Global Capital Market Investment - Bronze

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22/11/2022

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19/11/2022

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29/07/2022

European Stocks Higher; Ocado Slips on Discounted Share Sale...

European stock markets traded higher Tuesday, recovering after last week’s brutal selloff, but concerns remain that aggressive central bank rate hikes to tackle inflation could spark a global recession.

By 3:50 AM ET (0750 GMT), the DAX in Germany traded 1.1% higher, the CAC 40 in France rose 1.4%, and the UK’s FTSE 100 climbed 0.6%.

The positive sentiment in Europe comes as global markets appear to be staging a comeback rally after a tumultuous week last week after a number of global central banks tightening monetary policy to tame red-hot inflation.

29/07/2022

Oil prices climb on supply and demand fundamentals..

LONDON (Reuters) -Oil prices rose on Tuesday on high summer fuel demand while supplies remain tight because of sanctions on Russian oil after its invasion of Ukraine.

Brent crude rose $1.61, or 1.4%, to $115.74 a barrel by 0825 GMT.
UBS analyst Giovanni Staunovo said that despite concerns over economic growth, latest data on flight activity and mobility on U.S. roads continues to show solid oil demand.

"We expect oil demand to improve further, benefiting from the reopening of China, summer travel in the northern hemisphere and the weather getting warmer in the Middle East. With supply growth lagging demand growth over the coming months, we continue to expect higher oil prices," he said.

Prices have been supported by supply anxiety after sanctions on oil shipments from Russia, the world's second-largest oil exporter, and questions over how Russian output might fall due to sanctions on equipment needed for production.

"Supply concerns are unlikely to subside unless there is a resolution to the Russia-Ukraine war, or unless we see a sharp rise in supply from either the U.S. or OPEC," said Madhavi Mehta, commodity research analyst at Kotak Securities.

U.S. West Texas Intermediate (WTI) crude for July, which expires later on Tuesday, rose $2.29, or 2.1%, to $111.85. The more-active WTI contract for August was up $2.48 at $110.47 a barrel.

29/07/2022

Stocks and oil tumble as recession fears mount..

LONDON (Reuters) - World stock markets and oil prices hit the skids on Wednesday as the persistent palpitations about rising interest rates and recessions struck again, while the Japanese yen hit a fresh 24-year low against a seemingly unstoppable U.S. dollar.

The enthusiasm that had given Wall Street its best day in over a month on Tuesday was suddenly gone as Europe opened 1.5% lower and Brent crude prices plunged 4% [.EU][O/R] following what had also been a downbeat Asian session. (T)[.SS]

Fired-up dollar bulls weren't taking any prisoners either on bets that the head of the Federal Reserve, Jay Powell, will reiterate to Washington later the need to jack up U.S. rates hard and fast.

As well as compounding the yen's woes, it knocked the euro down 0.3%, Norway's oil-sensitive crown slumped 1.3% and Britain's pound dropped 0.7% as data confirmed inflation there is now running at a 40-year high of 9.1%.

29/07/2022

Asian Stocks Down, Despite a Jump in U.S. Equities..

Investing.com – Asia-Pacific stocks were down on Wednesday morning as warnings about an economic downturn were getting louder despite a jump in U.S. equities.

Japan’s Nikkei 225 inched up 0.01% by 10:30 p.m. ET (0230 GMT). The yen hovered near a 24-year low against the dollar as the Bank of Japan kept its monetary policy ultra-loose while major global peers take a hawkish stance. Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about the recent sharp yen weakening and would appropriately respond to exchange market moves if necessary.

South Korea’s KOSPI fell 1.74%

In Australia, the ASX 200 inched down 0.06%.

Hong Kong’s Hang Seng was down 0.55%

China’s Shanghai Composite inched down 0.09% while the Shenzhen Component edged down 0.17%.

The S&P 500 and Nasdaq 100 jumped more than 2%.

U.S. 10-year Treasuries yield was little changed at 3.27%.

The U.S. Federal Reserve’s aggressive monetary tightening to cool inflation, and concerns of growing risks of a recession are weighing on the market.

29/07/2022

Oil rises as supply concerns outweigh U.S. fuel stocks build
Reuters..

SINGAPORE (Reuters) -Oil prices edged higher on Thursday after dipping in early Asian trade, as concerns about global supply tightness outweighed a build in U.S. gasoline and distillate inventories.

Brent crude futures for September, the more actively traded contract, rose 63 cents, or 0.6%, to $113.08 a barrel at 0250 GMT. The less liquidly traded August contract, which expires Thursday, was at $116.08, down 18 cents, or 0.2%.
U.S. West Texas Intermediate (WTI) crude futures climbed 49 cents, or 0.5%, to $110.27.

"Crude oil pushed higher in early trading after a bullish inventory… The drawdown was driven by refiners increasing their throughput amid historically high refining margins," ANZ analysts said in a note.

29/07/2022

Oil slips as recession fears balance tight supply..

LONDON (Reuters) - Oil edged lower on Monday as fears of a global recession that would hit demand overshadowed concerns of tight supply amid lower OPEC output, unrest in Libya and sanctions on Russia.

Figures on Friday showed Euro zone inflation hit yet another record high in June, firming the case for rapid European Central Bank rate hikes starting this month.

"The risk is tilted to the downside as traders are concerned about slowing oil demand due to a strong possibility of an economic recession taking place in the U.S. and in other parts of the world," said Naeem Aslam of Avatrade.

29/07/2022

U.S. Stocks Sink as Recession Fears Return After Holiday Break...

U.S. stocks are sinking on Tuesday after the long holiday weekend as investors renewed their fears about a looming recession.

At 10:29 AM ET the Dow Jones Industrial Average was down 631 points, or 2%, while the S&P 500 was down 1.8% and the NASDAQ Composite was down 1%.

This is a big week for economic data, including the monthly nonfarm employment report from the government on Friday. Before that comes out, investors will get to assess the minutes of the Federal Reserve’s most recent policy meeting and parse any hints of what actions are to come as the central bank tries to tame inflation.

Analysts have been sending mixed signals about the outlook. On Tuesday, Credit Suisse cut its S&P 500 forecast for the year to 4,300 from 4,900 though said a recession will likely be avoided. The S&P is trading around 3,756 currently.

Shares of department store Kohl's Corp (NYSE:KSS) lost another 3.7% on Tuesday after falling 20% on Friday, when it said it ended deal talks.

Tesla Inc (NASDAQ:TSLA) shares lost 3.7% after reporting it delivered more than 254,000 vehicles in the second quarter, a decline of more than 17% from the first quarter.

Oil sold off sharply. Crude Oil WTI Futures was down 5%, to around $103 a barrel and Brent Oil Futures was down 5.6% to $107 a barrel. Gold Futures fell 0.6%, to $1,791.

29/07/2022

Dow Rides Strong Economic Data, Surge in Citi Higher...

The Dow racked up gains Friday, after stronger economic data cooled fears of a significant economic slowdown, while Citigroup's blowout quarterly results put bank stocks back in high demand.
The Dow Jones Industrial Average rose 2.2%, or 658 points, the Nasdaq was up 1.8%, and the S&P 500 rose 1.9%.

Financials led the broader market higher, boosted by rallying bank stocks after Citigroup (NYSE:C) reported better-than-expected quarterly results, sending its shares more than 13% higher.

The Wall Street bank was helped by blowout performance in its trading business that offset weakness in investment banking revenue and an announcement that stock buybacks would be suspended.
Banks stocks were also helped by steepening in yield curves as data showing the consumer remains in good shape eased some concerns the economy was headed for a significant slowdown.

Retail sales rose 1.0% in June, the strongest pace in three months, and above expectations for a 0.8%.

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