EUR/USD 1.15348
0.056%
Gold 4317.33
-0.773%
Oil 80.161
-0.327%
USD/JPY 159.438
-0.039%
GBP/USD 1.34896
0.030%
GBP/JPY 215.080
-0.012%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 14th, according to foreign media citing a US official, Jared Kushner, President Donald Trumps son-in-law and peace envoy, plans to travel to Israel next week for talks on the Gaza situation. This comes as the US continues its diplomatic efforts to make progress on its long-delayed peace plan. The visit follows Israeli Prime Minister Netanyahus rejection of a 15-point proposal from the Peace Committee. The roadmap for this proposal, released at the end of last month, included the disarmament of Hamas, the takeover of Gaza by a new Palestinian government, and the withdrawal of Israeli troops from the Gaza Strip. The US official stated that the US and Israel have reached an agreement on the desired outcomes of the Gaza issue and will continue to cooperate on other issues of common concern. The official added that Kushner may also visit other Middle Eastern countries to discuss the Gaza plan with regional partners.The yield on Japans 20-year government bonds fell 1 basis point to 3.730%.The Hang Seng Tech Index fell more than 1% in early trading, with tech stocks collectively weakening. JD.com (09618.HK) fell more than 8%, and Meituan (03690.HK) fell more than 3%.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.4 occurred near Longchang City, Neijiang City, Sichuan Province (29.24 degrees north latitude, 105.24 degrees east longitude) at 09:33 on August 14. The final result is subject to the official rapid report.On August 14th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.0740%, and the lowest was 0.6990%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0010%, and the lowest was 0.9010%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.0100%, and the lowest was 0.9010%.

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