?Paris overtook London to become Europe's largest stock market
?Today in China will be published data for October on industrial production, retail sales, unemployment and investment in fixed assets.
? There will also be data on producer prices for October. And in Europe, preliminary data on GDP for the third quarter will be published
?Chinese stocks in the US rise again on positive news after the meeting of Xi and Biden
?Xi Jinping and Macron at the G20 called for the resumption of negotiations on Ukraine
?Germany is the first among the EU states to nationalize assets related to Russia*.* the former gazprom subsidiary Gazprom Germania
?The EU is not yet ready to discuss new sanctions against Russia.
️US stock indices fell on Monday
S&P 500 Lost 0,9%, Dow Jones — 0,6%, a high-tech Nasdaq dropped by 1,1%. Experts associated the deterioration of sentiment in the markets with statements FED: the regulator would like to see more data (in addition to slowing inflation), before proceeding to reduce the pace of rate hikes.
️ Shares of the Asia-Pacific region are growing after the meeting of the heads of the United States and China
Asia's Broad Equity Index (excluding Japan) MSCI AC Asia ex Japan Index added today 1,7%, Japan's Nikkei has grown on 0,2%, Hong Kong's Hang Seng climbed 3,6%, and China's Shanghai Composite and Shenzhen Component increased by 1,3% And 1,6% respectively. Markets are optimistic about the meeting between Xi Jinping and Joe Biden. The American president on its results said, that "there should be no new Cold War between the two countries".
️ Japan's economic recovery has slowed sharply
The country's GDP contracted year-on-year in the third quarter by 1,2% at the time, as economists, surveyed by Bloomberg, expected Japan's GDP to grow 1,2%. According to representatives of the Cabinet of Ministers of the country, the fall in GDP was affected by the weakness of the Japanese yen, which in turn led to an increase in the cost of the country's imports.
- USA can avoid Recession in 2023 year, however, y ES And Uk this, probably, won't work.
- Biden and Xi signal a desire to improve relations, despite tensions around Taiwan. Biden sees no need for a new Cold War with China after meeting with Xi.
- Head of the CIA warns Russia against the use of nuclear weapons
- U.S. Economy, probably, plunge into a painful recession. Consumers and businesses should postpone purchases and accumulate cash.
- The American general said, that window for Peace negotiations between Kiev and Moscow may open this winter, in Kiev, his proposal was perceived negatively
- Zelensky in a video message to the G20 summit, he proposed to exchange prisoners with Russia according to the "all for all" formula
- Exchange prices for gas in Europe ended trading with growth on 20%
- The government will expand the production of aircraft engines for Russian aircraft, for this is allocated from above 44 RUB billion.
- S&P 500* by the end of next year it will reach 3900 points, What's on 2.3% below current levels.* S&P 500 = 3993 Right away
- Possible Republican control of the House of Representatives USA will provide support ruble exchange rate, because. Hold high oil quotes, and at the same time give hope for the easing of anti-Russian sanctions.
Promotions:
- Disney plans to cut jobs amid economic crisis.
- Coming soon Twitter allow organizations to define, what accounts are actually associated with them
- SpaceX Elon Musk bought Advertising in Twitter for Starlink
- ️ Buffett buys shares of Taiwan Semiconductor Manufacturing on $4,1 billion
This news led to the growth of TSMC shares by more than 6%. In total, at the end of the last quarter, Warren Buffett's Berkshire Hathaway spent about the acquisition of shares around $9 billion. About a third of this money fell on the securities of energy companies Occidental Petroleum and Chevron . However, the largest share in berkshire's portfolio is still occupied by Apple shares.
- Berkshire Hathaway disclosed its stake in Taiwan Semiconductor in the amount of $4 billion
- Amazon Fire 10 000 employees
It's an order of magnitude. 3% of the total number of people, who work at Amazon . On such a step, the e-commerce giant decided, striving to reduce costs, writes The New York Times. The planned reduction will be the largest in the history of the company. On this news, Amazon shares fell yesterday by about 2%. Over the course of the year, they lost order. 41%, what's more of a drop in S&P 500 for the same period on 14%.
- Baidu (START): rating “buy” by Mizuho:
goal: $200.00
pre-target: $275.00
the change: -27.3%
potential: +123.5%
date: 14.11.2022
date price: $89.47
justification: we expect a slowdown in the recovery of Chinese Internet companies in the second half 2022 of the year, given the continued rise in COVID cases and restrictions, which affected consumer sentiment and business activity. Headwinds will affect all segments, including e-commerce, advertising and cloud computing.
- Amazon will fire 10 000 employees
- Visa refused to issue a crypto card in partnership with FTX.
- The Central Bank of the Russian Federation reported on 15 issuance of digital financial assets (DFA) on 170 mln rub. Recall, CFAs are not cryptocurrencies
- IN 2023 Bitcoin Cash may become a means of payment for the small island nation of Saint Kitts and Nevis
- Bitcoin will do it, but first the long crypto winter ❄️
- Crypto giant FTX has been rated in $32 billion, before he went bankrupt
- Binance CEO creates a recovery fund for crypto projects, to mitigate the "cascading negative consequences" of the FTX crash
- BUSD reached highs in terms of trading volume and market capitalization.
