Welcome to the latest episode of Cash & Coffee, and today, in macro news, it’s all about the morning after the carnage of the day before, and whether Thursday will bring more of the same; in company news, there’s a fight between German car makers; and in the cryptoverse there’s the possibility of a new Bitcoin ETF, this time, out of Hong Kong. Enjoy
The Intelligent Investor by Benjamin Graham: https://amzn.to/3TrEZyT
00:00 Introduction
01:31 Macro News
02:18 US Equity Charts
04:52 FX News
07:48 UK Equity Charts
08:42 Equity Futures
07:44 Company News
11:55 Commodities
12:42 Crypto
13:47 Thought for the Day
UK Earnings Calendar: https://www.tradingview.com/markets/stocks-united-kingdom/earnings/
Cited Articles:
Wall Street End Sharply Lower: https://www.reuters.com/markets/us/futures-tread-higher-ahead-latest-inflation-test-2024-04-10/
Fed Seen Cutting US Interest Rates Later: https://www.reuters.com/markets/rates-bonds/fed-seen-waiting-until-september-cut-rates-2024-04-10/
Barclays Expects 1 US Interest Rate Cut in 2024: https://www.reuters.com/business/finance/barclays-reduces-fed-rate-cut-view-one-2024-2024-04-10/
Volkswagen Q1 Deliveries Up: https://www.reuters.com/business/autos-transportation/volkswagen-q1-deliveries-up-2024-04-10/
BMW Q1 Deliveries Slightly Up: https://www.reuters.com/business/autos-transportation/bmw-group-sales-up-slightly-q1-2024-04-10/
Porsche Reports 4% Drop in Deliveries in Q1: https://www.reuters.com/business/autos-transportation/porsche-reports-4-fall-q1-deliveries-2024-04-10/
Mercedes Q1 Deliveries Drop: https://www.reuters.com/business/autos-transportation/mercedes-benz-q1-sales-drop-supply-bottlenecks-asia-2024-04-10/
New European EV Battery Recycling JV: https://www.reuters.com/business/autos-transportation/ascend-elements-elemental-strategic-metals-form-european-ev-battery-recycling-2024-04-09/
New Demand For Car Carrying Ships: https://www.reuters.com/business/autos-transportation/chinas-ev-export-boom-fuels-surge-demand-new-car-carrying-ships-2024-04-10/
New Bitcoin ETF Out Of Hong Kong Imminent: https://www.reuters.com/business/finance/hong-kong-set-approve-its-first-spot-bitcoin-etfs-april-sources-say-2024-04-10/
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