European equity markets
European equity markets In anticipation of a compromise between US President Joe Biden and congressional leaders to lift the US debt ceiling and prevent a default, European equity markets were set to open higher on Thursday, extending a global surge. However, investors anticipate earnings announcements from companies including Vantage Towers, BT Group, Burberry, EasyJet, and Premier Foods … Read more
United Kingdom Interest Rate
As it continues to fight double-digit inflation, the Bank of England is anticipated to hike the United Kingdom interest rate by 25 basis points to 4.5% in May 2023. This will be the eleventh consecutive rate increase and drive borrowing rates to new highs not seen since 2008. In March, the UK’s annual inflation rate … Read more
Germany industrial production
In March 2023, Germany industrial production fell 3.4% month-over-month, reversing a 2.1% increase in February that had been upwardly corrected, and worse than the 1.3% decline predicted by the market. The manufacturing of motor vehicles and their components fell 6.5%, following a 6.9% increase in February, making the automotive industry the biggest drag. Construction (-4.6%), … Read more
Biden polls behind Trump
Biden polls behind Trump (45-38%) & DeSantis (42-37%) in head-to-head matchups, although there are large numbers of undecided voters. >60% of Americans think Biden does not have the physical stamina to serve effectively as president. What do you do? You register with us and we tell you exactly how you manage these risks Click here … Read more
The ISM Services PMI increased to 51.9 in April of 2023 from 51.2 in March
The ISM Services PMI increased to 51.9 in April of 2023 from 51.2 in March, and slightly higher than market expectations of 51.8. It marks a fourth consecutive month of growth in the services sector, prompted by a faster increase in new orders (56.1 vs 52.2), a rebound in new export orders (60.9 vs 43.7) … Read more
The US annual inflation rate decreased for the ninth consecutive month
Inflation rate decreased 6% in February to 5% in March 2023, which was below market expectations of 5.2% and the lowest level since May 2021. Food prices increased less quickly than they did in February (9.5% vs. 8.5%), while energy costs decreased (-6.4% vs. +5.2%), particularly for gasoline (-17.4%) and fuel oil (-14.2%). The cost … Read more
United States Inflation Rate
As the results of the midterm elections began to come in on Wednesday, US stock futures fluctuated between modest gains and losses. Although the contest is still close and the vote count is ongoing, Republicans are probably going to take the House while Democrats are going to maintain the Senate. Stocks continued to rise in … Read more
United States Stock Market Index
As the results of the midterm elections began to come in on Wednesday, United States stock market fluctuated between modest gains and losses. Although the contest is still close and the vote count is ongoing, Republicans are probably going to take the House while Democrats are going to maintain the Senate. Stocks continued to rise … Read more
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Elon Musk’s Weird Week: Joking With A Former Russian President, Memes With Kanye And Trump, And A Potential Federal Investigation
Elon Musk Memes With Kanye, Putin And Trump . Also facing Potential Federal Investigation Elon Musk, the richest man in the world, had yet another eventful week, hanging out with Kanye West despite the rapper receiving criticism for a string of anti-Semitic remarks, exchanging jabs with Dmitry Medvedev, the former president of Russia, and possibly … Read more