US Stocks’ Bullish Sentiment Faces Weakening Momentum
Despite bullish sentiment in US stocks, Nasdaq shows risks with 79% long positions in loss, warns Citi's latest analysis.
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Despite bullish sentiment in US stocks, Nasdaq shows risks with 79% long positions in loss, warns Citi's latest analysis.
The dollar rebounds before Powell's speech amid rate cut speculations and economic data assessments.
Germany's tax revenue fell 7.9% in July but rose 1.9% Jan-Jul 2023, reaching 477.8B euros. Analysts predict growth in 2024.
Germany's transfer of 750 BTC impacts crypto prices as altcoins struggle and Cardano thwarts a DDoS attack, demonstrating market volatility.
"Eurozone equities face challenges from political uncertainty, despite stronger fundamentals. Cautious short-term outlook advised by analysts."
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