Tesla: Rally, split, rally…. Is it time for a correction?
On Monday, Tesla shares started to trade after a five for one stock split. The price rose 10%, hitting a new all-time high. From a technical and fundamental perspective, the…
EUR/USD: What’s next after ending an eighth-week positive streak
The euro snapped an eight-week winning streak versus the dollar, as the greenback staged a decent comeback during the second half of the week. The dollar’s recovery was ignited by…
Wall Street and Apple: The rally has not been equal for everybody
Would you buy a share of a company that has doubled its value in six months and is now worth the entire annual GDP of Italy? Or would you buy…
Bitcoin: Is the rally getting exhausted or preparing the next leg higher?
Bitcoin is holding firm above $10,000, and it even reached levels over $12,000; that is quite a comeback after having fallen to as low as $3890 back in March, at…
Forex: three questions about EUR, GBP and JPY
The correction of the US dollar did not last long as it resumed the decline against majors. The US Dollar Index (DXY) dropped to the lowest in over two years.…
Emerging markets currencies: Why aren’t they benefiting from the USD slide?
The US dollar resumed the decline on Tuesday, but as it has been the case during 2020, it dropped sharply against its G10 rivals – hitting multi-year lows versus the…
Three things to watch in markets this week
Last week, equity prices in the US finished mostly higher following a rally staged last Monday and the subsequent consolidation. Markets ended quietly, mainly moving sideways. Several events over the…
March 2009 and March 2020: The same type of bottom?
The recent crash in equity markets bottomed out in March. It was also in another March, back in 2009, that stocks hit their lowest levels on the back of the…
US budget deficit: The size doesn’t matter
The US federal budget deficit for the first ten months of the fiscal year 2020 reached $2.8 trillion, $1.9 trillion more than the shortfall recorded during the same period last…
Gold and Bitcoin: Will the yellow metal drive down the cryptocurrency?
Both gold (XAU/USD) and Bitcoin (BTC/USD) have posted stellar gains over the last months. The yellow metal reached fresh record highs above $2,000 the troy ounce last week, while the…
