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ADVFN Morning London Market Report: Tuesday 27 October 2020
© ADVFN
Oct 27 2020 @ 05:20
London open: Stocks little changed amid Covid worries; BP, HSBC in focus London stocks were little changed in early trade on Tuesday as investors weighed up encouraging earnings from the likes of BP and HSBC against ongoing concerns about the Covid-19 pandemic and doubts about US stimulus. At 0840 GMT, the FTSE 100 was up 0.1% at 5,795.29. CMC […]
Guardian Stockbrokers Key Economic News Tuesday 27 October 2020
Oct 27 2020 @ 04:05
The key points from today’s economic news, brought to you by Guardian Stockbrokers. German Ifo business climate index declined more than expected in October In Germany, the Ifo business climate index dropped to a level of 92.70 in October, compared to a revised reading of 93.20 in the prior month. Markets were expecting the index […]
Is market volatility staging a strong comeback?
Oct 26 2020 @ 12:17
Market volatility, as reflected by the CBOE S&P Volatility Index, also known as the VIX, has remain subdued in the past few weeks since the benchmark made a strong move to the 38 level during the September tech sell-off. However, the latest choppy performance seen by the S&P 500 since a failed move toward the […]
Bitcoin and Its Influence on Small Businesses
Oct 26 2020 @ 06:45
As people are now a part of the modern era of innovation, there are so many interesting opportunities that they could stumble upon. Some of these things are a rather unique approach to the existing strategies and tactics that are slowly fading away. This is the case with the business side of things, as more […]
ADVFN Morning London Market Report: Monday 26 October 2020
Oct 26 2020 @ 05:50
London open: Stocks fall on Covid, US stimulus concerns London stocks fell in early trade on Monday amid doubts over US stimulus and growing concerns about the Covid-19 pandemic and increasing restrictions. At 0900 BST, the FTSE 100 was down 0.5% at 5,831.98. Spreadex analyst Connor Campbell said: “At the start of the final week of […]
Tradingview Weekly Market Wrap 26 October 2020: Uncertainty prevails
Oct 26 2020 @ 05:06
The WHO says we are at a critical juncture in the COVID-19 pandemic, particularly in the northern hemisphere. The next few months are going to be very tough and some countries are on a dangerous track, thus leaders will eventually have to act in order to turn the outbreak around. Investors meanwhile are waiting to […]
Guardian Stockbrokers Key Economic News Monday 26 October 2020
Oct 26 2020 @ 04:01
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing PMI dropped in October In the UK, the flash manufacturing PMI dropped to a level of 53.30 in October, compared to a reading of 54.10 in the prior month. Market expectations were for the manufacturing PMI to ease to a […]
Warren Buffett's deal to buy R. C. Willey
Oct 23 2020 @ 07:42
At the start of 1995 an investment bank approached Bill Child with an offer to buy R. C. Willey Home Furnishings. The headline figure mentioned was $200m. This followed separate approaches by two publicly traded retailers. These were totally unsolicited. After looking around stores of the two retailers and being unimpressed by the way the […]
ADVFN Morning London Market Report: Friday 23 October 2020
Oct 23 2020 @ 06:54
London open: FTSE boosted by Barclays results; retail sales in focus London stocks rose in early trade on Friday following well-received results from Barclays and better-than-expected retail sales data. At 0830 BST, the FTSE 100 was up 0.5% at 5,812.46. Figures released earlier by the Office for National Statistics showed retail sales rose in September for the fifth consecutive […]
Guardian Stockbrokers Key Economic News Friday 23 October 2020
Oct 23 2020 @ 04:13
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK consumer confidence index declined more than anticipated in October In the UK, the consumer confidence index dropped to a level of -31.00 in October, compared to a reading of -25.00 in the previous month. Markets were expecting the index to decline […]
MINING, OIL AND GAS
Teach Yourself Technical Analysis
Oct 10 2020 @ 23:46
THE TECHNICAL ANALYST HAS BECOME AN ENDANGERED SPECIES According to Investopedia.com, technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analysing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security’s intrinsic value, technical...
Silver Price: Bulls to Re-Attempt the Prior Week’s High at $24.40 Level for New Entries
Oct 09 2020 @ 07:41
XAGUSD Price Analysis – October 9 Silver (XAGUSD) price prints a $24.04 intraday high level with 0.50% gains during Monday’s session. Buyers may re-attempt the prior week’s high at $24.40 level for new entries. Traders also resumed accumulating Silver on price correction as safe-haven demand reemerged amidst the second wave of coronavirus outbreak in Europe, […]
XAU/USD Price Analysis — October 9
Oct 09 2020 @ 07:25
Gold (XAU/USD) has refreshed its daily highs around $1898 and is currently trading at $1891 (+0.5%) in the early European session. The precious metal regained bullishness following reports that US President Donald Trump was willing to give aid to airlines and small businesses. However, charters concerning the European Union’s steel tariff on several Asian countries […]
Eurasian Mining Plc price: EUA becomes weak, and will be weaker
Sep 26 2020 @ 13:43
Eurasian Mining Plc shares (LSE:EUA) have become weak and they are supposed to become weaker and weaker, owing to the current price action and technical indicators formation in the chart. From July 2020 to August 2020, price made commendable effort to rally, but further rally has been rejected and things have nosedived. From August till […]
GLOBAL NEWS
EUR/CHF Is in an uptrend, May Reach Level 1.0730
Oct 26 2020 @ 22:28
Key Resistance Levels: 1.0800, 1.0900, 1.1000 Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: Ranging EUR/CHF has been on a downward move since September 25. On October 15 downtrend; a retraced candle body tested 78.6 % Fibonacci retracement level. This indicates that the pair will fall and reach a low of 1.272 and later […]
EURUSD Risks Deeper Decline at 1.1800 Level on Surge in Europe COVID-19 Cases
Oct 26 2020 @ 22:16
EURUSD Price Analysis – October 26 Growing fears of a surge in Europe Covid-19 cases may slowdown economic recovery as new infections trigger stricter measures and prompt investors into safety. EURUSD risks a deeper decline at the 1.1800 level as buyers repeatedly failed to make a sustained break above the daily cloud top around the […]
Bitcoin Price Analysis: Could CBDCs Be the End of Bitcoin?
Oct 26 2020 @ 00:46
Ever since Facebook publicized its plans to develop a digital currency called Libra, central banks across the globe have tried to counter it with their cryptocurrency. While Facebook’s Libra has come under heavy scrutiny and regulatory obstacles, more than 80% of the world’s central banks are working assiduously to develop a central bank digital currency […]
Ethereum (ETH) Price Analysis: ETH Faces Rejection at $420, Fluctuates Between Levels $400 and $420
Oct 26 2020 @ 00:33
Key Highlights Ethereum battles resistance at level $420 high The coin is likely to reach another high of $434 Ethereum (ETH) Current Statistics The current price: $415.57 Market Capitalization: $47,020,287,242 Trading Volume: $12,506,980,622 Major supply zones: $280, $320, $360 Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis October 25, 2020 Following the breaking of...
