GE investor day ✈️ Bank worries hit sentiment🏦 Oil falls for a 4th day🛢️ US Jobs 💼

FlowBank's hand-curated fresh financial news [header_noDither] 10.03.2023 Good morning FlowBankers! Here's the latest market news, hand-curated by our research team. New: See our [LinkedIn](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlTt2-MJQV1-WJV7CgJ8rW50N4sn2SNYCfW8Mj8QS4C1dcXW6YzVKL8kmMWkW8-k7r52Y4Wd6W4MKrj07CMlN2W7VLz4f1yD5hXW1vGfdT25MRDdW43lJdq8Q0_79W19Jhqb8PK_ZgW4_Bjn86YQL55W8xV4hM1J0jQxW6LVSFk4Lwz_nW1fLgX091W6HcV9w7kQ6Lq8KbMTdW86tyVCbW7LDXhB6sNyD4W4GLCdg7P7jXyW5-3p3M7cb0fX39wB1) and [Instagram](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlT92-MJwV1-WJV7CgSxjW3Q_T7F5S5q5bVx1wFc1p2cgDW9hyn-Y2KYtd5W2nB-Yb1-__wZW2vv4Xj1RlJ6NW7hG8jB6PVvnWW1kH20f38DlcWW6rwHXX57jxf6W5rZLxJ3xq1bHVmxyFZ7ZzGRbN4CPJkRtsHDBW7_vPMZ4mpZK-W4sd4Jv5m3W4NW5VQM4P5wwmN2VBFQth39MhRdW7m6ZqB8q0-Wy35c11) highlights below The Big Story [ge903] GE share price rose 5.3%, hitting a level last seen in 2018 after the annual investor day impressed. GE forecast that revenue in its aviation business would grow by low double digits until 2025. The conglomerate has benefitted from robust aerospace demand as air travel recovers and the spinoff of its healthcare business. CEO Larry Gulp said that while GE is not recession-proof, the order backlog is very encouraging. [Start Trading](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlTN2-MK5V1-WJV7CgSk9W3hw1hS1bJvyXW2F9vnh2NSB7CN3gJHXNl92D6W5VpN7p3_j716W2L8zTc3dLjBtW4NR0qj6N-BgyW84wszS7n1p8KW17k9MD2DdcM_W9fqYHs5D1SXcW9m4Khl73x8FZW4NF0lW3-MYm_W8Lb11S6Q3B8KW87WTfY7J7CPDW1t0_yk7pm9ssW6XfWjz2V2gXwW3sxqV32656nZW4cLF4_7f38q9F7DmLRszPBJW2J_1Hm2jsd-MN4gGp1JscDWK3n0K1) Trader's Corner In focus • S&P 500 has fallen below the trendline support, which guided its recovery from the October lows, and below the 200 DMA. The price is also testing support of the trendline dating back to January 2022 at 3890. A break below here brings 3770, the December low, into focus. • Oil falls for a 4th day. Sellers will look for a break below $74.10, the March low and $72.40 to bring $71.20 in target, the December low. Economic data • BoJ rate decision, UK Q4 GP • German CPI, CAD employment • US non-farm payroll Earnings • AIA Group • ZTE Corp [Start Trading](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlTN2-MK5V1-WJV7CgRVwW66tDRm3SWGW-W8rTZJD6Zj_YpW2Pfwn61DGJ0PW5R-VPW624wQlW6cxVY36rFGVvW6Gmkyn8mJpMdN4ZLC40h4jhfW9f_VGJ1xbg7jW6Bzs_96tK-ycW5n67kG8Lwjp7W2JWclg6FjbtlW8NvclM4G75YdW5SQCHT90lN9FW6xZVv969ggWwW5qBSCS8FcNQhW19yHnW7g-nDRW6WZYrK8nfTvtW3Cp6xq1_Z26kW1JGBsZ7kD4MHW27Zsrm3_l3_43k6y1) Market Recap European stocks were mixed on Thursday, with the FTSE once again underperforming its European peers owing to a stronger pound. GBP/USD rallied 0.7% and EUR/USD 0.3% as the currencies capitalised on the weaker USD. Stocks on Wall Street dived to a 7-week low as banks rattled investor confidence. The S&P 500 banking index fell close to 6% on Thursday, marking its largest one-day selloff in over 2 years, as tech industry lender SVB Financials Group’s share sale sparked capitalization fears across the sector. Investors were also dealing with the decline in cryptocurrency-focused lender Silvergate Capital after it unveiled plans for voluntary liquidation. Today US bank jitters hit European stocks. Meanwhile, US futures are also falling as investors look cautiously ahead to the release of the US non-farm payroll report. Will it be another blowout report like January’s, which could fuel aggressive rate hike bets? Expectations are for 224k jobs to have been added in February. Chart Of the Day All eyes are on today's US Jobs report for February. Street forecasts for Non-Farm Payrolls are at around a gain of 224K jobs, but there are some whispers at closer to 300K. The US jobs report comes after January's report smashed forecasts and prompted investors to price in higher interest rates for longer. [US NF payrolls Jan 23](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlTt2-MJQV1-WJV7CgT2MW8zGJzX6_JGMBN3grwvR8lkk_N8pTdW7CrP6ZW12mKb91LCfHKN3561KmJLymGVPCjyg5dDJCXW4GWSmz2y68zsW28-4Tz2T59_9W38fsj38nL3zNW6M7vhs4n13pYW7l39Rc1gH2PfW3KN0Rm3whrNlW3g1kXv7KlKjmW16d03366vr2FW8w7G626CQ-BlW8FL1v24Mtr0JW4lZJBy1YXWtNVzTPKj814k5D37rp1) [LINKEDIN](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlTt2-MJQV1-WJV7CgBftW4bpx2n4fm7PFN29r58jGwx1RW6gr0Vp1sW0HqW8zG6gv78F5PQW2q74s38Mz5SgW71GF7M8PbTgFV3_NJv2tbpNmW7ssMtW1zTdmSW6Q1l0L81WtwnW5xzThp7QC-zwW25f7th8ztg4dN2D_PzPYNX05W6lfrhM6_JHxVVNFv_Q4yP-R8W4p-xyq1_QFCVW3J0nSN61bCvhW95S2mH155tq2W4Qz0Jz17qsrK3hcK1)Highlights Top 10 Largest Renewable Energy Companies 🔋 McKinsey forecasts that by 2035, renewables will generate 60 percent of the world's electricity❗ Is renewable energy an interesting sector to invest in? ⁣ Click [here](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlTt2-MJQV1-WJV7CgP_GW84d3Kt1lVsN2W6fLm5p1rZSzVW46GPb64CmGw2W8mNW3d2xsG40V3gRHS3YPcBvW8WgTFw4Xh3QnW2bFySJ876xlyW7rgzHq4kjh2gMnfcv7SVyXLW6VhZ1M8gmhVzVn62Z35rf4d8W8ryqzM6BwL4sW5DDqVp1DS10qW8_kZmn432t1MW3b2LVJ3VD_wXN3hxLsPq1qyLW457kDT4z_RfVW6JBq3L8YW_2-3pnR1)to read more. [Renewables infographic](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlTt2-MJQV1-WJV7CgzQjW5wgYsG1kPgQ0W3bhhnF8QTRY_W2T2p_m5DCvnlN6GJMF2tfCvxW3gGrT68fgHHzW5JpX-H9l7jBSW4bn-Gy2TMxcVW5N8CgP2p7FxHW3ZtV7F3P_rwqW5Zrh4d17VlthW87J94m1TdjXDW380HbC2kBsqlVzJBbB28Zd-vW7Yzm0j7lLfRbW1KQk5B6H1XVnW60KQF271LGB7W1Ggt2C4PWDR7W5cz1bf6Q0Kq63nY21) Celebrating International Women’s Day 🎉 [LinkedIn](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlTt2-MJQV1-WJV7CgHMsW5lBnzk2wJb8VW9czQhQ4b4NJGW7r-L6b6cPX4PW5pk_mh3NYLpMMnkBnCSXwPJW8ppHJ02fHWv0W3hmHct1-3tNjW9dXbbv8v89fwW7hcF0P21-zPtN1jXWNJh_XJrW65PpNt7PCJYBW1T5TfJ1Hyd_rW7Kxv2l9h8-BnW2kPq0S5TGZvsW1MbrRC2M1-K3VbSH1R7W2xjMW3ntPXp7KN2sKW6KbdqS558DNF393w1) poll: What is the % of mutual funds led by women? [Vote here, we want to hear from you!](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlV32-MKpV1-WJV7CgP9KW9lxTtX5zqy7_W68qYMV1MprwvW8fspPr6-N3FSW3rPgb82PKz76N1sL69hbCZF6N2KxM7HCch2TW19dW1P1X11r5W8cW30v5NgtFBW59-bX28tSdRzW5FjC0T8v7vq0W7JFLly3VD04CW8WS4HS1k37z5N71VKZFDWbdyW75SHDM6C2DtKW2XRdF-1LBwXWW6th-Wt5Sm_4RW8-9JL95kQPpvW8wv8fM7qwQcvN3yym_hcJdm3W3SV-CW7fTByDW5jrmrL8qH_2dW7QNHVG6CcwbL3jBy1) Poll of last week ([here](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlV32-MKpV1-WJV7CgDq5W8JFp0D2FSkhYW1v1Lcn6jqJlkVgCJ0D7Ymz-rW2B55fL7Fmfb4W2TK4zc7ttrDnW8Y_-kH4kLrQsN7K-JNs-MYtRVZcZMK7zjbjBW4t2Hbp1YJSSzW8Bd9Mv3lmjjhW7hRpHz1kXYfqW1xKFMb24v0YwW8twdMc4rP6s0W3R7fGk7xmXczW63wQ9C7RgDN_W1ff99s8QvsBwW4lr3372BZsWJN6_FpqcVDslFW2tBFt-6vRJS7W5_30HD68RP1GW50vHJb2V_h_4W3z3kD768sDJS3kdP1)): Preferred number of stocks to hold in portfolio Thank you for the 193 votes last week. Click [here](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlV32-MKpV1-WJV7CgWYRW470VDq1035DvW4Xscw27c8nv8W1hsPl-2HLsH4W5DK0dL2pTF_3W4YYz_y4HYV5gW5V_3xP2qBVzhW6hG0pz55H7ClN57l_H4qDmSGW3NwttK74Pr3DW2p4gZ627MxPkW6GNzYP83DK8jW3sVRBw17fYNfW25tWll8_hhlLN2kBy3GJSF9JW8mtFXF3LV-kgW9gFKX82kjRh5W5T7Grg6yjZm5W6qP6cK7zpVpqW2_qVvB8lW-qxW8BbJzQ9bcKwTV3YHDt9692BjW824KXm7LkJ9B3qh11)to see the answer. [INSTAGRAM](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlT92-MJwV1-WJV7CgCN1VD4tXt4Dg2rLN1R6zDtfpjjtW5hzKQd3z8kn8W5KQ-nH4BnWH9N88gRvjzktTFW9fbddt3pNvt4W2f7Pfn5rrTsSW1xSKCQ7T3GwQW4rpWK93gKyh5W3zM-lV68n9VmW8xFBSv89XT0XW80c7874w1fr_W1VTZRW7Tzks6W1K4hz-2KB643N2G9pR34NJwwW8W7H_v6YdZlG38ch1)Highlights 6 Inspirational Women Leaders 🎉 They have changed perspectives in their fields, and on women in general. ⁣ Click [here](113/cXx8Z04/VW-14n57573FN73WjbQ6G0S4W3S9mTt4XZpjrMLtlTt2-MJQV1-WJV7CgX6FW7-C_Rj569X95W6ySdFQ8Gd7LlVtpk37792G1GVVB-Wr94PvNpW2r6CcW13rW0HW4vfTMk2byMmbN4w8GLqM0__6W8z12FR8_lmCSW6JH8WL82GPX-W8q3Mbh895hZcW1dhgvz8nlH7BW8mnnxB6Fb8RCW3MslDh75VFp1N1W0ZtHHLsFVW1ZVnXt24D7c5W5QJ8P74hNTXkW4jCWq264nrRFW15xC1l6v6RLS32xd1)to see the carousel. 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