Aktualności

Economic Indicators & Central Banks:

• President Biden announced he is withdrawing from the re-election campaign. In a subsequent comment, he stated his support for Kamala Harris. He will address the nation later this week. This throws the Democrat party into more disarray as it heads into its convention from

Tesla. Inc. is a company which engages in the design, development, manufacture, and sales of fully electric vehicles, as well as power storage and photovoltaic systems. It is currently ranked 11th by market cap (over $792B.) The company is scheduled to release its Q2 2024 earnings result on 23rd …

• NASDAQ’s most influential stocks witness significant gains on Wednesday including Apple +1.88%, Microsoft +1.46% and Alphabet +1.17%.
• Investors fix their attention on today’s US Inflation rate which analysts expect to fall from 3.3% to 3.1%. Markets predict US Core Inflation to remain at 3.4%.
• KeyBanc Capital Markets raised NVIDIA’s target

US stock indices closed higher on Tuesday [16 July], with the S&P 500 and Dow Jones Industrials recording new all-time highs.

Positive corporate news boosted the broader market on Tuesday, with Bank of America up over +5% after reporting better-than-expected Q2 net interest income and forecasting above-consensus Q4 net interest …

• Labour win UK Elections, receiving an unconditional majority of seats in the House of Commons (410 out of 650).
• The British Pound and FTSE100 increase in value as Labour wins an outright majority.
• The Japanese Yen sharply increases in value as the US Dollar underperforms ahead of the US employment