The Hang Seng index declined by more than 30 basis points becoming the only laggard in Asia. Other indices, including...
PositionMarket Analyst (Writer)
JoinedMar 22, 2020, 20:04 GMT
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Global stocks were in a cheerful mood this week. In Europe, the DAX index, CAC 40, and FTSE MIB had...
Copper price extended its three-week rally today as investors remained optimistic about recovery of the global economy. The price is now at $2.5410, which is the highest it has been since March 11 this year.
Crude oil price rallied by more than 2% as OPEC+ leaders made a deal with Iraq on supply cuts. There...
Lloyds share price has been on an upward momentum in the past one month. The stock is up by more...
The DAX index rallied by almost 2% today as the market continued to react to the ECB interest rate decision. In this, the bank left interest rates unchanged and decided to add €600 billion into its original €750 billion program. This stimulus, together with the Merkel-led fiscal stimulus will help German stocks in the near term.
The ASX 200 made a major milestone today. The index moved above the important psychological level of $6,000 as investors reacted to the positive emergence of the economy. By gaining about 40 basis points, the index outperformed its New Zealand counterpart. Shares in the big four banks rose sharply after UBS issues an upgrade on two.
The Nikkei 225 index crawled back today as investors continued to focus on the global recovery. The index rose to...
The Dow Jones declined slightly in the futures market, ending a four-day rally that has taken it to the highest...
IC Markets is a licensed broker that allows traders from different parts of the world to trade in various asset...
The AUD to GBP (AUDGBP) pair continued the upward trend started on April 2 as the market continued to favour the Aussie than the sterling. The pair is up by more than 15% since April, making it the best bull run for the aussie in modern times.
The FTSE 100 index was barely moved today as the three-day rally took a breather. As of this writing, the index is trading at £6,385, which is a few points above the opening price. Nonetheless, the index has outperformed other European indices like the DAX index, CAC 40, and Stoxx 40, that declined slightly today.