Category: Adam Vettese

forex and crypto market analysis
September 11, 2020 BY Valentina Kirilova

Daily Market News: Stocks wobble as US stimulus is voted down

Morrison earnings disappoint while Games Workshop soars London-listed shares were close to flat yesterday, although they ended the day in the red. Sterling suffered another poor day, falling more than 1% against both the dollar and euro after the European Central Bank decided to hold fast on its current interest rate position. Morrison Supermarkets brought…

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forex and crypto market analysis
September 10, 2020 BY Valentina Kirilova

Daily Market News: Relief for tech stocks after multi-day sell-off as virus cases spike globally

AstraZeneca holds firms after positive news on Covid-19 vaccine trial hiccup After reporting late on Tuesday that it had paused its Covid-19 vaccine trial due to participant illness, AstraZeneca’s London listed shares closed the day in the green. Per CNBC, the company’s CEO Pascal Soriot told investors on a private conference call on Monday morning…

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forex and crypto market analysis
September 09, 2020 BY Valentina Kirilova

Daily Market News: Tesla suffers worst day in history as tech names continue to rout

AstraZeneca pauses Covid-19 vaccine trial The pound continued to slump yesterday, falling below $1.30 after reports that the UK is stepping up preparations for a possible no-deal Brexit. The tumbling pound buffered UK stocks from the broader Tuesday sell-off globally (as large UK firms make a significant proportion of their money overseas in other currencies)…

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forex and crypto market analysis
September 07, 2020 BY Steffy Bogdanova

Daily Market News: Europe up as US takes breather for Bank Holiday

What to watch US markets are closed on Monday for a public holiday. JD Sports Fashion: Tomorrow, London-listed JD Sports Fashion will release its latest quarterly earnings. The firm is ahead of the broader market year-to-date, although its share price is still down 14.6%. Back in April the company scrapped its final dividend and chairman…

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forex and crypto market analysis
September 03, 2020 BY Steffy Bogdanova

Daily Market News: Tesla hits the brakes after mammoth rally

What to watch Broadcom: Semiconductor and infrastructure software firm Broadcom has seen its share price jump 18.7% year-to-date, including a 4% rally on Wednesday, the day before its latest quarterly earnings report. The near $150bn market cap firm has found some of its services and products, which are used to help build and maintain IT…

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forex and crypto market analysis
September 01, 2020 BY Steffy Bogdanova

Daily Market News: Tesla and Apple soar after stock splits

Double digit gainers in FTSE 100 despite loss for week UK markets were closed for the bank holiday on Monday. The FTSE 100 fell marginally last week, while the FTSE 250 added 1.2%, although there were two FTSE 100 stocks that posted double digit gains for the week. Industrial software firm Aveva added 19.5% driven…

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