The key points from today’s economic news, brought to you by Guardian Stockbrokers. German current account surplus widened in November In Germany, current account surplus widened to €30.80 billion in November, compared to a surplus of €20.00 billion recorded in the previous month. US CPI advanced more than expected in December In the US, the […]

In the lead-up to the FOMC meeting, most analysts expected the Fed to take its time and start by lowering rates by 25 basis points. However, the regulator surprised with a more aggressive cut. Usually, such a move would indicate growing economic problems, increasing the risk of a recession or even a financial crisis. However, […]

London open: Stocks flat but Rightmove jumps as REA ups bid London stocks were little changed in early trade on Monday as investors eyed a speech by Chancellor Rachel Reeves, but Rightmove popped higher after REA Group sweetened its takeover offer. At 0845 BST, the FTSE 100 was flat at 8,226.45. Susannah Streeter, head of money and markets at Hargreaves […]

After reaching a 2024 high of almost $85, the oil price has been steadily falling in recent months, dropping to a 16-month low of $65 in September. So, what has driven oil prices to reach levels last seen in May 2023, and could oil drop further?   Oil demand concerns  Concern surrounding the demand outlook […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German current account surplus widened in November In Germany, current account surplus widened to €30.80 billion in November, compared to a surplus of €20.00 billion recorded in the previous month. US CPI advanced more than expected in December In the US, the […]

CodeGuru.ae stands out as a leading digital partner in the bustling hubs of Dubai and Abu Dhabi. In today’s competitive business world, having a strong online presence through well-designed websites and mobile apps is crucial. With more and more users accessing services online, businesses must ensure their digital platforms are both engaging and functional. In […]

London open: Stocks in the red as consumer confidence slides, retail sales beat London stocks fell in early trade on Friday as investors mulled a slide in consumer confidence but better-than-expected retail sales data. At 0840 BST, the FTSE 100 was down 0.6% at 8,279.09. Figures released earlier by the Office for National Statistics showed that retail […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. German current account surplus widened in November In Germany, current account surplus widened to €30.80 billion in November, compared to a surplus of €20.00 billion recorded in the previous month. US CPI advanced more than expected in December In the US, the […]

The latest data indicates that over 4,000 new cryptocurrencies were created and launched in the first half of 2024. This is not to mention the increasing number of crypto users, which has surged by over 40 million globally during the same period. These numbers hint at a burgeoning crypto trading market about to become more […]

It has been practiced that a long range of sideways trading has come to play between 20 and 10 some days into the month of August until the present, as the Pantheon Resources Plc (LSE:PANR) goes lower lows, fine-tuning a footstep. The majority of indicators have produced signal notes indicating that certain pressures have mostly […]

Most indicators have begun to showcase that Vast Resources Plc (LSE:VAST) has forced downward to a reduction stage, portending unpalatable moves for bears subsequently, as the stock market now trades in lower ranges, resettling rebounds. Given that the moving averages are positioned around the 0.1 locations, it is clear that the value line will likely […]

The trade line of 7 has been seen to play a crucial role in determining the next definite price actions in the operations of Greatland Gold Plc (LSE:GGP), given that the stock market is in higher range zones, finding basis above the point of 6. Buyers risk losing steam between 8 and 7.5 if the […]

It has been demonstrated that an upward-rising force put up by bulls against bears toward the end of August in the exchange of Helium One Global Ltd. (LSE:HE1) has been exhausted around the barriers of 2, as the financial situation currently shows that the price suffers a draw-down, attempting more lows if purchasers won’t hold […]

The stablecoin market continues to evolve, with USDC making a notable comeback. As of today, USDC’s market capitalization has reached a staggering $34 billion, marking its highest point since March 2023. This surge signifies growing confidence in the asset, but it still trails far behind USDT, which currently dominates the stablecoin market with a market […]

ETH staking is the process of participating in the Ethereum 2.0 network by locking up a certain amount of Ether (ETH) in a wallet to support network operations such as validating transactions and securing the blockchain. In return, stakers earn rewards in the form of additional ETH. This process is part of Ethereum’s transition from […]

Ethereum recently broke below the key demand zone at $2809.0, triggering a sharp decline to the lower demand zone of $2116.0. This price crash represents a significant loss of over 80% from the year’s peak, with the decline slightly dipping below the open price for the year. The severity of this pullback highlights the market’s […]

Bitcoin has been fluctuating within a bearish market structure, forming lower highs and lows on the daily chart. This movement has created a descending channel pattern. The price action shows multiple rejection candles with prominent lower shadows at the bottom of the channel, indicating buying pressure. The latest test of the lower channel border has […]