GBPUSD APPRECIATES TO FRESH MULTI-MONTH HIGHS AT 1.1840
The pound continues to strengthen, hitting a 2.1/2 month high at 1.18 0. UK GDP fell less than expected in the third quarter. $ remains under pressure for Fed tapering.…
NASDAQ 100 Forecast: Accelerates to the Outside After CPI
Whether people are ready to endure the weekend or not is also a very interesting question that we will find out very soon. If they keep it up over the…
Stocks moving higher is still a hard uphill road to travel
US stocks are trying to rise. The Dow is up nearly 600 points and the NASDAQ over 200 points today, but has given up much of its gains as the…
Deutsche Telekom: The share is so cheap now
Things are looking very good again for shares of Deutsche Telekom. After last week’s strong performance again by the important subsidiary T-Mobile US, the DAX title also rose significantly and…
Citi Research: „Maintains a 50% probability of a synchronized global recession in 2023”
The boys and girls at Citi released their latest Global Outlook and Commodities report today. Citi Research: Retains a 50% Chance of a Synchronized Global Recession in 2023 At the…
How did the stocks who released earnings do this week?
The week ends for US stocks in what was a „big week” in terms of earnings. It can be said that the week was not as bad as the market…
The US stock market indices open lower after the better-than-expected US jobs data
Better US employment data keeps the Federal Reserve on track for a 75 basis point hike in early November and a 50 basis point hike in December. That would raise…
WTI crude oil breaks $90 on a tough tape
Oil has been trading higher against the US dollar for the past month, but that is not the case today. The dollar is strong and oil is even stronger, rising…
Investors are afraid to invest in the UK because of the „terrible” market turmoil
Pension funds and insurers are afraid to invest in UK-focused private equity groups, suggesting that Chancellor Quasi Kwarteng’s financial plan that triggered the crisis has also reduced the UK’s attractiveness…
Good riddance September. A traditional weak month, ends at the lows for major indices..
September is typically a seasonally weak for the US stock market, and it didn’t disappoint this month. The major stock indices are going out at the lows for the day, month,…