Market Update – August 9 – USD & Stocks Dip
USDIndex slipped to test 106.00, before recovering to 106.20. US Stocks opened positively but closed flat for the day. NVDA –6.3%, Novavax -5.01%, AMC +8.03%, GM +4.16%. Asian markets mixed…
Read More »EUR/GBP struggles around 0.8440 ahead of Germany’s HICP
The EUR/GBP pair is struggling to cross the immediate hurdle of 0.8440 in the early Tokyo session. The asset is broadly auctioning in a range of 0.841
Read More »August 7: Rivers run dry in Europe, Solana Hacked $200 million, Tesla Stock Split (Recap Ep187)
In this week’s recap, all the US Major indexes finished the best month since 2020. International markets ended mostly higher. On Monday, the SEC said charged 11 people for their…
Read More »July 31: Recession! Tesla sells Bitcoin, Germany turns off hot water (Recap ep186)
In today’s recap, Marcello talk to us about how the recession is “official” since Q1 and Q2 of 2022 were negative; Tesla said they have sold 75% of all their…
Read More »EURNZD: ZE and EU Economic Sentiment weighs on EURO
The Eurozone Economic Sentiment Indicator fell from 103.5 to 99.0 in July. Industry confidence fell from 7.0 to 3.5. Services confidence fell from 104.1 to 101.7. Consumer confidence fell from…
Read More »Germany to deploy temporary foreign workers to ease staff shortage at German airports – Bild
Original source: https://www.investing.com/news/stock-market-news/germany-to-deploy-temporary-foreign-workers-to-ease-staff-shortage-at-german-airports–bild-2840944
Read More »June 18: Everything Colapses, Inflation Increases, Recession Starts? (Recap ep180)
In this week’s Recap, Marcello talks about the widespread collapse of the markets around the globe; Inflation is reaching a new high; we might be facing the start of a…
Read More »May 22: Worst Drop in Stocks since Great Depression, Mew Monkey Pox Pandemic (Recap ep176)
In this week’s Recap, Marcello talks about some data that shows that we are facing a drop in stocks very similar to the one the market suffered in the Great…
Read More »Events to Look Out for Next Week
The growth outlook is looking increasingly shaky. Yet, with inflation going through the roof, the Central banks remains on course for additional tightening measures. The Ukraine war and the standoff…
Read More »April 24: Food plants mysteriously burn down, SpaceX internet, Elon Musk murders Bill Gates meme (Recap Ep172)
In this week’s recap, US & world markets in general ended lower this week, with the Russian/Ukrainian conflict showing no signs of ending soon and the World Bank lowered its…
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