‼️ BREAKING: EU EQUITIES UNDER PRESSURE ‼️
Germany's Greens won't support draft debt package in parliament. The CDU/CSU and SPD need the support of the Greens to achieve the two-thirds majority in the Bundestag in its old composition. The FDP, which was represented in the old Bundestag, will hardly vote in favor of such a debt package. Source: HolgerZ, DB
Trump 2.0 vs. Trump 1.0
The full market picture by Fund Strat Interesting to link this to Trump's comments yesterday on FoxNews: "There could be a little disruption (…) Look, what I have to do is build a strong country. You can't really watch the stock market. If you look at China, they have a 100 year perspective. We go by quarters. And you can't go by that”. Not the same kind of Trump's put than in 2017...
Tesla Back on Important Zone
Tesla (TSLA) has consolidated 50% since its December highs! The stock is now back in its discount zone (more than 50% retracement Fibonacci on the last swing) and is also reaching the imbalance zone between 225-245. Additionally, there is a strong demand zone between 212-249. Keep an eye on price action in these critical zones. Source: Bloomberg
Mainland Chinese money came flooding into HK markets today
Investors bought up a record amount of stocks in Hong Kong where the large tech giants are listed. Source: Bloomberg, David Ingles
Japan 40Y bond yield hits highest in history.
Eventually markets will remember that Japan has to roll over the world's biggest debt load ever assembled. Source: Bloomberg, www.zerohedge.com
Germany is becoming great again thanks to Donald Trump...
Thanks to the decoupling from America and the billions in infrastructure investment that this entails, German stocks are gaining new appeal. Their global stock market capitalization share has climbed to 2.3%, up from well below 2%. But still miles away where it used to be... Source: Bloomberg, HolgerZ
Market VOLATILITY is back:
The S&P 500 has seen a move of more than 1% in either direction for 6 straight trading sessions, the longest streak since November 2020. Source: Bloomberg
Trump:
"There could be a little disruption. Look, what I have to do is build a strong country. You can't really watch the stock market. If you look at China, they have a 100 year perspective. We go by quarters. And you can't go by that." Source: Aaron Rupar @atrupar on X
