👋Hi, dear traders! Hopefully, you had a great weekend!
Here is the freshest news moving the markets right now:
☢️Bitcoin lost 3% within an hour. The price is currently heading towards the support level of $23 600.
🇨🇳China’s state-owned enterprises that plan to delist from US stock exchanges slid on Monday as investors expected more firms to follow suit amid an auditing spat between the two nations.
🇨🇭Switzland PPI - 0.1% m/m (previous 0.3%)
🇪🇺Economists say a Euro-Zone recession is now more likely to happen. The probability has risen to 60% from 45% in a previous survey.
🇺🇸💵Leveraged investors flipped to a net short position on the greenback versus a basket of eight major currencies last week, which is the first bearish shift since last August. Sentiment may shift as aggressive Fed interest-rate hikes may finally be cooling the quickest US inflation in four decades.
🌎NATO will strengthen its military presence in Europe by sending 2.4 thousand soldiers to Bulgaria, Hungary, Romania, and Slovakia.
🇩🇪Germany must cut gas consumption by 20% to avoid winter shortages.
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