#MarketNews
🌤 Happy Thursday, dear traders! Let's check the news moving the financial markets today:
🏆 Nvidia has surpassed Apple to become the world's second-largest company by market capitalization, behind only Microsoft. The company's market cap has exceeded $3 trillion. Nvidia shares rose to 1224.38.
🇪🇺 At today's meeting, analysts almost unanimously predict a quarter-point ECB rate cut to 3.75%. EURUSD consolidates at 1.0880..
🤝 Apple and OpenAI are expected to announce a partnership next week at the Apple Developers Conference. Apple shares rose to $195.86.
✂️ The Federal Reserve is expected to start lowering interest rates in September. According to a Reuters poll, most analysts believe the Fed will cut rates by 0.5% this year (twice by 0.25%). The US dollar dropped to 104.22.
🚀 Boeing's Starliner has finally been successfully launched after multiple launch delays. #BA shares rose to 189.85.
🇯🇵 The Bank of Japan will cautiously continue to adjust interest rates (which are currently starting to increase) and reduce the purchase volumes of government bonds as it exits its ultra-loose monetary policy. USDJPY trades at 156.08.
👮♂️ According to the New York Times, US regulators will begin antitrust investigations into Microsoft, OpenAI, and Nvidia due to their significant dominance in the AI market.
🛢 According to the Energy Minister, Saudi Arabia plans to significantly increase oil production over the next three years, aiming to reach 12.3 million barrels per day by 2028. XBRUSD consolidates at 78.58.
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 has surpassed Apple to become the world's second-largest company by market capitalization, behind only Microsoft. The company's market cap has exceeded $3 trillion. Nvidia shares rose to 1224.38.
🇪🇺 At today's meeting, analysts almost unanimously predict a quarter-point ECB rate cut to 3.75%. EURUSD consolidates at 1.0880..
🤝 Apple and OpenAI are expected to announce a partnership next week at the Apple Developers Conference. Apple shares rose to $195.86.
✂️ The Federal Reserve is expected to start lowering interest rates in September. According to a Reuters poll, most analysts believe the Fed will cut rates by 0.5% this year (twice by 0.25%). The US dollar dropped to 104.22.
🚀 Boeing's Starliner has finally been successfully launched after multiple launch delays. #BA shares rose to 189.85.
🇯🇵 The Bank of Japan will cautiously continue to adjust interest rates (which are currently starting to increase) and reduce the purchase volumes of government bonds as it exits its ultra-loose monetary policy. USDJPY trades at 156.08.
👮♂️ According to the New York Times, US regulators will begin antitrust investigations into Microsoft, OpenAI, and Nvidia due to their significant dominance in the AI market.
🛢 According to the Energy Minister, Saudi Arabia plans to significantly increase oil production over the next three years, aiming to reach 12.3 million barrels per day by 2028. XBRUSD consolidates at 78.58.
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 Thursday, dear traders! Let's check the news moving the financial markets today:
🔥 According to the International Gas Union, the global LNG market faces supply uncertainties due to sanctions on Russian fuel, aging plants, and attacks on ships in the Red Sea. XNGUSD dropped to 2.75.
🌥 Google is partnering with CME Group to create a new cloud computing network, enabling the exchange to move futures and options trading to the cloud. Google shares rose to 183.85.
🌐 BofA: SP500 stock correlation hits a 20-year low. JPMorgan sees a Dotcom bubble-like dominance by a few major US stocks. US500 consolidates at 5476.
🇹🇷 According to a BBG survey, analysts expect Turkey's central bank to maintain the interest rate at 50% during the June 27 meeting. USDTRY rose to 32.87 after a correction.
🇨🇳 China faces a housing oversupply crisis, prompting authorities to lower minimum down payments and urge reductions in unsold homes. The real estate sector is over 25% of China's GDP. HK50 dropped to 17677
🇯🇵 Japan will take necessary measures to protect the yen, says Finance Minister Suzuki, as the yen falls to its lowest level against the dollar since 1986. USDJPY rises to 160.47.
🛫 Boeing has resumed deliveries of wide-body jets to China, which has led to a rise in #BA shares to 178.50.
🤖 Microsoft is the top choice for 874 hedge funds, driven by its significant AI advancements. Microsoft shares are at 452.12.
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:
🔥 According to the International Gas Union, the global LNG market faces supply uncertainties due to sanctions on Russian fuel, aging plants, and attacks on ships in the Red Sea. XNGUSD dropped to 2.75.
🌥 Google is partnering with CME Group to create a new cloud computing network, enabling the exchange to move futures and options trading to the cloud. Google shares rose to 183.85.
🌐 BofA: SP500 stock correlation hits a 20-year low. JPMorgan sees a Dotcom bubble-like dominance by a few major US stocks. US500 consolidates at 5476.
🇹🇷 According to a BBG survey, analysts expect Turkey's central bank to maintain the interest rate at 50% during the June 27 meeting. USDTRY rose to 32.87 after a correction.
🇨🇳 China faces a housing oversupply crisis, prompting authorities to lower minimum down payments and urge reductions in unsold homes. The real estate sector is over 25% of China's GDP. HK50 dropped to 17677
🇯🇵 Japan will take necessary measures to protect the yen, says Finance Minister Suzuki, as the yen falls to its lowest level against the dollar since 1986. USDJPY rises to 160.47.
🛫 Boeing has resumed deliveries of wide-body jets to China, which has led to a rise in #BA shares to 178.50.
🤖 Microsoft is the top choice for 874 hedge funds, driven by its significant AI advancements. Microsoft shares are at 452.12.
That's it for today, guys! Click on 🔥 if you liked our review, and see you soon!
👍1
#MarketNews
👋Good morning, dear traders! How are you? Let’s discuss the most exciting news for the beginning of the week.
😎 According to CNBC, Apple is selling the Vision Pro in China at prices 18% higher than in the US. However, Apple shares have dropped to $210.40.
💸 According to Bloomberg, crypto investors ponder the future post-ETF mania, with inflows dropping 80% in Q2. Despite this, BTCUSD has risen to 63 311.
🌐 According to Bloomberg, the S&P 500 set records 31 times in the first half of 2024, the second-highest in 100 years. US500 has been corrected to 5485.
🇨🇳 China's economy continues to recover, with the actual Manufacturing PMI at 49.5. However, the HK50 has dropped to 17 670.
✈️ On Sunday, Boeing (#BA) announced its acquisition of Spirit AeroSystems for over $4 billion, leading #BA shares to rise to 182.
🛢 Starting July 1st, OPEC+ countries have extended voluntary oil production cuts by 2.2 million barrels per day for the third quarter. As a result, XBRUSD rose to 85.50.
🇫🇷 French CAC 40 futures (FR40) opened +2.8% higher, driven by the strong performance of far-right leaders in the first round of parliamentary elections. FR40 rose to 7696.
⚫️ BlackRock has agreed to acquire UK data provider Preqin in a $3.22 billion deal, enhancing its data capabilities as it expands into private-market investments. Following the announcement, #BLK rose to 787.32.
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.
😎 According to CNBC, Apple is selling the Vision Pro in China at prices 18% higher than in the US. However, Apple shares have dropped to $210.40.
💸 According to Bloomberg, crypto investors ponder the future post-ETF mania, with inflows dropping 80% in Q2. Despite this, BTCUSD has risen to 63 311.
🌐 According to Bloomberg, the S&P 500 set records 31 times in the first half of 2024, the second-highest in 100 years. US500 has been corrected to 5485.
🇨🇳 China's economy continues to recover, with the actual Manufacturing PMI at 49.5. However, the HK50 has dropped to 17 670.
✈️ On Sunday, Boeing (#BA) announced its acquisition of Spirit AeroSystems for over $4 billion, leading #BA shares to rise to 182.
🛢 Starting July 1st, OPEC+ countries have extended voluntary oil production cuts by 2.2 million barrels per day for the third quarter. As a result, XBRUSD rose to 85.50.
🇫🇷 French CAC 40 futures (FR40) opened +2.8% higher, driven by the strong performance of far-right leaders in the first round of parliamentary elections. FR40 rose to 7696.
⚫️ BlackRock has agreed to acquire UK data provider Preqin in a $3.22 billion deal, enhancing its data capabilities as it expands into private-market investments. Following the announcement, #BLK rose to 787.32.
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 Wednesday, dear traders! Today, August 14, we're bringing you the day's most thrilling news highlights:
📈 Long positions in US tech stocks remain substantial. Negative economic surprises could trigger a fresh wave of sell-offs. US500 rises to 5442.
🇨🇳 Trading volume on Chinese exchanges has dropped to its lowest level since 2020. Analysts attribute this to lower returns on Chinese stocks compared to bonds. HK50 trades at 17 095.
🇺🇸 International managers expect at least four Fed rate cuts this year, according to the August BofA survey. UsDollar falls to 102.59.
⚠️ According to the August BofA survey, global managers consider "recession" the primary risk for markets, with "geopolitics" and "inflation" taking a backseat.
🛢 Managers have reduced long positions in Brent crude to a historic low, with the fastest reduction rate in four years, according to CFTC data. XBRUSD dropped to 80.60.
🛫 Boeing will likely miss a key 737 MAX jet production target in 2024, say analysts at rating agencies Moody's and S&P. #BA trades at 169.50
🇬🇧 Britain’s inflation rate rose by 2.2%, less than expected by economists and the Bank of England, leading traders to increase bets on further interest rate cuts. GBPUSD rises to 1.2830.
🇳🇿 New Zealand’s central bank cut interest rates to 5.25%, initiating an easing cycle earlier than expected due to a weakening economy and slowing inflation. NZDUSD dropped to 0.6016.
That's it for today, guys! Click on 👍if you liked our review, and see you soon!
☀️ Happy Wednesday, dear traders! Today, August 14, we're bringing you the day's most thrilling news highlights:
📈 Long positions in US tech stocks remain substantial. Negative economic surprises could trigger a fresh wave of sell-offs. US500 rises to 5442.
🇨🇳 Trading volume on Chinese exchanges has dropped to its lowest level since 2020. Analysts attribute this to lower returns on Chinese stocks compared to bonds. HK50 trades at 17 095.
🇺🇸 International managers expect at least four Fed rate cuts this year, according to the August BofA survey. UsDollar falls to 102.59.
⚠️ According to the August BofA survey, global managers consider "recession" the primary risk for markets, with "geopolitics" and "inflation" taking a backseat.
🛢 Managers have reduced long positions in Brent crude to a historic low, with the fastest reduction rate in four years, according to CFTC data. XBRUSD dropped to 80.60.
🛫 Boeing will likely miss a key 737 MAX jet production target in 2024, say analysts at rating agencies Moody's and S&P. #BA trades at 169.50
🇬🇧 Britain’s inflation rate rose by 2.2%, less than expected by economists and the Bank of England, leading traders to increase bets on further interest rate cuts. GBPUSD rises to 1.2830.
🇳🇿 New Zealand’s central bank cut interest rates to 5.25%, initiating an easing cycle earlier than expected due to a weakening economy and slowing inflation. NZDUSD dropped to 0.6016.
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
👋 Good morning, dear traders! How are you? Let’s discuss the most exciting news for the beginning of the week.
🌐 The S&P 500 is having its worst week of the year as tech stocks plunge and labor market data disappoint, according to CNBC. US500 has dropped to 5450.
🇺🇸 Fed's Goolsbee suggests there is substantial agreement within the Federal Reserve for multiple rate cuts ahead. The UsDollar has climbed to 101.34.
📉 Berkshire Hathaway is aggressively selling Bank of America shares this year, reaching record levels. #BOFA shares have dropped to 38.78.
🛢 S&P Global expects OPEC+ will hold off on increasing oil production until 2025, contrary to earlier reports suggesting a potential boost by December this year. XBRUSD has dropped to 71.70
🛩 Boeing has reached an agreement with the union for a 25% wage increase. However, #BA shares have dropped to 157.66.
🍎 Apple announced an event for September 9, where the company is expected to unveil new iPhones and Apple Watch models. Apple shares have dropped to 220.85.
🇨🇳 China must act to avoid following Japan's "lost generation" path, as its GDP deflator and producer price index dropped significantly this week. HK50 has declined to 17 105.
🇯🇵 The Bank of Japan could still hike rates by the end of the year, as recent market turmoil hasn’t had a lasting impact, according to a former senior official. USDJPY has risen to 143.12.
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 S&P 500 is having its worst week of the year as tech stocks plunge and labor market data disappoint, according to CNBC. US500 has dropped to 5450.
🇺🇸 Fed's Goolsbee suggests there is substantial agreement within the Federal Reserve for multiple rate cuts ahead. The UsDollar has climbed to 101.34.
📉 Berkshire Hathaway is aggressively selling Bank of America shares this year, reaching record levels. #BOFA shares have dropped to 38.78.
🛢 S&P Global expects OPEC+ will hold off on increasing oil production until 2025, contrary to earlier reports suggesting a potential boost by December this year. XBRUSD has dropped to 71.70
🛩 Boeing has reached an agreement with the union for a 25% wage increase. However, #BA shares have dropped to 157.66.
🍎 Apple announced an event for September 9, where the company is expected to unveil new iPhones and Apple Watch models. Apple shares have dropped to 220.85.
🇨🇳 China must act to avoid following Japan's "lost generation" path, as its GDP deflator and producer price index dropped significantly this week. HK50 has declined to 17 105.
🇯🇵 The Bank of Japan could still hike rates by the end of the year, as recent market turmoil hasn’t had a lasting impact, according to a former senior official. USDJPY has risen to 143.12.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
❤1
#MarketNews
☀️ Happy Friday, dear traders! This week was intense, and we hope you enjoyed it! Let's look at our end-of-week news:
🛢 OPEC+ is increasingly deviating from its planned oil production targets, reducing the deal's effectiveness in influencing crude prices. XBRUSD rose to 71.95.
🥇 Gold prices hit a new all-time high amid expectations of upcoming Fed rate cuts. XAUUSD rose to 71.95.
🌐 Small-cap stocks are outperforming the S&P 500 this quarter as investors anticipate a Fed rate cut. US500 currently rises to 5602.
🇨🇳 Western companies are pulling back investments in China, with major names like Apple, Walmart, IBM, and Honda Motor losing interest, reports the WSJ. HK50 trades at 17,385.
🛩 Boeing is facing a potential strike as workers overwhelmingly rejected a new contract and are preparing for action, reports CNBC. Despite the looming strike, #BA shares rose to 162.82.
🇺🇸 BofA predicts that interest payments on the US national debt will continue to rise alongside the growing debt, even if the Fed reduces rates. UsDollar declined to 101.08.
🇪🇺 The European Central Bank is expected to continue lowering borrowing costs as inflation cools, with projections indicating further rate cuts are necessary. EURUSD rises to 1.1075.
🇯🇵 Just over half of Bank of Japan analysts expect the next rate hike in December, with no policy change anticipated at the upcoming meeting, according to a Bloomberg survey. USDJPY declined to 141.13.
❓How was your trading week? Share your opinion in the comments.👇
☀️ Happy Friday, dear traders! This week was intense, and we hope you enjoyed it! Let's look at our end-of-week news:
🛢 OPEC+ is increasingly deviating from its planned oil production targets, reducing the deal's effectiveness in influencing crude prices. XBRUSD rose to 71.95.
🥇 Gold prices hit a new all-time high amid expectations of upcoming Fed rate cuts. XAUUSD rose to 71.95.
🌐 Small-cap stocks are outperforming the S&P 500 this quarter as investors anticipate a Fed rate cut. US500 currently rises to 5602.
🇨🇳 Western companies are pulling back investments in China, with major names like Apple, Walmart, IBM, and Honda Motor losing interest, reports the WSJ. HK50 trades at 17,385.
🛩 Boeing is facing a potential strike as workers overwhelmingly rejected a new contract and are preparing for action, reports CNBC. Despite the looming strike, #BA shares rose to 162.82.
🇺🇸 BofA predicts that interest payments on the US national debt will continue to rise alongside the growing debt, even if the Fed reduces rates. UsDollar declined to 101.08.
🇪🇺 The European Central Bank is expected to continue lowering borrowing costs as inflation cools, with projections indicating further rate cuts are necessary. EURUSD rises to 1.1075.
🇯🇵 Just over half of Bank of Japan analysts expect the next rate hike in December, with no policy change anticipated at the upcoming meeting, according to a Bloomberg survey. USDJPY declined to 141.13.
❓How was your trading week? Share your opinion in the comments.👇
👏1
#MarketNews
👋 Good morning, dear traders! How are you? Let’s discuss the most exciting news for the beginning of the week.
🥇 Gold prices surged to a record high of $2,589 per ounce amid growing bets on a Federal Reserve rate cut and reports of a second assassination attempt on Donald Trump.
☄️ The Federal Reserve is expected to lower interest rates by at least 0.25% this week for the first time in over four years to achieve a soft landing for the US economy. Some investors anticipate a 0.50% cut.
🇬🇧 Traders expect the Bank of England to accelerate rate cuts starting in November, with Goldman Sachs predicting a 0.25% reduction amid slowing growth and a £22 billion fiscal shortfall.
🇨🇳 China's deepening slowdown in August, with industrial output and investment falling short, has prompted growth forecasts of 4.6%-4.7%, below the 5% target.
🇯🇵 The yen strengthened beyond 140 per dollar for the first time since 2023, rallying from a low of 161.95 in July. This quarter, the yen marked a 15% gain amid expectations of a narrowing US-Japan interest rate gap.
🛢 According to the US offshore energy regulator, nearly a fifth of crude oil and 28% of natural gas production in the US Gulf of Mexico remains offline after Hurricane Francine.
📈 Intel has secured a $3.5 billion federal grant to produce semiconductors for the Pentagon under the Secure Enclave program, supporting facilities in Arizona and other US states. #INTEL stock up 1.55%
🛩 More than 30,000 Boeing factory workers went on strike, halting production after rejecting a labor contract with 96% voting in favor of the walkout, marking the first strike since 2008. Shares of #BA fell 3.69%.
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.
🥇 Gold prices surged to a record high of $2,589 per ounce amid growing bets on a Federal Reserve rate cut and reports of a second assassination attempt on Donald Trump.
☄️ The Federal Reserve is expected to lower interest rates by at least 0.25% this week for the first time in over four years to achieve a soft landing for the US economy. Some investors anticipate a 0.50% cut.
🇬🇧 Traders expect the Bank of England to accelerate rate cuts starting in November, with Goldman Sachs predicting a 0.25% reduction amid slowing growth and a £22 billion fiscal shortfall.
🇨🇳 China's deepening slowdown in August, with industrial output and investment falling short, has prompted growth forecasts of 4.6%-4.7%, below the 5% target.
🇯🇵 The yen strengthened beyond 140 per dollar for the first time since 2023, rallying from a low of 161.95 in July. This quarter, the yen marked a 15% gain amid expectations of a narrowing US-Japan interest rate gap.
🛢 According to the US offshore energy regulator, nearly a fifth of crude oil and 28% of natural gas production in the US Gulf of Mexico remains offline after Hurricane Francine.
📈 Intel has secured a $3.5 billion federal grant to produce semiconductors for the Pentagon under the Secure Enclave program, supporting facilities in Arizona and other US states. #INTEL stock up 1.55%
🛩 More than 30,000 Boeing factory workers went on strike, halting production after rejecting a labor contract with 96% voting in favor of the walkout, marking the first strike since 2008. Shares of #BA fell 3.69%.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
#MarketNews
☀️Happy Tuesday, dear traders! Let's check the news moving the financial markets today:
🛢 The oil market faces a potential short squeeze as speculators hold a historic net short position on Brent, while supply concerns may be overstated. XBRUSD rises to 72.68
🛩 Due to the strike, Boeing's credit rating is under review for a potential downgrade to "junk" status. #BA shares declined to 155.53.
🇯🇵 Futures traders have flipped from a record short to the most prominent long position in the yen since 2016. USDJPY consolidates at 140.57.
📱 iPhone 16 sales during the first weekend are estimated at 37 million units, down 12.7% compared to the iPhone 15's launch weekend sales last year. Apple shares fell to 216 (-2.70%).
🇨🇳 According to CNBC, major investors like David Tepper and Michael Burry are increasing their bets on China despite Chinese stocks being at a five-year low. HK50 rises to 17,635.
✂️ Market uncertainty regarding the size of the upcoming Fed rate cut (0.25% or 0.5%) is at a historic high, according to Bloomberg. UsDollar falls to 100.63.
📈 Microsoft approved a new $60 billion buyback and announced a 10% increase in quarterly dividends. Microsoft shares rose to 431.
🚗 Volkswagen is considering cutting 15,000 jobs due to the planned closure of 2-3 factories in Germany. #VOW declined to 97.45.
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:
🛢 The oil market faces a potential short squeeze as speculators hold a historic net short position on Brent, while supply concerns may be overstated. XBRUSD rises to 72.68
🛩 Due to the strike, Boeing's credit rating is under review for a potential downgrade to "junk" status. #BA shares declined to 155.53.
🇯🇵 Futures traders have flipped from a record short to the most prominent long position in the yen since 2016. USDJPY consolidates at 140.57.
📱 iPhone 16 sales during the first weekend are estimated at 37 million units, down 12.7% compared to the iPhone 15's launch weekend sales last year. Apple shares fell to 216 (-2.70%).
🇨🇳 According to CNBC, major investors like David Tepper and Michael Burry are increasing their bets on China despite Chinese stocks being at a five-year low. HK50 rises to 17,635.
✂️ Market uncertainty regarding the size of the upcoming Fed rate cut (0.25% or 0.5%) is at a historic high, according to Bloomberg. UsDollar falls to 100.63.
📈 Microsoft approved a new $60 billion buyback and announced a 10% increase in quarterly dividends. Microsoft shares rose to 431.
🚗 Volkswagen is considering cutting 15,000 jobs due to the planned closure of 2-3 factories in Germany. #VOW declined to 97.45.
That's it for today, guys! Click on 👍 if you liked our review, and see you soon!
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#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!
#MarketNews
☀️ Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:
🚗 Shares of European automakers have plunged again, this time following warnings from Stellantis. #STLA.US dropped by 12%.
🛩 According to Reuters, Boeing suppliers fear the strike may impact long-term jobs. #BA shares declined by 2.72%.
🇺🇸 According to Reuters, this week's US Non-Farm Payroll report will test hopes for a "soft landing" of the economy. The UsDollar corrected to 100.80.
🇨🇳 Chinese stocks closed with intense FOMO and greed ahead of the week-long holiday in China starting October 1st, with markets closed for the entire week. HK50 rose to 20,770.
🛢 Reuters' September survey revised 2024 oil price forecasts: Brent at $81.52 (down from $82.86) and WTI at $77.64 (down from $78.82). XBRUSD trades at 71.74.
🇯🇵 Japan's government resigned, with Kishida stepping down amid low ratings and scandals. Shigeru Ishiba is the new Prime Minister.
🔥 European gas prices have risen by 21% over the past nine months, according to ICE data. XNGUSD climbs to 3.05.
📉 According to Bloomberg, currency traders are steering clear of the US dollar as elections approach, with long positions shrinking rapidly. The US Dollar has risen to 100.75.
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:
🚗 Shares of European automakers have plunged again, this time following warnings from Stellantis. #STLA.US dropped by 12%.
🛩 According to Reuters, Boeing suppliers fear the strike may impact long-term jobs. #BA shares declined by 2.72%.
🇺🇸 According to Reuters, this week's US Non-Farm Payroll report will test hopes for a "soft landing" of the economy. The UsDollar corrected to 100.80.
🇨🇳 Chinese stocks closed with intense FOMO and greed ahead of the week-long holiday in China starting October 1st, with markets closed for the entire week. HK50 rose to 20,770.
🛢 Reuters' September survey revised 2024 oil price forecasts: Brent at $81.52 (down from $82.86) and WTI at $77.64 (down from $78.82). XBRUSD trades at 71.74.
🇯🇵 Japan's government resigned, with Kishida stepping down amid low ratings and scandals. Shigeru Ishiba is the new Prime Minister.
🔥 European gas prices have risen by 21% over the past nine months, according to ICE data. XNGUSD climbs to 3.05.
📉 According to Bloomberg, currency traders are steering clear of the US dollar as elections approach, with long positions shrinking rapidly. The US Dollar has risen to 100.75.
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.
🇨🇳 China cut LPR rates more than expected, boosting Chinese and Hong Kong stocks. Following the LPR cut, HIK50 rose to 20 530.
🥈 Gold continues to hit record highs, while silver is growing much faster for the second trading day in a row, up nearly 7%. Silver closed at a 12-year high. XAGUSD has risen to 34.00.
🛩 Boeing reached a tentative agreement to increase workers' wages by 35% over 4 years. The company has also started selling off unprofitable assets. #BA shares rose to 155.32.
📉 Since mid-July 2024, Berkshire Hathaway, owned by Buffett, has reduced its stake in Bank of America (BAC) by 25%. Sales are continuing and, according to CNBC, accelerating. BAC shares are trading at 42.32.
📆 CALENDAR FOR TODAY - 2024.10.21
🔥 Monday:
🇺🇸 FOMC Member Kashkari Speaks - 20:00 GMT+3
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.
🇨🇳 China cut LPR rates more than expected, boosting Chinese and Hong Kong stocks. Following the LPR cut, HIK50 rose to 20 530.
🥈 Gold continues to hit record highs, while silver is growing much faster for the second trading day in a row, up nearly 7%. Silver closed at a 12-year high. XAGUSD has risen to 34.00.
🛩 Boeing reached a tentative agreement to increase workers' wages by 35% over 4 years. The company has also started selling off unprofitable assets. #BA shares rose to 155.32.
📉 Since mid-July 2024, Berkshire Hathaway, owned by Buffett, has reduced its stake in Bank of America (BAC) by 25%. Sales are continuing and, according to CNBC, accelerating. BAC shares are trading at 42.32.
📆 CALENDAR FOR TODAY - 2024.10.21
🔥 Monday:
🇺🇸 FOMC Member Kashkari Speaks - 20:00 GMT+3
That’s it for today, guys! Click on ❤️ if you liked our review, and see you soon!
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🌥 Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:
🇬🇧 The Bank of England is expected to cut the rate by 0.25% to 4.75% at the November 7 meeting, according to analysts surveyed by RTRS. GBPUSD declines to 1.2965.
🛩 Boeing raised $21 billion in a major stock sale to strengthen its balance sheet and avoid a junk rating downgrade. #BA shares fell to 150.65.
🛢 The US plans to purchase an additional 3 million barrels of oil for May 2025 delivery to replenish its strategic reserve, reports RTRS. XBRUSD fell to 70.80.
💰 Overnight, Bitcoin broke the $70,000 level and is now trading above $71,000, reaching this mark for the first time since June 7. BTCUSD currently trades at 71,140.
📆 CALENDAR FOR TODAY - 2024.10.29
🔥 Tuesday:
🇺🇸 CB Consumer Confidence - 16:00 GMT+3
🇺🇸 JOLTS Job Openings - 16:00 GMT+3
🇨🇭 SNB Chairman Schlegel Speaks - 20:00 GMT+3
🇨🇦 BOC Gov Macklem Speaks - 21:30 GMT+3
That’s it for today, guys! Click on ❤️ if you liked our review, and see you soon!
#MarketNews
🇬🇧 The Bank of England is expected to cut the rate by 0.25% to 4.75% at the November 7 meeting, according to analysts surveyed by RTRS. GBPUSD declines to 1.2965.
🛩 Boeing raised $21 billion in a major stock sale to strengthen its balance sheet and avoid a junk rating downgrade. #BA shares fell to 150.65.
🛢 The US plans to purchase an additional 3 million barrels of oil for May 2025 delivery to replenish its strategic reserve, reports RTRS. XBRUSD fell to 70.80.
💰 Overnight, Bitcoin broke the $70,000 level and is now trading above $71,000, reaching this mark for the first time since June 7. BTCUSD currently trades at 71,140.
📆 CALENDAR FOR TODAY - 2024.10.29
🔥 Tuesday:
🇺🇸 CB Consumer Confidence - 16:00 GMT+3
🇺🇸 JOLTS Job Openings - 16:00 GMT+3
🇨🇭 SNB Chairman Schlegel Speaks - 20:00 GMT+3
🇨🇦 BOC Gov Macklem Speaks - 21:30 GMT+3
That’s it for today, guys! Click on ❤️ if you liked our review, and see you soon!
#MarketNews
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🌥 Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:
🇦🇺 Australia's Central Bank Rate holds at 4.35% (expected/previous: 4.35%), with inflation projected to reach 2-3% by 2026; rates to remain high until stable decline. AUDUSD at 0.6604.
💸 Santiment reports a decline in BTC wallets, hinting at cashing out pre-U.S. elections; seen as bullish post-election. BTCUSD at 68,680.
✈️ Boeing strike ends as unions approve a new labor agreement with a 38% wage increase. #BA shares trading at 155.13.
🇨🇳 Chinese stocks experience their strongest rise in two weeks on expectations of a new fiscal stimulus package announcement. HK50 rises by 1.6%.
📆 CALENDAR FOR TODAY - 2024.11.05
🔥 Tuesday:
🇺🇸 ISM Services PMI - 17:00 GMT+3
🇺🇸 Presidential Election - All Day GMT+3
🇺🇸 Congressional Elections - All Day GMT+3
🇳🇿 Unemployment Rate - 23:45 GMT+3
That’s it for today, guys! Click on ❤️ if you liked our review, and see you soon!
🇦🇺 Australia's Central Bank Rate holds at 4.35% (expected/previous: 4.35%), with inflation projected to reach 2-3% by 2026; rates to remain high until stable decline. AUDUSD at 0.6604.
💸 Santiment reports a decline in BTC wallets, hinting at cashing out pre-U.S. elections; seen as bullish post-election. BTCUSD at 68,680.
✈️ Boeing strike ends as unions approve a new labor agreement with a 38% wage increase. #BA shares trading at 155.13.
🇨🇳 Chinese stocks experience their strongest rise in two weeks on expectations of a new fiscal stimulus package announcement. HK50 rises by 1.6%.
📆 CALENDAR FOR TODAY - 2024.11.05
🔥 Tuesday:
🇺🇸 ISM Services PMI - 17:00 GMT+3
🇺🇸 Presidential Election - All Day GMT+3
🇺🇸 Congressional Elections - All Day GMT+3
🇳🇿 Unemployment Rate - 23:45 GMT+3
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:
🇦🇺 Australia's central bank held rates at 4.35% as expected. The RBA softened its hawkish tone, signaling growing confidence in inflation returning to target. AUDUSD drops to 0.6400.
🇨🇳 In November, China's imports fell 3.9% year-on-year, the sharpest decline in 14 months, indicating weak domestic demand. Hang Seng Index (HK50) corrected to 20 496.
🚗 Porsche plans to reduce its China dealerships from 138 to approximately 100 by the end of 2026, citing declining demand and sales. Despite the challenges, PAH3 stock rose to €35.51.
🛩 Boeing resumed 737 MAX production last week after a seven-week strike by 33,000 workers. #BA shares rose to $157.15.
🛢 BNP Paribas expects oil to average $74 in 2025, while Citi sees Brent below $60 by mid-2025. XBRUSD consolidates at 71.70.
#MarketNews
📆 CALENDAR FOR TODAY - 10.12.2024
🔥 Tuesday:
🌍 OPEC Meetings - All Day
That’s it for today, guys! Click on ❤️ if you liked our review, and see you soon!
🇦🇺 Australia's central bank held rates at 4.35% as expected. The RBA softened its hawkish tone, signaling growing confidence in inflation returning to target. AUDUSD drops to 0.6400.
🇨🇳 In November, China's imports fell 3.9% year-on-year, the sharpest decline in 14 months, indicating weak domestic demand. Hang Seng Index (HK50) corrected to 20 496.
🚗 Porsche plans to reduce its China dealerships from 138 to approximately 100 by the end of 2026, citing declining demand and sales. Despite the challenges, PAH3 stock rose to €35.51.
🛩 Boeing resumed 737 MAX production last week after a seven-week strike by 33,000 workers. #BA shares rose to $157.15.
🛢 BNP Paribas expects oil to average $74 in 2025, while Citi sees Brent below $60 by mid-2025. XBRUSD consolidates at 71.70.
#MarketNews
📆 CALENDAR FOR TODAY - 10.12.2024
🔥 Tuesday:
🌍 OPEC Meetings - All Day
That’s it for today, guys! Click on ❤️ if you liked our review, and see you soon!
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☀️ Good morning, dear traders!
🇺🇸 Economists raise US inflation forecasts for 2025 amid Trump's tariff concerns, expecting fewer Fed rate cuts next year — BBG. USD trades at 106.82.
🤝 A deal on Gaza and the release of hostages is highly likely in the coming days, a source from Netanyahu's office reports. XBRUSD declines to 73.00.
🛩 Boeing resumes full production at its Everett plant, including 737 MAX, 767, 777, and 777X programs, says CEO. #BA shares rise to 173.03.
🥇 Major banks predict gold's rally in 2025 as India's November gold imports hit a record $14.9B. XAUUSD declines to 2645.
🔥 European gas prices surged after EU statements on lacking interest in continuing Ukraine transit in 2025 — BBG. XNGUSD rises to 3.10.
#MarketNews
📆 CALENDAR FOR TODAY - 18.12.2024
⚡️ Wednesday:
🇺🇸 Federal Funds Rate - 21:00 GMT+2
🇺🇸 FOMC Economic Projections - 21:00 GMT+2
🇺🇸 FOMC Statement - 21:00 GMT+2
🇺🇸 FOMC Press Conference - 21:30 GMT+2
🇳🇿 GDP q/q - 23:45 GMT+2
Click on ❤️ if you liked our review, and see you soon!
🇺🇸 Economists raise US inflation forecasts for 2025 amid Trump's tariff concerns, expecting fewer Fed rate cuts next year — BBG. USD trades at 106.82.
🤝 A deal on Gaza and the release of hostages is highly likely in the coming days, a source from Netanyahu's office reports. XBRUSD declines to 73.00.
🛩 Boeing resumes full production at its Everett plant, including 737 MAX, 767, 777, and 777X programs, says CEO. #BA shares rise to 173.03.
🥇 Major banks predict gold's rally in 2025 as India's November gold imports hit a record $14.9B. XAUUSD declines to 2645.
🔥 European gas prices surged after EU statements on lacking interest in continuing Ukraine transit in 2025 — BBG. XNGUSD rises to 3.10.
#MarketNews
📆 CALENDAR FOR TODAY - 18.12.2024
⚡️ Wednesday:
🇺🇸 Federal Funds Rate - 21:00 GMT+2
🇺🇸 FOMC Economic Projections - 21:00 GMT+2
🇺🇸 FOMC Statement - 21:00 GMT+2
🇺🇸 FOMC Press Conference - 21:30 GMT+2
🇳🇿 GDP q/q - 23:45 GMT+2
Click on ❤️ if you liked our review, and see you soon!
☀️ Happy Monday, dear traders!
🌐 FactSet reports a higher-than-average number of S&P 500 companies issuing negative EPS forecasts ahead of the earnings season. The US500, however, rose to 5050.
🛢 Biden plans to ban new offshore oil and gas developments along the Atlantic, Pacific coasts, and eastern Gulf of Mexico, potentially hindering Trump’s future efforts to boost US production. XBRUSD rises to 76.00.
🥇 Goldman delays its $3,000 gold target from late 2025 to mid-2026. Wall Street analysts still predict a gold rally in 2025 but at a slower pace than in 2024. XAUUSD drops to 2032.
🇨🇦 The Canadian dollar strengthens sharply amid reports that Trudeau may resign this week. USDCAD declines to 1.4400.
✈️ Barclays upgraded Boeing to overweight, but the aviation giant still faces a tough road to recovery amid ongoing challenges. #BA shares decline to 169.90.
#MarketNews
📆 CALENDAR FOR TODAY - 06.01.2025
⚡️ Monday:
🇪🇺 German Prelim CPI m/m - All Day
Click on ❤️ if you liked our review, and see you soon!
🌐 FactSet reports a higher-than-average number of S&P 500 companies issuing negative EPS forecasts ahead of the earnings season. The US500, however, rose to 5050.
🛢 Biden plans to ban new offshore oil and gas developments along the Atlantic, Pacific coasts, and eastern Gulf of Mexico, potentially hindering Trump’s future efforts to boost US production. XBRUSD rises to 76.00.
🥇 Goldman delays its $3,000 gold target from late 2025 to mid-2026. Wall Street analysts still predict a gold rally in 2025 but at a slower pace than in 2024. XAUUSD drops to 2032.
🇨🇦 The Canadian dollar strengthens sharply amid reports that Trudeau may resign this week. USDCAD declines to 1.4400.
✈️ Barclays upgraded Boeing to overweight, but the aviation giant still faces a tough road to recovery amid ongoing challenges. #BA shares decline to 169.90.
#MarketNews
📆 CALENDAR FOR TODAY - 06.01.2025
⚡️ Monday:
🇪🇺 German Prelim CPI m/m - All Day
Click on ❤️ if you liked our review, and see you soon!
🌥 Happy Tuesday, traders!
💵 The US dollar dropped on Monday, boosting safe havens like the yen and franc, as investors sell US assets under Trump’s policies. UsDollar declines to 99.06.
🛢 "Big Oil" is set for disappointing results as oil prices fall, with Barclays lowering its 2025 #Brent forecast to $70 due to trade wars and OPEC+ production increases. XBRUSD declines to 64.23.
🛩 S&P Global Ratings has affirmed Boeing's rating at 'BBB-' and removed the company from the CreditWatch Negative list, citing improved production levels and reduced cash outflows. #BA shares rise to 182.28.
🇪🇺 According to ECB Governing Council member Martins Kazaks, the European Central Bank should be able to continue gradual interest rate cuts. #EURUSD rises to 1.1400.
🇳🇿 New Zealand's employment increased slightly by 0.2% in March compared to the previous month, reaching 2.36 million, indicating that the labor market will need time to recover. NZDUSD rises to 0.5969.
#MarketNews
📆 CALENDAR FOR TODAY - 29.04.2025
🇺🇸 JOLTS Job Openings - 17:00 GMT +3.
That’s all for today, folks! 👍 If you found this update useful, let us know!
💵 The US dollar dropped on Monday, boosting safe havens like the yen and franc, as investors sell US assets under Trump’s policies. UsDollar declines to 99.06.
🛢 "Big Oil" is set for disappointing results as oil prices fall, with Barclays lowering its 2025 #Brent forecast to $70 due to trade wars and OPEC+ production increases. XBRUSD declines to 64.23.
🛩 S&P Global Ratings has affirmed Boeing's rating at 'BBB-' and removed the company from the CreditWatch Negative list, citing improved production levels and reduced cash outflows. #BA shares rise to 182.28.
🇪🇺 According to ECB Governing Council member Martins Kazaks, the European Central Bank should be able to continue gradual interest rate cuts. #EURUSD rises to 1.1400.
🇳🇿 New Zealand's employment increased slightly by 0.2% in March compared to the previous month, reaching 2.36 million, indicating that the labor market will need time to recover. NZDUSD rises to 0.5969.
#MarketNews
📆 CALENDAR FOR TODAY - 29.04.2025
🇺🇸 JOLTS Job Openings - 17:00 GMT +3.
That’s all for today, folks! 👍 If you found this update useful, let us know!
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