Prepare to ditch fuel

News for today, Tuesday, February 8

The US dollar has increased by 0.22% on Tuesday after a hawkish announcement of ECB officials in the last week. The euro has gained 2.7% then, yet hadn’t beaten the resistance level around $1.1483 and had consequently decreased to 1.1418. On the other hand, gold, usually moving controversially to Dollar, slipped down by 0.04%, still floating about one week high.

Tesla’s market share might plummet very soon. According to the analyst report, the market share is about to drop from 70% to 20% in the next three years. Although Tesla has shown an impressive performance last year, it is still worse than the year before. The competitors gain momentum in the production of EV’s. Chevrolet, Ford, Nissan, and Audi gain more and more market share. There is data proving the soon success of Tesla’s competitors. “More than 110 000 Chevrolet Silverado EVs are reserved so far”, “We have about 200 000 reservations for Ford F-150 Lightning”.

Traditionally, some sound of information warfare comes from the USA. Joe Biden warned Russia that in case of the invasion in Ukraine “there will be no longer Nord Stream 2”. US president hasn’t specified how are they going to ensure the gas pipeline is not used. The Nord Stream 2 is a Russian energy project aimed to double the amount of gas flowing straight to Germany, bypassing Ukraine.

The price of Brent crude is $92.02, WTI — $90.77, GBP/USD — 1.3535, EUR/USD — 1.1402, and gold costs $1820.95 per ounce.

News for today, Tuesday, February 8

The US dollar has increased by 0.22% on Tuesday after a hawkish announcement of ECB officials in the last week. The euro has gained 2.7% then, yet hadn’t beaten the resistance level around $1.1483 and had consequently decreased to 1.1418. On the other hand, gold, usually moving controversially to Dollar, slipped down by 0.04%, still floating about one week high.

Tesla’s market share might plummet very soon. According to the analyst report, the market share is about to drop from 70% to 20% in the next three years. Although Tesla has shown an impressive performance last year, it is still worse than the year before. The competitors gain momentum in the production of EV’s. Chevrolet, Ford, Nissan, and Audi gain more and more market share. There is data proving the soon success of Tesla’s competitors. “More than 110 000 Chevrolet Silverado EVs are reserved so far”, “We have about 200 000 reservations for Ford F-150 Lightning”.

Traditionally, some sound of information warfare comes from the USA. Joe Biden warned Russia that in case of the invasion in Ukraine “there will be no longer Nord Stream 2”. US president hasn’t specified how are they going to ensure the gas pipeline is not used. The Nord Stream 2 is a Russian energy project aimed to double the amount of gas flowing straight to Germany, bypassing Ukraine.

The price of Brent crude is $92.02, WTI — $90.77, GBP/USD — 1.3535, EUR/USD — 1.1402, and gold costs $1820.95 per ounce.