‘The likely scenario as of now seems to be a sideways trend over the next few weeks,’ said Michael Stark, an analyst at Exness: ‘There’s obviously very strong buying demand in the area around $65, while there’s no clear fundamental driver for the price to retest recent highs. Traders are now looking for significant confirmed…
Read more
BlackBull Markets has revealed a partnership with affiliate marketing network Commission Junction. The New Zealand-based fintech firm pointed out that the Commission Junction was selected as a referral partner due to its broad network of collaborators and reputation for complementing the organic growth that companies experience. BlackBull Markets will start drawing on Commission Junction’s solutions…
Read more
The following partners are set to provide data through the all new ESG Data Hub: Ecogain will cover biodiversity, Equileap will provide data on gender equality, RepRisk for reputational risk, Inrate for carbon emissions, Munich Re will analyse climate risk, and Upright Project for net impact, while Clean Tech will provide data on renewable technology.…
Read more
What to watch Informa: Business intelligence and events business Informa is down more than 50% year-to-date, as the pandemic has decimated its ability to generate revenue from conferences and other exhibitions. The London-listed firm delivers its latest set of quarterly earnings on Monday. This week, JPMorgan Cazenove downgraded its rating on the stock to neutral,…
Read more
London-listed stocks close higher before US selloff The FTSE 100 and FTSE 250 closed the day on a high, closing before the winds shifted in the US later on Monday, with both finishing more than 1% up. A variety of sectors helped the FTSE 100 higher, with brokerage Hargreaves Lansdown, pest control business Rentokil and…
Read more
Sharp pullback for UK stocks in face of new data The FTSE 100 and FTSE 250 sank sharply yesterday, with both indices losing 2.1% apiece, leaving London-listed stocks stuck in correction territory while US shares are creeping past the breakeven point year-to-date. Investors had multiple data points to digest, including information from the British Retail…
Read more
The coronavirus crisis has made investors around the globe scrambling to figure out how to re-distribute their portfolios to minimize losses and diversify their investments. Traditionally, this type of high volatility environment is good for the hedge funds as they are better positioned to take advantage of disruptions in the markets. Recent market statistics shows…
Read more
Cathy Minter, Chief Revenue Officer, R3 commented: Financial institutions are becoming increasingly aware of the huge potential for servicing the needs of digital assets. We can help them accommodate these assets with solutions that are designed for more secure, reliable and regulated environments. Together with Nasdaq we will provide a world-class platform on which digital…
Read more
UK stocks flat after lockdown guideline confusion Both large cap and mid cap London-listed stocks posted a near flat day on Monday, after a confusing day in which the Prime Minister was forced to put out a substantial clarification about the advice he provided on the lifting of lockdown measures over the weekend. His statement…
Read more
FTSE climbs despite Bank of England warning UK markets were closed on Friday for a public holiday, but the FTSE 100 gained more than 3% between Monday and Thursday, while the FTSE 250 had a positive but more pedestrian week. The shortened week ended on a high, with the FTSE 100 gaining 1.4% on Thursday…
Read more