On this week’s Recap. New Highs this past Tuesday and Wednesday with a resilient stats for the economy, thanks to the investor optimism during the resolutions of the US/China trade war. Trump supports the Hong Kong protestors, this might complicate the trade talks. Dollar went up significantly. There’s a structural change for China as many companies decided to move their production lines to Vietnam. DAO up to 0.63%, SMP500 up 1%, NASDAQ 1,70% World stocks hit a high in nearly two years […]
Market Recaps
Recap November 24: Protests Continue Globally – Stocks Hardly React (Recap Ep046)
On this week’s Recap. US/China commercial war still holds the markets at a low. Last tuesday, Europe’s world shares had its highest in nearly two years after investor maintained their bets. Riots in Venezuela, Bolivia, and Colombia had a new organized protest, three people died. Bitcoin keeps going down. Central Bank of China lowered its key interest rate since 2015 for monetary easing. US stocks optimism rise. US crude went up 0.09% International Brent down 0.09%. Alibaba Group raised 12.9000 Million Dollars […]
Recap November 17: Stocks at Record Highs – Worst Week for Gold/Silver (Recap Ep045)
On this week’s Recap. Trade war between China and The United States results on records highs. Cryptos down by 6.5% The US Federal budget is heading to an unsustainable path with a $23 Trillion Dollar National Debt. Chile’s coin reaches an historical low due the turmoil the protests are causing to the economy of this country. US Crude went up 0.84% Brent up 1.50%. Precious Metals had the worst week in the last two years. Bolivian president had to resign his charge […]
Recap November 10: Trade Deal Record Highs – California Pension System in Crisis (Recap Ep044)
Great week for markets around the world. A partial trade deal between The United States and China that could affect global economies positively Bad stats for Crypto, Bitcoin -3.81%. UK freezes Fracking activities even when the current government approved it. The President of Chile refuses to resign. Thailand is announcing a massive Asia – Pacific Trading Pact for 2020. It involves the 10 South East Asian Nations. Iran Nuclear activities are still on the rise even when a deal was set to […]
Recap November 3: Record Highs In Stocks – Fed lowers interest rates (Recap Ep043)
In today’s recap we cover some of the most important news that happened this week, on of them is how the auto sales in China may fall to just 26 million this year, a dip of around 8%, industry executives warn, as the world’s largest auto market braces for a 2nd year of contraction amid slowing economic growth & ever tightening vehicle emissions standards. Italian-American Fiat Chrysler & French Peugeot owner PSA have officially agreed to join forces in a $50 billion […]
Recap October 27: World Riots Rock Stocks – China More Rich than Americans (Recap Ep042)
Among the most important news that happened this week are the protests going on in Chile. Emerging market investors trading in the Chilean peso lose as the worst protests in decades are occurring leading to 1000’s of arrests & 15 deaths. European firms are exposed, especially miners with operations in the copper-rich country. JPMorgan is turning bearish on Chile’s domestic stocks, lowering the country to underweight from neutral. President Piñera acknowledges government failures & is announcing economic reforms intended to restore order. […]
Recap October 20: Partial Trade Deal – Stocks Trading Mixed (Recap Ep041)
In today’s recap we cover some of the news that affected the market the most like the preliminary trade deal between China and the U.S. U.S. recession concerns are easing now that the Treasury yield curve is no longer inverted. It has been a reliable bond-market harbinger of past economic downturns. However, markets are still divided on whether a recent steepening of the curve points to brighter economic prospects, or remains an indication that the U.S. is still rushing headlong, into a […]
Recap October 13: Partial Trade Deal – Companies Abandon Libra (Recap Ep040)
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, […]