September 7 2022 🕓 3 min
LULU seeks to break bearish trend amid solid fundamentals
It looks like LULU stock is trying to build some serious bullish momentum.
Podcast ![LULU seeks to break bearish trend amid solid fundamentals]()
Market Movers
September 29 2022
US GDP shrank by 0.6% in Q2
Following a quarterly decline of 1.6% in Q1, the US economy shrank by an annualized 0.6% in Q2 2022. This matches the second estimate and proves the US had, in fact, entered a recession. US stock indices continue to dive lower.
September 29 2022
German inflation is sky-high
The rate of consumer price inflation in Germany increased to 10.0% year-over-year in September 2022. Inflation surpassed market predictions of 9.4% and marked the highest level since 1951 when it peaked at roughly 11.0%.
September 29 2022
Crypto Punks NFTs traded 1m ETH
Crypto Punks, the most popular NFT project, just reached an important milestone. The total trading volume on OpenSea crossed 1 million Ethereum today, which is more than $1.3 billion at ETH’s price now. On average, a Crypto Punk NFT sells for approximately $100k, but someone bought Crypto Punk 2924 for $4.3 million today.
Podcast September 5 2022 🕓 3 min
Germany plans a €65 billion aid package
Germany wants to relieve residents and businesses from soaring inflation and high energy prices with another €65 billion package.
Podcast September 4 2022 🕓 4 min
Crypto adoption increases – investors need to stay vigilant
We can assess the overall development of the cryptocurrency market positively. However, many fraudsters continue to hunt the users.
Podcast September 3 2022 🕓 2 min
G7 agrees to cap Russian oil prices
G7 finance ministers and central bank governors agree to impose a price ceiling on Russian oil and petroleum products.
Podcast September 1 2022 🕓 3 min
China doesn’t like Biden’s $1.2bn arms sale to Taiwan
While the conflict between Russia and Ukraine seems to be slowly fading away, a new dispute may arise between China and Taiwan.
Podcast August 24 2022 🕓 2 min
USA has become the largest exporter of LNG
This was helped by record supplies to Europe and Asia due to energy shortages. But the biggest problem is pipeline capacity.
Podcast August 22 2022 🕓 3 min
Is another stock market selloff on the way?
While the stock market rallied throughout the summer, it might not be ready for a new all-time high just yet as bearish sentiment still rules.
August 6 2022 🕓 4 min
Crypto 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.