The US authorities filed a lawsuit against Facebook - what are the implications?
APPLE: stereo on
Previously, Apple’s stores have been offering a line of audio accessories from other brands, such as Bose, Sonos, and Logitech. Now, you will see none of those – only Apple. Why? Apple is expanding into the niche of audio equipment and will sell products of its own. So far, there is only AirPods and AirPods Pro but looks like we are about to see some new items soon. That means – keeps some Apple shares in your portfolio as they may show some bullish moves.
Speaking of bulls – Apple has been a bit above the normal in August, so September saw it go back down into the channel. Now, the trajectory Apple follow seems to fall well into that channel, so $118-125 seems to be a fair estimation of where the stock will be aiming at in the midterm.
Russian media companies are complaining that Youtube and Facebook block them. So sad. Now, what about the stock price?
Have you seen the Tesla stock price? But it has already dropped from that high... will it move up again?
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
The US dollar’s weakness offered a boost to emerging-market currencies and oil.