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On Tuesday Microsoft reached an all-time high. Will the price continue to rise?
Since our last look at the Microsoft share on March 5 (link: Is it time to buy Microsoft? Yes and No.), a lot has changed. The stock has reached the structural level of US$124.20, continuing the bull market which started after Christmas 2018. The question now is whether the bulls can continue to dominate events[…]
Australian Dollar falls after inflation data misses expectations
The Australian Dollar fell over one percent lower against the greenback on Wednesday after first quarter Australian inflation data came in much weaker than expected. Core inflation, which is the Reserve Bank of Australia’s preferred measure of domestic inflation, came in at its weakest level since 2003. The Australian Dollar tumbled towards the 0.7000 level[…]
Will the DAX react to dwindling eurozone consumer confidence?
Consumer confidence in the eurozone seems to have suffered an unexpected setback. Although eurozone consumer confidence has been pessimistic since June 2018, many analysts expected a much better figure when the report was published on Tuesday. After a slight recovery since the beginning of the year, the barometer dropped back to minus 7.9 points. The[…]