#MarketNews

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

☄️ The dollar depreciated following the publication of the Federal Reserve's January meeting minutes, which revealed the Fed's more significant concern over premature interest rate cuts than delays in reducing them.

💥 Nvidia (#NVIDIA) shares rose as the company's report, beating Wall Street expectations, confirmed its leading position as a primary beneficiary of investment in AI technology, showing no signs of slowing the AI boom. The stock jumped 9.07%.

🇺🇸 A federal judge has temporarily blocked a California law allowing the firearms industry to be sued for selling "abnormally dangerous" guns, citing a possible violation of the Constitution's defunct Commerce Clause.

💬 JPMorgan warns that the current economic situation may lead to 1970s-era stagflation, characterized by high inflation and low growth, which would be terrible news for stocks.

🇯🇵 The Nikkei 225 stock index hit a record high, surpassing its 1989 peak, driven by a surge in technology stocks and an influx of global investment, helped by solid earnings from Nvidia.

🇨🇳 Man Group notes that the "quant shake-up" in China, triggered by regulators' attention to quant funds and the CSI 300 Index falling to a five-year low, is reminiscent of the 2007 US crisis.

🇹🇷 The Turkish lira fell to an all-time low, with the dollar becoming more expensive than 31 lira for the first time.

🛢 Oil prices rose for the second day on expectations of higher demand in the US, the world's biggest oil consumer, amid the resumption of refinery operations after disruptions and a weaker dollar.

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

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#MarketNews

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

⚡️ Nvidia (#NVIDIA) approaches a $2 trillion valuation fueled by the unprecedented demand for AI chips, highlighting its rapid ascent and dominance in the GPU market. The stock is up 16.40% after the report!

📈 US, Europe, and Japan markets hit record highs after Nvidia revived optimism about AI.

🇺🇸 Senior Federal Reserve figures, including Vice Chair Jefferson and Governor Cook, stress the importance of further proof of disinflation before contemplating rate reductions, despite acknowledging the likelihood of cuts within the year.

🔼Asian stocks rose, with Australia and South Korea advancing, amid a global equity rally that pushed significant indices to record highs, even as Chinese markets experienced fluctuations.

🇨🇳 China's central bank, under Governor Pan Gongsheng, surprises markets with aggressive policy easing, including significant cuts to mortgage rates and the reserve requirement ratio.

🛢 Oil prices declined following a Federal Reserve official's recommendation to postpone interest rate cuts amid a complex backdrop of healthy demand signals and supply concerns.

🇸🇬 Singapore's CPI inflation in January reached its lowest in over two years, driven by reduced fuel and housing costs and tighter monetary conditions leading to decreased recreational spending, signaling a quicker-than-anticipated easing of inflationary pressures.

🍻 Investors are increasingly drawn to beer stock as a cost-effective opportunity for growth, especially in emerging markets, with brewers poised for recovery and potential profit increases as cost pressures ease.

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

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#MarketNews

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

☄️ For the first time in 17 years, the Bank of Japan raised interest rates, ended yield curve control, and marked a historic shift by being the last country to exit negative rates, setting the new rate between 0 and 0.1%.

📈 Tesla is set to raise the price of the Model Y by $1,000 in the US and about 2,000 euros in various European countries due to a price war in the electric car industry and declining consumer demand. Tesla (#TESLA) shares were up 6.3%.

⭐️ Nvidia (#NVIDIA) unveiled a new generation of AI chips and software to run artificial intelligence models. The stock rose slightly by 0.70%.

🇦🇺 The Reserve Bank of Australia decided to leave the cash rate unchanged at 4.35%, which was in line with expectations, suggesting an openness to future rate adjustments as inflation continues to slow.

🇨🇳 China declined to sell TikTok for around $100 billion after a US Congress ultimatum, amid concerns Beijing is using it as a media tool against the Biden administration.

⚡️ African central banks, facing inflation risks, are set to keep interest rates steady, diverging from rate cuts in Latin America and Europe, influenced by domestic challenges and global tensions.

🛢 Oil prices stay high amid Ukrainian drone strikes on Russian refineries and OPEC+ supply reductions, further buoyed by Iraq's export cuts and robust economic data from China and the US.

💸 Bitcoin falls following a record $643 million outflow from the Grayscale ETF, dampening the rally amid revised expectations for Fed rate cuts.

💬 A year after the Credit Suisse takeover, UBS's market cap exceeded $100 billion, reinforcing its global wealth management lead while aiming for growth in the US market.

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

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#MarketNews

☀️ Happy Wednesday, dear traders! Today, May 22, we're bringing you the day's most thrilling news highlights:

🇪🇺 ECB President Christine Lagarde indicated a probable rate cut in June, citing controlled inflation and confidence in achieving the 2% target.

🇨🇳 China's capital outflows in April surged to the highest level since 2016, driven by record-high cross-border outflows for direct investment amid a weak domestic economy and Fed rate uncertainty.

🇬🇧 UK inflation dropped to 2.3% in April, approaching the Bank of England's target but missing expectations, with core inflation also falling to 3.9%.

🚗 Tesla Inc.'s European sales fell to a 15-month low in April, with registrations dropping 2.3% to 13,951 vehicles, as CEO Elon Musk predicted a better performance for the upcoming quarter. Nevertheless, Tesla's (#TESLA) stock is up 6.66% today.

🇯🇵 Japan's 10-year bond yield hit 1% for the first time since 2013, signaling potential shifts in Bank of Japan policy.

⚡️ Nvidia's earnings will test the US stock market's record run. Its shares have been up 90% this year due to its key role in AI and significant influence on the US500. Nvidia (#NVIDIA) stock is up 0.64% today.

💰 Cryptocurrencies surged as investor optimism grew over the potential approval of Ethereum ETFs. Ether was set for its most significant two-day gain in nearly two years, and Bitcoin was nearing a record high.

🥤Coca-Cola Consolidated raised $1.2 billion in its first blue-chip bond sale in nearly nine years to fund a $2 billion stock buyback. Coca-Cola (#COCA-COLA) shares are up 0.54%.

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

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#MarketNews

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

🔥 The G-7 meeting addresses a two-speed world economy, with US strength contrasted by Europe's weaker growth and inflation rates, leading to divergent monetary policies.

🇯🇵 Japan's inflation decelerated due to slower rises in processed food prices and a planned end to utility subsidies. This comes amid expectations of wage hikes that the Bank of Japan hopes will boost the economy.

📣 Alibaba is expanding its global cloud services and employing AI to compete with US tech giants. It also opens new markets and builds data centers in Asia and Mexico. Alibaba stock is down 0.95%.

🛢 Brent oil prices fell below $81 for the first time since February 15, driven by reduced geopolitical risk and concerns about US interest rates.

💲 The SEC approved eight Ethereum ETFs from firms, including BlackRock and Fidelity, expanding cryptocurrency investment options.

📈 Nvidia has reduced the prices of its AI chips in China due to intense competition from local manufacturer Huawei. Nvidia (#NVIDIA) shares surged 9.32%.

🚗 Tesla has removed its 2030 sales target from its latest regulatory report, which previously mentioned a plan to sell 20 million cars by that year. Tesla (#TESLA) shares are down 3.54% today.

✈️ Boeing forecasts negative cash flow for 2024 due to ongoing delays in aircraft deliveries and production challenges, contributing to a 7.6% drop in its share price. Boeing (#BA) stock is down 7.55% today.

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

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#MarketNews

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

☄️ ECB President Christine Lagarde announced a rate cut to 3.75%, leaving markets uncertain about future monetary policy amid a slower-than-expected path to 2% inflation.

💬 The US May jobs report is expected to show a gradual slowdown in the labor market, with payrolls rising by 180,000 and unemployment, participation, and wage growth remaining unchanged.

🇨🇳 China's exports surged 7.6% in May, exceeding forecasts and highlighting strong global demand despite weak domestic consumption and looming trade barriers.

🇩🇪 The Bundesbank forecasts German GDP growth of 0.3% in 2024, increasing to 1.1% in 2025 and 1.4% in 2026. ECB President Nagel is stressing caution about interest rate cuts.

💳 After implementing rigorous controls, Binance has resumed Mastercard payments for cryptocurrency purchases, although withdrawal services remain unavailable. Mastercard (#MASTERCARD) shares are up 0.45%.

🇯🇵 BOJ's Nakamura supports maintaining current monetary policy, citing doubts about sustainable wage and inflation growth.

🔥 Nvidia CEO Jensen Huang plans to sell up to $735 million in stock under a Rule 10b5-1 trading plan, following the company's market value surpassing $3.1 trillion. Nvidia (#NVIDIA) shares fell 1.18%.

🌏 Alibaba is expanding globally by launching "Alibaba Guaranteed" to attract small US and European businesses. Alibaba (#ALIBABA) stock is up 0.26%.

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

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#MarketNews

✋ Hello there, traders, and welcome to Tuesday's trading session! Let's check the news moving the financial markets today:

⚡️ ECB President Christine Lagarde stated that last week's rate cut doesn't signal a continuous decline, as future rate decisions will depend on economic conditions, including inflation and wage growth.

🍏 Apple unveiled new AI features, including a ChatGPT partnership with OpenAI, aiming to reclaim market leadership with the "Apple Intelligence" platform while enhancing its operating systems. Apple (#APPLE) shares fell 1.91 percent.

🇪🇺 European stocks fell on Monday as traders reacted to initial EU election results and French President Macron's surprise call for parliamentary elections. The EU50 was down 0.71%.

📈 Nvidia (#NVIDIA) stock rose nearly 1% on Monday after its 10-for-1 stock split, making shares more affordable and accessible to retail traders.

💰 Weekly inflows into US spot Bitcoin ETFs exceeded $1.8 billion, buying 25,729 BTC from June 3 to June 7, surpassing the 3,150 BTC mined in the same period.

🖥 The UAE's AI minister called Microsoft's $1.5 billion investment in G42 the start of closer tech collaboration with the US. Microsoft (#MICROSOFT) stock is up 0.95%.

🥇 The World Gold Council says Singapore is set to lead the gold market, driven by rising Asian demand, its proximity to 25% of global supply, and major gold-buying central banks.

🚗 Due to limited local demand, Volkswagen doubts South Africa's EV plans, focusing on fuel-powered vehicles from its 165,000 vehicle-per-year factory. Volkswagen (#VOW) stock is down 0.22% today.

🛢 Oil held its biggest gain since March, with Brent trading below $82 ahead of an OPEC market report and IEA's monthly report after surging 2.5% in the previous session.

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

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#MarketNews

☀️ Happy Wednesday, dear traders! Today, June 19, we're bringing you the day's most thrilling news highlights:

☄️ The European Union is poised to rebuke France for not adhering to fiscal rules, which could intensify political challenges as legislative elections approach.

🇬🇧 UK inflation has reached the Bank of England's target of 2% for the first time in nearly three years, paving the way for potential interest rate cuts.

🇯🇵 Japan's exports rose 13.5% in May, the highest since 2022, boosted by autos and chip equipment amid a weaker yen.

🇨🇳 China's central bank may soon start trading in the bond market. Persistent rallies have pushed yields below the critical 2.5% level, indicating potential intervention to stabilize financial markets.

⚡️ Vodafone Group Plc sold approximately 18% of its stake in Indus Towers through exchange block deals for about $1.8 billion. Vodafone (#VOD) shares are up 0.56%.

📈 Since its IPO, Nvidia's historic 591,078% rally has led it to surpass Microsoft in market value, becoming the most valuable company globally. Nvidia (#NVIDIA) stock is up 3.51%.

🇨🇭This week, the Swiss National Bank faces a tense decision on whether to cut interest rates from 1.5% or maintain them amid 1.4% inflation and market volatility.

🇮🇳 JPMorgan Chase's inclusion of Indian government bonds in its primary index is expected to funnel $40 billion into the market as global institutions adjust their investment portfolios.

⛽️ The tightening UK gas market may trigger an "inflationary sting" as Europe's gas storage levels, currently at 73%, need replenishing in the next two months to prevent higher energy prices before winter.

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

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#MarketNews

☀️Happy Friday, dear traders! This week was intense, and we hope you enjoyed it! Let's take a look at our end-of-week news!

☄️ Wall Street's $5.5 trillion triple-witching event on Friday, involving the expiration of options tied to indexes, stocks, and ETFs, is expected to test market stability and potentially increase volatility.

🇯🇵 Japan's services activity contracted in June for the first time in nearly two years, with the services index dropping to 49.8 from 53.8 due to higher input costs.

🇨🇦 Canada is preparing potential tariffs on Chinese electric vehicles to align with the US and EU, addressing concerns over China's overcapacity and its impact on local industries.

🇨🇳 The People's Bank of China managed the yuan's decline by setting a stronger-than-expected daily reference rate as the currency fell to its lowest since November.

🇩🇪 German Vice Chancellor Robert Habeck heads to Beijing for talks with Chinese leaders, focusing on avoiding trade tensions over proposed EU tariffs of up to 48% on Chinese electric vehicles.

🍔 McDonald's launches a $5 value meal to attract budget-conscious consumers amid a 40% price increase since 2019, aiming to stay competitive in the fast-food market. McDonalds (#MCDONALDS) shares are up 1.20%.

💬 Amazon is close to finalizing a deal with Banco Santander to offer European consumer financing options, starting in Germany. Shares of Amazon (#AMAZON) are up 1.80%.

👀 Nvidia’s shares, up over 1,000% since October 2022 and valued at $3.2 trillion, leave investors debating whether to cash in or buy more amid soaring AI-driven growth. Nvidia (#NVIDIA) stock is down 3.54% today.

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

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#MarketNews

👋Good morning, dear traders! How are you? Let’s discuss the most exciting news for the beginning of the week.

☄️ The core PCE index is projected to rise just 0.1% in May, potentially allowing for interest rate cuts by September if minimal inflation changes continue.

🇫🇷 France's snap election creates economic uncertainty, pushing the risk premium on French bonds to its highest since 2012 at around 80 basis points above German bonds.

⚡️ Bond markets suggest high interest rates may persist, with the neutral rate projected at 3.6%, limiting Treasury bond gains and challenging significant rate cuts.

🇯🇵 Global investors are becoming cautious about Japanese stocks, with Citigroup noting a "material risk of correction" as foreign investors sell shares for the fourth consecutive week.

🇪🇺 The European Union will impose up to 38% tariffs on Chinese electric vehicles, citing unfair subsidies and economic threats to EU producers.

🍎 Apple Inc. withholds new AI technologies, including Apple Intelligence, iPhone Mirroring, and SharePlay Screen Sharing, from the EU market in 2024, citing security concerns over the Digital Markets Act. Apple (#APPLE) shares are down 1.04%.

💎 Despite briefly surpassing Apple and Microsoft in market cap, Nvidia remains relatively unknown. Its $3.1 trillion valuation and significant demand for AI chips are driving its rapid ascent. Nvidia (#NVIDIA) stock is down 3.22%.

🛫 US prosecutors recommend that the Justice Department bring criminal charges against Boeing for violating a 2021 settlement related to two fatal 737 MAX crashes. Boeing (#BA) shares are up slightly by 0.15%.

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

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#MarketNews

☀️ Happy Wednesday, dear traders! Today, June 26, we're bringing you the day's most thrilling news highlights:

🇪🇺 ECB's Olli Rehn considers market expectations of two more rate cuts in 2024, potentially lowering the deposit rate to 2.25%, as reasonable.

🇨🇳 Economists raised China's 2024 GDP growth forecast to 5% and export growth to 4.3%, citing improved exports despite risks from weak domestic spending and trade tensions.

📈 Nvidia's stock (#NVIDIA) surged 6.8%, its best rebound in three years, after a three-session 12.9% decline. It ranks second in the S&P 500.

⚡️ The Bank for International Settlements says central banks must use AI for real-time data and better inflation prediction but should not replace humans in setting rates.

🇨🇦 Canada's May CPI rose to 2.9% year-over-year, beating the 2.6% estimate. This reduced the Bank of Canada's July rate cut odds to 52%.

🇯🇵 Traders say Japan is unlikely to intervene in the yen's decline before Friday's US PCE data, despite the yen's 12% drop against the dollar this year.

⛽️ The global LNG market faces supply risks from Russian sanctions, aging plants (25% are over 20 years old), shipyard bottlenecks, and a US licensing pause that could potentially delay 70 million tons of new capacity.

📦 FedEx (#FDX) shares jumped over 15% after hours as $4 billion cost-cutting measures led to better-than-expected fiscal Q4 earnings and revenue.

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

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#MarketNews

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

⚡️ The ECB, led by Christine Lagarde, needs more time to assess inflation uncertainties. June's 2.5% inflation data were insufficient for decisions on interest rates.

💬 Japan's economy is forecasted to shrink in 2024, with GDP revised to -2.9% in Q1, leading BNP Paribas to predict a -0.4% contraction and SMBC Nikko Securities a -0.3% contraction.

🇦🇺 The RBA minutes show an August rate hike is possible, with the key rate at 4.35% and inflation at 4% in May, despite household financial stress.

🇳🇿 Weak New Zealand business confidence, with 44% of firms pessimistic and a 28% decline in trading, adds pressure on the central bank to cut the 5.5% interest rate sooner.

🚗 Tesla is expected to report a 5.8% drop in quarterly deliveries to 439,302 vehicles. The company is facing a prolonged sales slump due to an older lineup and widespread staff cuts. Tesla (#TESLA) shares are up 6.05%.

🛢 Oil trades near a two-month high, with Brent crude at $86.80 per barrel, driven by rising summer demand and potential disruptions from Hurricane Beryl.

✈️ Airbus deliveries rose 2% in the first half of the year to approximately 323 planes despite supply chain issues. Airbus (#AIR) stock is up 2.64%.

👀 Nvidia is set to face antitrust charges from the French regulator for alleged anti-competitive practices, which could lead to fines of up to 10% of its global annual turnover. Nvidia (#NVIDIA) stock is up 0.62%.

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! How are you? Let’s discuss the most exciting news for the beginning of the week.

☄️ The US dollar slipped 0.1% after President Joe Biden announced he would not seek reelection in 2024 and endorsed Vice President Kamala Harris.

🇨🇳 China enacted unexpected interest rate cuts to bolster economic growth following a major Communist Party meeting that left investors wanting more immediate stimulus measures.

🇳🇿 New Zealand's inflation slowed to 3.4% in the second quarter, below the Reserve Bank's 3.6% forecast, potentially setting the stage for upcoming interest rate cuts. NZDUSD trades at 0.5998

🇯🇵 Hedge funds reduced their short bets on the yen by 38,025 contracts, the most considerable reduction in over a decade, after Japan's suspected interventions to boost the currency. USDJPY is trading at 156.68

🥇 Gold imports to China plummeted nearly 60% to 58.9 tons last month, marking the lowest level since May 2022, as elevated prices deterred the world's largest bullion consumer amidst the economic slowdown.

📱Vodafone has sold an additional 10% stake in Vantage Towers to Oak Holdings for 1.3 billion euros, reducing its effective ownership to 44.7% and furthering its strategy to decrease debt. #VOD stock is down 0.55%

🚗 Volkswagen and Xpeng have partnered to develop a new EV architecture, planning to begin production in two years and launch two Volkswagen-branded EV models by 2026. #VOW shares rise 0.52%

📍 NVIDIA is developing a new flagship AI chip, the "B20," for the Chinese market. It is adhering to US export restrictions and collaborating with its major Chinese distributor. #NVIDIA shares fell 2.61%.

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

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☄️ Global Market Turmoil! ☄️

😱 Tech stocks are plummeting, with #NVIDIA down 9.6%, #APPLE down 6.1%, and the Nasdaq dropping hard! Asian markets took a hit, with JP225 falling 12%!

💬Traders are betting on a 60% chance of a Fed rate cut this week as concerns about a slowing US economy rise. Safe-haven assets like the yen are up 3%, and bonds are rallying!

❓ What are you trading this week? Write in the comments⬇️

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#MarketNews

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

📉 #NVIDIA stock dropped to 8.4% after disappointing forecasts and production issues with its Blackwell chips. This was despite Q2 revenue of $30 billion, surpassing analyst estimates of $28.9 billion.

🇨🇳 China's 5% growth target is increasingly doubtful as UBS, JPMorgan, and Nomura cut their GDP forecasts below 5%, citing a property slump and weakened consumer spending.

🚗 European car sales stagnated in July as electric vehicle demand plummeted 37% in Germany, the region's largest market. This contributed to just a 0.4% overall increase in new-car registrations.

💰 Berkshire Hathaway became the first US company outside the tech sector to surpass $1 trillion in market value, with its shares rising 30% in 2024, outpacing the S&P 500's 17% gain.

🛢 Oil prices increased, with Brent rising to $78.80 a barrel, as concerns over Libyan supply disruptions, which could affect up to 1 million barrels per day, offset a smaller-than-expected US crude inventory draw of 846,000 barrels.

🇳🇿 New Zealand business confidence surged to a 10-year high in August, boosting the Kiwi dollar, as the central bank's rate cuts fueled optimism.

🌐 Amazon has secured approval to purchase land in New Zealand for its Project Kuiper, which aims to deliver the Internet via a constellation of over 3,000 low-earth orbit satellites. #AMAZON shares are down 1.34%.

🍎 According to a Nikkei report, Apple has ordered components for over 10% more iPhones than last year, betting on AI-driven sales growth ahead of the iPhone 16 launch. #APPLE stock is down 0.68%.

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

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#MarketNews

☀️ Happy Wednesday, dear traders! Today, September 4, we're bringing you the day's most thrilling news highlights:

☄️ High interest rates expose global risks in regional banks, with smaller lenders holding $37.4 trillion in assets facing increased instability from commercial real estate and weak risk management.

🇪🇺The European Central Bank's restrictive policy risks harming Europe's economy, with inflation at a 3-year low of 3% and rates near 3%.

🇨🇳 China's services PMI fell to 51.6 in August, missing estimates and signaling slower expansion. This adds to concerns about the economy's weakening recovery.

💬 According to a Citigroup survey, the transition to T+1 settlement in US markets has proven more challenging than expected. Thirty-three percent of related projects are still pending, and asset managers face increased funding costs.

🛢 Wall Street's 2025 oil forecasts worsen, with Brent prices expected to fall below $80 and some predicting a drop to $60 due to weak demand from China and oversupply.

📉 #NVIDIA experienced a record $279 billion loss in market value as its shares dropped 9.5%, driven by declining investor confidence in AI and a broad market selloff following weak economic data.

🚗 Volkswagen faces significant worker unrest over plans to close factories in Germany, potentially affecting 300,000 workers, and cut costs amid a market value drop to below €60 billion. #VOW shares fell 0.49%.

🎮 Sony is shutting down its $40 million big-budget game Concord just two weeks after release, offering full refunds after the game failed to gain traction. #SONY stock is down 2.13%.

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

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#MarketNews

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

☄️ Major banks are split on Fed cuts, with Goldman Sachs predicting quarter-point reductions through June 2025, JPMorgan expecting a 0.5% cut in November, and traders pricing in 2% by September 2024.

🇨🇳 China is considering easing homebuying restrictions, including for non-locals, to boost its $5.4 trillion housing market as the CSI 300 Index has fallen 7% this year.

🇬🇧 The British pound reached its highest point since March 2022 after the Bank of England kept its key interest rate at 5%.

🇩🇪 Germany's economy is expected to resume growth at the end of 2024. Static growth is forecast for Q3 and 0.2% growth in Q4, lagging behind the eurozone's projected 0.3% growth.

👟 #NIKE replaced its CEO, offering a $1.5 million base salary and potential 200% bonuses. As a result, shares jumped 7% despite a 25% stock drop this year.

🚀 Nvidia and G42 are creating a climate tech lab using Nvidia's Earth-2 system, leveraging 100+ petabytes of data. G42 is backed by a $1.5 billion Microsoft investment. #NVIDIA shares are up 3.97%.

🔪 Goldman Sachs' breakup with Apple could cost the bank between $500 million and $4 billion, potentially forcing Goldman to eliminate one of its three business lines. #GS stock is up 3.97%.

📦 FedEx (#FDX) reported Q1 earnings of $3.60 per share and revenue of $21.6 billion, falling short of analysts' forecasts of $4.86 per share and $21.96 billion in revenue.

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#TradeIdea

👉🔼⏫⬆️ Nvidia Alert!

In the Daily timeframe, #NVIDIA reached the trend line after the correction, and on the Alligator, the lips crossed the jaw. The up-trend line on RSI has been broken, making growth possible.

🔼 Trade: Buy NVIDIA on a breakout above 125.0 and trendline;
🎯 TP: 140.0;

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

💬 The San Francisco Fed President expects continued rate cuts, citing no reason to stop as inflation cools and labor market concerns persist. The current rate is 4.75% to 5%.

📈 Demand for the dollar surged as the US election approaches, with JPMorgan estimating bullish calls near two standard deviations above average, leaving room for more buying in the coming weeks.

🥈 Silver follows gold's lead, with analysts predicting it could surpass $40 an ounce by year-end due to ongoing supply shortages and rising demand.

🚀 Nvidia's stock surged on Monday, reaching a market cap of $3.525 trillion. It is the second company after Apple to hit this milestone, with shares up 190% in 2024. #NVIDIA shares are up 4.14%.

📆 CALENDAR FOR TODAY - 2024.10.22

🔥 Tuesday:

🇬🇧 BOE Gov Bailey Speaks - 16:25 GMT+3

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

#MarketNews

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