Category: Experts

daily market analysis
July 13, 2020 BY Valentina Kirilova

Daily market commentary: The Stoxx-50 Index continues to trade well

EUROPEAN SHARES  European shares opened significantly higher at the start of a busy week, following a clearly bullish Asian trading session overnight. While new coronavirus cases continued to grow significantly over the weekend, with lockdowns even coming back in certain hotspots, investors’ focus is targeted towards the opening of earnings season this week. The optimistic…

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daily market analysis
July 10, 2020 BY Valentina Kirilova

Daily market commentary: What can we expect from the oil price?

EUROPEAN SHARES  Stocks slid lower on Friday in Europe, extending yesterday’s losses and following the bearish trend overnight in Asia, as risk appetite fades across the globe. Despite a positive start to the week, record increases in the number of infections and deaths in several countries (California, Florida, Mexico, BRIC countries etc…) has brought some…

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forex and crypto market analysis
July 07, 2020 BY Valentina Kirilova

Daily Market News: Stocks pull back after Monday surge, Uber shells out $2.7bn for rival food delivery service

What to watch Paychex: Human resource and payroll outsourcing firm Paychex reports its latest quarterly earnings today. The $28bn market cap firm’s share price is down 8.6% year-to-date, after a 30% surge over the past three months. Analysts are expecting an earnings-per-share figure of $0.60, and overwhelmingly favour a hold rating on the stock. How…

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