Review of the largest transactions and the most important events in the global financial markets. Detailed analytics of the trading sessions of the American stock exchange NYSE and NASDAQ
● Processor and component manufacturer Qualcomm will have to return to Blackberry $814,9 million for overpaid royalties by a Canadian company based on product sales. This news provoked a rapid rise in BlackBerry quotes.. ● Dollar and US Treasury yields fell on Thursday, after President Donald Trump stated, what would you like, to keep interest rates low, and that the dollar got too strong, reports Reuters.
● For stable supply of OLED screens, Google plans to invest $880 million in LG Display ● AMD bought the rights to develop AR and VR technologies from startup Nitero ● Facebook announced the launch of group payments in Messenger ● Bitcoin has risen in price by 1,3% to $ 1,227 for a coin, as traders buy cryptocurrency amid the struggle for security. This state of affairs on Tuesday is caused by the growth of political tensions in the Middle East and the Korean Peninsula., what caused a sharp sell-off of risky assets.
● China's foreign exchange reserves rose in February despite analysts' forecasts. In the previous eight months, they have been declining amid capital outflows ● Trumpchi, a popular car brand in China, intends to enter the US market in the coming years. But the company needs to decide, whether to use this name in the USA, although not affiliated with Trump ● Several former Tesla managers plan to build Europe's first major battery plant for electric vehicles in Scandinavia. Its cost will be $4 billion
● The current rise in stock markets and the decline in prices for government bonds are caused by investor confidence that, that the rate of inflation will continue to rise. But the problem is, what theories, used by investors to forecast inflation, seemingly, not working ● Chinese companies invest billions in electric car batteries, trying to dislodge competitors from Japan and South Korea ● Analysts predict, that oil prices will continue to fluctuate around $55 per barrel at least until the end of spring. On the one hand, the OPEC cut oil production affects the market, and on the other - the growth of shale oil production in the USA
● Traders are buying Treasuries: almost a record for 24 According to the Commodity Futures Trading Commission, commercial traders have boosted net long bond contract volume to an all-time high since 1992 G., except for the spring-summer period 2005 G. ● Donald Trump's election victory caused a significant shift in bond market expectations regarding US economic growth and inflation. Nevertheless, economists still expect, that the Fed will raise interest rates twice next year.
● November US labor market report to be released on Friday. Economists expect, what will it say about the creation 180 000 new jobs and maintaining unemployment at the level 4,9%. This is the last such report before the US Federal Reserve meeting in December., where interest rates may be raised ● The growth of yields on 10-year US government bonds continues. Since July, they have grown by more than 1 percentage point up to 2,444%. Corporate bond yields did not rise as much, and after the US elections, companies continued to issue bonds
● Record harvest and rising U.S. crop exports play into the hands of rail operators , until now : suffering from cuts in coal and oil supplies ● Donald Trump vowed to end energy cuts, to stimulate the growth of coal and oil production. But oil production is unlikely to grow from the implementation of his proposed measures , because it is influenced by completely different factors ● Sunoco Logistics will acquire for $ 21 bln Energy Transmission Partners. It will simplify the network of pipeline operators, billionaire American-controlled Kelsey Warren ● Michael Sherwood, one of the leaders of the European business of Goldman Sachs, on Monday unexpectedly announced his resignation after 30 years of work in the investment bank. He played a key role in developing the Goldman Sachs business in Europe
● Former New York Mayor Rudy Giuliani is Trump's top contender for US Secretary of State, people familiar with the situation say ● Warren Buffett's Berkshire Hathaway has invested more than $1,2 billion in shares of four American airlines, became known on Monday. This was unexpected, as Buffett previously called the industry a "death trap for investors" ● SEC Chairman (US Securities and Exchange Commission) Mary Jo White plans to retire in January. This will allow Republicans to appoint a person, which will soften the policy of the regulator. During the time White headed the SEC, the commission imposed fines for a total amount exceeding $13,4 billion, were subject to various sanctions 3,3 thousand. companies and 2,7 thousand. individuals.
● Donald Trump's team, winner of the US presidential election, is working to form a new government ● Trump vowed to cancel Iran's nuclear deal, imprisoned under Obama. But it will be difficult for him to convince other world powers to do this., including Russia ● Venezuela is currently in a political and economic crisis, and the debt of this oil-rich country is estimated at $125 billion. But her government bonds, highly profitable, attract investors ● Asian stock markets are down sharply. Investors switched to US Treasury bonds in connection with the increased yield of these securities, reported by MarketWatch. ● Trump will cut investments in renewable energy
● Republican Donald Trump won the presidential election in the United States. He typed 276 electoral votes from 270 necessary ● Stock markets fell immediately after the election victories of Franklin Roosevelt and Barack Obama, but then there was a bull market under these presidents. Therefore, President Trump, maybe, will not scare investors ● The rally began on the US Treasury bond market on Tuesday evening. The yield on bonds fell to a minimum in a month, US stock index futures ● Analysts: VR device shipments will grow by 240%. 2021 year users around the world will purchase about 60 million virtual reality devices, working in tandem with smartphones, predict in the analytical company Juniper Research. ● The US dollar fell by more than 1%, falling sharply on reports of Donald Trump's unexpected victory in the presidential race. Mexican peso falls to record lows.