Risk-off Momentum is Brewing | BDSwiss Market Moves on MT4
-ECB Actions
Currently, the European Central Bank won’t raise interest rates further according to their statements. Unless there are major surprises, rates will remain the same and might be reduced at some point in 2024 as member of the governing council Francois Villeroy de Galhau pointed out. However, a discussion to decrease rates is not on the table any time now as this might be a topic for next year. The EUR has increased in value in recent weeks but is currently losing momentum in particular against the Greenback. After having retested the psychological resistance zone, the market might now be on track to move lower again.
-EU Act
The European Union is preparing an act for the use of artificial intelligence. A set of controls is meant to be in place to generate content with the use of software like Open AI’s ChatGPT or Google Bard. The EU will be the first government outside of Asia to implement strict rules. The plan also contains information on how developers would use copyright information, how their models would be trained and that AI-generated content would need to be labelled as such. Currently, prices of companies like NVidia are losing some momentum after having grown substantially this year.
-SpaceX
The most valuable US startup is evaluating whether it will sell its inside shares. Based on the current discussion, it is said that it would be valued at about USD 175 billion and the sales price could range between USD 500 million to USD 750 million. The price per share could be about USD 95 per piece.
-Market talk
The US- Dollar is gearing up steam further and with that seemingly stock markets seem reactive. Equities have risen again this week to fresh highs, with in particular the German DAX (GER_40) having created a new all-time high. Currently, markets seem proceeding to the downside and might lose momentum for now. Worth noting that also oil has lost steam and is currently trading near the USD psychological support zone. This might call the OPEC for some joint action anytime soon, should prices not run higher at some point. On the other hand crypto markets continue to be well-bid and the JPY continues to trade steady against all other currencies.-
Check the UPCOMING WEBINARS here:
• Download the BDSwiss iOS app:
• Download the BDSwiss Android app:
• Join our Telegram Channel:
• Like us on Facebook:
• Follow us on Twitter:
• Follow us on LinkedIn:
• Follow us on Instagram:
• Subscribe to our Channel:
Your capital is at risk. T&Cs apply.
1 view
4409
1476
2 weeks ago 00:03:44 1
BTS - “Permission to Dance“ performed at the United Nations General Assembly | SDGs | Official Video
2 weeks ago 00:18:10 1
Government Deception Revealed: The Data Was All Fake
2 weeks ago 00:18:20 1
President Biden Faces Economic Collapse as U.S. Consumers Run Out of Money
1 month ago 00:09:32 1
New Buy Sell Indicator Beats All Indicators On Tradingview!
2 months ago 00:18:32 1
Positive Risk Sentiment Fading | BDSwiss Market Moves on MT4
2 months ago 00:00:38 1
Massive Crowds Show Support for Bolsonaro in Rio
2 months ago 00:19:02 1
The Week Begins with a Positive Risk Sentiment | BDSwiss Weekly Market Outlook
3 months ago 00:16:26 1
Positive Risk Sentiment to Resume | BDSwiss Market Moves on MT4
3 months ago 00:17:10 1
Risk-Off Sentiment to Continue | BDSwiss Market Moves on MT4
3 months ago 00:04:43 1
Macron still has TIME to GO BACK!
3 months ago 00:32:14 1
Markets Remain Sideways | BDSwiss Market Moves on MT4
3 months ago 00:43:17 1
Eritrean Jazz, Soul & Traditional Grooves with Nahom from Eritrean Anthology
3 months ago 00:17:48 1
NFP Bolstering Investor Confidence | BDSwiss Weekly Market Outlook
3 months ago 00:27:19 1
What To Know Before You Start on Merch By Amazon
3 months ago 00:09:24 1
The Trend Indicator That Filters Out 99% Of False Signals
3 months ago 00:23:18 1
Dollar Strength to Resume | BDSwiss Market Moves on MT4
3 months ago 00:10:58 1
Further USD Strength Towards the End of the Month? | BDSwiss Market Moves on MT4
3 months ago 00:17:05 1
Stronger Dollar, Pound to Weaken? | BDSwiss Market Moves on MT4
4 months ago 00:15:50 1
BoE in Focus | BDSwiss Market Moves on MT4
4 months ago 00:16:01 1
All Eyes on FED Today | BDSwiss Market Moves on MT4
4 months ago 00:02:50 5
Rocket Size Comparison | 3D 🚀
4 months ago 00:16:03 1
Dollar Strength to Potential Weigh on Markets | BDSwiss Market Moves on MT4
4 months ago 00:23:01 1
🔴JUST NOW: BULLIED NYFD Fire Fighters BOYCOTT Not Needed! Letitia James BOOING Hunt Reverses Course