EUR/USD 1.15846
-0.029%
Gold 4385.33
-0.060%
Oil 88.974
-0.159%
USD/JPY 158.907
0.127%
GBP/USD 1.34809
-0.033%
GBP/JPY 214.226
0.093%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Foreign investors bought 35.8 billion yen worth of Japanese stocks in the week ending August 28, compared with a revised figure of -763.4 billion yen in the previous week (originally -764.1 billion yen).September 3 - A mass shooting occurred in Minneapolis, Minnesota on September 2. Local authorities say multiple people have been identified as "victims," including two police officers. A large police force is on the scene, and the exact number of casualties is currently unknown.According to NewsNation: Trump said he spoke with Secretary of Defense Hergsays late last night to discuss Iran.Artificial Intelligence: 1. PwC: Global data center spending is projected to reach $31.6 trillion by 2050. 2. Musk: Grok 4.7 will be released in 10 days. 3. Meta releases Muse Spark 1.3 model, advancing the development of personal AI agents. 4. Kimi API natively supports Codex and Claude Code. 5. Google launches Gemini 3.8 Flash model. 6. CrowdStrike expands its partnership with OpenAI. 7. Broadcoms AI chip business growth is under pressure; Q4 guidance is below expectations. 8. The US government supports OpenAIs copyright lawsuit, stating that AI training is protected by "fair use." Other: 1. Musk: X usage is hitting new highs almost every week. 2. Ford sets a target of 100,000 units sold in the first year for its $30,000 electric truck. 3. The US Commerce Secretary revealed that the government plans to impose tariffs on chips, providing exemptions for US-made companies. 4. According to data from the China Passenger Car Association: Tesla China sold 86,166 vehicles in August. 5. It is reported that the Korea Exchange Stabilization Fund purchased approximately US$20 billion of funds repatriated from SK Hynix after its ADR listing. September 3 - Estonian Defense Minister Hanno Pevkul announced his resignation on the evening of September 2. He stated that he had decided to take political responsibility for criticisms from the Estonian National Audit Office regarding management and accounting issues in the defense sector.

Two Trades to Watch: DAX, GBP/USD

Jimmy Khan

May 07, 2022 10:43


微信截图_20220507103127.png


The DAX is falling as industrial output declines.


After a slaughter on Wall Street that saw the Nasdaq finsh 5% down, European equities have begun in the red, extending losses from the previous day.


Fears of inflation, stagflation, and recession are weighing on the market as we approach the weekend. The DAX is expected to shed 1.4 percent this week, marking the fifth consecutive week of losses.


In March, German industrial output decreased -3.9 percent on a month-over-month basis, down from 0.2 percent in February and considerably below the -1 percent drop forecast. The negative report comes on the heels of a sharp drop in German manufacturing orders in March. The data represents the economic effect of the Russian conflict on Germany and the Eurozone as a whole.


Germany does not have any additional statistics due today. Sentiment and the US NFP announcement will affect European indexes.

Suggestion