The global energy markets have been under a lot of pressure lately as mounting oversupply worry and slowing GDP growth combine to scuttle the 2018 rally. WTI and Brent are both down more than 30% from their 2018 highs and may continue lower in the near-term as traders wait to see just how far oil […]
What Will Happen To Bitcoin Now The entire cryptocurrency market bled cash in the last week to hit new lows. The move was swift, unexpected, and left many traders wondering if their holdings would be worth keeping, or if it was time to get out. While that question is yet to be answered there is […]
The Hawkish Fed Statement Has The Dollar On The Move The FOMC statement produced no changes to policy or outlook. The news, as a whole, is good for the market as it gives affirmation of positive economic growth and outlook for growth. The news is bullish for the dollar because outlook/expectation the FOMC would slow […]
Equities Surge On Earnings, The NFP Report Boost The Dollar Global equities are rebounding from their October lows as strong earnings sweep the globe. The US market is leading with gains greater than 6.5% as the week closes out, and they are well supported. Not only are earnings positive the outlook is brightening as trade […]
Uber tests brand new service in USA Taxi and car-sharing service Uber have been trialling new services in the United States following the success of their original platform on a global scale. Diverse Offering Since its launch in 2009, Uber has begun to diversify from simply offering an alternative cab service, most significantly branching out […]
Earnings Are Good, Outlook Is Cloudy Global fear escalated to a new high over the last week as the Jamal Khashoggi murder added worry to an already overburdened market. The S&P 500 fell more than 5% in the week, extending the correction to 10%, and it looks like it could go lower. Although the Saudi […]
Cash injection saves Patisserie Valerie Patisserie Valerie has been pulled back from the brink of collapsing by entrepreneur Luke Johnson, who has provided the company with a £20 million loan. £10m Over Three Years Mr Johnson, who currently owns 37% of the company, has agreed to provide £10 million for a three year period, which […]
Will Bitcoin Ever Move Higher? The price of Bitcoin has been languishing at long-term lows for many months. The coin has tried to rally several times in that period and recently broken out of a down-trending channel. The move had traders hopes high and yet still no rally has formed, no market follow-through is seen, […]
In early October, the FTSE 100 closed at 7318 points – which is 99.8 points down. To put that number in context, that’s a decline of 1.15% across the index. The FTSE 250 also suffered a dip of 170 points, closing at 19,918 points. The decline has since continued, with the Footsie hovering just above […]
This Is How You Should Trade Equity Markets Now The US equity market and the equity markets of countries around the world corrected on the eve of peak earnings season. The major global indices fell more than 7% in most cases, driven lower by fear of rising interest rates and declining earnings growth, but the […]