Inflation in the Eurozone is breaking record after record, but the gap between the highest and lowest rates among the 19 members of the currency bloc has also become the largest in history.🤡 The gap ranges from Malta, where consumer prices rose by 5.6% last month, to Estonia, where inflation reached 20.1%.👿 This is a difference of more than 14 percentage points, more than at any time since the introduction of the euro in 1999.
Migration of millionaires on the world mapAccording to the latest Henley Global Citizens Report, about 88,000 millionaires will move to a new country during 2022.👉 This graph shows the migration of wealthy people (HNWI) — people with a net worth of more than $1 million — and shows where rich people flock and where they are fleeing from.👉 Fleeing conflict is the main reason for moving in 2022. 15,000 millionaires, or 15% of their total number, are expected to leave Russia. Ukraine is projected to suffer the largest percentage losses — 42% of all its HNWIs (or 2,800 people) may leave the country by the end of 2022.China may also face a big loss - 10,000 people, but this is only 1% of all HNWIs.The UAE has become a magnet for millionaires: by the end of 2022, 4,000 wealthy people will arrive
😡🇺🇸THE HISTORY OF ELON MUSK’S FEVER WITH PRESIDENT JOE BIDEN🤢Elon Musk said he voted for Biden. He now calls him a "wet sock puppet" and plans to vote Republican after they have been feuding for months. The richest man in the world was once a supporter of President Joe Biden, but Elon Musk's relationship with the White House has soured over the past year.🧑🚀Most recently, the President mocked Musk's obsession with space in response to a question about the billionaire's comments that the US was in a recession. In his response, the president highlighted Ford's investment in electric vehicles and its alliance with Tesla."While Elon Musk is talking about it, Ford is significantly increasing its investment," Biden said of Musk's pessimism. "I think Ford is increasing investment in new electric
Hello everyone 🫡 Actually, oil continues its upward march, and this is very bad for the development of the situation with inflation in the world. It is interesting to observe what the outcome will be, but I would be very surprised if oil is trampled against the entire market, then demand should slow down 🤷♂️
Hello everyone.Dow Jones, S&P 500 and Nasdaq futures are in moderate plus, Asia and Europe are also in bullish territory. Brent Crude +0.07%—$109.19✅EVENT: G7 Summit, the second day (the G7 Summit under the chairmanship of Germany takes place on June 26-28 in Bavaria)15:30 🇺🇸USD Basic orders for durable goods (m/m) (May)Economists forecast that new orders for durable industrial goods rose 0.2% from the previous month to $265.8 billion. 17:00 🇺🇸USD Index of unfinished sales in the real estate market (m/m) (May) The consensus score is 99.3 points, which is approximately equal to April. "The latest contract signings mark six consecutive months of decline and are the slowest pace in almost a decade," NAR Chief Economist Lawrence Yun said.21:30 🇪🇺EUR ECB President Lagarde will deliver a spe
🔥🇺🇸 CONSTRUCTION COSTS IN THE USA M/M ACTUAL 0.2% (FORECAST 0.5%, PREVIOUS 0.1%) $MACROUSA ISM MFG. EMPLOYMENT INDEX ACTUAL 49.6 (FORECAST -, PREVIOUS 50.9) $MACROUS ISM MANUFACTURING BUSINESS ACTIVITY INDEX ACTUAL 56.1 (FORECAST 54.5, PREVIOUS 55.4) $MACROTHE NUMBER OF VACANCIES IN THE USA JOLTS ACTUAL 11.4 Million (FORECAST 11.3Million, PREVIOUS 11.549 Million) $MACROUSA ISM MFG. THE INDEX OF NEW ORDERS IS ACTUAL 55.1 (FORECAST -, PREVIOUS 53.5) $MACRO.
❇️ Market analytics: — Goldman Sachs says that investors should invest in commodities, because the risk of recession and falling demand for fuel are exaggerated. The bank's analysts expect Brent crude oil prices to rise to $130 by the end of the year. At the moment, oil is trading just above $102 - CNBC— Jeffries analysts say that the US economy will remain strong even if the Fed raises rates to 4% and keeps them at this level throughout 2023 - MarketWatch
World currencies vs. $US this year:- Turkish Lira: -51%- Argentine Peso: -22%- Japanese Yen: -18%- Euro: -14%- South African Rand: -14%- British Pound: -13%- Swiss Franc: -9%- Australian Dollar: -9%- Indian Rupee: -6%- Canadian Dollar: -5%- Chinese Yuan: -5%- Russian Ruble: +23%
🇺🇸 FED'S DALY:🗣 WE NEED RATES TO BE NEUTRAL - CNBC INTERVIEW.🗣 THEN WE NEED TO LOOK AROUND AND MONITOR INFLATION, [THE BRAWL], CONSUMERS AND THE SLOWING ECONOMY.⚠️ I SEE A COUPLE OF RATE INCREASES OF 50 BASIS POINTS.🗣 WE KNOW THAT WE WANT TO REACH 2.5% BY THE END OF THE YEAR.🗣 I SEE THAT THE NEUTRAL RATE WILL BE ABOUT 2.5% IN NOMINAL TERMS.HIGH INFLATION HAS BEEN GOING ON FOR TOO LONG.I DON'T MAKE PREDICTIONS BEYOND THE NEXT TWO MEETINGS BECAUSE I DON'T KNOW WHAT THE DATA WILL BE.🗣 WE NEED TO CONTINUE TO SEE A SLOWDOWN IN THE ECONOMY AND SOME REAL PROGRESS IN THE FIGHT AGAINST INFLATION.OTHERWISE, WE WILL NEED TO RAISE RATES UNTIL WE REACH A NEUTRAL LEVEL, AND THEN LOOK AROUND.
#GAS #EUTTF natural gas futures, the European benchmark, are trading at around 200 euros per megawatt hour!The rapid decline in prices is taking place against the background of efforts by European governments to contain prices, including gas price restrictions and suspension of derivatives trading (well, they finally heard me!!!! 😩 ).In addition, the latest data showed that natural gas storage was filling up faster than expected on the eve of the winter peak demand season (I also did reports on this in Solodin LIVE). Question: How long will the relief last? Gazprom stopped pumping and it's not a fact that it will resume, and winter is already rolling right up ...👇