August 18 2022 🕓 2 min
Norway’s state fund reports a loss of $173,1 billion
The Government Pension Fund of Norway has the largest half-year loss in its 26-year history, losing $173,1 billion from January to June.
Market Movers
August 17 2022
UK inflation hit a new 40-year high
In July 2022, the annual inflation rate in the UK reached 10.1 percent, a new 40-year high that was far higher than analysts had predicted. Additionally, there is growing evidence that the Bank of England will continue its aggressive tightening policy to limit rising prices.
August 17 2022
BTC mining companies lost over $1 billion
In the second quarter, the three biggest US publicly traded Bitcoin mining companies (Core Scientific, Marathon Digital Holdings, and Riot Blockchain) suffered losses of more than $1 billion. This comes as a result of the massive decline in crypto prices.
August 17 2022
Michael Burry sold his entire portfolio
Michael Burry, a well-known hedge fund manager who predicted the 2008 crash, sold most of his stocks beside one. He invested in the private prison operator GEO Group, buying over 500,000 shares of the company.
August 16 2022 🕓 2 min
BHP achieved record free cash flow of $24.3 billion
Australian mining company BHP Group experienced strong profit growth at almost all levels in the past financial year.
August 16 2022 🕓 5 min
Weekly macro report – the battle is not over
In our macro report, we analyze current inflation expectations and their implications. We also analyzed the previous rally and found the key driver.
August 16 2022 🕓 3 min
Bitcoin at crossroads: Where does it go from here?
The bear market stopped for a while, and BTC was able to jump from $17.5k to $25k. Now BTC is at crossroads, and the next move is questionable.
August 16 2022 🕓 3 min
Forex outlook: EUR/USD, GBP/AUD, and CHF/JPY
Several currency pairs are forming interesting trading signals, with traders now eyeing EUR/USD, GBP/AUD, and CHF/JPY.
August 16 2022 🕓 2 min
Oil down by 5% due to China and Iran
Demand for oil in China is lower in a year-to-year comparison. Iran's nuclear deal could be reality in the near time.
August 15 2022 🕓 2 min
Saudi Aramco increased year-on-year profit by 90%
Like other oil companies, Aramco benefits from higher oil prices and refinery margins. Demand for oil is expected to continue to grow.
August 15 2022 🕓 9 min
The cost of living in a current crisis is out of control
The cost of living in a current crisis is spiraling out of control as inflation attacks 40 years not seen levels, and central banks act upon it.
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Top posts
![World food prices gradually falling]()
August 5 2022 🕓 3 minWorld food prices gradually falling
World food prices fell by almost 9% in July. They showed the sharpest month-on-month decline in almost 14 years.![Big investments in China’s energy infrastructure]()
August 5 2022 🕓 2 minBig investments in China’s energy infrastructure
China's largest power company will soon begin construction of new long-distance transmission lines worth $22 billion.![Gold’s volatility rises with tensions in Taiwan]()
August 5 2022 🕓 2 minGold’s volatility rises with tensions in Taiwan
The price of gold is volatile thanks to the geopolitical tensions in Taiwan, the global economic slowdown, and the Fed's monetary policy.![From $7.8 to $2 555 in 17 days – the story of AMTD]()
August 5 2022 🕓 3 minFrom $7.8 to $2 555 in 17 days – the story of AMTD
AMTD Digital is a Hong Kong-based company that came out of nowhere and took over the American stock exchange with massive gains.![USD/CAD eyes 1.29 ahead of labor market combo]()
August 5 2022 🕓 3 minUSD/CAD eyes 1.29 ahead of labor market combo
Volatility will certainly be elevated today as both the US and Canada will publish their jobs market numbers.![GBP/USD drops after dovish BoE decision]()
August 4 2022 🕓 3 minGBP/USD drops after dovish BoE decision
The Bank of England hiked rates to 1.75%, but the Pound declined anyways as the central bank indicated an incoming recession.![Crypto outlook: Ethereum, Litecoin, and Algorand]()
August 9 2022 🕓 3 minCrypto outlook: Ethereum, Litecoin, and Algorand
The crypto markets have been through a rough patch, but there has been a pullback. So are Ethereum, Litecoin, and Algorand ready to rise?![Crypto news summary: Meta, Coinbase, and Solana hack]()
August 6 2022 🕓 4 minCrypto news summary: Meta, Coinbase, and Solana hack
Meta continues to integrate NFTs worldwide, Coinbase partnered with BlackRock, Solana hot wallets hacked and much more in crypto news summary.![Weekly macro report – the battle is not over]()
August 16 2022 🕓 5 minWeekly macro report – the battle is not over
In our macro report, we analyze current inflation expectations and their implications. We also analyzed the previous rally and found the key driver.![Hodlnaut as another crypto lender flopped]()
August 8 2022 🕓 3 minHodlnaut as another crypto lender flopped
Hodlnaut is another crypto lender that flopped among Terra, Celsius, and 3AC collapse. Withdrawals have been temporarily suspended.![Weekly macro report – Job report makes the Fed confident]()
August 8 2022 🕓 10 minWeekly macro report – Job report makes the Fed confident
In our macro report we analyse the impact of labour market to additional probability of Fed´s tightening process and trade ideas.![Bitcoin at crossroads: Where does it go from here?]()
August 16 2022 🕓 3 minBitcoin at crossroads: Where does it go from here?
The bear market stopped for a while, and BTC was able to jump from $17.5k to $25k. Now BTC is at crossroads, and the next move is questionable.![Berkshire Hathaway reported a loss of $43.8 billion]()
August 7 2022 🕓 2 minBerkshire Hathaway reported a loss of $43.8 billion
The company was mainly affected by the situation on the stock markets. However, despite this, the company posted a positive operating profit.![Micron announces big investment of $40 billion]()
August 9 2022 🕓 2 minMicron announces big investment of $40 billion
Micron Technology is set to expand its semiconductor production in a major way and create up to 40,000 new jobs.![The cost of living in a current crisis is out of control]()
August 15 2022 🕓 9 minThe cost of living in a current crisis is out of control
The cost of living in a current crisis is spiraling out of control as inflation attacks 40 years not seen levels, and central banks act upon it.
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Forex
August 16 2022 🕓 3 min
Forex outlook: EUR/USD, GBP/AUD, and CHF/JPY
Several currency pairs are forming interesting trading signals, with traders now eyeing EUR/USD, GBP/AUD, and CHF/JPY.
August 11 2022 🕓 3 min
Forex outlook: GBP/USD, USD/CHF, and GBP/JPY
High market volatility created solid trading signals on the following currency pairs: GBP/USD, USD/CHF, and GBP/JPY.
August 9 2022 🕓 3 min
Dollar index consolidates ahead of inflation data
This week will be dominated by inflation data from the US, with the CPI expected to decline from 9.1% in July to 8.7%.
August 8 2022 🕓 3 min
AUD/USD erases Friday’s losses
The USD has lost ground on Monday, losing all the gains scored on Friday as investors don't expect the Fed to remain ultra-hawkish.
Stocks
August 16 2022 🕓 2 min
BHP achieved record free cash flow of $24.3 billion
Australian mining company BHP Group experienced strong profit growth at almost all levels in the past financial year.
August 15 2022 🕓 2 min
Saudi Aramco increased year-on-year profit by 90%
Like other oil companies, Aramco benefits from higher oil prices and refinery margins. Demand for oil is expected to continue to grow.
August 13 2022 🕓 2 min
Google must pay a fine of 60 million AUD
The Federal Court in Australia has ordered Google to pay 60 million Australian dollars in fines for misleading users.
August 12 2022 🕓 8 min
SPX bearish thesis – Do not be fooled by inflation report
In this analysis we will release our base case for S&500, which is in our view, undoubtedly high. Market believes there will be a soft landing. We disagree.
Commodities
August 16 2022 🕓 2 min
Oil down by 5% due to China and Iran
Demand for oil in China is lower in a year-to-year comparison. Iran's nuclear deal could be reality in the near time.
August 14 2022 🕓 2 min
Spain plans new gas pipeline link with France
This new link could be operational as early as next spring. It depends on how they reach an agreement with France and other countries.
August 12 2022 🕓 3 min
Is U.S. inflation going to change the trend of Gold?
The U.S. inflation data surprised markets with lower numbers. With this optimism, gold tries to break above resistance.
August 11 2022 🕓 2 min
EU is officially without Russian coal
The ban on imports of Russian coal, agreed in April as part of the fifth package of anti-Russian sanctions, came into full force in the EU.
Crypto
August 16 2022 🕓 3 min
Bitcoin at crossroads: Where does it go from here?
The bear market stopped for a while, and BTC was able to jump from $17.5k to $25k. Now BTC is at crossroads, and the next move is questionable.
August 12 2022 🕓 5 min
Cryptocurrency exchanges are fighting a crucial legal battle
The cryptocurrency sector representatives and exchanges ask for a clearly defined legal framework to follow.
August 9 2022 🕓 3 min
Crypto outlook: Ethereum, Litecoin, and Algorand
The crypto markets have been through a rough patch, but there has been a pullback. So are Ethereum, Litecoin, and Algorand ready to rise?
August 8 2022 🕓 3 min
Hodlnaut as another crypto lender flopped
Hodlnaut is another crypto lender that flopped among Terra, Celsius, and 3AC collapse. Withdrawals have been temporarily suspended.
