This adjustment, set to take effect on May 28, contrasts with the T+2 cycle common in most other parts of the world. It will prompt industry participants to revisit their operational strategies to mitigate transaction failures and elevated trading costs. Ben Springett from Jefferies highlighted that adapting to this new cycle could necessitate higher cash…
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The expansion not only offers a broader range of stock options to eToro's users but also aligns with the company's mission to provide cost-effective trading solutions. The users now have the chance to diversify their investment portfolios more robustly by adding these stocks. The expansion covers a variety of new stocks, thus broadening investment choices…
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What to watch Nike: Attracting a lot of attention ahead of its Q4 results today is Nike as analysts flock to offer upbeat assessments of the share price. While the company’s stock tumbled with many others during the initial coronavirus outbreak, it has largely recovered all its losses in the subsequent rally and now hovers…
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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…
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FTSE 100 sinks heavily after Fed chair speech, OBR figures London-listed stocks sank sharply yesterday following Federal Reserve chairman Jerome Powell’s downbeat speech in the US on Wednesday. Additionally, in the UK, the Office for Budget Responsibility reported that the cost of government interventions to aid the economy will lead to a budget deficit of…
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Financial stocks suffered a negative day too, with Royal Bank of Scotland, Standard Life Aberdeen and Lloyds Banking Group all closing more than 7% lower. The FTSE 250 also sank on Thursday, closing 2.3% lower, with Virgin Money UK and Crest Nicholson both posting double digit losses. FTSE 100: -3.5% Thursday, -21.8% YTD FTSE 250:…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 25, 2020. Yesterday marked the worst sell-off of the coronavirus epidemic so far, with the Dow Jones Industrial Average sinking 3.6% - its biggest point decline in almost two years. Until now US stocks had held…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 29, 2020. Bitcoin and the other largest cryptoassets are surging this week, moving within touching distance of three-month highs this morning as investors look to alternatives to equities. Having rallied over 12% in 3 days, it…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 17, 2020. The major US indices once again posted a record breaking day, with the Nasdaq Composite leading the way with a 1.1% gain as post-trade deal optimism kicked in. The positive day for markets included…
Read moreMati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 25, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, The reasoning wasn't entirely apparent to me at the time but thanks to a bit of crowdsourcing…
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