Excited to see what opportunities this acquisition will bring.
Ex Trader, Investor, Principal of a Palm Beaches-based Family Office. Cybersecurity | Market Trading | Startups #HUMINT #OSINT Proficient Operator in Business, Competitive and Private Intelligence.
7,683 wordsanthonykennedy.co @akperspectives Guestbook
Excited to see what opportunities this acquisition will bring.
The FTSE 100 closed up 64 points or 0.9% at 7,674 on Friday, a level not seen since the end of July, supported by a weaker pound. December's retail trade data showed British consumers failed to increase their spending for a fifth month in a row, adding to concerns about the economy and raising expectations that an interest rate cut by the Bank of England would be delivered later this month. In addition, hopes that China’s economic recovery is picking up pace lifted sentiment globally. Other major European stock indexes finished higher: the DAX 30 rose 97 points or 0.7%; the CAC 40 climbed 62 points or 1%; the IBEX 35 jumped 109 points or 1.1%; and the FTSE MIB advanced 201 points or 0.8%.
United States Stock Market is gaining 222 points. Leading the gains are Cisco Systems (1.85%), Home Depot (1.65%) and Goldman Sachs (1.45%). Top losers are Pfizer (-0.64%), Merck & Co (-0.48%) and Exxon Mobil (-0.26%).
Most stock indexes in Europe traded in the red on Tuesday morning, ahead of the planned signing of the phase one trade deal between the US and China. The interim agreement, due to be signed at the White House on Wednesday, marks the first step towards ending a damaging 18-month trade dispute between the world's two largest economies. Also, the US Treasury Department on Monday dropped its designation of China as a currency manipulator. The DAX 30 fell 0.4%; the IBEX 35 went down 0.5%; CAC 40 dropped 0.5%; The FTSE 100 decreased 0.1%; while the FTSE MIB dipped 0.4% around 08:40 AM London Time.
The DAX 30 jumped 175 points or 1.3% to 13,495 on Thursday, its highest closing level in two years, after data showed Germany's industrial output grew by the most in a year and a half in November, while concerns about a potential armed conflict between the US and Iran eased. Investors focus meanwhile turned to US-China trade negotiations as Beijing confirmed it was sending a delegation led by Vice Premier Liu He to Washington next week for the signing of the Phase One deal. Other major stock indexes across Europe closed in the green: the FTSE 100 rose 23 points or 0.3% to 7,598; the CAC 40 added 12 points or 0.2% to 6,043; and the FTSE MIB gained 185 points or 0.8% to 24,017. Meanwhile, the IBEX 35 lost 10 points or 0.1% to 9,582.
WTI crude dipped as much as 1.2% to $58.82 a barrel around 10:00 AM NY time on Thursday, the lowest since December 5th, amid signs of no further escalation between Tehran and Washington and a surprise rise US inventories. Early this session, the market found support after China announced that Vice Premier Liu Le will travel to Washington to sign the first phase of the trade deal between the world’s two biggest economies. Brent crude fell nearly 0.6% to $65.06 a barrel.
Stock markets in Europe closed in the red on Monday as concerns about a Middle East conflict prompted investors to dump riskier assets, after US President Donald Trump threatened to attack more than 50 Iranian sites if Tehran retaliates against the killing of general Qassem Soleimani. Meanwhile, Iran already announced it would withdraw from the 2015 nuclear deal, while the Trump administration warned it would impose sanctions on Iraq if it forces US troops to leave the country. The DAX 30 lost 92 points or 0.7%; the FTSE 100 fell 47 points or 0.6%; the CAC 40 slid 31 points or 0.5%; the IBEX 35 retreated 46 points or 0.5%; and the FTSE MIB dropped 121 points or 0.5%.
Oil prices rose in Monday morning after US President Donald Trump issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East. Brent crude oil jumped over 6 percent to $70.30 a barrel. Also, US West Texas Intermediate (WTI) crude futures increased by 5.3 percent to $64.39 a barrel. The gains extended Friday's more-than-3 percent surge after a US air strike in Iraq killed top Iranian commander Qassem Soleimani.
Oil prices soared more than 4% and hit the highest since May 2019 on Friday, right after the Pentagon confirmed an Iranian Commander was killed during an air strike at the Baghdad International Airport on Trump's orders, raising concerns of an oil supply disruption in the Middle East. The strikes come after the US embassy in Iraq was attacked on Tuesday amid protests against airstrikes conducted by the US in Iraq and Syria. At 12:40 PM NY time, the US crude oil was up 2.6% to $62.69 a barrel, after hitting its highest since May 1st at $63.84 earlier in the session while the Brent crude gained 3.2% to $68.24 a barrel, after hitting its highest since May 29th at $69.16.
The DAX 30 jumped 25.5% in 2019, after an 18.3% fall in 2018 on the back of moderated economic growth uncertainty, the achievement of a US-China phase one trade deal and clarity on the departure of the UK from the EU. On Friday only, the index declined 88 points, or 0.7% to 13,249. Other stock markets across Europe also closed lower: the FTSE 100 retreated 58 points, or 0.8% to 7,587, after 11th straight sessions of gains; the CAC 40 lost 55 points, or 0.9% to 5,982; the FTSE MIB slumped 251 points, or 1.1% to 23,506; and the IBEX 35 fell 88 points, or 0.9% to 9,613.
Oil prices edged higher on Monday, on optimism that a preliminary US-China trade deal would be signed soon. Capping gains, Russian Energy Minister Alexander Novak said on Monday that OPEC should consider easing the production restrictions after March 2020. US crude oil rose as much as 0.3% to $60.28 a barrel while Bren crude added nearly 0.6% to $65.30 a barrel around 01:00 PM NY time.
Wall Street extended gains and hit fresh highs, as trade policy optimism continued. On Tuesday, a House committee approved the USMCA trade deal, setting up approval in the full chamber on Thursday. On the corporate side, Netflix shares rallied nearly 4% after the company offered on late Monday regional disclosure for four major areas: the U.S. and Canada Latin America; Asia-Pacific; and Europe, the Middle East and Africa. The Dow Jones climbed 31 points or 0.2% to 28267. The S&P 500 inched up 1 point or less than 0.1% to 3193. The Nasdaq added 9 points or 0.1% to 8823.
Wall Street closed mixed on Friday, as investors digested the development of a phase-one trade deal between the US and China and remain expectant of further detail. On Friday, China confirmed they had struck an agreement with the US that includes a phased rollback of tariffs, but offered few specifics. The Dow Jones gained 3 points or closed flattish at 28135. The S&P 500 closed unchanged at 3169. The Nasdaq climbed 18 points or 0.2% to 8735.