𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟭𝟵.𝟬𝟱.𝟮𝟬𝟮𝟮

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𝗚𝗲𝗿𝗺𝗮𝗻𝘆🇩🇪:

1. Mercedes' new luxury strategy

The carmaker $MBG (-2.54%) is realigning its portfolio, aiming for a 60% increase in ultra-luxurious cars. China has introduced a new vehicle class. From 2024, the entry-level class, which includes the A-Class, GLB and CLA, will be reduced from seven to four body types. According to the company, the B-Class, for example, will be taken out of the range. The A-Class in its current form will also be phased out soon.

🟥 $MBG (-2.54%) Mercedes AG (🔽-1.66%)

ARTICLE: https://bit.ly/3Mx7A11

𝗘𝘂𝗿𝗼𝗽𝗲 🌍:

2. The euro approaches parity with the dollar

The euro is nearing parity with the US dollar for the first time in 20 years, but currency experts are divided over whether it will reach it and what that would mean for investors and the economy.

The euro was holding at around $1.05 in Europe on Thursday morning, after falling steadily for almost a year to around $1.22 in June last year. Earlier this week, the single currency fell to just under $1.03. Risk aversion in the markets has boosted the dollar as investors seek conventional "safe havens" amid concerns about Russia's war in Ukraine, rising inflation, supply chain problems, a slowing economy and monetary tightening.

🟩 EUR/USD 1.0562 (🔼+0.95%)

ARTICLE: https://cnb.cx/3PHhgIy

𝗔𝗺𝗲𝗿𝗶𝗰𝗮🌎:

3. Ford recalls 39,000 SUVs

Ford $F (-1.21%) has issued a recall on 39,000 SUVs in the United States following reports of 16 engine fires. Reports have stated that the engine of some 2021 model year Ford Expedition and Lincoln Navigator vehicles could explode while parked or being driven. There has been one injury, no accidents, and 14 of the 16 engines were owned by rental companies.

🟥 $F (-1.21%) Ford Motor Co (🔽-0.41%)

ARTICLE: https://reut.rs/3G28xfr

𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆🔔:

🟩 TOP, $INO Inovio Pharmaceuticals Inc (🔼+13.32%)

🟥 FLOP, $CSCO (+0.97%) Cisco Systems Inc (🔽-13.62%)

🟥 Most searched, $AAPL (+2.87%) Apple Inc (🔽-2.90%)

🟥 Most traded, $TSLA (+6.49%) Tesla Inc (🔽-1.13%)

🟥 S&P500 3.890,02 (🔽 -0.86 %)

🟥 DAX 13.866,66 (🔽-1.01%)

🟩 $BTC (+1.27%) Bitcoin ₿, $29,740.60 (🔼+2.79%)

Time: 16:45 CEST

Did you know that J.P Morgan's uncle (James Lord Pierpont) wrote the hit song "Jingle-Bells"?