Crispus Nyaga

Is Whitbread share price a buy after plummeting by 44% this year?

·Jul 07, 2020, 09:40 BST

Whitbread share price is down by more than 4%, becoming the worst-performing stock in the FTSE 100. Other laggards in the index are Compass Group, 3i Group, Informa, Smith, and HSBC Holdings. Like the DAX index, the FTSE 100 is down by almost 1%. Whitbread’s stock is dropping after reporting weak Q1 update. It is trading at 2,339p.

DAX Index: Here’s why Bayer and BMW share prices are top movers today

Indices

·Jul 07, 2020, 08:47 BST

The DAX index is erasing some of the gains made yesterday, mostly on profit taking. The index is down by more than 1%, and is trading at €12,600. Other indices in Europe are also trading lower. In the UK, the FTSE 100 is down by more than 0.80% while in France, the CAC 40 is down by more than 0.75%. The overall Stoxx 40 is down by more than 0.80%.

XAUUSD: Here’s Why Gold Price Rally Has More Runway to Run – Analyst

Commodities

·Jul 07, 2020, 08:06 BST

Gold price is sitting pretty near the seven-year high as traders continue to remain optimistic about its prospects. Silver, its...

Here’s why AUDUSD rally paused after the RBA interest rate decision

Forex

·Jul 07, 2020, 07:26 BST

The AUDUSD pair is little changed as traders react to the RBA interest rate decision. The pair is trading at 0.6952, which is 30 basis points below where it ended the day yesterday.

XAGUSD: 2 Reasons Why Silver Price is Rallying Today

Commodities

·Jul 06, 2020, 15:01 BST

Silver price (XAGUSD) is soaring today as traders remain optimistic about recovery of the global economy. The price is trading...

Dow Jones rally is just starting – JP Morgan; Fear and greed index neutral

Indices

·Jul 06, 2020, 13:38 BST

The Dow Jones is up by more than 1.46% in premarket trading as traders remain optimistic about the health of the global economy. The index is trading at $26,126, which is the highest it has been since June 23. Other global indices are also in the green today.

In Asia, the Shanghai index rose by more than 5% while the Nikkei 225 and Hang Seng rose by more than 1%. In Europe, the DAX index and FTSE 100 rose by more than 1%.

DXY: Here’s why the US dollar index is under intense pressure today

Forex

·Jul 06, 2020, 11:17 BST

The US dollar index (DXY) is down by more than 0.25% today as traders react to the strong economic number from Europe and a bearish statement by Goldman Sachs. The index is trading at $96.92, which is below last week’s high of $97.92.

Here’s why HSBC share price is the best-performing in the FTSE today

·Jul 06, 2020, 09:22 BST

HSBC share price is up by more than 6% in London, becoming the best-performing stock in the FTSE 100 index. The FTSE 100 itself is up by more than 2% while other banks like Standard Chartered, RBS, and Lloyds are up by more than 5.56%, 4%, and 3% respectively. HSBC stock price is trading at 406p.

DAX index surges amid shocking revelations about Wirecard

Indices

·Jul 06, 2020, 08:43 BST

The DAX index and other European indices are in a roll today. The blue-chip German index is up by more than 1.90% and is trading at €12,767. The DAX is not alone. Other European bourses like CAC 40, FTSE 100, and Stoxx 50 are up by 2%, 2.10%, and 2.16% respectively. By gaining, European stocks are joining their counterparts in Asia like the Nikkei 225 and Hang Seng.

EURGBP: Why is the EUR to GBP reversing course today?

Forex

·Jul 06, 2020, 08:04 BST

The EUR to GBP (EURGBP) pair rose by more than 0.25% today as traders reacted to a weak car sales...

Here’s why the Hang Seng index spiked to its 4-month high today

Indices

·Jul 06, 2020, 07:32 BST

The Hang Seng index is among the best-performing indices in Asia today. Up by more than 2.30%, the index has outperformed the Taiwan, KOSPI, and the Nikkei 225 that have gained by more than 1%. The index is now trading at $26,220, which is its highest level since March 6.

Why is the Nikkei 225 having its best day in 3 weeks today?

Indices

·Jul 06, 2020, 07:06 BST

The Nikkei 225 index is up by more than 1.80% today as traders remain optimistic about the recovery of the...

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