OIL Crude oil has managed to recover almost 40% of its value after the low it sunk to two days ago at $20. This is also giving a bit of relief to stocks related to energy sector, such as Total, Eni and Shell, which is up almost 10%. After the strong sell-off seen earlier this…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for March 17, 2020. In a reversal of fortune, having posted one of their worst days in history on Monday, US indices were halted by their 5% limit-up circuit breaker as the market bounced overnight. They have since…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for February 25, 2020. This is not a trading advice. See details below: EUROPEAN SHARES European equities initially ticked higher after yesterday’s sell-off. However, this initially bullish move was short-lived as most markets dipped shortly after the opening bell, leading prices close to yesterday’s lows.…
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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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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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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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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 12, 2020. In US stocks overnight, the loss posted by Lyft in Q4 came in far lower than analysts had been expecting, and the ride hailing company passed $1bn in revenue for the quarter. Despite that,…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 23, 2020. In US stocks, on the back of a 4.1% share price pop, Tesla raced through the $100bn market cap milestone. The electric car firm’s share price has more than doubled over the past three…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 14, 2020. This is not a trading advice. See details below: FOREX The yuan climbed to its highest level against the dollar since July, hitting 6.8657 during the latter part of Monday’s session. The Chinese currency is drawing strength from…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 13, 2020. Real estate firm Savills delivered a positive year-end update this morning, noting a boost from the election result had helped its business in the UK in particular. The group, which counts the UK and…
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