Nvidia hits USD 3.6 trillion milestone, Bitcoin tops USD 81,000
Description
Donald Trump's presidential victory boosted US equities, with gains led by banks, energy and small caps – the S&P 500 had its best week so far this year. Bitcoin crossed USD 81,000 for the first time ever and Nvidia became the first company to surpass USD 3.6 trillion in market value. Meanwhile, China’s economic stimulus disappointed. Key economic data and earnings reports are due this week, including AstraZeneca,Siemens, Alibaba and Tencent. Also watch for news on Trump cabinet picks. Mensur Pocinci, our Head of Technical Analysis, notes that US equities have more upside, while gold is in a healthy consolidation.
00:00 Introduction by Helen Freer (Investment Writing)
00:24 Markets wrap-up by Mike Rauber (Investment Writing)
06:54 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis)
09:21 Closing remarks by Mike Rauber (Investment Writing)
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