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Latest data released by Destatis – 29 October 2020 Hesse CPI -0.6% vs -0.5% y/y prior Bavaria CPI -0.1% vs -0.2% y/y prior For bank trade ideas, check out eFX Plus So far, the German state readings for annual inflation are a bit mixed with Saxony and Hesse showing some slightly softer figures compared to
Big day tomorrow on the earnings front The major indices fell sharply on Covid/election fears. European countries imposed new restrictions. Case count continue to rise putting pressure on hospitals. A lack of a coronavirus stimulus deal in the US is also weighing. Finally, uncertainty about the upcoming election is also frightened traders. The volatility index (Vix index )rose
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Dow closes lower for the 3rd straight day The major indices are closing mixed with the Dow taking the brunt of the selling. The Nasdaq index closed higher ahead of Microsoft’s earnings. Highlights: Dow and S&P closed near session lows Dow post 3 day losing streak NASDAQ close higher for the 3rd time in 4 days Dow close that
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