Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Tech Sector sell-off continues in anticipation of interest rate hikes.

The Dow Jones closed flat after another volatile day. The Nasdaq and the S&P 500 finished 2.04% and 0.74% lower respectively, as tech continued its sell-off and the Nasdaq confirmed its Bear market. The European markets performed a little better as optimism that the worst of Ukraine and Russian conflict may have passed. The FTSE moved up 0.5...

March 15, 2022
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Russia and Ukraine peace talks end without ceasefire & Bitcoin drops below 40,000 USD

Global indices finished relatively flat compared to recent day's price action on the back of failed peace talks between Russia and Ukraine and the ECB decision to speed up the ceasing of stimulus support. All eyes were on the USA and their CPI figures which came in as expected with a rise of 0.8% for February and the 12-month figure increased by...

March 11, 2022
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Oracle latest financial results announced

Oracle Corporation reported its fiscal 2022 third quarter financial results after the closing bell on Wall Street today. The US software and hardware manufacturer reported revenue of $10.513 billion vs. $10.506 billion expected. Earnings per share at $1.13 per share, falling short of analyst estimate of $1.18 per share. The company also an...

March 11, 2022
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JD.com Q4 numbers are in

JD.com Inc. (JD) announced its fourth-quarter earnings numbers on Thursday. The Chinese e-commerce company reported revenue of $43.422 billion (up by 23% year-over-year), slightly above Wall Street analysts forecast of $43.186 billion. Earnings per share reported at $0.35 per share vs. $0.28 per share expected. ''We are pleased to finish t...

March 11, 2022
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Iron ore skyrockets to six-month high as China eases Covid-19 restrictions

Iron ore prices have continued to rally to a six-month high this week, due in part to reports of potential easing of China’s strict COVID-19 policy and their signs of improved steel demand. The Singapore Exchange has the iron ore futures price reaching $165 USD a tonne on Tuesday, this is the highest level since July 2021. The price inc...

March 10, 2022
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Potential for Ukraine and Russian Negotiations drives a market rebound

The global markets had a strong night of trading on the back of renewed peace talks between Russia and Ukraine. Equity indices were up, whilst commodities took a breather from their recent highs. Reports coming out of Europe indicated that Ukrainian President Volodymyr Zelensky has cooled off on the prospect of Ukraine joining NATO and is open to d...

March 10, 2022
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Gold pushes through $2000 as demand grows during uncertain times

Gold has seen a resurgence in the past few weeks on the back of inflationary pressure and geopolitical tensions in Ukraine and Russia. Prior to the conflict, the price of Gold was hovering around $1,800 USD per ounce. After pushing through $2000 USD per ounce the price is now moving closer to its all-time high at $2070. The rise in other commodi...

March 9, 2022
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Commodities’ record high prices wreaking havoc for inflation

A sudden rapid increase in commodity prices, propelled by supply concerns stemming from the Russia and Ukraine conflict, has brought about inflationary pressure and moved future inflation expectation. The increase has also pushed indices into a bear market and caused some volatility in global equities. Nickel, European gas and wheat have all...

March 9, 2022
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The USA and the UK ban Russian oil imports as Gold price approaches all-time high

The USA and the UK announced measures to ban Russian oil imports in order to isolate Russia from the global economy. This follows on from sanctions imposed on Russia’s top oligarchs and government officials along with its central bank in a bid to push against Russia’s war on Ukraine. The market responded to the news with a volatile trading sess...

March 9, 2022
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Are EV cars inevitable?

Since the recent crisis in Europe, you would have noticed a few things in the stock market which have directly or indirectly affected your normal day to day life, as a motorist one of the first things that you would have taken note of, is the price of fuel. Only a fortnight ago petrol prices for unleaded fuel was sold for $149.99 per litre (APCO se...

March 8, 2022
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Nasdaq confirms a Bear market as energy prices continue to skyrocket

Energy prices have continued to soar with the US indices struggling again as the West debates placing more sanctions on Russia. The Nasdaq closed 3.62% down overnight and is officially in a Bear market after falling 20% since the November 2021 highs. The Dow Jones finished down 2.37% and has also confirmed a correction as it closed down 10% from th...

March 8, 2022
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Commodities finish the week on a high as indices falter

The market closed the week down overall as volatility continues due to the Russia and Ukraine conflict. The Dow Jones dipped 0.5%, the S&P500 fell 0.8%, and the NASDAQ performed the worst, declining 1.7%, despite generally positive sentiment from the USA concerning the employment figures released on Friday. Employers added 678,000 jobs to the w...

March 7, 2022
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Rio Tinto’s record setting performance

All prices in this article will be in USD unless otherwise stated. Rio Tinto Group is an Anglo-Australian multinational and the world's second-largest metals and mining corporation, behind BHP, producing iron ore, copper, diamonds, gold and uranium. Rio Tinto made history last week by posting the second biggest profit in Australian corporate ...

March 4, 2022
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Volatile market continues following failed peace talks between Russia and the Ukraine

Global indices were choppy overnight, mainly finishing lower on the back of failed peace talks and Russia continued advances in Ukraine. According to reports from the French government, the Russian president Vladimir Putin intends to take the country by any means and that “the worst is to come”. The reports sent the FTSE 100 down 2.57%. The dec...

March 4, 2022
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How the US sanctioned Russia in response to their invasion

Investors are currently bracing for further volatility in the global markets as Russia’s troops have been deployed into eastern Ukraine. The heightened tensions between Russia and Ukraine reached a tipping point last week when the Kremlin had officially recognised regions in eastern Ukraine held by separatists (supported by Russia). Russia ord...

March 4, 2022
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