Crispus Nyaga

EURUSD: EUR to USD to Remain Above 1.1300 Today – ING

·Jun 24, 2020, 09:30 BST

The EURUSD is little changed today as investors pause after the significant rally made in the past few days. The pair is trading at 1.1300, which is slightly below the yesterday’s high of 1.1345. In a statement today, analysts at ING said that they expect the pair to remain above 1.1300 as they struggle to see any positives for the greenback.

Here’s why the DAX index is erasing yesterday’s gains today

Indices

·Jun 24, 2020, 08:51 BST

It is a sea of red in Europe today as investors react to Dr. Anthony Fauci’s warning of a “disturbing surge” of coronavirus. In Germany, the DAX index is down by more than 0.75% with most companies in the index being in the red. In France, the CAC 40 index has fallen by 0.62%, while FTSE 100 is off by 0.82%. Meanwhile, Stoxx 40, which tracks the biggest firms in Europe has fallen by 0.60%.

FTSE 100: Why is troubled Carnival share price up 16% in the past month?

Indices

·Jun 24, 2020, 07:58 BST

The FTSE 100 index is falling today after having three consecutive days of minor gains. The index is trading at £6,300, which is higher than this month’s low of £5,900. What’s interesting in the FTSE is that more investors are buying Carnival shares, even as the number of coronavirus cases jump around the world. Carnival share price is at 1,140p and is up by 16% in the past 30 days. Still, it is among the worst-performing stocks in the FTSE this year having lost more than 70% of its value.

5 reasons why gold price is in an unstoppable rally

Commodities

·Jun 24, 2020, 07:19 BST

Gold price is up by 0.26%, continuing the rally that started four-day ago. The price is trading at $1,768, which...

GBPJPY: GBP to JPY outlook after divergent UK and Japan data

Forex

·Jun 23, 2020, 14:03 BST

The GBP to JPY (GBPJPY) pair rose by almost 20 basis points today as traders reacted to the divergent PMI data from Japan and the UK. The pair is trading at 133.40, which is higher than yesterday’s low of 131.81.

Dow Jones Has More Room to Run According to the Fear and Greed Index

Indices

·Jun 23, 2020, 12:34 BST

The Dow Jones jumped in the futures market as hopes of a global recovery outweighed fears of a second wave...

Is Ocado share price a good buy near its all-time high?

·Jun 23, 2020, 11:44 BST

The FTSE 100 is jubilant today, having gained more than 1.10% ahead of an important speech by Boris Johnson on reopening measures. The rebound in manufacturing and services sectors have also accelerated the momentum. At the same time, Ocado share price is in trouble today. It is the third-worst performer in the index after Hikma and RightMove. The shares are down by more than 2.9% and are trading at £1992.

EURGBP: EUR to GBP waver as European PMIs point to emerging growth

Forex

·Jun 23, 2020, 10:00 BST

The EUR to GBP (EURGBP) pair is little changed today as investors react to the upbeat manufacturing and services PMI...

Is the languishing BT share price a bargain right now?

·Jun 23, 2020, 09:20 BST

BT share price has gained by almost 6% in the past five days after reports that Saudi Arabia’s sovereign wealth fund had invested billions in the company. The kingdom now owns about 5% of the biggest telecom company in the UK. Still, the company’s share price is still languishing near the lowest level since the past financial crisis. The BT stock price has dropped by 40.7% this year and by 74% in the past five years.

DAX Index Forms Island Reversal Pattern After Strong PMIs; What next?

Indices

·Jun 23, 2020, 08:41 BST

The DAX index is up by more than 1% as investors remain optimistic about the recovery of the global economy. The index is reacting to the upbeat German manufacturing and services PMI data, which signal that the German economy is recovering. The blue-chip index is trading at €12,421, with most companies being in the green.

GBPUSD forms bullish engulfing pattern ahead of UK services PMI data

Forex

·Jun 23, 2020, 07:59 BST

The GBPUSD pair is slightly lower today as traders waited for the flash manufacturing and services PMI data from Markit. The pair is trading at 1.2458, which is slightly higher than yesterday’s low of 1.2337.

Hang Seng outperforms peers as Tencent share price flies

Indices

·Jun 23, 2020, 07:22 BST

The Hang Seng index is the best-performing major index in Asia today. Up by more than 0.75%, the index has...

1 … 382 383 384 385 386 … 421

Job Title:

Subscribe to our newsletter