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 20, 2020. Stock prices are continuing to grind higher despite the ongoing coronavirus epidemic and warnings from companies including Apple and Adidas, with the latter revealing yesterday that its business activity in China has tumbled by…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 20, 2020. This is not a trading advice. See details below: FOREX The Japanese yen remains under pressure and is currently trading at ¥111.70 against the US dollar, its lowest since April 2019, having lost more than 1.7% to the greenback since markets…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 19, 2020. In US stocks, Franklin Resources - the parent company of Franklin Templeton - announced that it is buying rival asset management firm Legg Mason for $4.5bn cash, in a deal that will see it…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 19, 2020. This is not a trading advice. See details below: FOREX The Pound is on a winning streak, despite the uncertainty generated by an increasingly bleak outlook for the negotiations between the UK and the EU, for a post-Brexit deal. Following yesterday’s…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 18, 2020. This is not a trading advice. See details below: FOREX The pound has lost more than 0.5% to the euro since the opening of yesterday’s trading session. Sterling’s weakness occurs as a reaction to declarations by David Frost, a leading British…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 17, 2020. This is not a trading advice. See details below: FOREX The big foreign exchange news of the day concerns the euro and its performance against the dollar. During the early Monday session the single currency gained almost 0.1% against the greenback.…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 14, 2020. On Thursday on its quarterly earnings call, Chinese technology giant Alibaba set out a multitude of ways in which its business is being impacted by the coronavirus epidemic. CEO Daniel Zhang warned that the…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 14, 2020. This is not a trading advice. See details below: EUROPEAN SHARES The trading mood lacked certainty at the end of the week with a mixed opening for European markets, with no clear direction nor significant volatility as investors still struggle to…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 13, 2020. Barclays reported a better than expected profit before tax of £6.2bn for 2019, up 9% year on year as its investment bank revealed bumper returns from fixed income trading. Investors weren’t doing much celebrating…
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