GER30 Takes Another Beating
The German index sheds around 1% and runs its fourth straight losing day, breaching key technical levels, amidst poor investor sentiment
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The German index sheds around 1% and runs its fourth straight losing day, breaching key technical levels, amidst poor investor sentiment
The pair runs the fifth straight profitable week, after yesterday boost from Mr Powell’s re-nomination, while on a monthly level, November is on track to become the best of the year
The pair did not avert fresh 2021 lows today, after yesterday’s drop from Mr Powell re-nomination US Dollar boost, but finds support as European trader enter.
US President Biden announced his intent to nominate Mr. Jerome Powell for a second term as Chair of the Board of Governors of the Federal Reserve System
The index starts this holiday-shortened week on the front foot, after two straight losing weeks that were mostly fueled by Fed tightening expectations and Friday’s broader risk aversion
European traders try to shake-off Friday’s Coronavirus jitters and the relevant drop of the German Index
Oil takes a breath after last week’s decline, on the back persistent talk of major countries globally releasing their strategic reserves to contain oil prices and thus stem inflation
The pair registered a mixed week, as it erased gains from Wednesday’s 4+ year-highs and dropped on Friday, but today it manages to attract buyers
The pair comes from two straight weeks of losses and today its remains soft, exposed to Friday’s 2021 lows
This was the last big week from an earnings prospective, with large US retailers, EV startup Lucid and tech giant Nvidia standing out
The Chinese smart electric vehicle (“Smart EV”) company, announces its financial results for the third quarter of the year, on Tuesday November 23, before the US markets open.
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