Clients of Saxo will now enjoy a substantial reduction in brokerage fees, with cuts of up to 87% for US market trades and up to 62% for trades on the ASX. This adjustment means that trading fees for US equities could go as low as USD 1, for UK equities as low as GBP 3,…
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US markets started climbing today after nearly two weeks with a 4% plus move in either direction during every trading session. Tesla shuts down US production. The company sank heavily in after-hours trading following the announcement that it is suspending US car production due to the pandemic. All asset classes sold as Sterling lowest since…
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Late on Thursday evening, California – which would be the world’s fifth largest economy if it were a separate country – ordered all 40 million residents into lockdown (essential activities exempt) due to the continued spread of the coronavirus. US cases have now passed 10,000 and New York City mayor Bill de Blasio has made…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 23, 2020. In US stocks, on the back of a 4.1% share price pop, Tesla raced through the $100bn market cap milestone. The electric car firm’s share price has more than doubled over the past three…
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