Category: Adam Vettese

forex and crypto market analysis
July 28, 2020 BY Valentina Kirilova

Daily Market News: New restrictions in place but vaccine prospects enter final stage trials

Airline stocks hit by quarantine news London-listed stocks started the week in the red, with the travel sector taking the market lower after the British government introduced a 14-day quarantine for travellers coming in from Spain.  In the FTSE 100, International Consolidated Airlines Group (IAG) fell 5.9% and Intercontinental Hotels Group closed 4% down. In…

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forex and crypto market analysis
July 24, 2020 BY Valentina Kirilova

Daily Market News: Signs emerge that US recovery is faltering

Unilever now largest FTSE firm after stellar earnings report The FTSE 100 and FTSE 250 were both close to flat on Thursday, but consumer goods giant Unilever provided a bright spot with its Q2 earnings report. Unilever delivered a smaller than anticipated drop-off in quarterly sales, noting that its hand hygiene and cleaning product lines…

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forex and crypto market analysis
July 20, 2020 BY Steffy Bogdanova

Daily Market News: Netflix stock sinks as pandemic boost slows

What to watch Cadence Design Systems: CDS, a $28bn market cap electronics design and engineering services business, has enjoyed a share price gain of 44.5% in 2020 so far. During Q2, the firm announced a collaboration with Taiwan Semiconductor and Microsoft, in order to use cloud technology to reduce the signoff schedules for new semiconductor…

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forex and crypto market analysis
July 15, 2020 BY Valentina Kirilova

Daily Market News: Vaccine hopes spur markets on

Ocado UK sales grow 27% on back of pandemic The FTSE 100 was close to flat yesterday, while the FTSE 250 sank back 1.2% with its year-to-date loss now well past 20% again. In earnings news, online grocer Ocado reported earnings for the six months ended May 31. The firm delivered a pretax loss of…

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