rapid ascent. Nvidia (#NVIDIA) stock is down 3.22%.
🛫 US prosecutors recommend that the Justice Department bring criminal charges against Boeing for violating a 2021 settlement related to two fatal 737 MAX crashes. Boeing (#BA) shares are up slightly by 0.15%.
That's it for today, guys! Click on ❤️ if you liked our review, and see you soon!
👋Good morning, dear traders! How are you? Let’s discuss the most exciting news for the beginning of the week.
☄️ The core PCE index is projected to rise just 0.1% in May, potentially allowing for interest rate cuts by September if minimal inflation changes continue.
🇫🇷 France's snap election creates economic uncertainty, pushing the risk premium on French bonds to its highest since 2012 at around 80 basis points above German bonds.
⚡️ Bond markets suggest high interest rates may persist, with the neutral rate projected at 3.6%, limiting Treasury bond gains and challenging significant rate cuts.
🇯🇵 Global investors are becoming cautious about Japanese stocks, with Citigroup noting a "material risk of correction" as foreign investors sell shares for the fourth consecutive week.
🇪🇺 The European Union will impose up to 38% tariffs on Chinese electric vehicles, citing unfair subsidies and economic threats to EU producers.
🍎 Apple Inc. withholds new AI technologies, including Apple Intelligence, iPhone Mirroring, and SharePlay Screen Sharing, from the EU market in 2024, citing security concerns over the Digital Markets Act. Apple (#APPLE) shares are down 1.04%.
💎 Despite briefly surpassing Apple and Microsoft in market cap, Nvidia remains relatively unknown. Its $3.1 trillion valuation and significant demand for AI chips are driving its rapid ascent. Nvidia (#NVIDIA) stock is down 3.22%.
🛫 US prosecutors recommend that the Justice Department bring criminal charges against Boeing for violating a 2021 settlement related to two fatal 737 MAX crashes. Boeing (#BA) shares are up slightly by 0.15%.
That's it for today, guys! Click on ❤️ if you liked our review, and see you soon!
#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!
☀️ 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!
#MarketNews
☀️Happy Friday, dear traders! Look at the major news on this week's last trading session!
☄️ 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.
🇪🇺 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.
🇨🇳 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.
🇯🇵 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.
✈️ 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
🚗 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.
🍎 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.
✈️ 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 on ❤️if you liked our review, and see you soon!
☀️Happy Friday, dear traders! Look at the major news on this week's last trading session!
☄️ 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.
🇪🇺 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.
🇨🇳 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.
🇯🇵 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.
✈️ 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
🚗 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.
🍎 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.
✈️ 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 on ❤️if you liked our review, and see you soon!
#MarketNews
☀️Happy Friday, dear traders! Look at the major news on this week's last trading session!
☄️ Investors are rotating from AI giants to less obvious stocks, boosting shares of utilities and property firms by 35% this quarter. AI-related trades are expanding beyond tech and communications, which have risen over 14% year-to-date.
🇺🇸 The US economy grew at a solid 2.8% annual pace in the second quarter, driven by a 2.3% increase in consumer spending and a significant inventory buildup.
📉 The "Magnificent Seven" megacap tech stocks saw their worst drop since ChatGPT launched, with $1.7 trillion in value erased in two weeks.
🇬🇧 Cooling service prices give the Bank of England a positive signal for potential rate cuts on August 1, with investors betting on a 45% chance of a move.
🇨🇳 The People's Bank of China unexpectedly cut its one-year policy rate by 20 basis points to 2.3%, the most significant reduction since 2020, signaling increased support for the slowing economy. HK50 rose 0.19%.
🇯🇵 Yen volatility is surging due to the summer holidays, with bid-ask spreads widening to 0.8% and $1.2 billion in yen shorts unwinding amid Bank of Japan policy uncertainty. USDJPY is trading at 153.76.
🤖 JPMorgan Chase & Co. has launched LLM Suite, an AI tool for asset and wealth management employees, with Citigroup estimating AI could add $170 billion to banking by 2028. Shares of #JPM are up by 208.67.
🍎 iPhone fell out of China's top five smartphone makers in the June quarter as local rivals surged. iPhone shipments dropped 3.1%, while Android competitors saw an 11% rise. #APPLE stock is down 0.48%.
That's it for today, guys! Click on ❤️if you liked our review, and see you soon!
☀️Happy Friday, dear traders! Look at the major news on this week's last trading session!
☄️ Investors are rotating from AI giants to less obvious stocks, boosting shares of utilities and property firms by 35% this quarter. AI-related trades are expanding beyond tech and communications, which have risen over 14% year-to-date.
🇺🇸 The US economy grew at a solid 2.8% annual pace in the second quarter, driven by a 2.3% increase in consumer spending and a significant inventory buildup.
📉 The "Magnificent Seven" megacap tech stocks saw their worst drop since ChatGPT launched, with $1.7 trillion in value erased in two weeks.
🇬🇧 Cooling service prices give the Bank of England a positive signal for potential rate cuts on August 1, with investors betting on a 45% chance of a move.
🇨🇳 The People's Bank of China unexpectedly cut its one-year policy rate by 20 basis points to 2.3%, the most significant reduction since 2020, signaling increased support for the slowing economy. HK50 rose 0.19%.
🇯🇵 Yen volatility is surging due to the summer holidays, with bid-ask spreads widening to 0.8% and $1.2 billion in yen shorts unwinding amid Bank of Japan policy uncertainty. USDJPY is trading at 153.76.
🤖 JPMorgan Chase & Co. has launched LLM Suite, an AI tool for asset and wealth management employees, with Citigroup estimating AI could add $170 billion to banking by 2028. Shares of #JPM are up by 208.67.
🍎 iPhone fell out of China's top five smartphone makers in the June quarter as local rivals surged. iPhone shipments dropped 3.1%, while Android competitors saw an 11% rise. #APPLE stock is down 0.48%.
That's it for today, guys! Click on ❤️if you liked our review, and see you soon!
#MarketNews
👋 Good morning, dear traders! How are you? Let’s discuss the most exciting news for the beginning of the week.
☄️ US stock indexes tumbled, with the Dow Jones down over 250 points, the Nasdaq falling 4.7%, and the S&P 500 dropping 12.4%, as recession fears and weak economic data triggered a global selloff.
🇨🇳 China announced a 20-point plan to boost consumption by improving services, with the sector expanding for the 19th straight month despite a slowdown in manufacturing.
🛢 Oil prices slipped to around $75 a barrel due to US recession fears overshadowing Middle Eastern supply concerns amid weak US payroll data and geopolitical tensions.
💰 Bitcoin plunged over 14%, while Ether experienced its steepest drop since 2021, as global market risk aversion triggered a broad selloff in cryptocurrencies.
📉 The Nikkei suffered its worst day since 1987, plummeting 12.4% and erasing all gains for the year amidst a broader Asia-Pacific market sell-off.
🍎 Investors are urged to stay calm after Warren Buffett's Berkshire Hathaway cut its Apple stake by nearly 50% to $84 billion. Analysts emphasize that the move is about risk management rather than a lack of confidence. #APPLE stock is up 0.69%.
⚡️ TSMC's (#TSM) shares plunged 9.8%, leading Taiwan's worst market decline since 1967, amid concerns that a US economic slowdown is affecting global tech demand.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
👋 Good morning, dear traders! How are you? Let’s discuss the most exciting news for the beginning of the week.
☄️ US stock indexes tumbled, with the Dow Jones down over 250 points, the Nasdaq falling 4.7%, and the S&P 500 dropping 12.4%, as recession fears and weak economic data triggered a global selloff.
🇨🇳 China announced a 20-point plan to boost consumption by improving services, with the sector expanding for the 19th straight month despite a slowdown in manufacturing.
🛢 Oil prices slipped to around $75 a barrel due to US recession fears overshadowing Middle Eastern supply concerns amid weak US payroll data and geopolitical tensions.
💰 Bitcoin plunged over 14%, while Ether experienced its steepest drop since 2021, as global market risk aversion triggered a broad selloff in cryptocurrencies.
📉 The Nikkei suffered its worst day since 1987, plummeting 12.4% and erasing all gains for the year amidst a broader Asia-Pacific market sell-off.
🍎 Investors are urged to stay calm after Warren Buffett's Berkshire Hathaway cut its Apple stake by nearly 50% to $84 billion. Analysts emphasize that the move is about risk management rather than a lack of confidence. #APPLE stock is up 0.69%.
⚡️ TSMC's (#TSM) shares plunged 9.8%, leading Taiwan's worst market decline since 1967, amid concerns that a US economic slowdown is affecting global tech demand.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
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☄️ Global Market Turmoil! ☄️
😱 Tech stocks are plummeting, with #NVIDIA down 9.6%, #APPLE down 6.1%, and the Nasdaq dropping hard! Asian markets took a hit, with JP225 falling 12%!
💬Traders are betting on a 60% chance of a Fed rate cut this week as concerns about a slowing US economy rise. Safe-haven assets like the yen are up 3%, and bonds are rallying!
❓ What are you trading this week? Write in the comments⬇️
😱 Tech stocks are plummeting, with #NVIDIA down 9.6%, #APPLE down 6.1%, and the Nasdaq dropping hard! Asian markets took a hit, with JP225 falling 12%!
💬Traders are betting on a 60% chance of a Fed rate cut this week as concerns about a slowing US economy rise. Safe-haven assets like the yen are up 3%, and bonds are rallying!
❓ What are you trading this week? Write in the comments⬇️
#MarketNews
🌤 Happy Thursday, dear traders! Let's check the news moving the financial markets today:
⚡️ Investors brace for more turmoil as the summer market rout, driven by a 25% unwinding of yen carry trades and US recession fears, threatens further volatility ahead of Powell's Jackson Hole speech and Nvidia's earnings.
🇨🇳 China's factory output grew by 5.1% in July, down from 5.3% in June, while retail sales rose by 2.7%, up from 2.0%, signaling a mixed economic recovery.
🇪🇺 The Eurozone's GDP grew by 0.3% in the second quarter of 2024 compared to the previous three months, while unemployment rose by 0.2% during the same period.
🇬🇧 The UK economy grew by 0.6% in the second quarter of 2024, following a 0.7% increase in the first quarter, with solid contributions from the services sector and government spending.
🇯🇵 Japan's economy rebounded strongly in the second quarter with a 3.1% annualized GDP growth, driven by a 1.0% rise in private consumption, reinforcing the case for further interest rate hikes.
🤖 Apple is developing a robotic tabletop home device with a rotating screen, aiming to boost revenue by expanding into smart home products, with a potential launch as early as 2026. #APPLE stock is trading at 221.72.
🔪 Cisco is cutting 7% of its workforce while reporting earnings of 87 cents per share and $13.64 billion in revenue, beating expectations despite a third consecutive quarter of declining sales. Shares of #CISCO rose 0.15%.
💲 Marathon Digital completed a $300 million offering of 2.125% convertible notes due 2031 and used $249 million to purchase 4,144 Bitcoin. #MARA stock is down 2.26% today.
That's it for today, guys! Click on ❤️ if you liked our review, and see you soon!
🌤 Happy Thursday, dear traders! Let's check the news moving the financial markets today:
⚡️ Investors brace for more turmoil as the summer market rout, driven by a 25% unwinding of yen carry trades and US recession fears, threatens further volatility ahead of Powell's Jackson Hole speech and Nvidia's earnings.
🇨🇳 China's factory output grew by 5.1% in July, down from 5.3% in June, while retail sales rose by 2.7%, up from 2.0%, signaling a mixed economic recovery.
🇪🇺 The Eurozone's GDP grew by 0.3% in the second quarter of 2024 compared to the previous three months, while unemployment rose by 0.2% during the same period.
🇬🇧 The UK economy grew by 0.6% in the second quarter of 2024, following a 0.7% increase in the first quarter, with solid contributions from the services sector and government spending.
🇯🇵 Japan's economy rebounded strongly in the second quarter with a 3.1% annualized GDP growth, driven by a 1.0% rise in private consumption, reinforcing the case for further interest rate hikes.
🤖 Apple is developing a robotic tabletop home device with a rotating screen, aiming to boost revenue by expanding into smart home products, with a potential launch as early as 2026. #APPLE stock is trading at 221.72.
🔪 Cisco is cutting 7% of its workforce while reporting earnings of 87 cents per share and $13.64 billion in revenue, beating expectations despite a third consecutive quarter of declining sales. Shares of #CISCO rose 0.15%.
💲 Marathon Digital completed a $300 million offering of 2.125% convertible notes due 2031 and used $249 million to purchase 4,144 Bitcoin. #MARA stock is down 2.26% today.
That's it for today, guys! Click on ❤️ if you liked our review, and see you soon!
#MarketNews
☀️ Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:
🥇 Gold prices remain above $2,500 per ounce due to safe-haven solid demand amid geopolitical tensions in the Middle East and growing expectations of a Federal Reserve interest rate cut in September.
🇩🇪 Germany's economy contracted by 0.1% in the second quarter of 2024, driven by a 2.2% decline in capital investment and a 0.2% drop in private consumption.
⛽️ Despite brimming stockpiles and declining demand, European natural gas prices remain high due to fears that a colder winter or disruptions in Russian supply could make current reserves insufficient. XNGUSD trades at 2.189.
🛢 Exxon Mobil predicts that global oil demand will remain above 100 million barrels daily through 2050, challenging efforts to achieve net zero emissions by mid-century.
🍎 Apple will unveil the iPhone 16 and other new devices on September 9, 2024, at its headquarters in Cupertino, California. #APPLE stock trades at 227.18.
🇺🇸 Trump's push for "Made in USA" Bitcoin mining equipment threatens China's dominance over 90% of the global market for Bitcoin mining rigs.
📉 PDD's $55 billion stock crash, triggered by a 29% plunge after a disappointing sales outlook, highlights growing concerns about China's slowing economic growth. #PDD stock is down 28.51%.
✈️ Boeing estimates that China will need 8,830 new planes over the next 20 years, up from last year's forecast of 8,560. #BA stock is trading for 173.48.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
☀️ Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:
🥇 Gold prices remain above $2,500 per ounce due to safe-haven solid demand amid geopolitical tensions in the Middle East and growing expectations of a Federal Reserve interest rate cut in September.
🇩🇪 Germany's economy contracted by 0.1% in the second quarter of 2024, driven by a 2.2% decline in capital investment and a 0.2% drop in private consumption.
⛽️ Despite brimming stockpiles and declining demand, European natural gas prices remain high due to fears that a colder winter or disruptions in Russian supply could make current reserves insufficient. XNGUSD trades at 2.189.
🛢 Exxon Mobil predicts that global oil demand will remain above 100 million barrels daily through 2050, challenging efforts to achieve net zero emissions by mid-century.
🍎 Apple will unveil the iPhone 16 and other new devices on September 9, 2024, at its headquarters in Cupertino, California. #APPLE stock trades at 227.18.
🇺🇸 Trump's push for "Made in USA" Bitcoin mining equipment threatens China's dominance over 90% of the global market for Bitcoin mining rigs.
📉 PDD's $55 billion stock crash, triggered by a 29% plunge after a disappointing sales outlook, highlights growing concerns about China's slowing economic growth. #PDD stock is down 28.51%.
✈️ Boeing estimates that China will need 8,830 new planes over the next 20 years, up from last year's forecast of 8,560. #BA stock is trading for 173.48.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
👍1
#MarketNews
🌤 Happy Thursday, dear traders! Let's check the news moving the financial markets today:
📉 #NVIDIA stock dropped to 8.4% after disappointing forecasts and production issues with its Blackwell chips. This was despite Q2 revenue of $30 billion, surpassing analyst estimates of $28.9 billion.
🇨🇳 China's 5% growth target is increasingly doubtful as UBS, JPMorgan, and Nomura cut their GDP forecasts below 5%, citing a property slump and weakened consumer spending.
🚗 European car sales stagnated in July as electric vehicle demand plummeted 37% in Germany, the region's largest market. This contributed to just a 0.4% overall increase in new-car registrations.
💰 Berkshire Hathaway became the first US company outside the tech sector to surpass $1 trillion in market value, with its shares rising 30% in 2024, outpacing the S&P 500's 17% gain.
🛢 Oil prices increased, with Brent rising to $78.80 a barrel, as concerns over Libyan supply disruptions, which could affect up to 1 million barrels per day, offset a smaller-than-expected US crude inventory draw of 846,000 barrels.
🇳🇿 New Zealand business confidence surged to a 10-year high in August, boosting the Kiwi dollar, as the central bank's rate cuts fueled optimism.
🌐 Amazon has secured approval to purchase land in New Zealand for its Project Kuiper, which aims to deliver the Internet via a constellation of over 3,000 low-earth orbit satellites. #AMAZON shares are down 1.34%.
🍎 According to a Nikkei report, Apple has ordered components for over 10% more iPhones than last year, betting on AI-driven sales growth ahead of the iPhone 16 launch. #APPLE stock is down 0.68%.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon
🌤 Happy Thursday, dear traders! Let's check the news moving the financial markets today:
📉 #NVIDIA stock dropped to 8.4% after disappointing forecasts and production issues with its Blackwell chips. This was despite Q2 revenue of $30 billion, surpassing analyst estimates of $28.9 billion.
🇨🇳 China's 5% growth target is increasingly doubtful as UBS, JPMorgan, and Nomura cut their GDP forecasts below 5%, citing a property slump and weakened consumer spending.
🚗 European car sales stagnated in July as electric vehicle demand plummeted 37% in Germany, the region's largest market. This contributed to just a 0.4% overall increase in new-car registrations.
💰 Berkshire Hathaway became the first US company outside the tech sector to surpass $1 trillion in market value, with its shares rising 30% in 2024, outpacing the S&P 500's 17% gain.
🛢 Oil prices increased, with Brent rising to $78.80 a barrel, as concerns over Libyan supply disruptions, which could affect up to 1 million barrels per day, offset a smaller-than-expected US crude inventory draw of 846,000 barrels.
🇳🇿 New Zealand business confidence surged to a 10-year high in August, boosting the Kiwi dollar, as the central bank's rate cuts fueled optimism.
🌐 Amazon has secured approval to purchase land in New Zealand for its Project Kuiper, which aims to deliver the Internet via a constellation of over 3,000 low-earth orbit satellites. #AMAZON shares are down 1.34%.
🍎 According to a Nikkei report, Apple has ordered components for over 10% more iPhones than last year, betting on AI-driven sales growth ahead of the iPhone 16 launch. #APPLE stock is down 0.68%.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon
❤1👍1
#MarketNews
☀️Happy Tuesday, dear traders! Let's check the news moving the financial markets today:
⚡️Morgan Stanley predicts the euro will fall 7% to near parity with the dollar by year-end as the European Central Bank accelerates rate cuts to combat economic weakness.
🇨🇳China's $6.5 trillion stock market rout worsens Xi Jinping's economic challenges as declining equities and deflation erode confidence.
🍎Apple launched the iPhone 16, banking on future AI features to boost demand and sustain its flagship product, which generates about 50% of its annual revenue. #APPLE stock is up slightly by 0.04%.
🔥Top oil traders are facing diminished profits as market volatility, fueled by events like COVID-19 and the Russia-Ukraine war, subsides. Oil prices are on track for their narrowest range since 2004.
📈Despite a slight slowdown from July's growth rate, TSMC's August revenue surged 33%, driven by strong demand for AI chips. #TSM stock is up 3.80%.
💯Platinum is set for a record deficit of over 1 million ounces in 2024, yet prices have been slow to recover despite rising demand from ETFs and China.
📈 #ORACLE shares surged 9% after the company reported better-than-expected profits and a 21% rise in cloud revenue, driven by growing AI demand and a new cloud agreement with Amazon Web Services.
🛒 #ALIBABA (+0.32%) shares outperform the broader Hong Kong Tech Index after securing a primary listing in Hong Kong, which could attract billions of dollars from Chinese investors.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
☀️Happy Tuesday, dear traders! Let's check the news moving the financial markets today:
⚡️Morgan Stanley predicts the euro will fall 7% to near parity with the dollar by year-end as the European Central Bank accelerates rate cuts to combat economic weakness.
🇨🇳China's $6.5 trillion stock market rout worsens Xi Jinping's economic challenges as declining equities and deflation erode confidence.
🍎Apple launched the iPhone 16, banking on future AI features to boost demand and sustain its flagship product, which generates about 50% of its annual revenue. #APPLE stock is up slightly by 0.04%.
🔥Top oil traders are facing diminished profits as market volatility, fueled by events like COVID-19 and the Russia-Ukraine war, subsides. Oil prices are on track for their narrowest range since 2004.
📈Despite a slight slowdown from July's growth rate, TSMC's August revenue surged 33%, driven by strong demand for AI chips. #TSM stock is up 3.80%.
💯Platinum is set for a record deficit of over 1 million ounces in 2024, yet prices have been slow to recover despite rising demand from ETFs and China.
📈 #ORACLE shares surged 9% after the company reported better-than-expected profits and a 21% rise in cloud revenue, driven by growing AI demand and a new cloud agreement with Amazon Web Services.
🛒 #ALIBABA (+0.32%) shares outperform the broader Hong Kong Tech Index after securing a primary listing in Hong Kong, which could attract billions of dollars from Chinese investors.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
👍1
#MarketNews
☀️ Happy Wednesday, dear traders! Today, September 18, we're bringing you the day's most thrilling news highlights:
☄️ The Federal Reserve is expected to announce a rate cut today, likely 25 or 50 basis points, bringing rates to 5%-5.25%, with markets pricing in over 1% in total cuts by the end of the year.
🇯🇵 Japan's export growth slowed to 5.6% in August, with a 0.7% decline in shipments to the US, marking the first drop in nearly three years. This was driven by a 9.9% fall in auto exports.
🛢 Brent crude oil rose 2.1% to $74.28 per barrel, supported by Libyan production disruptions and US hurricane season risks.
📈 The US500 climbed 0.66% to reach a new all-time high of 5670 points. At the same time, the US30 also hit a new high of 41,835 points amid an upcoming Federal Reserve rate decision.
✂️ #INTEL is cutting costs and restructuring, halting factory projects in Germany and Poland, and pausing Malaysian production. However, shares rose by over 6% after receiving a $3.5 billion federal grant.
🍎 Apple is in early talks with JPMorgan to take over its credit card program from Goldman Sachs, including negotiations over the $17 billion loan portfolio. #APPLE shares rise 0.22%
📱 Facebook is facing a significant EU antitrust fine for allegedly using its Marketplace to dominate the classified ads market, with a decision expected as early as next month. Shares of #FACEBOOK were up 0.57%.
✈️ Boeing and its 30,000-strong union will resume talks Wednesday after a strike halted production. The union seeks a 40% raise versus Boeing's 25% offer. #BA stock is up 0.54%.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
☀️ Happy Wednesday, dear traders! Today, September 18, we're bringing you the day's most thrilling news highlights:
☄️ The Federal Reserve is expected to announce a rate cut today, likely 25 or 50 basis points, bringing rates to 5%-5.25%, with markets pricing in over 1% in total cuts by the end of the year.
🇯🇵 Japan's export growth slowed to 5.6% in August, with a 0.7% decline in shipments to the US, marking the first drop in nearly three years. This was driven by a 9.9% fall in auto exports.
🛢 Brent crude oil rose 2.1% to $74.28 per barrel, supported by Libyan production disruptions and US hurricane season risks.
📈 The US500 climbed 0.66% to reach a new all-time high of 5670 points. At the same time, the US30 also hit a new high of 41,835 points amid an upcoming Federal Reserve rate decision.
✂️ #INTEL is cutting costs and restructuring, halting factory projects in Germany and Poland, and pausing Malaysian production. However, shares rose by over 6% after receiving a $3.5 billion federal grant.
🍎 Apple is in early talks with JPMorgan to take over its credit card program from Goldman Sachs, including negotiations over the $17 billion loan portfolio. #APPLE shares rise 0.22%
📱 Facebook is facing a significant EU antitrust fine for allegedly using its Marketplace to dominate the classified ads market, with a decision expected as early as next month. Shares of #FACEBOOK were up 0.57%.
✈️ Boeing and its 30,000-strong union will resume talks Wednesday after a strike halted production. The union seeks a 40% raise versus Boeing's 25% offer. #BA stock is up 0.54%.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
🔥Great Opportunity🔥
🍎 #APPLE could bring almost 2000 points after breaking the boundary of the ascending triangle by updating ATH. The price has reached the upper Bollinger line, so a small decline before growth is possible.
#TradeIdea
🔼 Buying #APPLE on a further rise above 243.0 could be considered;
🎯 TP: 262.0;
Click 👍if you are trading on the annual stock rally in December!!!
🍎 #APPLE could bring almost 2000 points after breaking the boundary of the ascending triangle by updating ATH. The price has reached the upper Bollinger line, so a small decline before growth is possible.
#TradeIdea
🔼 Buying #APPLE on a further rise above 243.0 could be considered;
🎯 TP: 262.0;
Click 👍if you are trading on the annual stock rally in December!!!
☀️ Morning, traders! Here’s what’s making waves in the financial markets today:
🥇Gold is set to shine in 2025, averaging $2,760 an ounce, driven by geopolitical tensions and central bank demand. Meanwhile, ING Groep NV warns that other commodities face pressure from trade disputes and uncertain Chinese stimulus.
🇺🇸 Trump's 2025 economic agenda signals a gradual shift toward protectionism, tax cuts, and reduced US security guarantees, with potential global disruptions intensifying by 2026 as free trade, fiscal responsibility, and international alliances face mounting challenges.
🚀 #TESLA stock surged 69% since Trump's win, closing at an all-time high of $424.77, fueled by strong China sales, optimism around federal approvals for autonomous tech, and Musk's growing political influence.
💰 Bitcoin surged past $100K, buoyed by steady inflation data and rising odds of a December Fed rate cut, with its market cap nearing $2 trillion.
💵 US100 surpassed the 20,000 mark for the first time, setting a new record high of 20,003.41. Major stocks like #APPLE and #FACEBOOK also reached all-time highs.
#MarketNews
📆 CALENDAR FOR TODAY - 12.12.2024
🔔 Thursday:
🇨🇭 SNB Monetary Policy Assessment - 10:30 GMT+2
🇨🇭 SNB Policy Rate - 10:30 GMT+2
🇪🇺 Main Refinancing Rate - 15:15 GMT+2
🇪🇺 Monetary Policy Statement - 15:15 GMT+2
🇺🇸 Core PPI m/m - 15:30 GMT+2
🇺🇸 PPI m/m - 15:30 GMT+2
🇺🇸 Unemployment Claims - 15:30 GMT+2
🇪🇺 ECB Press Conference - 15:45 GMT+2
That’s it for today, guys! Click on 👍if you liked our review, and see you soon!
🥇Gold is set to shine in 2025, averaging $2,760 an ounce, driven by geopolitical tensions and central bank demand. Meanwhile, ING Groep NV warns that other commodities face pressure from trade disputes and uncertain Chinese stimulus.
🇺🇸 Trump's 2025 economic agenda signals a gradual shift toward protectionism, tax cuts, and reduced US security guarantees, with potential global disruptions intensifying by 2026 as free trade, fiscal responsibility, and international alliances face mounting challenges.
🚀 #TESLA stock surged 69% since Trump's win, closing at an all-time high of $424.77, fueled by strong China sales, optimism around federal approvals for autonomous tech, and Musk's growing political influence.
💰 Bitcoin surged past $100K, buoyed by steady inflation data and rising odds of a December Fed rate cut, with its market cap nearing $2 trillion.
💵 US100 surpassed the 20,000 mark for the first time, setting a new record high of 20,003.41. Major stocks like #APPLE and #FACEBOOK also reached all-time highs.
#MarketNews
📆 CALENDAR FOR TODAY - 12.12.2024
🔔 Thursday:
🇨🇭 SNB Monetary Policy Assessment - 10:30 GMT+2
🇨🇭 SNB Policy Rate - 10:30 GMT+2
🇪🇺 Main Refinancing Rate - 15:15 GMT+2
🇪🇺 Monetary Policy Statement - 15:15 GMT+2
🇺🇸 Core PPI m/m - 15:30 GMT+2
🇺🇸 PPI m/m - 15:30 GMT+2
🇺🇸 Unemployment Claims - 15:30 GMT+2
🇪🇺 ECB Press Conference - 15:45 GMT+2
That’s it for today, guys! Click on 👍if you liked our review, and see you soon!
☀️ Morning, traders! Here’s what’s making waves in the financial markets today:
☄️ The Federal Reserve cut rates by 0.25% to 4.25%- 4.5%, signaling only two cuts in 2025 as inflation progress remains slower than expected. Projections show inflation at 2.5% and unemployment at 4.3% by the end of next year.
📉 US stocks tumbled as the Dow dropped 2.58%, the S&P 500 fell 2.95%, and the Nasdaq slid 3.56%, following a Fed rate cut and signals of a slower easing pace in 2025.
💬 Volkswagen (#VOW) nears a deal to keep 125,000 German jobs secure until 2030 by trading bonus concessions, aiming to save €17 billion with measures like shifting Golf production to Mexico.
🍎 #APPLE is in early talks with Tencent and ByteDance to integrate AI models into iPhones in China, as its market share dropped 0.3% in Q3 while Huawei's surged 42%.
#MarketNews
📆 CALENDAR FOR TODAY - 19.12.2024
🔔 Thursday:
🇬🇧 Monetary Policy Summary - 14:00 GMT+2
🇬🇧 MPC Official Bank Rate Votes - 14:00 GMT+2
🇬🇧 Official Bank Rate - 14:00 GMT+2
🇺🇸 Final GDP q/q - 15:30 GMT+2
🇺🇸 Unemployment Claims - 15:30 GMT+2
That’s it for today, guys! Click on 👍if you liked our review, and see you soon!
☄️ The Federal Reserve cut rates by 0.25% to 4.25%- 4.5%, signaling only two cuts in 2025 as inflation progress remains slower than expected. Projections show inflation at 2.5% and unemployment at 4.3% by the end of next year.
📉 US stocks tumbled as the Dow dropped 2.58%, the S&P 500 fell 2.95%, and the Nasdaq slid 3.56%, following a Fed rate cut and signals of a slower easing pace in 2025.
💬 Volkswagen (#VOW) nears a deal to keep 125,000 German jobs secure until 2030 by trading bonus concessions, aiming to save €17 billion with measures like shifting Golf production to Mexico.
🍎 #APPLE is in early talks with Tencent and ByteDance to integrate AI models into iPhones in China, as its market share dropped 0.3% in Q3 while Huawei's surged 42%.
#MarketNews
📆 CALENDAR FOR TODAY - 19.12.2024
🔔 Thursday:
🇬🇧 Monetary Policy Summary - 14:00 GMT+2
🇬🇧 MPC Official Bank Rate Votes - 14:00 GMT+2
🇬🇧 Official Bank Rate - 14:00 GMT+2
🇺🇸 Final GDP q/q - 15:30 GMT+2
🇺🇸 Unemployment Claims - 15:30 GMT+2
That’s it for today, guys! Click on 👍if you liked our review, and see you soon!
☀️ Good morning, dear traders! Let's check the news moving the financial markets today:
🥇Gold rises 0.3% to $2,924.36 after a 1.3% drop, staying $30 below its record high, as weak US data, Fed rate cut bets, and Trump's tariff threats boost demand.
💰 Bitcoin plunges below $90,000, shedding 20% since Trump's inauguration amid macro uncertainty, ETF outflows, and a massive crypto hack.
📣 BofA strategist Michael Hartnett warns that doubts about the S&P 500 rally are growing as European and Chinese stocks outperform, expecting fiscal measures if the index drops 6%.
🇨🇳 Xi Jinping urged officials to stay calm and focus on economic stability as the US ramps up trade and investment restrictions against China.
🍎 #APPLE stock stands at $247.04 as the company defends its 27% App Store fee in court, acknowledging revenue concerns despite legal risks and Epic Games' objections.
#MarketNews
📆 CALENDAR FOR TODAY - 26.02.2025
🔥 Wednesday:
🇺🇸 Crude Oil Inventories - 17:30 GMT+2
Click on ❤️ if you liked our review, and see you soon!
🥇Gold rises 0.3% to $2,924.36 after a 1.3% drop, staying $30 below its record high, as weak US data, Fed rate cut bets, and Trump's tariff threats boost demand.
💰 Bitcoin plunges below $90,000, shedding 20% since Trump's inauguration amid macro uncertainty, ETF outflows, and a massive crypto hack.
📣 BofA strategist Michael Hartnett warns that doubts about the S&P 500 rally are growing as European and Chinese stocks outperform, expecting fiscal measures if the index drops 6%.
🇨🇳 Xi Jinping urged officials to stay calm and focus on economic stability as the US ramps up trade and investment restrictions against China.
🍎 #APPLE stock stands at $247.04 as the company defends its 27% App Store fee in court, acknowledging revenue concerns despite legal risks and Epic Games' objections.
#MarketNews
📆 CALENDAR FOR TODAY - 26.02.2025
🔥 Wednesday:
🇺🇸 Crude Oil Inventories - 17:30 GMT+2
Click on ❤️ if you liked our review, and see you soon!
🔤🔤🔤🔤
☄️ The EU and US rushed to finalize a trade deal imposing 15% tariffs on most EU exports, pledging $750B in US energy purchases and $600B in investments, while critics warn of economic fallout.
🇨🇳 China’s trade juggernaut hit its first snag since May, with port cargo plunging 7% to 6.2M containers last week as the country adjusts to lingering 50% US tariffs despite a still-strong 3,500 cargo flights.
🍎 #APPLE will shutter its first-ever retail store in China on Aug. 9, citing changes at Dalian’s Parkland Mall while continuing global expansion, with shares closing at $214.05.
🛢 Oil held firm after Trump warned Russia to strike a Ukraine truce within 10–12 days or face sanctions, with crude closing at $66.76.
📈 Eni SpA beat profit forecasts with €1.13B in Q2 earnings, driven by cost cuts and asset sales despite weak oil, with shares closing at €14.75.
#MarketNews
📆 CALENDAR FOR TODAY - 29.07.2025
🇺🇸 JOLTS Job Openings - 17:00 GMT+3;
💬New trading day, new opportunities! Stay with us for the latest market insights!
☄️ The EU and US rushed to finalize a trade deal imposing 15% tariffs on most EU exports, pledging $750B in US energy purchases and $600B in investments, while critics warn of economic fallout.
🇨🇳 China’s trade juggernaut hit its first snag since May, with port cargo plunging 7% to 6.2M containers last week as the country adjusts to lingering 50% US tariffs despite a still-strong 3,500 cargo flights.
🍎 #APPLE will shutter its first-ever retail store in China on Aug. 9, citing changes at Dalian’s Parkland Mall while continuing global expansion, with shares closing at $214.05.
🛢 Oil held firm after Trump warned Russia to strike a Ukraine truce within 10–12 days or face sanctions, with crude closing at $66.76.
📈 Eni SpA beat profit forecasts with €1.13B in Q2 earnings, driven by cost cuts and asset sales despite weak oil, with shares closing at €14.75.
#MarketNews
📆 CALENDAR FOR TODAY - 29.07.2025
🇺🇸 JOLTS Job Openings - 17:00 GMT+3;
💬New trading day, new opportunities! Stay with us for the latest market insights!