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HomeThe Daily Financial Trends

The Daily Financial Trends

The Daily Financial Trends
Trends Make the Portfolio – David Greenberg
Finance

China Protests US Trade Restrictions The Daily Financial Trends

November 1, 2022 Mariel Alumit

China’s Foreign Minister Wang Yi said in a phone call with his US counterpart Antony Blinken that the US is infringing on free trade rules by imposing export curbs on China, In a read-out of […]

Eurozone
Finance

Eurozone Inflation Hits Highest Since Eurozone Formation The Daily Financial Trends

November 1, 2022 Mariel Alumit

Eurozone inflation reached 10.7% in October, in the 19 countries which make up the bloc, according to new preliminary data released Monday. Final figures will be released in November by Eurostat. If they confirm the […]

Elon Musk
Finance

Elon Musk Dismisses Twitter Board, Buys Back Bonds The Daily Financial Trends

November 1, 2022 Mariel Alumit

Elon Musk continued to solidify his control over Twitter on Monday, as he dismissed the entire board of directors, and the company launched an offer to buy back all outstanding bonds, Last week Musk finalized […]

Morgan Stanley
Finance

Morgan Stanley Sees Fed Pivoting Soon The Daily Financial Trends

November 1, 2022 Mariel Alumit

Morgan Stanley strategist Michael Wilson says the Federal Reserves run of interest rate hikes is likely approaching its end. His prediction is notable in that he is a well-known bear who also predicted this year’s […]

Blackrock
Finance

Blackrock Says October Stock Rally Is Precarious The Daily Financial Trends

November 1, 2022 Mariel Alumit

Blackrock says October’s rally may have been premature, and that any gains may give way as negative news awaiting investors at the end of the year comes to the fore. BlackRock Chief Investment Strategist Wei […]

Goldman
Finance

Goldman Predicts The Fed May Raise Rates To 5% The Daily Financial Trends

October 31, 2022 Mariel Alumit

Goldman Sachs Group Inc, has issued a new report predicting the US Federal Reserve may hike interest rates up to as high as 5% by March of 2023, raising its earlier predictions by 25 basis […]

Musk
Finance

Musk To Charge For Twitter Verification The Daily Financial Trends

October 31, 2022 Mariel Alumit

Twitter is going to revamp how it verifies users, according to a new tweet by Elon Musk. In the tweet, Musk said, “Whole verification process is being revamped right now.” Technology newsletter Platformer was reporting […]

South Korean
Finance

South Korean Derivatives Wiped By Hang Seng Fall The Daily Financial Trends

October 31, 2022 Mariel Alumit

Samsung Securities Co. analyst Jun Gyun is reporting that 2.7 trillion won, or $1.9 billion worth of equity-tied securities that were bought mostly by South Korean retail investors are now at risk of capital losses, […]

Finance

German Chemical Giant Hammered By High Gas Prices The Daily Financial Trends

October 31, 2022 Mariel Alumit

BASF, the world’s largest chemical producer, is blaming sky-high natural gas prices for a weak third quarter earnings report. The company noted it was looking at longer-term cost cutting across its European locations. The chemical […]

German
Finance

German Official Proposes Using Fracking To Draw Shale Gas The Daily Financial Trends

October 31, 2022 Mariel Alumit

German Finance Minister Christian Lindner has said in an interview the state should examine the feasibility of producing domestic shale gas using fracking, which is presently prohibited in Germany. Fracking is a technology which shatters […]

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