GER30 sets up to tackle overhead resistance again
The GER30 is preparing to attack overhead resistance.
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The GER30 is preparing to attack overhead resistance.
Headline inflation decelerated sharply in June, as today’s data showed, but remains far from the 2% target and along with high wages continues to pose a challenge for the Bank of England
Take a look at some corporations that will be on our radar over the coming months, as the third quarter gets underway, amidst market optimism. These include tech giants Apple, chip maker Nvidia and more
Take a look at some corporations that will be on our radar over the coming months, as the third quarter and the new earnings season get underway, amidst market optimism. These include EV leader Tesla, streaming giant Netflix and more
The index is under pressure after the Bank of England accelerated the pace of tightening on Thursday, in response to the latest hot inflation report
Wednesday’s increase in core inflation forced the UK central bank to a more forceful 0.5% increase today and although it did not commit to more tightening, backing down looks very hard
The ECB has lifted its main refinancing rate and deposit rate by 25bps to 4% and 3.5% respectively. This was in line with market expectations. The central bank is in on shaky ground given that the region is in technical recession. However, the ECB is firmly focusing on its fight against inflation. EU core inflation has shown signs of moderation lately (green arrow), but its rate of change (ROC) is…
EV makers are facing an adverse economic environment, but the market is set for continuing growth. As the next earnings season approaches, EV leader Tesla is well positioned to maintain its reign, but faces increasing competition from companies such as Ford, BYD and more
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