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 […]
Market Recaps
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 […]
Recap August 4: Class Action Lawsuit Forex Manipulation – Interest Rate Drop (Recap Ep030)
In this recap we find that the Dow & S&P 500 had their biggest daily percentage drops since May 31 on Wednesday, after the U.S. Federal Reserve cut interest rates for the 1st time since 2008, but remarks by Fed Chair Jerome Powell dampened expectations for further rates cuts going forward. With the Trump announcement of new tariffs on Chinese imports U.S. oil prices plunged over 7% to settle below $55.00 a barrel. In a further blow to the global trade technology […]
Recap June 28: Stock Trading at Record Highs – Brexit & Warships (Recap Ep029)
In this recap we find that despite news that there will be a U.S. Department of Justice investigation into American high technology firms on grounds of antitrust grounds, the U.S. stock indices NASDAQ & the S&P 500 reached new all-times highs at the market close on Wednesday at 8321.50 & 3019.56 respectively. June 23rd, Boris Johnson, the U.K.’s former foreign secretary & a strong proponent of Brexit, will replace Theresa May as Prime Minister after winning the Conservative Party’s leadership contest. The […]
Recap July 21: Stock Market Record Highs – Silver explodes (Recap Ep028)
U.S. stocks from the 3 major benchmark indexes, the Dow, S&P 500 & the Nasdaq, once again closed Monday at a fresh all-time high, surpassing records set on Friday, as the corporate earnings season begins & investors consider new economic data from China. Facebook says Libra will be a stable, universally accepted crypto-currency that will make sending money online far easier helping promote financial inclusion. U.S. oil prices tumbled Tuesday after U.S. Secretary of State Pompeo hinted at thawing tensions between the […]
Stocks Trading at Record Highs Again – Havoc in Oil Market (Recap Ep027)
Investors in the U.S. made the most money in a week reaching the highest ammount since 2014, the record was 25.1 billion dollars. U.S. stocks have gone up 10 trillion dollars since president Donald Trump was elected in 2016. Also, the president of the central bank of the U.S. said that Libra should not continue working due to security reasons and to prevent money laundering. One of the stock exchanges in Japan lost 32 million dollar from its clients due to a […]