🍪 Cookies

We use cookies to store, access and process personal data to give you the best online experience. By clicking Accept Cookies you consent to storing all cookies and ensure best website performance. You can modify cookie preferences or withdraw consent by clicking Cookie Settings. To find out more about cookies and purposes, read our Cookie Policy and Privacy Notice.

Cookies settings


Cookie Control

What are cookies?

Cookies are small text files that enable us, and our service provides to uniquely identify your browser or device. Cookies normally work by assigning a unique number to your device and are stored on your browser by the websites that you visit as well as third-party service providers for those website. By the term cookies other technologies as SDKs, pixels and local storage are to be considered.


If Enabled

We may recognize you as a customer which enables customized services, content and advertising, services effectiveness and device recognition for enhanced security
We may improve your experience based on your previous session
We can keep track of your preferences and personalize services
We can improve the performance of Website.


If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies


Strictly necessary means that essential functions of the Website can not be provided without using them. Because these cookies are essential for the properly working and secure of Website features and services, you cannot opt-out of using these technologies. You can still block them within your browser, but it might cause the disfunction of basic website features.

  • Setting privacy preferences
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Analytics and performance tracking technologies to analyze how you use the Website.

  • Most viewed pages
  • Interaction with content
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Promote our services on other platforms and websites
  • Measure the effectiveness of our campaigns

Overview of TOP weekly news

Overview of TOP weekly news

Tesla made it to the S&P 500 index

The shares of electric car manufacturer Tesla will become part of the S&P 500 stock index. After the end of Monday’s trading, the index operator, S&P Dow Jones Indices, announced this. The inclusion of the company’s shares in the index has long been speculated. Tesla’s stock market value reacted positively to the news and the company’s shares rose by 12 percent.

According to available reports, the company will become part of the index as early as December 21, while it will participate in the overall development of the index with other companies that are part of it in the range of approximately one percent. With a market capitalization of nearly $ 380 billion (during Tuesday’s trading day), the carmaker is likely to rank among the top 10 companies.

Development of Tesla shares over the last year. (Graph source: Investing.com)

 

Buffett sold part of Apple’s shares to invest in the pharmaceutical industry

It is no secret that the shares of pharmaceutical companies are rising during the coronary crisis. Evidence of this is also the Pfizer stock, which has seen significant growth due to the high efficacy of the COVID-19 vaccine. Warren Buffett, a “fortune teller from Omaha,” also decided to use this factor.

His company Berkshire Hathaway sold 36.3 million shares of technology giant Apple in the third quarter and subsequently bought shares of pharmaceutical companies Merck and Pfizer. Berkshire Hathaway announced its actions to the Securities and Exchange Commission last Monday.

 

After three years, Bitcoin crossed the $ 17,000 mark

The most famous cryptocurrency in the world for the first time since 2018 reached the limit of 17,000 USD. Since the beginning of this year, the price of Bitcoin has doubled. Some experts believe that the current development can be compared with 2017, when the price of cryptocurrency reached its historic maximum above 20 thousand USD.

The growth is attributed not only to the continuing easing of central banks’ monetary policy, but also to the outcome of the US elections, which have shown that finding political agreement will continue to be challenging. In addition, in May 2020, the so-called division of Bitcoin took place, which limited the reward for its further acquisition for miners. The split effect has driven the Bitcoin price up for several months in the past.

Development of the value of Bitcoin since the beginning of its trading. (Graph source: coinmarketcap.com)

 

Air transport will reach 45 to 55 percent in 20121 in 2021

After the outbreak of the COVID-19 pandemic, air transport is facing a huge drop in revenue. According to the French airport operator, ADP should begin recovery in the spring of next year. The company, which operates two Paris airports, expects a gradual increase in demand for air services from April 2021.

In October, interest in airport services operated by ADP fell by 56.8 percent year on year. The second wave of COVID-19 and the measures associated with it had the greatest impact on this. A total of 9.1 million passengers passed through the network. At Charles de Gaulle and Orly airports, air traffic fell by 75.6 percent year on year and a total of 67.3 percent since the beginning of the year.

 

Keep an eye on this week:

Wednesday, November 18, 2020

The United Kingdom will publish the consumer price index for October, which is expected to increase from the previous 0.5 to 0.7 percent.

Thursday 19 November 2020

A speech by Christine Lagarde, President of the European Central Bank, is expected.

 

Text source: Investing.com, Financial Times, Coinmarketcap.com, FXstreet.com

Disclaimer: The content of the Reports constitutes Marketing Communication and does not constitute Investment Advice or Investment Research or an offer for any transactions in financial instrument. The content of the Reports represents the view of our experts on a generic basis, and does not take into consideration individual readers personal circumstances, investment experience or current financial situation. In addition, the Reports have not been prepared in accordance with legal requirements designed to promote the independence of Investment Research, and are not subject to any prohibition on dealing ahead of the dissemination of Investment Research. Readers using the Reports should consider the possibility of encountering substantial losses. The past performance is not a guarantee of future results. Therefore, Goldenburg Group Limited shall not accept any responsibility for any losses of traders due to the use and the content of its Reports.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the Risk Disclosure and Warning Notice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.