More from Dr Oliver Hartwich for all those who haven’t had enough bad news on the EUR.
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The fourth European crisis: Balance of Payments
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- investingLive Americas FX news wrap 15 May: Powell exits as inflation fears roar
- US major indices close lower. Declines today erase the week's gains.
- Powell exits after one of the wildest Fed eras in history
- Gold tumbles lower today on the back of higher yields and the higher USD
- Israel says it carried out targeted strike in Gaza against Hamas head.
- Baker Hughes total rig count rises by +3 to 551
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BRZE's 20% revenue growth & 2.5x P/S valuation shine; STBA & COLB lag on growth.
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AVGO's 90% 2025 gain is priced in. Expensive at 86x trailing earnings, but AI chips offer future growth.
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