Market Overview - Page 493

Important upcoming events and publications for May 23 (GMT): 08:00 German Ifo Business Climate. Risks for EUR: Moderate. The index is expected to remain at 99.2. Since August last year, the index has been in decline, causing concern about the.

There is at least one thing in common between the U.S. and Russia — their willingness to weaken the European Union, a high-ranking European official told CNBC. As European voters prepare to head to the polls later this week and.

The crypto markets have undoubtedly been in an uptrend over the past several weeks that has allowed Bitcoin to set fresh year-to-date highs in the mid-$8,000 region, and despite facing several pieces of somewhat bad news, BTC has continued to.

Recep Tayyip Erdogan’s Turkey is paying the price for its pre-election efforts to tinker with the markets. As a controversial vote rerun looms, a barrage of interventionist policies by Erdogan has backfired, starving the economy of investment, fueling demand for.

Market focus The British pound fell below 1.27000 on Tuesday, declining in eleven of the last 12 trading sessions. Hopes for agreement with the opposition are not yet justified, which returns to the markets the factor of uncertainty and fears.

Important upcoming events and publications for May 22 (GMT): 08:30 U.K. Consumer Price Index. Risks for #GBP: High. Values below expectations could return pressure for pound sterling. 18:00 FOMC Meeting Minutes. Risks for #USD: High. Hints for a prolonged pause.

Morgan Stanley cut its bear (worst-case) forecast on Tesla’s stock from $97 to just $10 on Tuesday, citing concerns about the company’s increased debt load and geopolitical exposure. In particular, Morgan Stanley analysts said the reduction was driven by concerns.

U.S. officials said Monday they would grant a handful of temporary exceptions to an export blacklist against Huawei Technologies Co., giving some suppliers and customers of China’s telecom giant a 90-day reprieve from tough trade penalties. In an order scheduled.

Former US Congressman Dr. Ron Paul recently attended the crypto Consensus conference in New York as a guest of the Digital Asset Policy Network. During his visit the retired politician and godfather of the modern right-wing Libertarian movement spoke about.

Market focus Alphabet and some other American IT companies have suspended business with Huawei, which is one of the first examples of major consequences for a Chinese company being blacklisted by the US government. In addition, US warships cruised near.

Google has severed business ties with Huawei, in a stunning move that could threaten the smartphone maker’s global ambitions. The U.S. tech giant has decided to stop licensing its Android operating system to the Chinese telecommunications firm, in order to.

The European Union is under siege. In elections from Sweden to Spain, right-wing populists continue to gain strength, while support for traditional parties withers. Populist groups expect to make sizable gains in this week’s elections for the European parliament —.