GBPUSD Trades In Second-Tightest Monthly Range

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🇬🇧 🇬🇧 February has seen GBPUSD trade in the second-tightest monthly range since the end of 2019
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EURUSD Looks Set To Drop

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🚨 🚨 EUR/USD – Looks Set To Drop While More Longs Bail. Net $9 billion of bullish bets weighing on EURUSD
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Barclays Raises S&P Target

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🚨 🚨 Barclays raises its year-end 2024 target for the S&P 500 to 5,300 from 4,800 previously
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US Bonds Are Trapped In A Range

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🇺🇸 🇺🇸 Fixed Income: 10-year yields in the US are trapped between the 4.20% mark and its 100-day moving average at around 4.315% currently
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Europe: Getting Harder To Be Filthy Rich

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🇪🇺 🇪🇺 It’s getting harder to be filthy rich, especially in Europe. The threshold for entering the top 1% in Monaco rose to $12.8 million, the highest in the world. Luxembourg and Switzerland round up the top three, both requiring more than $8 million to make the cut, Knight Frank said
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Audi And Merc Drop Pure EVs

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🚘 🚘 Audi is doing a massive U-turn on electric vehicles. They are DROPPING their earlier goal of only producing electric vehicles by 2026. Instead they will continue to produce cars that run on fossil fuels. This comes after Mercedes came with a similar announcement
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Tesla To Unveil Next-Gen Roadster

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🚘 🚘 Tesla to unveil next-gen Roadster in late 2024. It’s a collaboration between Tesla and SpaceX. Deliveries aim to start in 2025. 0-60mph time is expected to be about 1 second
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China Tells Quant Funds To Phase Out Strategies

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🇨🇳 🇨🇳 BREAKING: Chinese regulators are taking steps to gradually shrink the size of a popular quantitative trading strategy that contributed to turmoil in the nation’s stock market this month, according to people familiar with the matter
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China: European Takeovers Drop

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🇪🇺 🇪🇺 Europe saw the lowest number of company takeovers by Chinese investors in more than a decade in 2023, with the overall value of deals also falling, according to data published by EY
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