Bitcoin sets new record in Europe with mixed market trends

Bitcoin sets new record in Europe with mixed market trends

Today’s trade review covers a variety of financial information, including current reports, trends, indices, stock prices, bonds, foreign exchange, commodities, and analyst recommendations. Currently, European stock markets are trading in a mixed trend, with the British FTSE down 0.1%, the German Dax up 0.3%, and the French CAC up 0.6%. The price of Bitcoin continues to break records, reaching a level of $73,461.

In Asia, the main indices are also trading in a mixed trend, with the Nikkei up 0.2%, the Hang Seng down 0.9%, the Shanghai Stock Exchange down 0.1%, and the Kospi up 0.8%. In the US, futures are trading positively, and last night on Wall Street, the main indices closed in a mixed trend, with the Nasdaq down 0.5%, the S&P 500 down 0.2%, and the Dow Jones up 0.1%.

Notable stock movements include Tesla, which dropped 4.5% after Wells Fargo analysts lowered the target price to $125 from $200 and rated the stock ‘underweight’. Chip stocks also traded negatively, with Nvidia down 1.1%, AMD down 4%, Qualcomm down 2.2%, and Broadcom down 2.6%.

In the American debt market, long-term government bond yields are slightly higher, with the 10-year bond yield at 4.19% and the two-year bond yield at 4.64%. Oil prices jumped by about 2% following production disruptions in Russia due to Ukrainian drone attacks, with the price of Brent at $83.

In the macro sector, inflation data in Spain and the US producer price index are expected to be published later today. This review provides insights into key market movements and trends across different financial sectors for investors to stay informed and make strategic decisions.

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