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Tesla Stock Price Rallies, Inflation, Fed And Crudeo Oil Price - Swissquote's MarketTalk

Tesla Stock Price Rallies, Inflation, Fed And Crudeo Oil Price - Swissquote's MarketTalk| FXMAG.COM
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Equities rallied and treasuries dived yesterday, as a sign that investors are cheering the Federal Reserve’s (Fed) plan to deal more aggressively with the skyrocketing inflation – which is certainly more toxic in the longer run than higher rates for the economic tissue. The S&P500 had another strong session yesterday gaining more than 1%, and Nasdaq rallied close to 2% as technology stocks led the rally. Tesla gained close to 8%, GameStop soared more than 30% as AMC gained 15%. Chinese stocks had another great day as well. Alibaba rallied 11% yesterday, and more than 55% since last week. Meanwhile, oil trading is hectic these days, as prices swing between those who rush to sell the top near the $115pb level, and those who rush to buy below $110pb. The news that Germany and Hungary are willing to put the brakes on a potential Russian oil embargo softens the bulls’ hands in the short run, as the long-term outlook remains positive. Bitcoin struggles to clear the 100-DMA resistance, and Cable tests 1.33 after inflation data surprised to the upside this morning.

Watch the full episode to find out more!

  • 0:00 Intro
  • 0:27 Market update
  • 2:37 Tesla rallies, Elon dances
  • 4:28 GameStop, AMC, Alibaba & Tencent gain, but optimism may not last!
  • 6:11 Bitcoin struggles near 100-DMA
  • 6:46 Oil undecided near $110ob as the West prepares more sanctions
  • 8:28 Cable tests 1.33 as UK inflation advances to 6.2%

Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020.


Swissquote Bank

Swissquote Bank

– the Swiss leader in online banking
As a leading provider of online financial services, Swissquote offers innovative solutions and analysis tools to meet the wide range of demands and needs of its clients. The user-friendly platform also delivers forex, robo-advisory, leasing and mortgage solutions, as well as various online trading services. In addition to a low-cost service for private clients, Swissquote also offers specialized services for independent asset managers and corporate clients. Swissquote Bank AG is subject to the oversight of the Swiss Financial Market Supervisory Authority (FINMA), holds a banking license from the same authority, and is a member of the Swiss Bankers Association. The parent company, Swissquote Group Holding AG, is listed on SIX Swiss Exchange (symbol:SQN).


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