Articles
Lithium darlings fall to 6 months lows.
Two junior lithium companies, Core Lithium, (CXO) and Lake Resources, (LKE) have seen aggressive sell offs after motoric rises in the last few years. The Backstory Lithium stocks companies had seen a momentous rise in the past 3 years largely on the back of the push towards renewable energy and electric vehicles which require lithium for th...
Accenture latest results announced
Accenture (ACN) reported its latest financial results before the market open in the US on Thursday. The Irish-American professional services company reported revenue of $16.159 billion for the third quarter of fiscal 2022 vs. $16.04 billion expected. Earnings per share missed analyst expectations for the quarter at $2.79 per share vs. $2.86 p...
Bitcoin teetering above key $20,000 level
Bitcoin and other cryptocurrencies have seen their prices decline rapidly in recent times as inflation has wreaked havoc across the market. The capitulation has seen Bitcoin lose almost 75% of its value since November 2021. The aggressive selling has seen the price fall to its lowest levels since November 2020. The theory that Bitcoin would be a...
Adobe latest results are here
Adobe Inc. (ADBE) announced its latest earnings results after the closing bell on Thursday for its second quarter fiscal year 2022 ended June 3. The American software company reported revenue of $4.386 billion for the quarter (up 14% year-over-year), beating analyst forecast of $4.345 billion. Earnings per share also reported above analyst ex...
The CHF rallies after surprise 50-point interest rate hike
The Swiss National Bank, (SNB) has surprised the market and raised interest rates by 0.5% to combat inflation. The SNB was one of the last central banks holding firm in its dovish stance, however with growing inflation felt now was the time to intervene and raised rates from -0.75% interest to -0.25%. It was the first interest rate rise since 2007 ...
Crypto’s week of horror ends in a new 18 month low
As the week comes to an end, many cryptocurrency investors grow increasingly nervous. This emotional sentiment has resulted in bitcoin’s new 18 month’s low price, since December 2020. It has also caused a well known crypto company, Celsius, to suspend client’s withdrawals. Bitcoin started the week at $27,000 USD which was a 10% decreas...
New Zealand see unexpected contraction after Quarter figures released
The New Zealand economy took a hit in the first quarter as Covid 19 ran rampant and interest rates rose as the Reserve Bank of New Zealand increased interest rates to combat inflation. The contraction was exaggerated as imports were reduced. Growth across the country was slowed. Production based output or the GDP fell by 0.2% which was below the...
Are ETFs really Passive?
What is an ETF Most people have heard of ETFs but not everyone knows what they are. An ETF is an Exchange Traded Fund and they are extremely popular amongst retail investors and novice investors. Companies such as Beta shares, Vanguard, Blackrock and others create and manage these holdings on behalf of investors. An ETF is a collections of stock...
Oracle beats estimates
Oracle Corporation (ORCL) reported its latest financial after the closing bell in the US on Monday. The company beat both revenue and earnings per share estimates, sending the stock price higher. The US software and hardware manufacturer reported revenue of $11.84 billion for the quarter (up by 5% year-over-year and up 10% in constant currency) ...
AUD/USD finds new buyers at the 0.70 price mark
As depicted in the AUD/USD hourly chart above, the pair has recently reached a monthly low of 0.69117 as it enters today’s European session. As it continues to decrease in value, it generates a sloping resistance line at 0.6970, this is the trendline from Friday’s prices. Although the trend might appear bearish at the moment, the MACD in...
NIO Q1 results announced
NIO Inc. (NIO) reported its first quarter financial results before the market open in the US on Thursday. The Chinese electric vehicle maker reported revenue of $1.563 billion in the first quarter (up by 24.2% year-over-year), topping analyst estimate of $1.561 billion. Loss per share reported at -$0.12 per share, lower than the -$0.15 loss p...
Are we at risk of ‘Stagflation’?
The world economy is grappling with inflation that is surging out of control. Inflation rates have surged to decade highs across multiple countries. Central banks across the globe have been doing their best to reduce growth by raising interest rates. “The World economy is in danger,” World Bank president David Malpass wrote in a report. High in...
AUD/USD’s reaction to the yesterday’s RBA interest decision
The AUDUSD pair has reached an intraday peak of 0.72469 following the RBA decision. The buying action was spurred on by Aussie bullish investors after the RBA decided to increase the interest rate by 50 basis points to 0.85%. This increase was higher than the consensus of 25 basis points. The RBA is on track to raise the interest rate a few ...
Blackstone Mineral garners interest from Vietnam’s biggest conglomerate
Blackstone Minerals Limited’s Ta Khoa project is drumming up a lot of interest among banks and analysts who have recently taken a tour of the site. Among the tour group lies Vietnamese’s largest conglomerate, Vingroup. Vingroup has interests in real estate, automotive industry, healthcare and other sectors with a combined market capitali...
Popular Expert Advisors on MetaTrader:
The following EAs are examples of Expert Advisors rated on Trustpilot. They have been rated by traders in general, however, please understand that past performances are not indication of future success. Below is a list of EAs, which you can purchase online, however there are several free ones you can find on the market, these are labelled (f), plea...
