Pepperstone: Daily Fix - Pre-positioning in Nvidia drags down the NAS100. Equity bulls faced a frustrating day as hopes for new highs in the NAS100 and S&P500 were temporarily dashed. - Sky-Tide Marketing

Pepperstone: Daily Fix – Pre-positioning in Nvidia drags down the NAS100. Equity bulls faced a frustrating day as hopes for new highs in the NAS100 and S&P500 were temporarily dashed.

August 27, 2024

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Funny! Musk and Bezos took jabs at each other on X over Musk’s claim the Amazon founder was “telling everyone” Donald Trump would lose the election and to sell shares in Musk’s companies – which Bezos denies.

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Very funny! They found a way out: The largest bank in Russia has advised clients to seek loans in Belarus due to Russia’s monstrously high interest rate. The key interest rate difference between the two countries is striking: Russia at 21%, compared to Belarus at 9.5%

The key (or refinancing) rate refers to the interest rate at which commercial banks borrow money from the central bank.