World Market News of the 21 December with FXOpen #ukinflation #teslastock #ftse100 #ftsemib #dax
UK INFLATION’S LOOKING OK
UK inflation slid to 3.9% in November, the lowest annual reading since September 2021. That figure’s lower than the 4.4% economists had expected, and the 4.6% reading in October. Moreover, prices actually fell 0.2% for the month, compared with estimates of a 0.1% rise. Core consumer price index was also lower than expected, prompting a sharp fall in UK 10-year gilt yield.
Source: CNBC
TESLA’S THE “IT” STOCK
Out of all securities on the U.S. market, Tesla’s on pace to attract the most amount of individual investor dollars in 2023, according to data from Vanda Research. That means inflows into the stock will surpass the SPDR S&P 500 ETF Trust, which tracks the largest index in the world. To put Tesla’s popularity in perspective, it wasn’t even among the top 20 stocks retail investors bought before 2019.
Source: CNBC
EUROPEAN MARKETS OPENING CALLS
European markets are set to open lower Thursday.
The U.K.’s FTSE 100 index is expected to open 45 points lower at 7,672, Germany’s DAX down 73 points at 16,666, France’s CAC down 45 points at 7,548 and Italy’s FTSE MIB down 163 points at 30,384, according to data from IG.
There are no major data releases Thursday.
Source: CNBC
#tesla #teslastockupdate #teslastocknews
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