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Mandy Op.

Mandy Op.

According to De Gindos of the ECB further rate hikes are necessary

According to De Gindos of the ECB further rate hikes are necessary

According to him, Europe's central bank will definitely start to reduce the balance sheet as early as 2023. Eurozone retail sales (m/m) for September increased by 0.4%, in line with the forecast. Last time the indicator was losing 0.3%. On an annualized basis, the figure fell 0.

Renault's electric car business is worth $10 billion

Renault's electric car business is worth $10 billion

Renault expects its electric car business to be valued at €10 billion in an IPO on the Euronext Paris exchange next year. The business will be spun off into a separate company, Ampere, and the one related to combustion engines into Horse. Interestingly, the market capitalization of Renault itself currently

China may soon cut quarantine rules for inbound travelers from 10 to 7 or 8 days, sources

China may soon cut quarantine rules for inbound travelers from 10 to 7 or 8 days, sources

Rumors of the removal of covid restrictions may turn out to be true. This is a big positive for the yuan and Chinese stocks. Also, oil prices will respond to the rumors by rising. Earlier, the head of the IEA predicted a rise in oil prices when China unlocks, as

We see that China has a problem with zero COVID policy, - Powell

We see that China has a problem with zero COVID policy, - Powell

Some countries are struggling because of the strong dollar. Obviously, the world economy is going through a difficult period. If we "over-chew", we can support economic activity with our tools. Otherwise, in a year or two you will realize that we have not managed inflation in time. There is no

Positive Technologies and Space Report.

Positive Technologies and Space Report.

Q3 2022 increased revenue by 171%, and 9-month revenue was up 115%. Gross margin reached an all-time high of 91%, and EBITDA margin was 55%. But that's not all: the net profit grew 32 times, but the low base effect was also important here. All of the company's key products

Fed's dovish reversal could spark S&P 500 rally of 10%

Fed's dovish reversal could spark S&P 500 rally of 10%

Analysts at JPMorgan believe that if the Fed raises rates by less than 0.75% on Wednesday, markets will move into a rapid rise. Now, with the real estate market recovering, economists are looking at different scenarios and preparing their clients for any options. Still, a dovish Fed decision is

Recession is still real. Moody's warns of the consequences of a Fed rate hike

Recession is still real. Moody's warns of the consequences of a Fed rate hike

Without changes in monetary policy, the risks of slowing investment and recession are growing, - Moody's rating agency A strong dollar and slowing global growth are reducing demand for U.S. exports, the agency said. The tailwinds of strong exports will soon subside, leading to an even greater slowdown in

Goldman Sachs analysts believe that the S&P 500 could collapse by another 25%.

Goldman Sachs analysts believe that the S&P 500 could collapse by another 25%.

According to bankers, such a scenario is possible in the event of a "deep" recession in the U.S. on the background of tightening monetary policy. And this could happen in 2023. Recall, the cycle of rising rates will probably not end until the middle of next year. And in

The stock market will have a tough time tomorrow. Apple falls 5% after report

The stock market will have a tough time tomorrow. Apple falls 5% after report

iPhone and iPad sales were worse than expected. The company earned $42.63 billion on iPhones versus expectations of $42.67 billion; $7.17 billion on iPads versus $7.81 billion. Forecasts are mixed. Apple expects global revenue in Q4 to reach $70.96 billion against estimates of $69.04

Tinkoff will double the threshold of fees for accounts in euros

Tinkoff will double the threshold of fees for accounts in euros

Previously, the service fee was charged when the threshold of 10 thousand euros was exceeded. From November 1, 2022 this threshold will increase to 20 thousand euros. The fee itself remains the same - 0.25% per month.