APPLE VS ANDROID: The Age of Privacy is here (06-04-21)

As the global Chip War continues, a new debate is beginning on privacy in phone systems and apps. Unicorn startups show signs of traveling to space co-financed by governments, and the US trade war against China continues to affect the exchange of these currencies.

Last week’s news about the Chip-War that do not stop causing those technology companies to skyrocket. This Thursday, signs of exhaustion began to be noticed in the transactional volume of most of them, leaving only NVDIA as the spearhead, driven by the high consumption of its processors in digital mining. Unlike other competitors who are not reflecting this in their quotes despite their good results.

Google (Alphabet), with its new Android project, a multi-screen and multi-layer system, follows its main competitor of the bitten apple (APPLE). This new system will make the tracking of users much more customizable and difficult to track without prior consent, having camera and microphone limitation options, after previous scandals aroused in regards to the abusive access of permissions of many Apps in respective stores. This announcement comes in what appears to be the beginning of an era based on the "privacy" many users have demanded for a long time.

This release links with the Unicorn startups competition, fully pumped financially by the state’s free checks. Now, Virgin Galactic has taken forward its new research contract aboard an upcoming flight that will take place in early 2022. Elon Musk, unlike Richard Branson, in lieu of focusing on his technology projects, heads the newscasts regarding Bitcoin (BTCUSD) one more time.

In spite of last year’s events in the aeronautical sector, their wings are opening to fly away towards summer tourism and extensive goods trading. According to Cinco Días, companies such as AENA and IAG look after Asia aiming to reduce distances within central Europe Hubs; This coupled with Boeing’s 737 Max catastrophic past may cause companies such as Ryanair to reject its receipt after delaying its certification of a custom version designed expressly for the airline, according to a statement issued by an executive in Reuters.

As regards Mining, it is noteworthy that Rio Tinto has made its first appointment to an Aboriginal board of directors, hiring the former head of the Western Australian State Treasury, Ben Wyatt, in an attempt to rebuild its reputation following the devastation at the Juukan Gorge sites last year as reported by Reuters.

As was foreseen, Biden, like other Democratic / Socialist parties in other countries, a proposal to this end has been made to establish a minimum corporate tax of 15%. It has yielded to the previous 28% proposition, considering the country’s ultra-liberal mindset was perceived as an excess. This type of maneuvers makes a contribution to proceed with the negotiations between Republicans and Democrats to seduce the former in their strategy by referencing steps taken for infrastructure packages. The company shares most affected by the mentioned measure were Amazon (AMZ) and QualComm (QCOM).

The continued United States pressure to China, generating the blockade and the blacklists of companies between the two striving countries, added to the war escalation in the East Region, will be clearly reflected in both currencies due to the fact that the Trump administration's policy came to stay (USD / CNH). The positive employment reports for May help to keep the same FED policy, this will balance the mismatch. 10-year bonds produced a 2% rise when the bell rang in New York. Today's session may set the tone for the trend for next week.

Gold (XAUUSD) lost value against the dollar by 2% and the yuan continued in its free fall against the dollar. This worries the People's Bank of China since it could affect exports, which could make the main Asian economy suffer. Despite China's attempts to push the yuan as a common currency in trade, and increase its economic footprint, this may force the People's Bank of China to acquire more foreign currency to offset its devaluation against the dollar while its reserve dollars have been gradually reduced. Perhaps this is not appreciated in a visible and tangible way in the currency exchange market, but those are signs revealing the yuan may gain relative strength, the involvement is that speculative traders may lose against the interference of the Chinese government.

The Philippine government recently acquired a loan from the Australian government, which may inflate the value of the Australian dollar against the US dollar (AUD / USD).

West Texas and Brent crude refined (USDOIL / UKOIL) remain in a band of USD 60-70 but with OPEC having announced cuts, it is possible to see a price increase towards USD 114 especially in the Brent Barrel in the face of 3 years, despite the fact that he is currently not fully off the ground.

Happy Trading and Happy Friday!

#APPLEVSANDROID #CHIPWAR #XAUUSD #XAGUSD #XPTUSD #XPDUSD #SGDUSD #SGDCNH #USOIL #UKOIL

* This article only expresses my opinion and under no circumstances represents an investment recommendation, but merely an educational document.