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  • Germany outlines step to reach 30GW of offshore wind by 2030

    From reneweconomy.com.au

    A new area development plan for the expansion of offshore wind energy is a key step in helping Germany come closer to its target of installing at least 30 gigawatts (GW) by 2030, the economy and climate protection ministry (BMWK) has said. Published by the Maritime and Hydrographic Agency (BSH), the area development plan lays the foundation for the country to reach its offshore wind energy expansion targets by the end of the decade and beyond. “The expansion of offshore wind energy is a mammoth task in itself,” economy minister Robert Habeck said. “With this publication, we are showing that we are serious about ... (full story)

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    OPEC+ JMMC panel meeting on Feb. 1 unlikely to recommend any changes to oil policy -five OPEC+...

    From @DeItaone|Jan 24, 2023

    tweet at 7:06am: OPEC+ JMMC PANEL MEETING ON FEB. 1 UNLIKELY TO RECOMMEND ANY CHANGES TO OIL POLICY -FIVE OPEC+ SOURCESOPEC+ JMMC unlikely to recommend changes to output policy – Reuters The Joint Ministerial Monitoring Committee (JMMC) of the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, known collectively as OPEC+, is unlikely to recommend any changes to oil output policy, Reuters reported citing five OPEC+ sources. OPEC+ is scheduled to meet next week, on February 1. Crude oil prices edged slightly higher on this headline. As of writing, the barrel of West Texas Intermediate (WTI) was trading at $81.85, where it was up 0.3% on a daily basis.

    National consumer price index, First half of January of 2023

    From inegi.org.mx|Jan 24, 2023

    In the first half of January 2023, the National Consumer Price Index (INPC) grew 0.46% compared to the previous fortnight. With this result, annual general inflation was placed at ...

    Natural Gas Price Analysis for Jan. 24, 2023

    From fxdailyreport.com|Jan 24, 2023

    Natural gas might be in for a reversal from its selloff, as the commodity price broke through its descending trend line and a short-term double bottom. Technical indicators, ...

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    OPEC+ panel unlikely to tweak oil policy at Feb. 1 meeting

    From zawya.com|Jan 24, 2023|1 comment

    An OPEC+ panel is likely to endorse the producer group's current oil output policy when it meets next week, five OPEC+ sources said on Tuesday, as hopes that improved Chinese ...

    Bank of Canada likely to raise rates again Wednesday — but should it?

    From cbc.ca|Jan 24, 2023

    The Bank of Canada is widely expected to raise its trend-setting interest rate this week by a quarter of a percentage point, which would bring it to 4.5 per cent. If it happens, ...

    NYSE trading open sees unusual number of halted stocks

    From @DeItaone|Jan 24, 2023

    tweet at 9:37am: NYSE TRADING OPEN SEES UNUSUAL NUMBER OF HALTED STOCKS tweet at 9:37am: Looks like 81 stocks were just halted for LULD despite not hitting the bands/thresholds: https://t.co/seHwXtgEpg tweet at 9:38am: Trades were posted to tape that were incorrect. tweet at 9:40am: BREAKING — several stocks are halted for an unknown reason at the start of trading, and aren’t showing up on computers or tablets resulting in confusion across the NYSE floor “It’s a huge problem,” one long time trader tells me. “I’ve never seen anything like it.” @TheStreet https://t.co/Tg58SqT2NQMarket Goes Haywire With Dozens Of NYSE Trading Halts At The Open After "Technical Glitch" It has been a while since we had a market-wide break. Something snapped at exactly 9:30:00 am ET this morning when stocks opened for trading, only... they didn't, as instead hundreds of NYSE-listed stocks were immediately halted for trading after breaching circuit breaker limits... image ... which among others saw giga-caps such as Exxon, Morgan Stanley, Verizon, AT&T, Nike, McDonald’s and Wells Fargo tumble as much as 8%, or more... While it is unclear what the "technical glitch", as CNBC called it, in question was many stocks had abnormally large moves when stocks opened for trading, which triggered the resulting volatility halts. It took several minutes for the circuit breakers to be lifted and for trading to return to something resembling normalcy although nobody knows if these prices are accurate or still affected by whatever glitch halted trading.

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  • Posted: Jan 24, 2023 7:28am
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     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 100
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