Tag: Engine Forex

Frankfurt – 25/06/2021 Inflation Sedation At the latest after the latest reassurance pills from Federal Reserve Chairman Jerome Powell, the basic mood on the markets is currently constructive. Most recently, there was also the end of months of negotiations between US President Joe Biden and Congress. Biden had announced an agreement on planned infrastructure investments the previous evening.  Nevertheless, the …

from Engine Forex https://engineforex.com/markets-update-friday-25-06-2021-inflation-sedation/
via https://engineforex.com

Frankfurt – 24/06/2021 Infrastructure After Federal Reserve Chairman Jerome Powell had recently dampened interest rate concerns, interest rate and inflation fears receded, at least immediately. Wall Street was helped today above all by positively received new economic data and Joe Biden’s infrastructure plans.  US President Joe Biden today announced an agreement on a billion-dollar infrastructure package after months of negotiations. …

from Engine Forex https://engineforex.com/markets-update-thursday-24-06-2021-infrastructure/
via https://engineforex.com

Electronic Arts buys The games company Playdemic has only had one hit so far with “Golf Clash” – but is worth 1.4 billion dollars to the industry giant Electronic Arts. The money will go to the telecommunications group AT&T as the game studio Warner Bros. Games owner, as the companies announced on Wednesday. The smartphone game “Golf Clash” has been …

from Engine Forex https://engineforex.com/stock-take-23-06-2021/
via https://engineforex.com

Frankfurt – 23/06/2021 House of Cards Today was a relatively quiet day on the stock markets, and consolidations occurred for the most part. As a result, there were no significant movements today after the previous wild trading days.  The only overriding issue on the stock market continues to be inflation – and with it the worries about a tougher stance …

from Engine Forex https://engineforex.com/markets-update-wednesday-23-06-2021-house-of-cards/
via https://engineforex.com

1 company = 2 trillion The software giant Microsoft is worth two trillion dollars on the stock exchange for the first time. The shares benefited on Tuesday from the general market recovery after the weak previous week and rose by a good 1.10 per cent to 265.51 US dollars by the close of trading. Thus, Microsoft is the second US …

from Engine Forex https://engineforex.com/stock-take-22-06-2021/
via https://engineforex.com

Frankfurt – 22/06/2021 Bye, Bye Inflation Fears On Wall Street, interest rate fears eased significantly today, which benefited the Nasdaq technology exchange in particular. It remains the case that Wall Street is currently a rollercoaster for investors. Fears about interest rates alternate with new optimism about the economy and are causing movement on the trading floor. In contrast to yesterday, …

from Engine Forex https://engineforex.com/markets-update-tuesday-22-06-2021-bye-bye-inflation-fears/
via https://engineforex.com

MicroStrategy continues to invest in Bitcoin As recently as February this year, the US software company had invested around one billion US dollars in what is, to this point, the largest cryptocurrency by market capitalisation – convertible bonds were issued for this purpose. In mid-June, the tech company raised another 488 million US dollars – for the first time by …

from Engine Forex https://engineforex.com/stock-take-21-06-2021/
via https://engineforex.com

Frankfurt – 21/06/2021 The Green Mine Investors’ eyes are once again on Jerome Powell this week, who will be heard by parts of the US Congress this Tuesday. At issue is the Federal Reserve’s response to the corona crisis. Powell’s remarks are likely to be closely scrutinised for clues about future monetary policy. While investors are puzzling over the Fed’s …

from Engine Forex https://engineforex.com/markets-udpate-monday-21-06-2021-the-green-mine/
via https://engineforex.com

DraftKings share under pressure after a short attack.  The notorious short-seller Hindenburg Research has struck again: While the e-car manufacturers Nikola and Lordstown were already in the crosshairs of the analysis company in the past, it is now the online sports betting provider DraftKings that has to face the accusations of the short seller. The group made the leap on …

from Engine Forex https://engineforex.com/stock-take-17-06-2021/
via https://engineforex.com

Frankfurt – 17/06/2021 Tech yay, Gold nay!? Despite the announced interest rate turnaround, there was no cooling on the stock markets today. Tech stocks were particularly in demand in this environment.  The markets see it above all as positive that the money floodgates will remain wide open for the time being. The Fed wants to stick to its monthly dose …

from Engine Forex https://engineforex.com/markets-update-thursday-17-06-2021-tech-yay-gold-nay/
via https://engineforex.com