Recently, for the first time in two decades, the euro reached parity with the US dollar…
Dollar Pares Early Gains, Stock Market Moves Higher
Information is not investment advice
Midday Market View
Europe's economy is stalling again as rising numbers of Covid-19 infections interrupt the return to normal life. As a result, the stocks that benefited most from the first wave post-pandemic buying are getting a new lease of life.
Midday Key Point
- German cabinet reportedly approves 2021 draft budget, new debt of €96.2 billion
- JP Morgan set to move €200 billion assets to Germany in Brexit shift
- Eurozone September flash services PMI 47.6 vs 50.6 expected
The second earnings season of 2022 has almost begun. From banks and tech stocks to cars and the retail sector: in this outlook, we covered the most promising releases of this summer and made several projections on the companies’ prospects.
The stock market has reversed, and now it’s going lower and lower…
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD.
The US dollar index has all chances of reaching the 2000s high of 120.00.
Many investors treated gold as a protection against inflation. However, last week, gold lost its major support and dropped despite rising inflation. Why did it act like this?