What to watch US jobs report: On Friday the Labor Department in the US will release its May jobs report, which includes data on non-farm payrolls, the unemployment rate, and average hourly earnings. The report captures the period ending on the 12th of the month, so will not reflect the start of moves to reopen…
Read more
The provision of risk management tools within the Autochartist trading platform allows traders to immediately see what’s at risk in a predetermined currency value. The platform also offers education for beginners on market volatility and how to maximise profits during volatile markets. Less experienced traders will learn how to set their stop-loss and take-profit orders…
Read more
EUROPEAN SHARES A raft of bullish factors saw European Stocks open significantly higher, following the tone set by Asian markets overnight, and with US Futures also pointing to a firmer open, trading optimism has rarely been this high. The party goes on for stock traders after the ECB surprised investors by announcing a higher than…
Read more
The small and medium-sized banks under SDC will now be able to cut costs and complexity while providing their clients with broad access to stocks, bonds, mutual funds and ETFs. Commenting on the partnership, Kim Fournais, CEO and Founder of Saxo Bank, said: We are very proud to sign this landmark partnership with a group…
Read more
FTSE 100 and 250 soar in lock step Both of the UK’s major indices jumped 2.6% on Wednesday, with the FTSE 250 now up 12% over the past month. London-listed stocks remain well behind their US counterparts but have been making solid progress in recent weeks. The gains reflect investor optimism about both the UK…
Read more
Since its establishment back in 2010, the broker has more than doubled in size over the past two years as well as expanded and tailored its product offering into hundreds of new markets. Thanks to our presence in Dubai, Pepperstone can establish even closer ties with our clients in the Middle East. Dubai is a significant global financial hub and…
Read more
Net trading revenue in Q4 FY20 is now estimated to be approximately £259 million (Q4 FY19: £117.9 million), with full year net trading revenue anticipated to be approximately £649 million (FY19: £476.9 million). IG Group will announce its full year results for FY20 on 23 July 2020. Read more: Ben Hemington joins IG Group as…
Read more
What to watch Campbell Soup: Campbell’s Soup has been one beneficiary of the pandemic, as investors rushed to stock up on canned goods and other cupboard staples. The firm’s share price is up 5.2% year-to-date, and 36.5% over the past 12 months. Investors will be watching for growth in the company’s snacks business, and details…
Read more
OIL Risk-on is still the main story on stocks markets as investors are betting on a quick recovery of economies. This scenario, in conjunction with expectations for an extension of the cut by OPEC, is lifting oil. Moreover, the API released figures yesterday announcing a modest but surprising draw of half million barrels in the…
Read more
What to watch Zoom Video Communication: The rise of Zoom has been dramatically accelerated by the coronavirus pandemic, which has propelled it into both the public consciousness and companies worldwide. The company’s share price gained 13% on Monday ahead of its latest set of quarterly earnings on Tuesday, as investors are widely expecting an impressive…
Read more