Myra Gaskell

Focus on defensive stock with a medium to long-term horizon

[Myra Gaskell @Daisyfinance]

Egyptian Prime Minister Madbouly said the government has identified $9 billion in assets to be monetized, and another $15 billion will soon begin to be ready for delivery.

[Myra Gaskell @Daisyfinance]

FTX's CEO revealed a 7.6% stake in Robinhood Markets Inc, controlling 64% of the outstanding voting shares. shares of Robinhood rose more than 27% in after-hours trading.

[Myra Gaskell @Daisyfinance]

A weighted average of 9 of the top 10 stocks for retail investors are U.S.-listed technology stocks, which account for more than 50% of the entire portfolio and have lost heavily, down 31%.

[Myra Gaskell @Daisyfinance]

TerraUSD is the so-called stablecoin whose price plummeted this week. It fell further to 30 cents before recovering to around 60 cents. It is now the twelfth largest cryptocurrency with a market cap hovering around $8.6 billion.

[Myra Gaskell @Daisyfinance]

Prologis offered to buy smaller peer Duke Realty Corp in an all-stock deal worth $23.7 billion, and its shares rose 22 percent in pre-market trading.

[Myra Gaskell @Daisyfinance]

Ukrainian power company Ukrenergo has paid $28.4 million on time as the first coupon on its initial five-year "green" Eurobond issue.

[Myra Gaskell @Daisyfinance]

Egypt expects a budget deficit of 6.1% of GDP in 2022/23 and interest payments on government debt to increase from £579.58 billion this year to £691.15 billion in 2022/23, down from an estimated 6.2% in the current fiscal year.

[Myra Gaskell @Daisyfinance]

Oil prices fell along with Asian stocks Monday, with Brent crude down 28 cents, or 0.3 percent, to $112.11 a barrel. U.S. West Texas Intermediate crude was down 41 cents, or 0.4 percent, at $109.36 a barrel.

[Myra Gaskell @Daisyfinance]

Indian stocks closed more than 1 percent lower on Friday, with the NSE Nifty 50 Index (.NSEI) down 1.63 percent to close at 16,411.25 and the S&P BSE Sensex (.BSESN) down 1.56 percent to 54,835.58. The Indian rupee fell 0.9 percent to 76.97 against the U.S. dollar.

[Myra Gaskell @Daisyfinance]

Chinese stocks rose 0.7 percent (.SSEC). U.S. gold futures closed up 0.4 percent at $1,875.70 an ounce, giving back more than 2 percent of its gains.

[Myra Gaskell @Daisyfinance]

Australia raised interest rates by 25 basis points to 0.35% on Tuesday, exceeding market expectations, after Sweden raised rates by 25 basis points last week and raised rates at an upcoming meeting.

[Myra Gaskell @Daisyfinance]

The ruble rose 0.3% against the dollar to 72.59 before easing 0.5% to 75.75. The ruble-based peer MOEX (.IMOEX) rose 1.9% to 2,470.7 points.

[Myra Gaskell @Daisyfinance]

The UK long-term marker proposal includes a 60% to 70% reduction in the risk margin for long-term life insurers. The reforms are likely to reduce the overall capital level of life insurers by approximately 10 to 15 percent.

[Myra Gaskell @Daisyfinance]

Russia central bank stops selling converted shares Investors who buy depositary receipts (GDRs) of Russian companies traded on foreign exchanges to exchange them for shares will not be able to sell them quickly.