European stocks on high ? Evergrande’s pain ? Tencent attracts ?

European stocks on high ? Evergrande’s pain ? Tencent attracts ?

good morning fellow flow bankers and welcome to the morning flow live i’m william here in sunny geneva sometimes snowy always geneva if you’re ready let’s talk about the markets [Music] the big story of the day european stocks had their best streak since 2013. you heard that right the stock 600 index rose 2 percent last month making august the seventh continuous month of gains and the longest period of monthly increases since the end the financial crisis european company q2 profit growth 250 it’s not a bad time to be in europe in the west the us dollar ticked up uh u.s stocks edged back from a record on the back of weaker consumer confidence and a pump in u.s home prices the ecb hinted at a reduction in monetary policy support and treasury yields advanced following losses in european sovereign debt in the east china continues to fight off monopolies a push that continues to weigh in on big technology giants 10 saw investors piling back into its stocks however where in beijing investors bought 745 million dollars worth of shares but that’s not all sunny over there evergrand group just warned that it could default on borrowings it’s got 7.4 billion dollars of maturing bonds due next year and it might have to sell its eevee division to finance it in other news alberts valued at one billion dollars filed for an ipo shortly after its swiss competitor on did the shoemaker beloved by our tech friends over in california produces 30 percent less carbon emissions and its supply chain is is completely carbon neutral since 2019 so hello esg while we’re on the tech side altium the software company saw city upgrading its stock to buy while lowering its target price and macri downgrading to sell here’s a fun fact remember the original four million dollar uh doge nft meme well it just auctioned off into 17 million erc20 tokens named dollar sign dog look it up so that’s it folks uh remember to press that little like button please subscribe to our channel and share our video to spread the love if you liked it uh and as always stay invested my friends [Music] you
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European stocks on high ? Evergrande\'s pain ? Tencent attracts ?

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