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The S&P 500 shed 20% across the previous quarter, with the vast majority of those losses being accrued in the last six weeks of the quarter. Losses stacked up as coronavirus outbreak spread beyond...
European stocks have opened lower in early trade on Wednesday as fear drives the markets. President Trump’s prediction that between 100,000 – 240,000 Americans could lose their lives, is...
Despite the flippant title, for many oil traders, and even more so oil producers, the situation in the oil market is fairly serious. WTI plumbed new lows last night, stopping within a whisker of...
Bank stocks are dominating the lower reaches of the FTSE on Tuesday. The likes of RBS (LON:RBS), Lloyds (LON:LLOY), HSBC (NYSE:HSBC) and Barclays (LON:BARC) have shed round 2% each despite the FTSE...
After a stronger finish in Europe on Monday, European stocks have jumped higher on the open again today. The mood in the market is showing signs of improving despite mixed headlines. With equities...
GBP/USD Back Over $1.24 Post Fitch DowngradeGBP/USD slipped 0.3% lower to US$1.24 in early trade and has retained those losses across the morning session. The pound slipped as investors weighed the...
The markets are showing mixed signs at the start of the new week. On the one hand, European and US futures are pointing to a jump on the open as traders that weren’t prepared to hold risk over...
The price of gold has soared over 8% so far this week versus the U.S. dollar. The precious metal has recovered the lost ground from earlier in the month when investors sold out of gold to cover losses...
The shockingly high number of new jobless claims in the U.S. yesterday has poured icy water on the market's recent rallies, causing the FTSE and other European gauges to open lower. Rising to 3.3...
The FTSE has opened on the back-foot snapping three straight sessions of gains. Despite the slip lower this morning the UK index is still on track for gains in the region of 10% across the week, its...
After two between meetings rate cuts, it was hardly surprising that the Bank of England stayed pat on monetary policy today. The central bank voted to keep interest rates on hold at record low levels...
The good mood over the massive US stimulus package finally approved by the Senate late Tuesday dissipated this morning and the FTSE again clocked losses, led by banks and British Land. The...
After two straight sessions of gains European markets are heading lower on Thursday. Fiscal stimulus to the tune of just under $3 trillion from Germany and the U.S. brought 2 days of blockbuster...
Whilst the FTSE is still managing to cling onto gains heading into the afternoon, it looks uncertain as to whether those gains will be maintained into the close. The rest of Europe has already slipped...
The phenomenal US rescue package agreed late yesterday still has to get approved by Congress but the $2 trillion support which will be provided for both businesses and employees is set to get the...
Whilst the US are clearly late to the stimulus party, they certainly know how to make an entrance. European stocks are pointing to a second straight session of gains on Tuesday as traders cheer US...
The markets badly needed a bit of good news and today they found it, even in the face of some unpleasant data.The fact that the number of cases in Italy evened out over the last two days was taken as...