Frankfurt – 08/03/2021 Billion-dollar Party The new trading week kicked off with a bang. Surprisingly, investors celebrated the passage of the $1.9 trillion US American stimulus package in Congress at the weekend. Why some traders remain very skeptical is the fact that everything else is faded out, and in the end, everything came out of the aid package as it …
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A cryptocurrency, to put it as simple as possible, is a form of digital money that can be used to transfer value in a digital environment. You may be wondering how it differs from payment systems such as PayPal or the digital banking app you may have on your phone. They certainly seem to serve the same use cases on …
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Slack not slacking Slack’s office communication service benefited in the fourth quarter from the increasing home office trend due to the corona restrictions. Revenues were 250.6 million US dollars, compared to 181.9 million US dollars in the previous year’s final quarter. Earnings per share were put at 0.01 US dollars – a year ago; the books still showed a minus …
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NIO share heavy Tesla competitor NIO disclosed its figures for the fourth quarter of 2020 on Tuesday night. A loss per share of CNY 1.05 was reported, while analysts had expected a discount per share of CNY 0.388. In the same quarter last year, the company reported a loss of CNY 2.810 per share. Sales rose to CNY 6.64 billion …
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More and more states in the USA are legalising the use of cannabis, and other countries are also negotiating the potential legalisation of “weed”. The trend around the plant is boosting individual stocks from the industry, which is characterised by mergers and acquisitions and ETFs that track the sector. After shares shorted in the Reddit community “WallStreetBets” in January, such …
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Frankfurt – 05/03/2021 A Turbulent Week For a long time this trading week, investors were torn between economic hope and interest rate fear. In the end, hope prevailed, at least in the USA, and Wall Street closed clearly up after a rollercoaster ride. The weekly balance sheet, therefore, no longer looks quite so bleak. At the same time, positive job …
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Frankfurt – 04/03/2021 Fed-Chief sends markets south Share prices continued to plummet after Fed Chairman Jerome Powell’s speech. The US central bank chief said at an online event of the “Wall Street Journal” that prices could also be expected to rise with an upswing in the labour market. But it would most likely remain a one-off effect in the wake …
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Frankfurt – 03/03/2021 Interest rate concerns It was not only the corona theme that dominated the stock markets once again today. Both here in Germany and the USA, bond yields rose again and put a spanner in the stock market bulls’ works. The yield on the benchmark ten-year US government bonds rose to 1.481 per cent. A rise to more …
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Frankfurt – 02/03/2021 Bubble A man named Guo Shuqing dampened the good mood on the stock markets on Tuesday. Shuqing is the top stock market supervisor in China and certainly has something to say in the financial world. The head of the China Banking and Insurance Regulatory Commission warned that the high prices on Wall Street and the European financial …
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Frankfurt – 01/03/2021 Trillions After the previous week’s losses, prices on Wall Street and many other stock exchanges rose significantly again today. Especially US investors, who had recently been somewhat sceptical, returned to the market more confident at the start of the week. They gave all the major stock indices significant price gains. The market particularly welcomed the fact that …
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