OSINT Drip 10-11-2021
After a bit of a hiatus welcome again to the OSINT drip. This week we mined more than 150,000 articles over the last week for market signals around interest rates and inflation with bridge_ci’s machine intelligence ecosystem (more information here).
Markets
The companies below are the most mentioned in financial media over the last week in addition to the segment market share.
Amazon led the way with some investors being recently bullish on the stock (which has remained mostly flat over the last year)
Facebook had the most negative sentiment due to a former employee who testified that the company was putting profit before safety.
Salesforce stock is on the rise due to cloud computing capacities.
Tesco could be a bargain with the FTSE stocks generally being undervalued.
Stocks of interest that you should be watching:
Zoom
Paypal
Cloudflare
SoFi
Netflix
Economics
The Dow Jones edged down almost 9 points on Friday, the S&P 500 lost 0.2% and the Nasdaq retreated 0.5%.
The US oil benchmark rose to above $80 a barrel for the first time since November 2014.
New orders for US manufactured goods jumped 1.2% mom in August of 2021, following an upwardly revised 0.7% rise in July and beating market forecasts of a 1% rise.
The number of job openings (black line) proved to be a leading indicator of factory orders as shown in the graph below.
The biggest increases were seen in:
transportation equipment (5.4%)
aircraft and parts (77.9%);
fabricated metal products (2%).
Some macroeconomic leading indicators to watch:
French industrial output - higher than forecasted
German industrial output - lower than forecasted
Eurozone retail sales - lower than forecasted
Canada building permits - down
To Watch For (This Week):
Investors across the globe will be waiting for FOMC minutes due Wednesday.
The consumer price report for September will show headline inflation rates bouncing back to 5.4 percent.
Britain's economic calendar is also packed with key updates on monthly GDP data, foreign trade, industrial production, and construction output.
In Asia-Pacific, China will be publishing inflation data, foreign trade figures, and monetary indicators for September.
Investors in Australia will turn their attention to employment figures, NAB business confidence, and Westpac consumer confidence.
We hope you find the intelligence helpful. Please reach out to hello@bridgeci.co with questions or suggestions. Prior OSINT Drips are below.