News & Analysis
Week Ahead: US reporting season continues, Central banks meet
Equity Markets US stocks rose Friday, capping off a very strong week with the Dow, S&P 500 and NASDAQ all closing at record highs. Investors were focused on encouraging economic figures that indicate the global economy is recovering well an...
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 kicke...
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...
Overnight on Wall Street: Thursday 15 April 2021
Equity markets US Equity markets were mixed last night with a strong performance from the financial sector pushing the Dow to intra day all time highs whilst a tech sell off dragged down the NASDAQ and S&P. Dow Jones up 53 (0.1...
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 analy...
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%...
Overnight on Wall Street: Tuesday 13 April 2021
Equity markets US Equity markets took a breather overnight with all major indexes drifting modestly lower after the S&P 500 and Dow logged fresh record highs last week. Dow Jones down 55 (0.16%) NASDAQ down 50...
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 Fa...
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...
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 ...
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 announce...
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 mostl...
Rising yields have markets seesawing, US dollar rising
Equity markets US markets dropped sharply overnight as inflation fears returned on the back of Treasury yields hitting their highest levels in more than a year. Investors are concerned the Federal Reserve will allow inflation to accelerate, aft...
Overnight on Wall Street: Thursday 18 March 2021
Equity markets US Equity pushed higher overnight with the S&P500 and Dow Jones indexes both closing at record highs. Investors were cheered by the Federal Reserve's dovish stance on interest rates and optimistic views on the US economic recove...
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 ...
