Market Commentaries

The NASDAQ 100 rose by 2.35% during Thursday’s New York session, coming close to a record high and threatening to breach the 13,000 round number level for the first time in its history. The SPX 500 printed a record high, breaking through the 3,800 level-handle for the first time and trading 1.51% up at 3804. […]

UK stocks closed 3.47% up on Wednesday, January 6 after energy and banking stocks rose considerably due to the recent OPEC agreement restricted oil production and post-Brexit optimism for the banking sector. The Markit services figure rising to 49.4 for December also helped to support the bullish sentiment. Because of the FTSE 100 rise, GBP/USD

WTI crude oil futures breached $50 per barrel for the first time since February 2020 and rose by 4.68% during Tuesday’s trading sessions. Major oil producers agreed to maintain existing oil output levels into February and March. Saudi Arabia agreed to a production cut, while Russia and Kazakhstan have raised. Copper, often regarded as the

European and US equity markets experienced volatile trading conditions during Monday’s trading sessions. The reasons were various. The leading UK index the FTSE 100 enjoyed a significant rise during the London open due to Brexit fears fading and optimism regarding the start of the Astra Zeneca Oxford vaccine rollout given to the most vulnerable and

Global equity, FX and commodity markets reopened on Sunday evening after the Xmas and New Year holidays. The ongoing economic events that dominated markets in the US and EK and Europe; the Pandemic Relief Bill and Brexit are now over. Therefore, investors and traders will turn their attention back to fundamental and technical analysis combined

Sterling rose during Wednesday’s trading sessions as the UK parliament voted the Brexit agreement into law the day before the UK officially ends the transition trading period, which has insulated the UK from economic damage throughout 2020. From January 1 the UK will no longer be in the customs union and single market. The only

After the Xmas break, several market indices printed record highs before retreating in the first full day of financial trading after the Xmas break. The UK FTSE 100 was closed other than for futures trading on Monday, and investors made up the lost ground on Tuesday pushing the index to a nine-month high shortly after

The German DAX 30 index printed a record high during Monday’s trading sessions due to the Brexit deal getting ratified by the EU council members. The index closed 1.46% up at 1,375 and is up 2.96% year-to-date. In contrast, the UK FTSE 100 is down -14.50% year-to-date, despite enjoying a small relief rally during Monday’s

Because Boxing day fell on a Saturday, many countries are classing Monday 28 as a bank holiday; therefore, several trading markets will be closed. The equity markets in the UK, Canada, New Zealand and Australia will be closed. Markets in Germany, Italy and Japan will close on the last day of the year, while in

GBP pairs rose sharply during the New York trading session after rumours emerged that the UK and EU negotiating teams had finally (after 9 months) reached a compromise in their Brexit discussions. Analysts and traders are waiting for further detail of the 2,000-page agreement-document before confirming there’s a final deal to be signed preventing the