Tag: Engine Forex

Frankfurt – 17/05/2021 Inflated. Corona. Fears. On Wall Street, the markets went into reverse at the beginning of the trading week. Inflation fears remained persistent and came to the fore once again today. This also weighed on markets such as the European stock markets on Monday. Investors feared that the US Federal Reserve could raise interest rates sooner than expected …

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Frankfurt – 14/05/2021 Ease The situation on the financial and international stock markets eased considerably on Friday. Due to easing inflation concerns, stock markets on Wall Street, Europe and elsewhere recovered and ended a turbulent week on a conciliatory note. Apparently, the inflation fears were exaggerated after all. After the US Federal Reserve reaffirmed that the high inflation was only …

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Ethereum’s Record Hunt The second-largest cryptocurrency and best known smart contracts platform, Ethereum (ETH), is rushing from one record high to another record high. It broke the $4,000 mark just two days ago and continues to march forward towards $5,000.  The Ether price rose to a record level of 4,140 US dollars on Monday. The round mark of 4,000 dollars …

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Frankfurt – 13/05/2021 No Need to Worry After yesterday’s slide, Wall Street recovered strongly today. Among other things, good economic data from the US labour market made investors optimistic.  On Wednesday, the unexpectedly strong increase in US consumer prices by more than four percent sent the US stock markets into a tailspin. Investors fear that the price pressure could stall …

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Disney with light and shadow The entertainment company Walt Disney made significantly more profit in the second quarter than analysts had expected. However, the success was unevenly distributed. While the turnover of the theme parks developed more than twice as strong as expected, the streaming service Disney+ remained below the forecasts. The latter also caused the share to sink in …

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Jeff Bezos sells more Amazon shares Amazon CEO Jeff Bezos has sold more Amazon shares and has now already monetised shares worth 6.7 billion dollars in May. In total, Bezos divested himself of around two million shares in his group in recent days, documents from the US Securities and Exchange Commission (SEC) show. The sales took place in three tranches …

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Frankfurt – 12/05/2021 The Brutal Truth Over four per cent inflation in the USA! Hardly any economist had expected such an increase. The latest CPI figures from the USA clearly show a brutal truth. Wall Street was deeply shocked, and share prices plummeted. Only Europe’s stock markets resisted the downward trend – at least for today. The billions in economic …

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Frankfurt – 11/05/2021 Prices Concerns of a jump in US consumer prices and a resulting turnaround in interest rates put the stock markets under strong pressure on Tuesday. In the USA, the price development for April will be published tomorrow. Inflation is expected to have risen to 3.4 per cent. For May, an inflation rate of 3.6 per cent is …

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Virgin Galactic again with deep red figures The first quarter ended with another heavy loss for the space company Virgin Galactic. The loss per share for the reporting period was 0.55 US dollars after an EPS of -0.300 US dollars was reported a year ago. The experts had previously estimated the EPS at -0.274 US dollars. The net loss amounted …

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Frankfurt – 10/05/2021 Divided The stock markets were once again divided today: while blue chips remained in demand, tech stocks came under the radar. However, a look at the prices for industrial metals shows that the financial markets nevertheless assume that the global economy will continue to recover. The record chase for copper continues at the beginning of the week. …

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