Nvidia's GTC23 🤖 Banking jitters calm 🏦 Amazon cuts more jobs🛍️ Oil appears oversold 🛢️

FlowBank's hand-curated fresh financial news [header_noDither] 21.03.2023 Good morning FlowBankers! Here's the latest market news, hand-curated by our research team. New: See our [LinkedIn](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZ72-MJQV1-WJV7CgG6qW5Mp2FF1yQbhPW922DBQ48JygyN49fWC7Xk91rW21fNfH25vjnfW4dP-lN3ybDqxW1G4LWC139wYNW6ly0Xp5XJMjvW1CjxDX5C2DKyW11vyct4XZhydW47l0Hg7bZFQtN7PfLHx4nt7mW2GxnFT2kRWl0W5b5JMF71Ghs_N4-C_13KhVZsW5d8Hy61_QWsmW46zJBp2W4sLZW3jH3X022HsgvW4dlLCV79tjfz38S-1) and [Instagram](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNYS2-MJwV1-WJV7CgXGvW24SVq26GHd_1W220XGh3YqpjdW4pjT8g91npscW12JJb86sQG_RW8X0wNm5Vt0slW43wt7p8f79t8N63-JRNyfWfWW8MKDwr1b9sh9W6w6ZkG81169hW77bMzl4F1bV6VVYDQd2yBrcpW5gMRvn4GjhDhW6DSJHT6r4ThNW83lbBJ6LrCTPW6j9c5b3YcYFNW3j102z7Cgjdp3c3X1) highlights below The Big Story [chip-1] NVIDIA kicked off its four-day annual conference on Monday, the highly anticipated GTC 2023 event. The firm will showcase its latest advancements in generative AI, cloud computing, the metaverse, and much more. Today CEO Jensen Huang is scheduled to speak. He is also expected to take part in a discussion with the chief scientist behind ChatGPT parent Open Ai on Wednesday. The NVIDIA share price has rallied in the week of its GTC event in four of the past five years. [Start Trading](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZr2-MK5V1-WJV7CgY-2W1Llkzp5k1FvwW5Hn95W33KP67W7lSdhW2NMbMSV4h5nL5cQBhhW1BP1Y_83lpP9W8tHWGP72v1rCW1QB5Gc4WCTYSW79w-G96VRs_lW7gLX_B1jKRlmW21TnJp2TXSZPW4dW23f3wkTRMW4jGz6G2Xbqs3W4QLPyT1R3DLVV4Wbz_4Fy0LkW7Wq1pn5jZcN1Vt4k7H3gSlgQW76ZQK362-jB1N6gcTLCmMrnXW7P5wPW66PkwDW3x_j6H3W6YVz3m3t1) Trader's Corner In focus • Cryptocurrencies are seen as an alternative to the traditional banking system. After spiking to a 9-month high, BTC/USD has pushed into overbought territory, which could make further gains towards 30k, challenging near-term. • USD/JPY continues to grind lower towards 131.00 as the USD remains pressured amid a struggling banking sector and excess liquidity ahead of the FOMC rate decision. Economic data • Ger. ZEW economic sentiment • ECB's Lagarde speaks • US existing homes sales • Cad. CPI Earnings • Nike, • Tencent Music • GameStop • Kingfisher [Start Trading](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZr2-MK5V1-WJV7CgzM6N3v74Gf4HgXZW52hVTc2DF9HJW5l1_V92qWjfpW101D7s4cLl7YW5rkQlT3vHcV8W63FtvD7wQgtLW7g3tQf2YsLhHV_fMp14rsyrrW1MsS0p8vYDZ1N7VSY90N_c3tW87JbDM54pHRSW34Z7Zd6klJ9DW2J9wxB2zYlZ5W11-mYj87ThMpW3v1yv91JxrqXW31CL2M49SDz6Vccbvk8W4X8LW40C0yT5g_92BW7n409j2nnGWJW61k0_s6yXg8r32Nt1) Market Recap Stocks in Europe closed higher after UBS’s acquisition of Credit Suisse calmed nerves and boosted optimism that the banking crisis could be contained for now. ECB President Christine Lagarde said that the central bank was ready to respond if needed. The 3 main indices on Wall Street also closed higher, with the Dow outperforming its peers as banking stocks rebounded. First Republic Bank was the exception and continued to free-fall despite to $30 billion injection last week. Amazon was closed lower after announcing 9,000 more job cuts. This morning, stocks are rising cautiously on hopes that a line has been drawn under the banking troubles and as investors look to the start of the Federal Reserve’s two-day meeting ahead of tomorrow’s rate decision. Chart Of the Day The banking stress has caused traders to panic over future oil demand. Looking at the RSI indicator, WTI Crude oil appears oversold after the recent fears over a possible hard landing. [Oil 20032023](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZ72-MJQV1-WJV7CgBwkW8Xw-MJ67PBtmVqgh7T1D42VfW2bRfXy6nR_DJW4f1GlC7_z303W3F5PHF5mCpLjW7GlrTj92_MBjW4bMTX_46CS5xN4bNvRRDx9vSN8Cxh6h2q4ryW7YyDg02vn0djW6j2g8c5TG1QTW1FC0Vx7T8kKvV8HW7Z8_kCJNW2NGDC-1Fs7n6W96FM6626-1lpW1Bn1bM7S7RLhW1_4w478RPk2cW6mzkSn6WmhSk37Rj1) [LINKEDIN](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZ72-MJQV1-WJV7CgPk6W7TVkKX2KL9QGW3QHL7Y6FLmzWW5Yy8wn52Ly1GN6bM6xPV_ZT3N55zC3jZMKjMW4nByxH7R3hFTW88gqFL87BN27W130V9m5CslK6Vzbgl42l7gHYN3ppDm6GQzbzW8Kzbjz45NrfYW6DYJ5v6nybzNW3C9zt68D40gsW3n-NqX6p0Yc0W7lgh6q7F_l12W1V1L497HwzttW6RJqD75q6Y3MN5BwmXTj986T34M_1)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/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZ72-MJQV1-WJV7CgBJNW4KBCR87hs1-mN8TplLG1ZfvYW8LM87F8ybkp7W4VbF7m9g18BMW8_L7V_3YPcflN2HTvCxjr3WZW3k5F4Z5sMQNzW2r7Njx8n-JDjN4dt294KWQ0VMDVrhrSQkDdVPNdph3FLpx9W4GMMZr4StTBwW4_mTfH6v-S0jW3z-YdK1WkbR1N693Jcr_7rxtVyLSDl7qHF6DW2XZJs07DLYcMW14X-993LCRCF31zh1)to read more. [Renewables infographic](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZ72-MJQV1-WJV7CgDHlW8WMh465Mf-pKW2QqcBv2Mx6tfW6WyskR4SBTZwN7xHhmnQ5lDKW6msLPG5Wd1lFN8Zy8RcMNYWdW4g5Lt-21hYfbW563gpv3p1-lZW4PbNCz4WW5LcW8z30fn2T12jsW3202802x2BM8W1yXn1L7PnfSbW8TQsGG7CFcC7W4z9dTc1PYx8FN7NY78pQmWf8W2bkXMv4Yxb0qW8p4V-07dTHQHW2_Qt2F1V50l82551) [LinkedIn](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZ72-MJQV1-WJV7CgC6gW2--vpP62mdxdVRcc3r1skLjMW4vmpQ27gQwFRW84S-7y6P183NW4wgfM262Rv8pW22qBRd6tfTp8W6mF-q16V1CwxW1DxHFT9jdX1dN3JSCYJ8rkKNW13tmxL2sxKxmW84L3_B9b5K2LW1lDFQb1j-JvkW55pDLz5WRysTW3bTdFN7QHWDfW77lPMz9fysKXVwKqT_2xHP2KW8G-DXj480V-1W5tDfz_3_9Dn_3lVs1) poll: Is the Fed nearing the end of its hiking cycle? [Vote here, we want to hear from you!](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZL2-MKpV1-WJV7CgZN-W7Wp2852dplDxW1ZDgBM8ZYVLrW75q8f446FkYJW5bY-zC4fkNDTW43Mrcv3TWvRFW5RKcnG137_ZMW1kt9k-2Wysn-N2WZpz5wTKy9N7CDyHdznDcdW21MrPQ1-TwJ9V_w3S72bJzypW6bLvhy7HNJV_W2T7lxn98vw_KW7wn0mq2-ngX9W89sBNC9c2wL_N1cL-KW9Fzx6W6t5-MM913xkZW7V8snc3p1CKYN8Pdh2tl-fmqV4sHt-4DHvhpW7k36TS7GZhmvW4VbPPp3XggHz3dFt1) Poll of last week ([here](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZ76XSK9V5X_Kf7CgNgLW5ndFwB3jCHzHW6P75R-1Fmq6lW8s27rx2Vyq1qW92KK094v1qc9V1fxxM7KyN-0W1gTDCf6w4hGjVcDQ2914DMyMV-y8cL6lZhcMV_Jf4c9bsqzSW5THLSs2vD02PW19JVDP1JB7fwW2nfQDH5BDkjtVYX_Mv67WT8qW85Mjzb3GyGrqW7D3VJ527X_ycW6nDPDb2pYZ83N7nl9Z4Zfq3FVg4zFJ6_Px0xW3YXW_3504gW3W5ylzH26qRWt5W6JYvF18lWg4fVKfR518zfTJTW8D3btt4wsmsrN2KmdsryGg1qW5qsDP14sHxRqW7W3JjK7_RbgtW1HpNBN1N7wyVW31230C42jp_2W54k5DR1QvlhNW1P5QXZ2KM5dhMsgs0KVZjG-W2XqjxW4fplkBW1bVl5x1BMkxMN6YcgDfTwPJ3W7-vHsW98J8CPW2t1DB48QTC5WW5bgrRL827gNyW4yB5bd94b5TzW7DGLk15WXqznW5K94Km9kxrn8W7Qtbtd2zXDM1W1zfs8L6rRsgQW775_Sv7dRZ9pW4SqYhV3qNBLPW7N9cWw3wVMSPVkkF_22zlKFqW5Z4rN43zhk1fN560GFxSXJz5W7qPR986CnrltN4Rk_zhd1Ys-3dm-1)): The % of mutual funds led by women. [INSTAGRAM](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNYS2-MJwV1-WJV7CgMFZN6y5gLMhv3THThqFs4n2H58W23vRwK79ZyGsW5699_g7lVvv5VXTwCj7-765rV8VZcF4nGtLLVPXpBS219--_W5hgZHG9jmb54W5HFWFj44wm4kW3ccX7m88LwLxW4cZkq97wZSSLW8Tx7RT1mjcrqW2kk0nj4L0q--VBqV0d66vPrNW3xJcyx2vV5lbW2bKSln6LN9_H3hN41)Highlights Will the global 🌍 consumer surge 📈 be bigger than ever in the retail 🛒sector❓⁣⁣ 🎉 Take a closer look at the companies that are competing in this flourishing market, stay tuned to learn about investing in the retail sector. ⁣⁣ Click [here](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZ72-MJQV1-WJV7CgLvbW2k3DDN7wGtlDW5Xq0v54zP63CW6ddMQm3yR3-kW8LBH4s3sMKq6W2ldnh_7Pw13CW7-fXYC8ZWw2cW7zYph39hLWWTW5LGsKp7kzFT4Vqm80d8c_Y2LW87QDcb1fqctjW2l_Rny9krtMTW4xmp_g1qLQHFW5D85hJ6XkvkgW6bw9h56jBTL1N6j5L649m2qgMbprSksjsWxW2K38gF5MrjkYW4mPXF_5fJp0R3b9V1)to see the carousel. [IG retail](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZ72-MJQV1-WJV7CgMWsVdN-KL434x4cN60pjRRmS8Y5V4ff4Y2mlTfFN45vYCXVWFrhW2nJC4r6Q_xMMW1-tNkw8kdzmyVjh68t56DlcNW57T3PJ1ZFN98N1dNztVgWxrtW3rXZDy3NQw-WW5QXNPd3HV5sfW5mGFKp7by-HvW12BGjP31Wf4_W9gbqJl7MQwB2VHzq1k2SZfNLW63Yp5B8q3nNtW2yP7J47wZ-mZW880sQb1kLsmh37wQ1) FlowBank Blog Forex trading: All eyes on the FMOC. EUR/USD, GBP/JPY, USD/CAD, XAU/USD [Trading pexel](113/cXx8Z04/VWZ4mW5XdPfcW2cqw2L3WvTW5W74N_GZ4Yn-fDN6-TNZ72-MJQV1-WJV7CgHCGN7z6tPSK8H_0W7jnJ4c61l8qSW4WryDg7mDKCMVKLFqm1-2vdqW2w7s8G1JYN2SVrXCFQ2cG-vtW2FLwS56J_Pk8W6kJfjT15VpPyW80QNcM34L658W6vb6gm6dBpngW6nFfS57ZL4gkW4268yD4jjsk4W56m2b54T2SdWM9TG9vdp141W2Qz4VG5ClL6rW7N9bsd3VMqFwVfNVLV5r06NMW4RMbCf4bVG-W3nrP1) Markets have been on a roller coaster ride. Here are our latest forex trading ideas for EUR/USD, GBP/JPY, USD/CAD, and XAU/USD. 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