The AEX indication is +0.2% and that is even the outlier. Because the prices are almost flat after a good day – especially technology was good – Wall Street.
We are now doing it with Philips, Exor, Goldman Sachs and the AFM, our inflation is 3.0% for July, there is a first economic figure for September from Germany, there is plenty of M&A and IPO commotion in the US and Apple presents a new iPhone.
European futures open 0.1% higher. The American futures are that percentage lower. In Asia, China is down slightly and Korea is down by half. Japan and Taiwan rose 0.8%
Alibaba -1.7%
Tencent -0,3%
TSMC +1,5%
Samsung -0.1% Volatility (CBOE VIX index) is -0.3% at 13.8 and the BofA MOVE index (bonds) is +2.8% at 107.2 The dollar rises +0.1 % to 1.0739 Gold loses 0.2%, oil rises 0.3% and crypto performs mixed. Bitcoin rises 0.3% and now stands at $25,831.79
Interest rates don’t matter yet? No, the interest rates don’t do anything yet. We are not used to it anymore.
First this, our inflation (consumer prices – CPI) stood at 3.0% YoY and +0.4% MoM in July, according to CBS. The inflation target of once DNB and now ECB, which will make an interest rate decision on Thursday, is 2.0% YoY.
Consumer goods and services were 3 percent more expensive in August than in August 2022. Inflation is the change in the consumer price index compared to the same month a year earlier. pic.twitter.com/L8n14FwMPG
— CBS (@statistiekcbs) September 12, 2023
Fresh off the press and this still requires some reading and checking before a conclusion can be drawn about exactly how all the forks were and are in the stem.
To begin with, you won’t even come across the name Goldman Sachs here. Here you will find all AFM-registers.
Attention on Wall Street yesterday focused on Tesla with AI fantasy (+10.1%) and after-hours Oracle with Q2 figures (-9.3%). A certain Berkshire Hathaway set another all-time high. On a final and not on a daily basis, that is.
For example, Warren delivers a much neater annual graph than Elon 🙂
Another big name and the very biggest: Apple will present new products at 7:00 PM our time, including the iPhone 15. How are the shares and expectations doing? Apple may be quite pricey for a fund whose growth expectations are essentially flat. But hey, what isn’t pricey in New York?
News, advice, shorts and agenda
The most important ABM Financial news since the Amsterdam close yesterday.
08:15 Accsys CEO does not want reappointment 08:03 Flat start AEX expected 07:46 Fastned expands to Italy 07:32 AFM examines Exor transaction in Philips 07:26 Arcadis starts working on tunnels in North Holland 07: 01 European stock markets appear to be opening higher 06:56 Slightly more bankruptcies in August 06:54 Dutch inflation has indeed fallen 06:47 Stock market agenda: macroeconomic 06:46 Stock market agenda: Dutch companies 06:46 Stock market agenda: foreign funds Sep 11 Oracle beats expectations Sep 11 Tesla popular on cheerful Wall Street Sep 11 Stock market update: AEX on Wall Street Sep 11 Oil price drops slightly Sep 11 Wall Street prices higher Sep 11 European stock markets close higher
The AFM reports this shorts:
We know those two now and how are things going?
The status quo also prevails here. Kind of then.
From the agenda:
19:00 Apple-event (VS)
06:30 Bankruptcies – August (NL)
06:30 Inflation – August (NL)
08:00 Unemployment and wage developments – July (UK)
09:00 Inflation – August (Spa)
11:00 ZEW economic sentiment – September (Germany)
12:00 SME business confidence – August (US)
2:00 PM OPEC monthly report (Oos)
And then this
The retrospective with indeed Tesla +10.1%:
Dow Jones +0,3%
S&P 500 +0,7%
Nasdaq Composite +1,1%
Nasdaq 100 +1,2%
Russell 2000 +0,2%
SOX +0,1%
Nasdaq China Golden Dragon Index +1,2%
Major US indexes ended higher as Tesla surged on optimism around artificial intelligence, while investors awaited inflation data due later this week for clues on the Federal Reserve’s interest-rate path pic.twitter.com/bVv3aoTFUd
— Reuters Business (@ReutersBiz) September 12, 2023
Just in charge for a day and he doesn’t let the grass grow under his feet:
New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward will be ‘user first’ and ‘AI-driven.’ More here:
— Reuters Business (@ReutersBiz) September 12, 2023
In the meantime, there is some life again in the M&A event in the US with another IPO (Thursday is Arm) of $9.3 billion:
As Instacart touts its hefty advertising revenue in its hotly anticipated IPO offering, purchases on the online grocery platform have flattened in the first half of 2023, a possible obstacle to future ad growth. More here:
— Reuters Business (@ReutersBiz) September 12, 2023
Bohemian!
NEW: Arm’s IPO is already oversubscribed by 10 times and bankers plan to stop taking orders by Tuesday afternoon
— Bloomberg Markets (@markets) September 11, 2023
Yesterday there was also a nice takeover:
WATCH: J.M. Smucker agreed to acquire Hostess Brands, the maker of Twinkies, for $5.6 billion including debt. The deal brings together two prominent American snack manufacturers pic.twitter.com/XnrQMGe7Eq
— Reuters Business (@ReutersBiz) September 12, 2023
Man just wants to gamble, right?
L40 million contracts are traded per day, mainly by smaller private individuals. The better cultured.
— Corné van Zeijl (@stock analyst) September 12, 2023
Have fun and good luck today.
2023-09-12 06:33:26
#fair #big #names #good #results #news #IEX.nl
