Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

European and US markets hit all time highs, Bitcoin breaks out, the Dollar slides

Equity markets US stocks jumped overnight to reach record levels as stronger than expected print on retail sales and a sharp improvement in the number of new jobless claims cheered the investors. Source: Yahoo Finance US reporting season kicked off this week with impressive results so far from Finance heavyweights JP Morgan, Goldman, BOA and...

April 16, 2021
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NIO and Sinopec partnership announced

Last week marked a significant milestone for NIO when it produced its 100,000th electric vehicle. The latest development also caught the eye of Tesla CEO Elon Musk, to which he responded: ''Congrats to NIO. That is a tough milestone.'' On Thursday, NIO officially confirmed its partnership with Sinopec – taking a major step forward in the compa...

April 16, 2021
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JPMorgan and Goldman Sachs Q1 numbers are in

JPMorgan and Goldman Sachs reported their Q1 earnings before the opening bell on Wednesday – both beating analysts' forecasts. JP Morgan & Co JPMorgan reported a total revenue of $32.3 billion (up by 14.3% year-on-year) in Q1, above analysts' forecast of $30.52 billion. Earnings per share were reported at $4.50 vs. $3.05 estimate. Ja...

April 15, 2021
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Stop the jab – Johnson & Johnson vaccine rollout paused

805,734,252 – that’s how many doses of the COVID-19 vaccine have been given globally so far as of the 12th April (from 185 locations), according to Our World in Data. Israel, Bahrain and Chile are leading the way with 54.7%, 24.7% and 24.6% of the population fully vaccinated. With more and more people getting the jab across the world, ...

April 14, 2021
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Facebook hits an all-time high

Facebook has had a fair share of negative news headlines in recent times with lawsuits filed against the company and calls to improve the monitoring of information that is posted on the social media platform. Despite that, the share price of Facebook hit an all-time high this week after trading at above $314 per share for the first time durin...

April 8, 2021
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GBPAUD – Containing A Sudden AUD Price Surge

Markets Eager To Resume As the Easter holidays fade, we quickly saw a market resurgence of traders looking to resume normality. Perhaps one of the more stand-out movers during today's London session was none other than the Pound Aussie cross (GBPAUD). Following the Reserve Bank of Australia's announcement to hold interest rates at 0.1%, the recent...

April 7, 2021
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Tesla delivers in Q1

The electric vehicle industry has had a tough few weeks with the global chip and battery shortages affecting electric vehicle manufacturers around the world. Despite that, Tesla delivered 184,800 vehicles in Q1 of 2021, exceeding the number of vehicles produced (180,338). The deliveries consisted of 182,780 Model 3 and Model Y. The rest (2,02...

April 6, 2021
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Preview: Non-Farm Payroll announcement

It’s the beginning of a new month which means that the 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 time on Friday. Why is the announcement important? Non-Farm Payroll is one of the most closely watched indicators. It is considered ...

April 1, 2021
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Rotation from growth to value stocks accelerates, bond yields continue to rise

March has been an interesting month in global markets. Everything from shipwrecks to a blown-up hedge fund to a continued rise in US bond yields has had investors scrambling to position themselves. Global Equities Major world indices were mostly positive with the Dow Jones and S&P 500 hitting all-time highs in the US and the DAX doing the...

March 31, 2021
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Up next: Bank of England rate decision

With Bank of Canada and the Fed interest rate announcements wrapped up, it’s time for Bank of England to announce their decision whether to increase, decrease or leave the interest rate unchanged. The decision is set to be announced at 12:00 PM London time on Thursday. About Interest Rates Interest rates are set by Bank of England’...

March 18, 2021
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Dow Jones rally Q1 2021

2021 has been a profitable year for stocks in the Dow Jones Index. Since the turn of the year, the Dow has seen what appears to be a roaring rally with no end in sight, fuelled by a return of investor confidence and a stimulus package aiming to revitalise a stagnant U.S economy. In the first quarter of 2021, we've seen an increase of over 30...

March 17, 2021
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Up next: the Bank of Canada rate decision

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 important? A bank interest rate is the rate at which a country's central bank lends money to local banks. The interest rate is charged b...

March 10, 2021
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GBPCAD – G10’s Best Performing Currencies Lock Horns

GBPCAD – Hourly Individually, both the British Pound and the Canadian Dollar have surged in recent trading sessions, appearing relatively strong against their peers in the short-term. With the latest fundamental data suggesting both currencies have benefited from similar economic drivers, it could be tough to navigate a directional bias for GB...

February 11, 2021
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Preview: Non-Farm Payroll announcement

The 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 time on Friday. It will be the first jobs report since Joe Biden was inaugurated as the 46th President of the United States last month. Why is the announcement important? Non-Farm Payroll is o...

February 4, 2021
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The kiwi shooting star

By Luis Sebastian The Kiwi unemployment rate dropped to 4.9% from 5.3% in the quarter ending December 2020, Statistics New Zealand announced yesterday; it is worth noting some Economists had projected a rise to 5.6%. The Kiwi dollar (NZD) soared after the rate fell unexpectedly in the fourth quarter as the country boomed after a lengthy recession....

February 4, 2021
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