News

Stay on top of the news that directly impacts the Forex, Index and Commodity markets.

News

Stay on top of the news that directly impacts the Forex, Index and Commodity markets.

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...

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%...

April 14, 2021
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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...

April 13, 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 Fa...

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...

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 ...

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 announce...

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 mostl...

March 31, 2021
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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...

March 19, 2021
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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...

March 18, 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 ...

March 18, 2021
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Dow Jones rally Q1 2021

2023 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 revit...

March 17, 2021
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Overnight on Wall Street: Tuesday 16 March 2021

Equity markets US Equity markets rallied in a whipsawing and directionless session, as investors juggled optimism in the economy against steadily rising Bond yields. Retail sales figures tonight and a Fed meeting later in the week will be closely ...

March 16, 2021
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Overnight on Wall Street: Thursday 11 March 2021

Equity markets US Equity markets posted another solid up day with the Dow and small cap Russell 2000 leading the way with only Tech stocks lagging after yesterday’s surge. The Dow had it’s 4th straight positive session again hitting all-time h...

March 11, 2021
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Overnight on Wall Street: Wednesday 10 March 2021

Equity markets US Equity markets showed a more united front with all 4 major indices rallying. The NASDAQ soared as dip buyers rushed back into recently beaten down tech stocks. European markets also posted strong gains and Australian and Asian...

March 10, 2021
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