Today the Bank of Japan purchased a record daily amount of exchange-traded funds after governor Haruhiko Kuroda pledged to provide ample liquidity through its asset purchases, 101,4 billion yen is around $0,94 billion, As a result, Nikkei Index rose almost 3%. The problem now is that this week we are going to know 4 quarter GDP from Japan which is expected to fall...
Coronavirus... people are probably getting tired of this word. Unfortunately, we cannot stop thinking about it and the effects it produces on the world economy and companies. Technological companies beginto publish profit warnings and Apple is one of them. According to the company, "The first is that worldwide iPhone supply will be temporarily constrained. While...
Parabolic Stop and Reverse (SAR) suggests that we are now in an uptrendmeaning we should be long. Ichimoku cloud suggests the same future price movement. Keep in mind that: Kijun Sen (blue line): Also called standard line or base line, this is calculated by averaging the highest high and the lowest low for the past 26 periods Tenkan Sen (red line): The...
It is finally happening: T-Mobile nears Sprint takeover. As a result, german telecoms provider´s debt decreases. Wer are talking about $26,5 billion purchase of Sprint, of course, only if T-Mobile achieves to win court´s Nod for the takeover. According to the latest rumors things are going smoothly. The combined company will operate under the T/Mobile name, and...
Another bank, the same story "The Italian bank may lose as many as 10,000 staff in a new strategic plan." It just proves that the banking sector continues to suffer... only a few will survive. For that, they need to restructure and optimize the service. UniCredit joins other large European banks slashing costs and reducing job numbers as they seek to adapt to...
After publishing better than expected quarterly results, Elon Musks company literally skyrocketed reaching new record highs. That is what news of profitability together with promising investors sentiments may do to a stock. However, it does not mean that we are going to see the same trend for very long. Without any doubt, this growth may be partially contributed...
Coronavirus can be as negative as positive to the stock market. Considering the fact that fabrics have stopped, we might see some downside movement in companies like Apple. Stocks of airlines and travel companies were sharply lower amid freezes on travel into and out of the world's second largest economy, while companies with an indirect exposure to Chinese...
With the emrgence and diffusion of the deadly Coronavirus, we already see that Airline stocks, together with Hotels (suchs as Melia), oil prices and luxury products are exposed to the negative impact. In this context it is crucial to follow the topic. According to USA today, the coronavirus has killed more than two dozen people and infected more than 800, with...
In case it come backs to the support line, we might see some growth. Not sure that Zcash is going to follow the trend, in reality im more bearish on zcash than Dogcoin... IN addition Dogcoin market capitalization is even bigger according to coinmarketcap...
Evercore Raises PT On Apple To $305 From $275 BAML Raises PT On Apple To $290 From $270
What was President Macron thinking about designing a tax for tech companies... A quick reminder, it will be separated in two categories — marketplace (Amazon’s marketplace, Uber, Airbnb…) and advertising (Facebook, Google, Criteo…). Despite the fact it wasnt planned specifically for American companies, the vast majority of big tech companies that operate in France...
Despite the fact that GM is expectin things to be back to normal in a few more weeks, the strike cost General Motors has already reached $2 billion in production and cost employees nearly $1 billion in wages. One of the custimers said one vehicle was in the shop for 28 days waiting on one part to come in. Quick reminder: United Automobile Workers (UAW) has...
Libya's National Oil Corporation Says Production At El Feel Oilfield Halted Because Of Air Strikes + Aramco + OPEC Mulls Extending Oil Production Cut Deal For 3-6 Months After March 2020 + FITCH SAYS ITS EMEA OIL AND GAS SECTOR OUTLOOK REMAINS STABLE = Oil price up
Apparently low interest rates are one of the best christmas presents of the year so far. What would you do if you could enlarge your business at almost zero cost? Withouth any doubt the vast majority of us would say yes. And thats exactly what LVMH Corporation did with Tiffany: "LVMH Moët Hennessy Louis Vuitton SE (“LVMH”), the world’s leading luxury group and...
This year will be remembered not so much for greta thunberg speech but constant attempts from President Donald Trump to create enemies. Everything started with a notorious Hillary Clinton but ended up in discussions with the fed regarding monetary policy, or to be more precise, its dovishness or hawkishness. In this sense, Donald trump and Powell have completely...
Not only crypto can fall 20% in a couple of hours, tradiional stock market also love to surprise investors. Nokie, those undestroyable phones are already thing of the past, now everyone is focused on 5G and Internet of Things, but that's where the problem for nokia is. More competitors, more diffcult to earn new clients. As a result, new progft warning... Nokia...
In times of increasing instability investors tend to invest in gold and pass from the iShares MSCI Global Metals & Mining Producers ETF (PICK). Note : Pick seeks to track the investment results of an index composed of global equities of companies primarily engaged in mining, extraction or production of diversified metals, excluding gold and silver. It is...