- UK FTSE 100 -0.6%
- German DAX -1.1%
- Italy MIB -0.8%
- French CAC -1.0%
- Spain IBEX -1.0%
In the quarter:
This is the second day of selling after a nice run-up since the start of March. I highlighted the seasonals in April yesterday.
In the quarter:
This is the second day of selling after a nice run-up since the start of March. I highlighted the seasonals in April yesterday.
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France blocks Eutelsat antenna sales, citing strategic military/civilian use. Government holds 17.17% stake.
Frozen tax allowances & rising state pensions push retirees to file self-assessments; plan income to avoid tax.
Asia's $73B disaster losses see only $9B insured, threatening supply chains. Risk pricing is tough.
US trade deficit widens 94% despite tariffs, near record highs. Imports surge, volatility reigns.
Crypto market unravels: $1.68B liquidations, 267K traders wiped out. Heavy long bets crushed, BTC & ETH lead the carnage.
Fed Chair pick Warsh eyes rate cuts vs. Powell's steady 3.50%-3.75% range. Independence questioned.
Gold surges 20% past $5,500 on geopolitical fears & debt. Volatile like crypto, it's a hedge, but value is debated.
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