Don’t blow, because then it’s gone. The AEX indication is hundredths green.
We do it premarket with a Chinese rate hike, Fitch leaving our AAA status intact, special occasion B&S Group that has numbers and the media are going to pester you endlessly this week with the central bankers weekend away in Jackson Hole. And beware, Wednesday at 10 p.m. has one Nvdia Q2 numbers.
What are we going to do with tipsy will Adyen – so much more in our preview yesterday – and be sure to read Tostrams before the market, the charts of our chippers have had a fresher look.
The European and American stock markets are not actually moving at this hour, hundredths of green or red In Asia, Japan and Korea are just up, but China is going lower again. Hang Seng and Hang Seng Tech lose again 1.6% Alibaba -1.2% Tencent -1.4% TSMC -0.4% Samsung +0.3% Volatility (CBOE VIX Index) gains -3.3% 17.3 and the BofA MOVE Index (bonds) is -0.5% at 120.5 The dollar is down 0.1% to 1.0883 Gold is just up 0.1%, oil is up 0.7% and crypto is up hundredths to tenths. Bitcoin is now at $26,066.22 and had no ups and downs this weekend: sideways
Interest rates are up again. Ours too despite that AAA. Life’s a bitch Fitchthe market swings.
The good news for all of us is that credit rating agency Fitch keeps the rating for the Netherlands at AAA with an excellent outlook. It is the least important of the trio Moody’s, Standard & Poor’s (S&P) and Fitch, but it is nice that she is happy with us. Saves many billions in interest costs for the state and taxpayers.
This is our ten-year rate and it is of course flirting with 3% and 3.078%, or the highest levels in a generation.
Who dares? So Adyen. Be surprised by our analyst Martin Crum with his advice.
Keep in mind that analysts’ Adyen expectations are still going up, which makes the stock more expensive. No guts nog glory, that’s for sure, but those who don’t like risk… don’t have to count on dividends and share buybacks for a while, then. Years to come.
The AEX now has a nice dip on the board, but realize the bad role that Adyen plays in this. It can also be another chance (you).
Psst, falling prices and rising sales and profits is what you might also like to see. Let’s see if it’s really a trend. What is also possible is that with those higher interest rates, the index simply has to have a little less fun in terms of its own valuation.
B&S Group has figures, but there is so much more to it than those figures. Anyone who is not properly introduced here will stay away.
News, advice, shorts and agenda
The most important ABM Financial news since the Amsterdam closing yesterday.
08:11 AEX starts trading week probably just in the green 08:10 German producer prices fall 08:00 Stock market look: Berenberg lowers Fastned price target 07:49 Jefferies puts Arcadis on the buy list 07:44 B&S Group suffers from inflation 07:19 Berenberg places Corbion on the buy list 07:07 China lowers interest rates again 06:44 European stock markets are expected to open higher 06:32 Stock market calendar: macroeconomic 06:31 Stock market calendar: foreign funds 06:30 Stock market calendar: Dutch companies 20 Aug Ajax?gets Josip Sutalo 20 Aug The Netherlands retains AAA status 20 Aug ‘PBoC and regulators want to stimulate Chinese economy’ 20 Aug Investors await news from Jackson Hole 08:11 AEX starts trading week probably narrowly green 08:10 German producer prices fall 08:00 Stock market view: Berenberg lowers Fastned price target 07:49 Jefferies puts Arcadis on the buy list 07:44 B&S Group suffers from inflation 07:19 Berenberg puts Corbion on the buy list 07:07 China lowers interest rates again 06:44 European stock markets are expected to open higher 06:32 Stock market agenda : macroeconomic 06:31 Stock market calendar: foreign funds 06:30 Stock market calendar: Dutch companies 20 Aug Ajax?takes Josip Sutalo 20 Aug The Netherlands retains AAA status 20 Aug ‘PBoC and regulators want to stimulate Chinese economy’ 20 Aug Investors await news from Jackson Hole
The AFM reports this shorts:
This does not say anything yet, but always keep in mind that not everyone thinks about Philips the way Exor does and/or has a somewhat shorter term:
From agenda:
07:00 B&S Group – Second Quarter Figures 22:00 Zoom Video Communications – Second Quarter Figures (US) 08:00 Producer Prices – July (Ger)
And then this
The review:
Dow Jones +0,1%
S&P 500 -0,01%
Nasdaq Composite -0,2%
Nasdaq 100 -0,1%
Russell 2000 +0,5%
SOX +0,5%
Nasdaq China Golden Dragon Index -3,5%
WATCH: Wall Street’s main indexes ended nearly flat as energy and defensive sectors countered megacap declines pic.twitter.com/IW6d7uOjKo
— Reuters Business (@ReutersBiz) August 19, 2023
Latest news from China and Country Garden disappears from the Hang Seng index.
China’s central bank trims 1-year rate, but unexpectedly leaves 5-year rate unchanged
— CNBC (@CNBC) August 21, 2023
Both Fed Chairman Jerome Powell and ECB President Christine Lagarde will give speeches on Friday
WATCH: Federal Reserve policymakers join their ECB, BoE, and BOJ counterparts in Wyoming’s Jackson Hole to talk central banking, fresh strain in China’s property market exacerbates sense of crisis building, and more. Here are some top business and finance stories from this week pic.twitter.com/FeNvEhUuyA
— Reuters Business (@ReutersBiz) August 19, 2023
No one too fat anymore? GLP-1, this could indeed be a game changer.
Prescription weight loss drugs could be more than just a boon for the pharma industry — the could upend the entire global economy
— Bloomberg Markets (@markets) August 21, 2023
According to Bloomberg, the Chinese slowdown is a preconceived plan by the government to rid the country of its debt addiction. Let’s see if this is a story for you today.
NEW: A multi-trillion dollar economy decelerating, miserable consumers and more and more people out of work.
What’s happening to China and where does it go from here?
— Bloomberg Markets (@markets) August 20, 2023
Have fun and good luck today.
2023-08-21 06:26:38
#Prices #stock #market #due #lack #news #commotion #IEX.nl
