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The Gates Foundation: Microsoft (MSFT.O) co-founder Bill Gates will miss the keynote address at the Delhi AI Summit to "ensure the summit focuses on core issues."Tesla (TSLA.O): Tesla (TSLA.O) owners have accumulated more than 8 billion miles in FSD (Full Self-Driving) monitoring mode.S&P: Investor sentiment is key to Indonesias sovereign credit support.On February 19, Fu Cong, Chinas Permanent Representative to the United Nations, stated on February 18 at the general debate of the 2026 session of the Special Committee on the UN Charter and Strengthening the Role of the United Nations that, faced with a complex and volatile international situation, upholding multilateralism, strengthening the role of the United Nations, and reforming and improving global governance are the common aspirations of all countries. The international community needs to abide by the UN Charter and safeguard the authority of the United Nations more than ever before. Fu Cong pointed out that maintaining international peace and security is one of the purposes of the UN Charter. Chinas proposed global security initiatives advocate a common, comprehensive, cooperative, and sustainable security concept, providing a Chinese solution for addressing the global peace deficit and resolving the security dilemma. China is willing to work with all countries in the world to actively implement the initiatives and jointly address various traditional and non-traditional security challenges.February 19th - According to the National Energy Administration, from midnight on the 28th day of the twelfth lunar month (February 15th) to midnight on the first day of the first lunar month (February 17th), statistics from the 53,300 highway charging piles included in the national charging infrastructure monitoring and service platform showed that during the first three days of the Spring Festival holiday, new energy vehicles were charged a total of 1.4099 million times, with an average daily charging volume of 11.8008 million kilowatt-hours, a 63.05% increase compared to the same period last year. The highway charging infrastructure operated smoothly, effectively ensuring the needs of people traveling by new energy vehicle for visiting relatives, tourism, and returning home during the holiday. In the coming days, the return travel peak of the Spring Festival holiday will arrive. The National Energy Administration, together with relevant departments, will further strengthen scheduling and monitoring to continue to ensure the charging needs of new energy vehicles during the Spring Festival holiday.

Two Trades to Watch: DAX, GBP/USD

Jimmy Khan

May 07, 2022 10:43


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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.