Wall Street Breakfast: Rough Week
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Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
Saxo Markets’ equity-themed travel basket is the investment platform’s worst performing basket over the past five years, losing almost 8% since 2017. Of the equities in this basket, On The Beach and TUI were two of the worst performing companies, losing 62% and 73% of their respective values over the past five years.
Technology stocks are expected to be particularly vulnerable when markets open on Monday, as one economist forecast an official rate rise to 0.85 per cent.
Nickel briefly crossed a record high of $100,000 a ton on 8 March. This has been caused by supply fears of for the metal following Russia’s war within Ukraine.
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