In the recap of this week, we found that U.S. stock futures rose higher on Friday, ahead of the 2nd day of trade talks between China & the U.S. with major indices up near 1%. Investors are now counting on at least a partial deal, between the world’s two largest economies. Trade has dominated markets once again this week, with stocks rising & falling with the headlines. President Trump has vowed to block the U.S. House of Representatives’ impeachment inquiry. Democratic congressional […]
Recap October 6: Facebooks Libra in Trouble – Bad Economic News (Recap Ep039)
In this week’s recap, markets afected due the weaker economic data from the US and Europe, reflecting on global stocks with negative stats. Billionaire and investor Mark Cuban said “Cryptocurrencies, particularly Bitcoin, are only worth what someone is willing to pay for it” PayPal withdraws from Facebook’s Libra proyect, Visa and MasterCard are evaluating if they do the same. This thursday interest rate on Futures Traders are increasing The Central Bank of The United States bet, as the Bank is to low […]
Recap September 29: Stocks Drop, Oil Drops, Trump Drops (Recap Ep038)
In this week’s recap we find several ups and downs in the Asian and American markets, due to the trade war and the different decisions of the political leaders. On Wednesday, the Japanese trade deal & increased optimism about a possible agreement with China helped propel the U.S. stock market higher in its best day in 2 weeks. Investors are shrugging off the news of an impeachment inquiry into President Trump, while Nike shares jumped 4.2% on upbeat quarterly results. Helping sentiment, […]
Recap September 22: Marshall Swaps Dollar for Digital Currency – Saudis Arabia Attacked (Recap Ep037)
In the recap of this week, the most important news were the drone attacks on the Saudi oil industry, what forced a shutdown of half its crude production, amounting to a loss of 5.7M barrels a day, or roughly 5% of the world’s daily production of crude oil. Yemen’s Iranian-aligned Houthi rebels claimed credit for the strike at important Aramco facilities, including the world’s largest oil processing plant & a major oil field. The U.S. government will try to mitigate any damage […]
Recap September 15: France & Germany Block Facebook’s Libra – Stocks Rise (Recap Ep036)
In the recap of this week, we found that U.S. & world stock markets are overall climbing to their highest level in 6 weeks, as the European Central Bank prepares to offer new stimulus measures. The United States & China made mutual concessions in their ongoing trade dispute, improving investor demand for equities. An anonymous entity recently made 1 of the biggest transactions in Bitcoin history at 94,504 bitcoins. At the then-current Bitcoin price of around $10,600, the transaction was worth almost […]
Recap September 8: China Launches Digital Currency – Germany almost in Recession (Recap Ep035)
In today’s recap we talk about the big news in cripto currencies this week with the announcement by the payments department of the people’s bank of China that they’re launching a new criptocurrency that’s gonna be similar to Facebook’s Libra. This new cypto is gonna be able to go across all major payment platforms including WeChat and Alipay. Also, we talk about the blow the UK Prime Minister Johnson’s Brexit strategy recieved by lawmaker voting to delay the country’s exit from the […]
Recap September 1: Insiders Selling Stocks in Droves – Trade War Continues (Recap Ep034)
This week the markets went up, president Trump said that China pretends to reach a deal with the United States and is talking about reestablishing the dialogs. Corporate leaders in the U.S. are selling their stocks due to the uncertainty around economic growth, more than 600 million dollars in stock have been sold each day during August. In financial news, investors think that the trade war is gonna put pressure on the interests of the U.S. central bank. Expectation was created with […]
Recap August 25: Stocks Tank – Trade War Heats Up (Recap Ep033)
In this Recap, we find that the trade war between the U.S and China with a continuous retaliations in each side. The situation right now in the U.S is not just an escalation of the trade war, it is also an attempt to change supplies and productions located in China, causing a decrease in the Chinese economy. The stock markets in the U.S, in general, go down, the European market was mixed and also the Latin American market was mixed as well. […]
Recap August 18: Worst Day for Stocks since 2019 – New Zealand Makes Bitcoin Legal (Recap Ep032)
In this recap, we find that U.S. stock markets had their worst drop of the year on Wednesday, with the Dow dropping 800 points or 3%. The U.S. trade war with China has been a central concern in recent days, but the U.S. Treasury yield inversion between the 2- & 10-year notes, had greatly raised the fears of a recession among investors. World stocks were rising Friday morning as expectations grew of further stimulus by central banks, offsetting worries about slowing global […]
Recap August 11: Stock Lose $1 Trillion – Gold Outperforms Stocks in 2019 (Recap Ep031)
In this recap, we find that rising trade tensions between the United States & China pushed U.S. stocks to their worst week of 2019. Both the S&P & the Nasdaq have now erased their steep losses from Monday, the Dow still down on the week. Mid-week the German 10-year yield hit a record low -0.60% yield. French 10-year yields slid to -0.35%, the Netherlands to -0.50%, & Switzerland to -1.00%. The Japanese 10-year yield was down to -0.20%. There is now the […]