Markets Update Tuesday 16/02/2021 – 50k Bitcoin and other highs

Frankfurt – 16/02/2021 50k Bitcoin and other highs Even if Wall Street could not maintain the new records today, the mood on the stock markets remains very good. Investors’ optimism can also be recognized in the substantial price gains of cyclical stocks and gold’s falling price.  Trade with the Best Brokers for Cryptocurrencies Overarchingly, US investors are hoping, as in …

Markets Update Monday 15/02/2021 – Happy. Holiday.

Frankfurt – 15/02/2021 Happy. Holiday. While the USA and China were in holiday mode and had their markets closed, Europe and the rest of Asia-Pacific were happy and pushed the markets further up. Above all, vaccination progress is currently fuelling investors’ hopes for a better time after the pandemic. Investors continue their love affair with shares, but prices are also …

Markets Update Friday 12/02/2021 – Official Approval

Frankfurt – 12/02/2021 Official Approval The positive mood on the international stock markets remains intact. According to equity strategists, the record run is likely to continue next week. This week, not all markets ended on a positive note, but many already did.  The US equity markets and the new asset class of cryptocurrencies posted one new record high after another. …

Markets Update Thursday 11/02/2021 – Smoked out

Frankfurt – 11/02/2021 Smoked out After yesterday’s course rally in cannabis stocks, today’s sobering comedown occurred. Cannabis industry giants Tilray, Aurora Cannabis, Canopy Growth, Aphria and Cronos all dropped in multiple double-digits, Tilray even by almost 50 per cent on the day. Of course, the selling spree was mainly triggered by profit-taking after the strong rally on Wednesday, but it …

Markets Update Wednesday 10/02/2021 – More lockdown, less recovery?

Frankfurt – 10/02/2021 More lockdown, less recovery? As expected, the lockdown is going into the next round here in Germany. Chancellor Angela Merkel and the 16 state premiers decided to extend the currently tightened lockdown beyond 14 February until 7 March.  Beyond that, only selective relief was agreed. However, Merkel stressed the special importance of the measures to avoid a …

Markets Update Tuesday 09/02/2021 – Respire

Frankfurt – 09/02/2021 Respire After a record-hunt Monday with new all-time highs almost everywhere we looked, today’s trading sentiment was rather calm, and most markets went into consolidation. Still, nothing has changed, and investors and traders alike focus their attention on further aid packages, combined with vaccine hopes to combat the lockdown situations in many countries.  The digital asset space …

Markets Update Monday 08/02/2021 – More risk, more fun

Frankfurt – 08/02/2021 More risk, more fun In Frankfurt as well as in New York and many other stock exchanges around the world, investors are not waiting long. The prospect of new liquidity and a rebound of the economy after the crisis is driving the markets. On the world’s leading stock exchange in New York, but also here in Germany, …

Markets Update Friday 05/02/2021 – Happy weekend!

Frankfurt – 05/02/2021 Happy weekend! February has started more than just promisingly. Since the beginning of the month, the global stock markets have been moving steadily upwards, as did the cryptocurrency market. Wall Street experienced its fifth consecutive day of gains this Friday. The S&P 500 and the tech exchange Nasdaq climbed to new all-time highs on Friday, and the …

Markets Update Thursday 04/02/2021 – Take me, Higher!

Frankfurt – 04/02/2021 Take me, Higher! US President Joe Biden is pushing for his planned big Corona aid package to pass through Congress soon. This continues to please not only Wall Street.  A year ago, February saw new highs on the stock markets before the Corona pandemic caused a sharp drop in prices. This year, too, February has started splendidly. …

Markets Update Wednesday 03/02/2021 – Where to from here?

Where to from here? Although worries about the GameStop stock market turbulence are slowly subsiding, US Treasury Secretary Janet Yellen is taking action and calling Wall Street’s top supervisors together. This week, there will be a meeting of the Securities and Exchange Commission (SEC) heads, the Commodity Futures Trading Commission and the Federal Reserve (Fed) and its New York branch, …