Stocks

Key points The FTSE 100 opens higher following stronger-than-expected UK GDP figures. Positive economic data sparks a cautious optimism in market forecasts, influencing company strategies and investor outlooks. The FTSE 100 is experiencing an upswing, buoyed by the UK’s latest …

Key points EUR/USD tests resistance at 1.0790 with potential to reach 1.0810 or 1.0865. Stock market rebound led by Utilities and Consumer Staples, showing strong gains post-April. After a rebound from the support level of 1.0725, the EUR/USD pair is …

Key points Hong Kong’s Hang Seng Index and HSCEI experienced significant declines as markets brace for upcoming Chinese trade data. Investors are closely watching for insights into China’s economic condition through detailed export and import figures due tomorrow. On Wednesday, …

Key points RBA Interest Rate Hold: The Reserve Bank of Australia keeps rates steady at 4.35%. Global Stock Resilience: Despite challenges, global stocks show enduring strength, partly fueled by corporate earnings. The Reserve Bank of Australia (RBA) has chosen to …

Key points The Nikkei share average fell by 1.6% to 38,202.37, erasing previous gains. Corporate earnings and U.S. economic indicators significantly influenced market movements. Japan’s Nikkei share average dipped over 1% on Wednesday, retreating from the multi-week highs observed in …

This week, the financial markets have displayed resilience, particularly evident in U.S. stocks buoyed by an impressive earnings season—the most robust in nearly two years. The S&P 500 reported a notable 5% year-over-year growth in earnings per share for Q1 …

With 65.61% of traders expecting a downturn in USD/JPY, conventional wisdom might suggest preparing for a decrease. However, the market often defies direct expectations, and the relatively high ratio of bears might hint at an overcrowded trade. For EUR/JPY, the …

3rd May 2024 — Australian shares exhibited an observable increase, with the S&P/ASX 200 Index climbing by 42.00 points or 0.6%, to settle at 7,629.00. This rise came as investors positioned themselves ahead of the release of the US jobs …

Over the weekend, Tesla CEO Elon Musk announced that Tesla’s advanced driver-assistance system, Full Self Driving (FSD), has been cleared for sale in China, prompting a 15% surge in Tesla’s stock on Monday. This move marks a significant expansion for …

4 April 2024 – Mainland China’s stock indices experienced slight declines today, with investors adopting a cautious stance in anticipation of the long Labor Day holiday and critical upcoming events. The Shanghai Composite index saw a marginal drop of 0.12% …