Frankfurt – 08/06/2021 Waiting for Signals As in Germany and Europe, investors in Asia and the USA were cautious ahead of important inflation figures. Above all, there is the question of the future interest rate course of the US Federal Reserve. The main topic of conversation on the trading floor continues to be the inflation risks and the question of …
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Frankfurt – 07/06/2021 Sideways Investors did not really come out of the woodwork ahead of the important US consumer price data (CPI) coming Thursday, but there was also no significant inclination for sell-offs. Investors expect the data to provide further indications of a possible date for tightening the ultra-loose monetary policy. In April, the inflation rate rose by 4.5 per …
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Frankfurt – 04/06/2021 Weak Data, good News The May upturn in the US labour market was less robust than expected. Nevertheless, equity investors are happy. This is because the sobering jobs data alleviate inflation and interest rate concerns. Although the labour market recovery continued, “only” 559,000 new non-farm jobs were created – almost 100,000 less than expected. While the latest …
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Slack posts revenue growth The office communication service Slack presented its figures for the first quarter of the current financial year on Thursday evening after the close of trading on the US stock exchanges. Slack saw its earnings per share deteriorate to minus US$0.08 in the past quarter. Experts had previously forecast a loss per share of US$0.003, down from …
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Frankfurt – 02/06/2021 Beige Book Boredom The Federal Reserve’s economic report hardly moved the US stock markets. There was little that was informative. The Fed’s eagerly awaited economic report, the “Beige Book”, did not provide any new impetus for today’s stock market. The central bank noted that the economy had grown at a moderate pace between the beginning of April …
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Almost a century has passed since its inception, but the Wyckoff Method is still widely used today. It is undoubtedly much more than a TA indicator, as it encompasses many principles, theories and trading techniques. Essentially, the Wyckoff Method enables investors to make more logical decisions rather than trading out of emotion. Wyckoff’s extensive work provides traders and investors with …
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Frankfurt – 03/06/2021 Inflation and Taxes Influential survey data on the US labour market fuelled interest rate concerns again today and weighed particularly on Wall Street and the tech sector. That the losses were not more pronounced was due to President Joe Biden’s revised tax plans. Corporate taxes could rise less than initially planned. According to insiders, US President Joe …
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Prosus buys Stack Overflow Technology investment company Prosus is making a billion-dollar purchase, acquiring website operator Stack Overflow for $1.8 billion. Prosus is responding to the growing demand for online learning opportunities in the technology sector. Based in New York, Stack Overflow runs a website for software developers and other professionals who want to improve their coding skills. The site …
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AMC Again AMC shares, popular with US small investors organised on the internet, jumped again in New York on Tuesday after the long weekend. In NYSE trading, AMC shares were ultimately up 22.66 per cent at $32.04, but this did not represent a new all-time high. This was set on Friday at 36.72 dollars when profit-taking had set in intraday. …
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Frankfurt – 01/06/2021 June Starts Even though the economic data is so positive at the moment, investors remain rather cautious. The promising figures could have a negative impact, especially on inflation and the potential reaction of the central banks. As the week progresses, the markets look ahead to Friday’s US labor market report for May. Tomorrow the Fed’s economic report, …
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