Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 13, 2020. Cryptoassets plunged to their lowest levels for almost a year and Asian markets saw continued selling overnight. Bitcoin briefly acquired a valuation less than $4k but has now rebounded and is challenging the…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 12, 2020. President Trump took drastic action on Wednesday night, shutting off travel between the US and Europe (excluding the UK) for 30 days, in a move expected to rattle markets and has sent them further…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 11, 2020. In the UK this morning, the Bank of England cut interest rates by 50 basis points to 0.25% in a near unprecedented step, taking them back to a record low level not seen since…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 9, 2020. US stock futures hit their daily down limit of 5% and shares in Asia dived as the first shots were fired in an all-out global oil price war and waves of negative coronavirus news…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 5, 2020. While the coronavirus epidemic was still very much front of mind on Wednesday, Joe Biden’s Super Tuesday surge in the race for the Democratic nomination drove markets higher. Previously, Bernie Sanders’ former status as…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 4, 2020. Markets have bounced this morning as investors react to potential stimulus measures, including the Federal Reserve’s emergency rate cut yesterday. There is now a 90% chance of a cut from the ECB priced in…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 2, 2020. Central banks around the world are moving to combat the impact of the coronavirus by providing additional support to the financial system, following the worst week for global markets since 2008. The Bank of…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 28, 2020. The global market sell off shows no signs of abating and markets are set for their worst week since 2008. European markets have seen heavy selling at the open with the FTSE100 down 3.7%…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 27, 2020. Markets are in the red again this morning but interestingly it is China which is holding up the best with the CSI 300 index in the black. However, other Asian bourses including both the…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 26, 2020. Once again markets are a sea of red this morning as investors seek safe-havens as concerns grow over the coronavirus outbreak. European markets have fallen sharply again and US futures are pointing towards more…
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