Saturday, October 30, 2021

Markets Update Friday 29/10/2021 – Old Economy vs New Economy

Frankfurt – 29/10/2021 Old Economy vs New Economy At the end of the week, Wall Street absorbed the initial shock after the weak Apple and Amazon figures. The focus is now already on the coming week, especially next Wednesday when the Federal Reserve (Fed) will decide on the future direction of interest rates. It is a foregone conclusion that the ...

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Stock Take 28/10/2021

META is the new Facebook The tech company Facebook will have a new name in the future. The umbrella brand Meta is to stand above services such as Facebook or Instagram in future, as Facebook founder Mark Zuckerberg announced on Thursday. With the new name, Zuckerberg wants to direct the focus on the new virtual world, “Metaverse”, in which he ...

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Markets Update Thursday 28/10/2021 – ECB Disappointment

Frankfurt – 28/10/2021 ECB Disappointment Strong corporate balance sheets lured investors back to Wall Street, and tech stocks were particularly in demand. The Dow Jones Industrial Average approached its recent record high.  In addition, investors are now optimistic that weaker economic growth could alleviate some of the monetary policy pressure the Fed is under due to high inflation. Its interest ...

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Friday, October 29, 2021

Stock Take 27/10/2021

eBay figures exceed expectations eBay has given investors a look at its third-quarter figures. The online auction house eBay achieved a turnover of 2.5 billion US dollars in the third quarter. This was more than analysts had expected. On average, analysts had forecast sales of 2.45 billion US dollars, after eBay had reported sales of 2.61 billion US dollars in ...

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Markets Update Wednesday 27/10/2021 – Euphoria Slow-Down

Frankfurt – 27/10/2021 Euphoria Slow-Down As on the previous day, investors withdrew even more from the stock market in late trading on Wall Street. While standard US stocks ultimately fell more sharply, the Nasdaq technology exchange managed to survive the day to some extent better. While US tech stocks continue to climb, the situation on the broad market is more ...

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Stock Take 26/10/2021

Google parent Alphabet increases profit Alphabet achieved a profit of 27.99 US dollars per share in the last quarter. The Google parent company thus exceeded analysts’ expectations, who had expected earnings per share of 23.83 US dollars. In the same period of the previous year, the profit had been 16.40 US dollars per share. Trade with the Best High Leverage ...

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Thursday, October 28, 2021

Markets Update Tuesday 26/10/2021 – Big-Tech-Control

Frankfurt – 26/10/2021 Big-Tech-Control Solid corporate balance sheet reports drove the US indices to further record highs today. Led by the technology exchange Nasdaq, all major US stock indices rose slightly today – with the Dow Jones, S&P 500 and the Nasdaq 100 selection index setting new records, which they were then unable to maintain over the day. The upswing ...

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Stock Take 25/10/2021

Tesla worth a trillion dollars after record share run US car rental company Hertz is pouring billions into expanding its electric car fleet with a major order from Tesla. The rival of Sixt announced on Monday in Estero in the US state of Florida that 100,000 Teslas had been ordered by the end of 2022. Previously, the financial news agency ...

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Markets Update Monday 25/10/2021 – Tesla Boom

Frankfurt – 25/10/2021 Tesla Boom After a sluggish start, the US stock markets turned up and reached new highs. Tesla shares, in particular, were in demand, and the electric car manufacturer is now worth more than one trillion dollars for the first time. Investors are looking ahead with optimism to the corporate reporting season, which will be in full swing ...

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Markets Update Friday 22/10/2021 – Reshuffle

Frankfurt – 22/10/2021 Reshuffle After tech stocks clearly dominated over blue chips this week, the tide turned today: blue chips rose, while the Nasdaq suffered losses. Meanwhile, Federal Reserve Chairman Jerome Powell provided the movement with his unexpectedly clear words on tapering, i.e. the gradual reduction of the Fed’s multi-billion bond purchases. Investors thus had a whole host of news ...

from Engine Forex https://engineforex.com/markets-update-friday-22-10-2021-reshuffle/
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Wednesday, October 6, 2021

Stock Take 05/10/2021

PepsiCo raises annual targets again US beverage and snack maker PepsiCo is even more optimistic about the entire year after strong growth in the third quarter. The company is benefiting from buoyant demand for soft drinks and snacks. Sales are expected to grow by eight per cent on its own in 2021, as Coca-Cola’s rival announced in Purchase on Tuesday. ...

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Markets Update Tuesday 05/10/2021 – Bounce

Frankfurt – 05/10/2021 Bounce On Wall Street, the losses of the previous day were almost made up in a counter-movement. However, no one really wants to believe in a turnaround. Rather, the environment remains full of familiar risks. For example, there are still uncertainties surrounding the payment difficulties of the Chinese real estate giant Evergrande, and the dispute over the ...

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Markets Update Monday 04/10/2021 – Oil Price Explosion

Frankfurt – 04/10/2021 Oil Price Explosion  Oil weighed heavy on the financial markets today. The black gold continues to appreciate at a price, putting a strain on the entire economy. But not only the oil market burdened the market, wide-spread internet outages and an unfolding social media drama also came into play as the day progressed. In addition to these ...

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Saturday, October 2, 2021

Markets Update Friday 01/10/2021 – Drugged. Up.

Frankfurt – 01/10/2021 Drugged. Up. Rising energy prices, power shortages, supply chain disruptions and rising inflation made investors nervous last trading week. However, shortly before the weekend, there was still a good end – at least on Wall Street.  The reason for this was news that the US pharmaceutical giant Merck raised hopes for an anti-corona drug.   According to the ...

from Engine Forex https://engineforex.com/markets-update-friday-01-10-2021-drugged-up/
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Markets Update Thursday 30/09/2021 – The worst stock market month of the year

Frankfurt – 30/09/2021 The worst stock market month of the year In September, Wall Street and the DAX fell more than they had in a long time. At the end of the month, inflation data and other fears scared many investors away. Today, a glimmer of hope came from the United States, where the US Senate seems probably averted a ...

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Markets Update Wednesday 29/09/2021 – King Dollar

Frankfurt – 29/09/2021 King Dollar Falling bond yields have given the stock markets a boost again, and the dollar also continues to rise. Not even the looming shutdown in the US is hurting the greenback. According to some market experts, this is a sign of confidence that the parties involved will get their act together at the last minute, as ...

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Stock Take 29/09/2021

TRATON gets a new boss The Volkswagen commercial vehicle holding company TRATON is getting a new boss. The current boss, Matthias Gründler, is leaving the company prematurely this week and will be replaced by Christian Levin, the former head of the Swedish truck manufacturer Scania. TRATON supervisory board chairman Hans Dieter Pötsch said on Wednesday evening that the 54-year-old Levin ...

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