ADVFN Daily News

London open: Stocks gain as Kingfisher, Moonpig rally London stocks rose in early trade on Monday as investors brushed aside concerns about global growth and inflation, at least for now. At 0850 BST, the FTSE 100 was 0.9% firmer at 7,457.15. Victoria Scholar, head of investment at Interactive Investor, said: “European markets are staging gains this […]

Chief Executive Officer and joint founder of Terraform Labs may soon have to face legal action and confiscation of their property. This is coming after the Terra (LUNA) crash which happened the previous week. The Law firm (LKB and Partners) disclosed its intention of taking legal actions against Kwon to the newspaper (Munhwa Illbo) in […]

London open: Stocks slide as Russia hit with tougher sanctions London stocks slid in early trade on Monday after the West imposed tougher sanctions on Russia, which has now put its nuclear forces on high alert. At 0845 GMT, the FTSE 100 was down 1.1% at 7,404.35, while oil prices jumped to as high as […]

London open: Stocks steady ahead of payrolls report London stocks were steady in early trade on Friday as investors kept their powder dry ahead of the US non-farm payrolls report. At 0825 BST, the FTSE 100 was flat at 7,167.22. Richard Hunter, head of markets at Interactive Investor, said: “Investors are keeping their nerve ahead of […]

The Ministry of Finance of Japan, the Financial Services Agency and the Central Bank are said to have joined forces to promote research on digital currencies, recently officials from the three agencies discussed how digital currencies could impact the global currency system. The agencies have held several meetings, the Japan Times reported Saturday, citing JIJI […]

London open: Stocks rise after UK jobs data London stocks rose in early trade on Tuesday as investors cheered better-than-expected UK jobs data. At 0900 BST, the FTSE 100 was up 0.6% at 7,075.64, while sterling was up 0.5% against the dollar at 1.4203. Figures released earlier by the Office for National Statistics showed the unemployment rate […]

London open: Stocks edge lower ahead of Fed policy announcement London stocks edged lower in early trade on Wednesday as investors eyed the latest policy announcement from the US Federal Reserve. At 0850 GMT, the FTSE 100 was down 0.3% at 6,783.34. Spreadex analyst Connor Campbell said: “After some vaccine heat at the start of the […]

London open: Stocks rise on solid US cues, amid weaker pound London stocks rose in early trade on Tuesday, taking their cue from a solid session on Wall Street, while a weaker pound also helped. At 0850 GMT, the FTSE 100 was up 0.6% at 6,791.13. Spreadex analyst Connor Campbell said: “With the Dow Jones closing […]

London open London stocks were steady in early trade on Tuesday following solid gains in the previous session. At 0905 GMT, the FTSE 100 was up just 0.1% at 6,722.47. Sterling was playing its part in holding back the index, trading up 0.5% against the dollar at 1.3892. A stronger pound tends to dent the […]

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...