#MarketNews

☀️ Happy Tuesday, dear traders! Let’s discuss the most exciting news for the beginning of the week:

🇺🇸 The US SEC is expected to adopt a rule requiring proprietary traders dealing in US government bonds to register as broker-dealers, aiming to address liquidity issues in the $26 trillion Treasury market.

🇨🇳 Chinese regulators are set to brief President Xi Jinping on stock market conditions and policy measures, raising hopes for more decisive action to end the stock market slump. The CSI 300 Index rose 3.48%.

🇩🇪 German Finance Minister Christian Lindner warns that Germany is becoming poorer due to its lack of economic growth, highlighting its competitiveness issues and the challenges facing Europe's largest economy.

📈 NVIDIA (#NVIDIA) stock is up 6.0% after Goldman Sachs raised its target price from $625 to $800, with shares trading at $693.

⭐️ Alphabet (#GOOGLE) plans to seek outside investment for its GFiber internet service to expand more aggressively in the US, competing with major internet service providers and seeking future independence from Alphabet. Google shares rose 0.91%.

🇦🇺 The Reserve Bank of Australia left interest rates unchanged at 4.35%, citing persistently high inflation as a reason for potentially more rate hikes in the future despite recent data showing inflationary pressures easing.

🥇 Gold prices stabilized after a sharp drop as a pause in the dollar rally shifted attention to the $2,000 support level amid expectations of a prolonged US interest rate hike amid robust economic data and comments from the Fed chairman.

🛢 Oil prices held steady as tensions in the Middle East and hawkish Federal Reserve comments influenced the market, with geopolitical risks balancing against a stronger dollar affecting commodity attractiveness.

That's it for today, guys! Click on 🔥if you liked our review, and see you soon!

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#MarketNews

👋Good morning, dear traders! This Monday let's take a close look at today's key news and analyze the upcoming significant events.

📆Economic calendar

The time zone is GMT+2. Check your time zone here: https://www.timeanddate.com/time/map/

Monday
1️⃣ USD 19:00, FOMC Member Barkin Speaks
2️⃣ GBP 20:00, BOE Gov Bailey Speaks

Tuesday
1️⃣ NZD 4:00, Inflation Expectations q/q
2️⃣ GBP 9:00, Claimant Count Change
3️⃣ CHF 9:30, CPI m/m
4️⃣ USD 15:30, Core CPI m/m
5️⃣ USD 15:30, CPI y/y

Wednesday
1️⃣ GBP 9:00, CPI y/y
2️⃣ GBP 17:00, BOE Gov Bailey Speaks

Thursday
1️⃣ AUD 2:30, Employment Change
2️⃣ AUD 2:30, Unemployment Rate
3️⃣ GBP 9:00, GDP m/m
4️⃣ USD 15:30, Core Retail Sales m/m
5️⃣ USD 15:30, Empire State Manufacturing Index
6️⃣ USD 15:30, Unemployment Claims

Friday
1️⃣ GBP 9:00, Retail Sales m/m
2️⃣ USD 15:30, Core PPI m/m
3️⃣ USD 15:30, PPI m/m
4️⃣ USD 17:00, Prelim UoM Consumer Sentiment

📰News to keep you updated:

📈 The S&P 500 has closed up 14 of the last 15 weeks, which last happened in 1972. The index has rallied more than 22% in the previous 15 weeks on the back of the Fed reversal.

🇨🇳 Chinese New Year celebrations have historically boosted demand for gold, as the metal has always been considered a symbol of good luck in China and is usually purchased as a gift, especially in the Year of the Dragon.

💬 Jeff Bezos sold $2 billion worth of Amazon (#AMAZON) stock last week, his first sale in over two years. Amazon shares are up 2.71%.

📌 The Reserve Bank of New Zealand maintains a restrictive monetary policy due to persistently high inflation, with the official cash rate at 5.5% to slow inflation towards its 2% target.

⚡️ Google (#GOOGLE) commits 25 million euros to enhance AI skills across Europe, supporting social enterprises and nonprofits and expanding its free AI training courses to 18 languages. The stock is up 2.04%.

That's it for today, guys! Click on ❤️if you liked our review, and see you soon!

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

☀️Happy Friday, dear traders! Look at the major news on this week's last trading session!

☄️ Federal Reserve Chair Jerome Powell indicated the Fed is nearing the confidence required to reduce interest rates, contingent on more evidence that inflation is consistently moving towards the 2% target.

📣 Google (#GOOGLE) has established its first cybersecurity base in Tokyo, the Asia-Pacific region, aiming to bolster cyber countermeasures. Google stock is up 2.27% today.

🇪🇺 Bundesbank President Joachim Nagel anticipates a possible interest rate cut by the European Central Bank before the summer break, contingent on economic data.

✈️ Boeing (#BA) is overhauling its employee bonus structure to prioritize safety and quality. The company's stock is up 1.08%.

🛢 Oil prices increased due to rising demand from the world's largest consumers, the United States and China, alongside optimistic signals from the US Federal Reserve.

🎮 Alibaba's Lingxi Games announces a leadership change, with the current management stepping down to allow a younger team of executives to take over. Alibaba (#ALIBABA) shares were down 1.59%.

🇨🇳 China's electric vehicle sales growth slowed in the first two months of the year compared to the same period in 2023 amid intensifying competition and consumer concerns over EV battery performance in cold weather.

🥇 Gold is on track for its best weekly performance in five months and is hitting record highs as comments from Federal Reserve Chairman Jerome Powell support expectations of a mid-year interest rate cut.

❓ How was your trading week? Share your opinion in the comments!

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

☀️ Happy Tuesday, dear traders! Let's check the news moving the financial markets today:

🇺🇸 US manufacturing activity grew in March for the first time since 2022, indicating a recovery with a rise in production, demand, and input costs.

⚡️ Bloomberg Economics' analysis of a million forecast simulations reveals an alarming 88% probability of the US debt trajectory being unsustainable, forecasting a potential rise to 123% of GDP by 2034.

🇯🇵 Japan's money printing decelerates as the Bank of Japan scales back its extensive stimulus measures, reflecting a cautious shift from aggressive monetary expansion.

📣 Google will delete "billions" of user activity records illegally collected while users were in incognito mode. Google (#GOOGLE) shares soared 3.02%.

🇸🇬 Singapore tightens crypto regulations to include custody and fund transfers, aiming for a secure digital-asset hub while enhancing user protection and anti-illegal activity measures.

👀 Ether's value hinges on the approval of spot ETF proposals, setting it apart from Bitcoin, which has surged ahead thanks to more transparent regulations.

✈️ Wall Street analyzes Boeing's operational recovery and market position, factoring in its 787 Dreamlifter and MAX production progress amid a challenging environment. Boeing (#BA) shares are down 1.81% today.

🛢 Brent crude oil price exceeded $88 per barrel for the first time since October 2023, driven by increased demand, fears of a supply shortage, and the escalation of conflict in the Gaza Strip.

That's it for today, guys! Click on ❤️if you liked our review, and see you soon!

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

☀️ Happy Friday, dear traders! Look at the major news on this week's last trading session!

🇺🇸 US economic growth slowed to 1.6%, below expectations, while core inflation accelerated to 3.7%, complicating the Federal Reserve's efforts to achieve a soft landing.

🇪🇺 ECB Governing Council member Fabio Panetta warned that without timely interest rate cuts, the Eurozone might need to resort to ultra-low rates later to avoid economic stagnation and falling inflation expectations.

🇨🇳 Chinese stocks in Hong Kong surged, with the HK50 index rising 2.20% today. This was buoyed by optimism over a reported $278 billion government stimulus package to stabilize the economy.

🇯🇵 The yen hit a new 34-year low as the Bank of Japan maintained its key interest rate despite ongoing warnings about the currency's rapid weakening.

👀 Google's parent company announced its first-ever dividend and exceeded expectations in sales and profits, leading to a significant rise in share prices. Google (#GOOGLE) shares are down 1.97%.

➡️ Microsoft's results surpassed Wall Street targets, driven by significant gains from AI investments across its cloud services. Microsoft's stock (#MICROSOFT) is down 2.45% today.

☄️ Gold prices rose slightly due to weak US economic data, with investors awaiting further cues from upcoming PCE inflation figures.

🇹🇷 The Central Bank of Turkey maintained its key interest rate at 50%, committing to continue its strict monetary policy until inflation significantly and sustainably reduces.

❓ How was your trading week? Share your opinion in the comments!

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

👋 Hello, dear traders! Today is Thursday, May 16, 2024. Let's quickly delve into the key financial highlights of the day:

☄️ More companies are selling shares to reduce debt, with $28.5 billion in IPOs aimed at debt repayment in the past year, a 56% increase.

🇨🇳 China's economy likely improved in April, with industrial output up by 5.5% and retail sales rising by 3.7%, as policymakers introduced fiscal stimulus and began a 1 trillion yuan sovereign bond sale.

👀 As EV sales slow, Volkswagen is shifting from an EV-only strategy to include hybrids and partnerships. CEO Oliver Blume is requesting leniency from European regulators on emissions targets.

📣 Siemens saw factory orders drop 12%, lowered its digital industries guidance by up to 8%, and sold its Innomotics unit for €3.5 billion amid continued weakness in China. Siemens (#SIE) shares are rising 1.33%.

⚙️ Google released updates for its Gemini 1.5 Pro AI model, which will soon handle more data, and introduced a smaller AI model, Gemini 1.5 Flash. Google (#GOOGLE) shares are up 1.27%.

💬 Goldman Sachs on the US market: The stock market has peaked and will trade unchanged until 2024, as company metrics do not indicate significant growth potential.

🚗 Honda will invest $65 billion in electrification by 2030, aiming to launch seven new EV models globally and achieve 40% of its sales from EVs and fuel cell vehicles. Honda (#HMC) stock is up 0.98%.

🇦🇺 Australia's unemployment rate rose to 4.1% in April as the economy added 38,500 jobs, primarily part-time, despite a broader economic slowdown.

That's it for today, guys! Click on ❤️if you liked our review, and see you soon!

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

🌤 Happy Thursday, dear traders! Let's check the news moving the financial markets today:

⚡️ Xi Jinping outlined a vision for enhanced cooperation with Arab states in technology and finance, reiterating China's support for UN membership in Palestine.

🇯🇵 According to Columbia professor Takatoshi Ito, the Bank of Japan may raise interest rates two more times in 2024 but should avoid responding directly to the weak yen.

🇳🇿 New Zealand's government has cut taxes by NZ$14.7 billion, targeting low and middle-income families, despite a widening budget deficit and delayed return to surplus.

💸 BlackRock integrated its Bitcoin ETF into significant funds, expanding Bitcoin access for millions of clients worldwide.

🇨🇳 Chinese EV makers are launching new models and investing in Europe to compete with Tesla and legacy automakers through local adaptation and strategic marketing.

🇸🇦 Saudi Arabia plans to launch a $10 billion secondary offering of Aramco shares on Sunday to attract Middle Eastern and European investors and diversify its economy.

🛢 ConocoPhillips will acquire Marathon Oil for $17.1 billion in stock, giving Marathon shareholders a 15% premium and expanding ConocoPhillips' US shale operations. ConocoPhillips (#COP) shares fell 3.12%.

⭐️ Google will invest $2 billion in Malaysia to build its first data center and a cloud facility, creating 26,500 jobs and generating an economic impact of $3.2 billion. Google (#GOOGLE) shares fell 0.35% today.

That's it for today, guys! Click on 🔥if you liked our review, and see you soon!

➡️ TRADE WITH FBS
@fbsanalytics

#MarketNews

👋 Hello, dear traders! Today is Thursday, June 13, 2024. Let's quickly delve into the key financial highlights of the day:

☄️ The Fed signaled one rate cut this year, with Chair Powell indicating a conservative approach and potential for two cuts amid higher inflation forecasts and a strong economy.

🇪🇺 ECB's Joachim Nagel stated that euro-zone core inflation remains sticky, emphasizing a cautious, meeting-by-meeting approach following last week's 25 basis point rate cut.

🇯🇵 Japanese investors sold ¥2.65 trillion ($16.9 billion) in foreign debt, the most in nine years, amid shifts in global central bank policies and profit-taking on US Treasuries.

🚜 Caterpillar boosted its share repurchase authorization by $20 billion, raised its quarterly dividend by 8%, and plans to return nearly all free cash flow to shareholders. Shares of Caterpillar (#CAT) are up 0.43%.

⚡️ Google agreed to buy 115 megawatts of geothermal energy from Buffett's Nevada utility to power its data centers. Google (#GOOGLE) stock is up 0.77%.

🚗 The EU has imposed tariffs up to 48% on electric vehicles from China, raising EV prices and escalating trade tensions.

🍎 Apple agreed to distribute OpenAI's ChatGPT on its devices without financial payments, leveraging the partnership to enhance AI features and benefit both companies. Apple (#APPLE) shares are up 2.86%.

💬 Elon Musk announced that his $56 billion pay package and the proposal to move Tesla's legal home to Texas are passing by wide margins in preliminary votes. Tesla (#TESLA) stock is up 3.88%.

That's it for today, guys! Click on ❤️if you liked our review, and see you soon!

➡️ TRADE WITH FBS
@fbsanalytics