FTSE100 – Point & Figure The FTSE 100 looked to ride the tailwinds of positive sentiment sweeping through US markets today but instead failed to maintain a reasonable start, ending the session down and 7 points in the red. However, t...
Read MoreBy Klavs Valters @klavsvalters One of the must-watch economic events this week will be the Bank of Canada interest rate decision. The rate decision is due to be announced at 15:00 PM London time on Wednesday. Why is the announcement importan...
Read MoreNZDJPY- Daily NZDJPY- The Japanese Yen finally regained some ground against the US Dollar during this afternoon's London session but continues to display weakness against many of its counterparts. In particular, the NZDJPY and AUDJPY crosses ...
Read MoreBy Klavs Valters @klavsvalters 2020 was a good year for electric car space. We have seen shares of most electric car makers surge considerably and take steps to take the industry to the next level, most notably Tesla and NIO. Top 5 automaker...
Read MoreUSOIL- Hourly USOIL- It's been an impressive start to the year for Crude Oil prices so far, with prices steadily rising to over $50 per barrel and returning to pre-pandemic levels. It would seem many underestimated such a speedy recovery. ...
Read MoreBy Klavs Valters @klavsvalters It’s a new month and a new year – which means the latest Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data will be released at 1:30 PM London tim...
Read MoreEURUSD- Point & Figure EURUSD- The overall weakness of the US Dollar continues to dominate much of the FX markets at this stage. Despite a slight uptick in USDJPY this afternoon, the longer-term picture is starting to suggest more of the ...
Read MorePfizer (PFE)- Daily PFIZER - Before Christmas, the pharmaceutical giant Pfizer drew much speculation in the market once it became the first company to develop an approved Covid-19 vaccination. We see this reflected in the bullish activity lea...
Read MoreBy Deepta Bolaky @DeeptaGOMarkets 2020 has brought a rapid and unpredicted change. The new decade started with talks about climate change, the shifting trading landscape and trade frictions, Brexit, and the rise of political populism but the dy...
Read MoreBy Klavs Valters @klavsvalters $20k, $21k, $22k, $23k - that is how many price levels Bitcoin broke after surging by over 12% in the last 24 hours. The world's largest cryptocurrency reached its highest ever level of around $23,421, adding fuel...
Read MoreEURJPY - Point & Figure EURJPY - At the start of the month, we witnessed a sizeable shift in sentiment towards the Euro, hiking up demand and resulting in a strong bullish rally. Since then, price action has behaved mostly sideways, but t...
Read MoreBy Deepta Bolaky @DeeptaGOMarkets CSL, a leading global biotech company headquartered in Melbourne announced its update on its COVID-19 vaccine developed in collaboration with the University of Queensland. The Company revealed while the Phase 1...
Read MoreBy Klavs Valters @klavsvalters Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s la...
Read MoreBy Deepta Bolaky @DeeptaGOMarkets The Westpac-Melbourne Institute Index of Consumer Sentiment is lifted by 4.1% to 112 in December, reaching the highest level since 2010. The consumer confidence index hits a 10-year high indicating that sentiment...
Read MoreGBPJPY - 4HR GBPJPY - Last week we looked at EURGBP and the technicals relating to potential issues surrounding the trade talks deadline. Sticking with the general theme, today's Chart of The Day focuses on another Sterling cross GBPJPY, po...
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