Daily Market News: Apple becomes first ever $2trn company but markets wobble on Fed uncertainty LeapRate

August 20, 2020 BY Valentina Kirilova

Daily Market News: Apple becomes first ever $2trn company but markets wobble on Fed uncertainty

British Airways parent leads FTSE 100 higher as travel stocks rebound slightly The FTSE 100 added 0.6% on Wednesday, with International Consolidated Airlines Group leading the way with a 7.6% gain, following a rough few days for UK travel names. The British Airways operator was flagged as a “compelling investment into the next cycle” by…

August 19, 2020 BY Valentina Kirilova

Daily Market News: S&P 500 closes at new all-time high

FTSE 100 and FTSE 250 back in lock-step The FTSE 100 and FTSE 250 each fell by 0.8% on Tuesday, with the two indices now at an almost identical year-to-date loss. Both indices have essentially been travelling horizontally, since the beginning of June, failing to build the recovery momentum that American stocks have generated. Between…

August 18, 2020 BY Valentina Kirilova

Weekly data preview: Focus on British, Canadian and Japanese inflation

From a technical perspective, the uptrend is still active here although momentum has been somewhat lower since last week. The focus of this chart is the 50 SMA from Bands, coming just above the 50% zone from the daily Fibonacci fan. Currently there’s no sign of overbought from either Bands (50, 0, 2) or the…

August 17, 2020 BY Valentina Kirilova

Daily Market News: World Bank warns recovery will take longer than 2008

UK indices lower as markets baulk at new travel restrictions The FTSE 100 and 250 indices were led lower on Friday by travel stocks which sold off thanks to fresh quarantine impositions on six countries, including the UK’s number two destination, France. Fresh quarantine rules means travellers returning from France will have to quarantine at…

August 10, 2020 BY Valentina Kirilova

Daily market commentary: European shares are trading higher today

EUROPEAN SHARES European shares are trading higher on Monday as hopes of a US stimulus package and strong macro data from China provided a fresh boost to bullish sentiment. Even if the recent battle between Republicans and Democrats over the new stimulus package scared some investors last week, the four new executive orders recently signed…

August 07, 2020 BY Valentina Kirilova

Daily Market News: Trump puts US companies dealing with Chinese apps on 45 days’ notice

What to watch US employment report: The US employment numbers during the coronavirus crisis have been essential reading for updates on the health of the economy. The latest employment report is different from jobless numbers reported yesterday in that it counts the number of people actively employed rather than those who are claiming social security…

August 05, 2020 BY Valentina Kirilova

Daily Market News: Gold passes $2,000 an ounce for first time in history as investor fear grows

What to watch Square: Merchant services and mobile payments firm Square actually ended up reporting its earnings numbers a day earlier than planned following a leak from a media outlet, but will still be hosting its earnings call on Wednesday. The firm’s stock jumped more than 10% after the numbers were released, as it reported…

July 27, 2020 BY Valentina Kirilova

Weekly data preview: fresh all-time highs for gold

Key data this week Bold indicates the most important release for this symbol. Monday 27 July, 12.30 GMT: durable goods orders (June) - consensus 7.2%, previous 15.8% Wednesday 29 July, from 18.00 GMT: meeting of the Federal Open Market Committee Thursday 30 July, 12.30 GMT: American quarterly GDP growth (advance, Q2) - consensus -34%, previous…

July 21, 2020 BY Valentina Kirilova

Interview: FXCM's Kourosh Khanloo on the market situation in Germany

LR: Any new company offerings you want to share with us? Khanloo: Recently, there have been stock CFDs on for instance Facebook and Google that can be traded without commission*. We also want to gradually expand our product range to include additional companies from the USA, UK, France, Germany and Spain. We have also expanded…

July 21, 2020 BY Valentina Kirilova

Daily market commentary: Gold has broken a new record

EUROPEAN SHARES European stocks are trading significantly as investors welcome the deal reached by EU leaders on the new €750 billion virus relief package. While this news is the main driver, markets are also being supported by the latest positive developments in the search for a vaccine. Most investors will now switch their focus to…

Tag: trading

Daily Market News: Apple becomes first ever $2trn company but markets wobble on Fed uncertainty

Daily Market News: S&P 500 closes at new all-time high

Weekly data preview: Focus on British, Canadian and Japanese inflation

Daily Market News: World Bank warns recovery will take longer than 2008

Daily market commentary: European shares are trading higher today

Daily Market News: Trump puts US companies dealing with Chinese apps on 45 days’ notice

Daily Market News: Gold passes $2,000 an ounce for first time in history as investor fear grows

Weekly data preview: fresh all-time highs for gold

Interview: FXCM's Kourosh Khanloo on the market situation in Germany

Daily market commentary: Gold has broken a new record

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