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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 7 Nov 2024 - - - #### A double-whammy for Europe: tariffs on US exports + increased defence spending... Source: The Economist [#United States|](https://blog.syzgroup.com/syz-the-moment/tag/united-states) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![A double-whammy for Europe: tariffs on US exports + increased defence spending...](https://blog.syzgroup.com/hubfs/1-Nov-07-2024-03-28-57-5786-PM.jpeg) ![A double-whammy for Europe: tariffs on US exports + increased defence spending...](https://blog.syzgroup.com/hubfs/1-Nov-07-2024-03-28-57-5786-PM.jpeg) 4 Nov 2024 - - - #### This is how Europe continues to do business with Russia - exporting through Kyrgystan (among others) Source: Robin Brooks on X [#russia|](https://blog.syzgroup.com/syz-the-moment/tag/russia) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![This is how Europe continues to do business with Russia - exporting through Kyrgystan (among others)](https://blog.syzgroup.com/hubfs/2-Nov-04-2024-03-49-58-9090-PM.jpeg) ![This is how Europe continues to do business with Russia - exporting through Kyrgystan (among others)](https://blog.syzgroup.com/hubfs/2-Nov-04-2024-03-49-58-9090-PM.jpeg) 31 Oct 2024 - - - #### UNEMPLOYMENT IN GERMANY SPIKED TO THE 2ND-HIGHEST IN 10 YEARS The number of unemployed people in the world's 3rd largest economy has risen for 22 STRAIGHT MONTH. There are now 2.86 MILLION unemployed people in Germany, the most since the COVID CRISIS. Chart: Global Markets Investor, @AugurInfinity on X [#Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![UNEMPLOYMENT IN GERMANY SPIKED TO THE 2ND-HIGHEST IN 10 YEARS](https://blog.syzgroup.com/hubfs/1-Oct-31-2024-04-14-20-7711-PM.jpeg) ![UNEMPLOYMENT IN GERMANY SPIKED TO THE 2ND-HIGHEST IN 10 YEARS](https://blog.syzgroup.com/hubfs/1-Oct-31-2024-04-14-20-7711-PM.jpeg) 29 Oct 2024 - - - #### One of the most important news today: Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says. Source: Bloomberg [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![One of the most important news today:](https://blog.syzgroup.com/hubfs/11-Oct-29-2024-02-34-46-0563-PM.jpg) ![One of the most important news today:](https://blog.syzgroup.com/hubfs/11-Oct-29-2024-02-34-46-0563-PM.jpg) 28 Oct 2024 - - - #### European stocks are hit by a ‘Trump effect’ as odds tilt towards Republican win. A basket of 22 European stocks exposed to US tariffs compiled by Goldman Sachs has tumbled 5% since late September as the former president’s odds of an election victory shorten. The basket, which includes Diageo, Porsche, Mercedes, Adidas or Moller Maersk is now down 11% this year, compared with an 8% rise for the broader European stock market and 22.5% for the S&P500. Source: HolgerZ, Bloomberg [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![European stocks are hit by a ‘Trump effect’ as odds tilt towards Republican win.](https://blog.syzgroup.com/hubfs/5-Oct-28-2024-11-09-00-5625-AM.jpg) ![European stocks are hit by a ‘Trump effect’ as odds tilt towards Republican win.](https://blog.syzgroup.com/hubfs/5-Oct-28-2024-11-09-00-5625-AM.jpg) 22 Oct 2024 - - - #### Europe's most valuable companies Source: companiesmarketcap.com [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![Europe's most valuable companies](https://blog.syzgroup.com/hubfs/12-Oct-22-2024-03-18-30-0413-PM.jpg) ![Europe's most valuable companies](https://blog.syzgroup.com/hubfs/12-Oct-22-2024-03-18-30-0413-PM.jpg) 15 Oct 2024 - - - #### The benchmark German equity index Dax has hit a fresh ATH. Since the start of the year, the index has risen by 17%. However, this growth is driven entirely by higher valuations. The Dax's price-to-earnings (P/E) ratio is nearly 15, and if you exclude the dirt-cheap car stocks, it jumps to 17. Source: Bloomberg, HolgerZ [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![The benchmark German equity index Dax has hit a fresh ATH.](https://blog.syzgroup.com/hubfs/3-Oct-15-2024-03-05-23-3506-PM.jpg) ![The benchmark German equity index Dax has hit a fresh ATH.](https://blog.syzgroup.com/hubfs/3-Oct-15-2024-03-05-23-3506-PM.jpg) 9 Oct 2024 - - - #### Chanel has had remarkable growth in recent years. In 2023, it generated more revenue than Hermès $RMS.PA and approximately the same amount as Kering $KER.PA and Richemont $CFR.SW, at around $20 billion. The 114 year-old luxury giant is privately owned by the Wertheimer brothers, whose grandfather was a business partner of Coco Chanel. When the CEO, Leena Nair, was asked about an IPO last year, she said: “We’re going to stay a private, independent company. Rumours always float around, but you can put those to rest." Source: Quartr [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) ![Chanel has had remarkable growth in recent years.](https://blog.syzgroup.com/hubfs/12-Oct-09-2024-12-49-26-9748-PM.jpg) ![Chanel has had remarkable growth in recent years.](https://blog.syzgroup.com/hubfs/12-Oct-09-2024-12-49-26-9748-PM.jpg) ❮❮ [❮](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/32) [31](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/31) [32](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/32) [33](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/33) [34](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/34) [35](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/35) [❯](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/34) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/europe/page/55?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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