Chinese electric car start-up Xpeng’s newest model will likely sell better than its most popular car to date, according to Brian Gu, the company’s president.
Archiv für den Monat: September 2022
Stocks making the biggest moves premarket: General Mills, Stitch Fix, Beyond Meat and others
These are the stocks posting the largest moves before the bell.
European businesses are rethinking their plans for a ‚closed‘ China
European businesses are revaluating their China plans after Covid controls have isolated the country, said the EU Chamber of Commerce in China’s Joerg Wuttke.
‚Rip off the Band-Aid‘: Wells Fargo makes case for 150 basis point hike at Fed meeting
Wells Fargo Securities‘ Michael Schumacher suggests the Federal Reserve should raise interest rates faster, despite risking panic on Wall Street.
Equities shrug off early concerns on Putin’s partial mobilisation announcement
<p style=““ class=“text-align-justify“>European leaders are playing down Putin’s announcement, calling it „desperation“ or a signal that Russia’s plans against Ukraine have been „unsuccessful“. I wouldn’t point that as being a key reason for market sentiment turning around but some words of comfort and reassurance can never hurt. In any case, equities are seeing a decent turnaround now with European indices pulling higher alongside US futures on the day.</p><ul><li>Eurostoxx +0.3%</li><li>DAX flat</li><li>CAC 40 +0.2%</li><li>UK FTSE +0.6%</li><li>S&P 500 futures +0.3%</li><li>Nasdaq futures +0.2%</li><li>Dow futures +0.3%</li></ul>
This article was written by Justin Low at forexlive.com.
FX option expiries for 21 September 10am New York cut
<p style=““ class=“text-align-justify“>There is just one significant one to take note, as highlighted in bold.</p><p style=““ class=“text-align-justify“>That said, with the euro coming under pressure after Putin’s announcement on partial mobilisation earlier, the parity level isn’t so much at play. But even if it was, it’ll likely act as a cap on price action ahead of the Fed later in the day.</p><p style=““ class=“text-align-justify“>However, just take note that there will be a significantly large chunk rolling off tomorrow and on Friday as well at parity for EUR/USD – particularly the former. That might be a factor depending on the post-market reaction to the Fed.</p><p style=““ class=“text-align-justify“>For more information on how to use this data, you may refer to this post <a target=“_blank“ href=“https://www.forexlive.com/education/!/forexlive-education-option-contracts-their-impact-and-how-to-trade-off-them-20161116″ target=“_blank“>here</a>.</p>
This article was written by Justin Low at forexlive.com.