Financial news and stock markets.

Started by scarface, February 26, 2015, 06:28 PM

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Quote from: humbert on April 05, 2022, 02:17 AM
Quote from: Daniil on April 03, 2022, 12:03 PMFirst time in my life, prices for gasoline in Russia going low. It's strange to see this.

This is not just a Russian phenomenon. The price of gasoline here is also down. Here in San Antonio gasoline maxed out at $1.054/l - today I bought gas at $0.927/l. This despite the fact that oil went up a bit from the past few days.

Also keep in mind Russia has plenty of oil and their overseas sales have dropped due to the sanctions.
Everything has jacked up prices from fuel to food incl. cooking oil and medicine in India.


Today, I'm going to give you a brief overview of the stock markets.

The European markets climb as investors look ahead to U.S. inflation data: Stoxx 600 is up 1,1%.

There has been a lot of bearishness lately, with a bad global context. The positive morning in Europe came after choppy trading sessions in the region, and in markets further afield.
Recent market volatility has been driven by investor concerns over rising interest rates and question marks over how aggressively the Fed will act to curb rising inflation. What's more there are worries about the situation in Ukraine. On the short term I'm bullish: I invested on Monday in the Ucits Thematics AAA consumer RC (with a net asset value calculated on the following day of the purchase). I don't think there is a lot of upside potential, but we could see a  rebound of 5% or 6%. For the moment, the stock markets are still bearish on the middle term.


Today, I'm going to give you a quick insight into the stock markets.

Asian stocks fell in early trade Thursday after overnight drops on Wall Street as investors fret over inflation and looming recession. MSCI's index of Asia-Pacific shares outside Japan was down 0.92 per cent.

The dollar moved higher on a strong footing, buttressed by various reasons. Falling commodity prices dragged the Australian and Canadian currencies lower on Tuesday, although the dollar was steady against most other majors while bitcoin continued to tumble.

Oil prices eased in early Asian trade on Thursday, taking a pause after rising more than 5% in the previous session following new Russian sanctions on some European gas companies. Brent crude futures fell 9 cents to $107.42 a barrel. WTI crude futures fell 13 cents to $105.58 a barrel.

As for the European stock markets, they traded sharply lower Thursday as persistent U.S. inflation raised fears of aggressive Fed monetary tightening, while weak U.K. growth data hinted at a regional slowdown.
European investors digested Thursday the latest inflation data out of the U.S., as headline consumer prices rose 8.3% for the 12 months to April, remaining very close to last month's 40-year high, prompting renewed fears about the extent of the economic damage to the world's major growth driver created by the aggressive interest rate hikes needed to tame soaring prices.
Potential weakness in the world's economic driver adds to the deteriorating global picture, as the war in Ukraine threatens an energy crisis in Europe and ongoing COVID lockdowns in China hit the growth potential of the world's second-largest economy.


Today, I'm going to give you a brief overview of the stock markets.

The financial markets are down as recession fears weigh on markets. The cac 40 is down 2.20%.

Over the past 2 days, Walmart Inc. tumbled the most in almost 35 years after cutting its full-year profit forecast due to inflationary pressures, especially in food and fuel yesterday.
This analyst, located in Dubai, explains what's going on (conference in French):

Note that Shares in Orpea Plunged on Allegations of Financial Misconduct: shares in Orpea were down 19% yesterday, and they are down 8% today.