Key Dates from Last Week

Monday:

The inflation rate in Germany is rising again and is estimated to have been 2.9% in August. Rising fuel prices are the main driver behind this trend. As a direct result, German government bonds rose to a 15-year high, as an interest rate hike by the ECB becomes more likely.

https://www.handelsblatt.com/meinung/kommentare/kommentar-die-inflation-entlarvt-europas-grosse-schwaeche-01/100250741.html?utm_source=hb-morningbriefing&utm_medium=nl&utm_campaign=standard&utm_content=01092026

Tuesday:

The $625 (+2.03%) Shein IPO did not go particularly well. The stock slipped below its offering price after the IPO. Compared to earlier valuation rounds, Shein has already lost about 75% of its value. The business model is also suffering from high shipping costs.

https://web.de/magazine/wirtschaft/bruchlandung-shein-aktie-rutscht-boersengang-minus-42673624

Wednesday:

With $CVX (-0.36%) Chevron, the first U.S. oil company, has announced concrete plans to invest in Venezuela. A total of $7 billion is to be invested. Production is expected to double compared to previous levels.

https://www.handelsblatt.com/unternehmen/industrie/venezuela-chevron-will-mehr-als-sieben-milliarden-us-dollar-investieren/100251526.html

Friday:

In Austin, Texas, $TSLA (+4.4%) Tesla are now on the road. These vehicles operate completely driverless and have yet to prove that they can compete with Waymo from $GOOGL (+0.22%) Alphabet.

https://www.tagesschau.de/wirtschaft/unternehmen/tesla-cybercab-taxi-ohne-lenkrad-100.html