CFD Trading

Incoming RBA governor Bullock warns climate change might light fire under interest rates, markets and AUD rate largely unaffected

Incoming RBA Governor Michelle Bullock has warned that climate change might affect central bank policy, but the AUD/USD exchange rate has barely changed on the news.

NIO stock price: China’s Tesla challenger slides after missing expected earnings mark

Chinese EV maker NIO’s stock took a hit on Tuesday after it missed expected earnings estimates.

CRM stock forecast: Analysts bullish as Salesforce exceeds estimates in Q2

Analysts have raised guidance for cloud-based software firm Salesforce after it posted another blowout quarter in Q2.

Broadcom stock price: AVGO slips as Q3 earnings fail to show upside

Broadcom (AVGO) beat expectations on adjusted profit for Q3 2023, while delivering a largely expected revenue figure. AVGO stock slipped on the news.

Hang Seng Index soars to close 2.5% higher on China’s property stimulus policy

Hong Kong’s Hang Seng Index closed over 2.5% higher on September 4 as Beijing unveiled further housing-related stimulus measures.


South African stocks rise ahead of Q2 GDP announcement

South African stocks in the JSE Top 40 and JSE All-Share Index closed near a 3-week high ahead of the country's Q2 GDP announcement on September 5.

U.S. dollar strengthens on weak global activity data figures, Aussie slips as RBA rules to keep rates unchanged

The U.S. dollar strengthened on Tuesday on weak economic data from China, while the AUD retreated after an RBA decision to keep interest rates unchanged.

Gold price remains vulnerable amid growth fears and rising oil

On Wednesday, the gold price retreated to a one-week low on U.S. dollar strength and rising Treasury bond yields, which have put pressure on the safe-haven commodity.

EUR/USD forecast: Euro hovers at lowest level in three months ahead of ECB interest rate decision

Analysts were split in their euro forecasts as the EUR/USD retreated to the $1.07 level — its lowest in three months — ahead of a ECB monetary policy meeting next week.

GBP/USD forecast: Pound sterling slides as BoE casts doubts on upcoming interest rate hikes

Cable traded below $1.25 on dovish remarks from BoE officials ahead of the interest rate decision next week, but the GBP/USD forecast was largely bullish.

Chevron strike, EIA report spur natural gas price surge

Both US and EU natural gas prices were up on Friday on news of a strike at two Chevron facilities in Australia, as well as new data from the EIA.

USD/JPY forecast: Yen soars on BoJ's hawkish comments

The dollar to yen rate fell on Monday as BoJ Governor Ueda took a hawkish tone. Analysts see further yen strength in their USD/JPY forecasts.

S&P 500 forecast: Tesla leads big movers as US indices rise

EV manufacturer Tesla rose over 10% on Monday, boosting major U.S. indices. Most analysts’ S&P 500 forecasts for 2023 appear in line with market trends.

Tight supply expectations send crude oil prices to 10-month highs

Crude oil prices reached their highest levels in 10 months on Wednesday, driven by the anticipation of tight supply for the remainder of the year.

Apple stock price slides as market shrugs at launch event

The recent iPhone 15 launch failed to excite investors and Wall Street, with the Apple stock price falling following the event.

FTSE 100 up on bets of Fed pause, Trainline shares soar

The FTSE 100 was up close to 1% on Thursday as the market digested yesterday’s U.S. CPI data and waited for the ECB interest rate announcement.

Arm IPO: UK chip designer sets price at $51 ahead of float

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EUR/USD forecast: Euro slides after ECB raises interest rates

The ECB’s decision to raise rates on Thursday led to a decline in the euro to dollar rate, with analysts revising their EUR/USD forecasts downward on dovish expectations.

Arm IPO: Arm stock looks to build on 25% IPO gain on Friday

The UK chip designer’s stock saw growth in premarket trading on Friday, building on the 25% gain it saw in yesterday’s Nasdaq debut.

USD forecast: Dollar gears up for next week’s Fed meeting

GBP/USD forecast: BoE hike expected on Thursday

Analysts are largely negative on the pound in their GBP/USD forecasts ahead of the BoE meeting on Thursday.

Instacart IPO: Grocery app to test market on Tuesday

The upcoming Instacart IPO on Tuesday will indicate if the San Francisco-based delivery app can follow up Arm Holdings with another successful public offering.

Crude oil price hits $95 a barrel ahead of Fed meeting

Crude oil prices continued to march up on Tuesday, with Brent topping $95 and WTI futures for October rising above $92.

USD forecast: Dollar index steady at 105 heading into Fed

With a pause in hikes expected at the Wednesday FOMC meeting, analyst USD forecasts mostly pointed to the currency depending on hints of future Fed moves.

FTSE 100 Index: UK stocks edge higher ahead of CPI announcement

The FTSE 100 Index ended Tuesday’s trading session with minimal movement, adding merely seven points to close at 7,660.20.

Instacart IPO: CART closes up 12% after first day on market

The Instacart IPO on Tuesday saw the San Francisco-based company’s stock rise by 12%.

AUD forecast: Aussie stable, shrugs off RBA minutes

The Australian dollar edged up slightly on Tuesday, as the currency awaited the Fed decision. AUD forecasts saw potential upward dynamic for the Aussie.

Klaviyo IPO: Marketing automation firm rises 9% in NYSE debut

Wednesday’s Klaviyo IPO saw the marketing automation firm’s stock post a 9.2% total gain after an initial 23% surge.

USD forecast: Dollar strengthens on Fed’s hawkish pause

With the Fed announcing an expected pause on Wednesday but leaving the door open for future hikes, USD forecasts may see further upside.

Gold price under pressure after Fed rate pause

The gold price has extended losses for the third consecutive day, trading around $1925 following the Federal Reserve’s hawkish pause.

Yen forecast: USD/JPY slides on Fed’s “hawkish skip”

The Fed’s “hawkish skip” has sent the USD/JPY rate to a 10-month low, and all eyes are on the BoJ tomorrow to yen forecast

GBP forecast: Pound at six-month lows as BoE pauses hikes

The BoE has halted its rate hike cycle, sending the pound to six-month lows and indicating potential downside revisions to analysts’ GBP forecasts.

Euro forecast: Weak PMIs sink EUR to 6-month lows

Weak PMI data in the Eurozone has further dented the bloc’s currency, with the euro forecast likely being dominated by the dollar going forward.

GBP forecast: PMIs put more pressure on pound

GBP forecasts were revised to the downside as pound sterling continued its slide on weak PMI data. Mounting evidence points to a BoE pause in November.

Yen forecast: No-surprises BoJ meeting sends USDJPY to 148

Following the BoJ’s uneventful meeting on Friday, most analysts have remained bearish on the Japanese currency in their yen forecasts.

Know the risks. Know yourself. Why trading psychology is important

No matter what your trading plan looks like, you should have a keen understanding of the trading psychology involved in making financial decisions.

European stocks rise, BoE rate decision looms: Will cuts follow US & Swiss trends?

European stock markets rose early on Wednesday. US stocks hit a record high again on Tuesday but were closed on Wednesday for a holiday.

Uncertainty reigns: Elections drive market fluctuations

Oh, Biden. Houston, we have a problem. The Democrats are in disarray – some are talking about ‘full panic mode’ after a rambling performance by President Biden in the debate with Trump.

Crypto plays a big role in the election year

Cryptocurrency has firmly established itself in America's financial landscape and has become a notable topic in the context of the 2024 presidential election.

Gold Price Remains Sensitive to Fed Rate-cut Path

Why Is Gold So Valuable? (1) safe-haven asset Gold has always been a highly prized metal, and it is considered a safe investment.

EURUSD downtrend to its lows

The EURUSD pair continues to fall. The market expects Friday’s inflation data to decrease, which supports the US dollar.

FCA urges banks to protect access to cash

in this article, we talk about new rules that require banks to consider if local communities lack access to cash services, like branches and ATMs

President Joe Biden drops out

in this article, we talk about President Joe Biden’s dropping out of the presidential race and its impact on the investment market.

Netflix stock falls

in this article, we talk about Netflix stock fluctuations and the reason behind that, the whole stock market

Impact of France’s election on stock market

In this article, we take a look at the election results, update euro value, and analyze the potential implications for the stock market.

Tesla shares surged over 6%

In this article, we discussed about tesla shares, the reason why it’s rising, tesla deliveries, Elon Musk and his strategies

The Bank of Russia’s easing monetary policy

in this article, we talk about the Bank of Russia planning to start easing monetary policy and the impact of the policy

Donations surge for Kamala Harris

in this article, we give an update of the US presidential election, including fundings surge for Kamala Harris, the vice president nominee’s impact on the financial market

Microsoft earnings preview

in this article, we talk about Microsoft’s earning report and its impact in the financial market.

Top 5 things to watch in markets this week

in this article, we give the information of the top 5 things to watch in the financial market in the week ahead

An update on AI industry

in this article, we talk about the development of the AI industry, including the meta robot, Microsoft’s AI and so on.

Samsung reported stellar Q2 results

in this article, we talk about the world’s No. 1 memory chip maker expects demand for its high-performance memory chips will stay solid

Meta Platforms ahead of Q2 2024 earnings

in this article, we talk about the technology and media giant Meta Platforms (META.US, formerly Facebook) Q2 2024 earnings

Fed holds interest rates steady at 5.50%

in this article, we talk about the central bank floated the idea of lowering borrowing costs at its September meeting, spurring a rally in stocks.

Gold price and Brent crude price surges

in this article, we talk about gold price and silver price rise and Brent crude price surges on geopolitical news​.

Week ahead: RBA meeting, Uber earnings, and PMIs

A tame week ahead for the markets to start August, with several key earnings reports on tap, such as Warren Buffett’s Berkshire Hathaway and ride-hailing app Uber, which will try to reassure investors after a disappointing showing in Q1.

The surge in financial market volatility

in this article, we talk about the surge in market volatility that investors should pay attention to

Kamala Harris set to name her running mate

in this article, we talk about the American presidential elections and its impact on the markets

The Week Ahead: ISM services, SMCI

in this article, we talk about important events within the week, including ISM services; SMCI, Glencore results

Dollar down and yen surges

in this article, we talk about USDJPY rate and why yen has such big impact to the market

Safe-haven flows dominate financial markets

in this article, we talk about why safe-haven flows dominate financial markets.

How could the Olympic Games impact stocks?

in this article, we talk about how major sports events like the Olympics can drive economic growth and stock markets

The Magnificent Seven stocks lose $800 billion

in this article, we talk about The Magnificent Seven suffering more than $800 billion valuation wipeout during Monday's market plunge.

US stocks plunged Monday

in this article, we talk about America’s stock market crashing down and the global market reaction

3 top artificial intelligence stocks to buy in august

in this article, we talk about 3 top artificial intelligence stocks to buy in august.

Warren Buffett’s Berkshire Hathaway halves stake in Apple

in this article, we talk about Warren Buffett and his company’s impact on the stock market.

Crypto ETFs Record Nearly $6 Billion in Trading Volume

in this article, we talk about the development of Crypto ETFs.

Saudi Arabia’s Aramco reports lower half-year profits

in this article, we talk about Saudi Arabia’s Aramco reports lower half-year profits as economic worries dampen energy prices

Gold price to monthly high

in this article, we talk about the fluctuation of gold price.

SoundHound AI reveals Q2 results

in this article, we talk about SoundHound AI’s Q2 results and its impact on the stock market

Nvidia stock surges 6%

in this article, we talk about Nvidia stock’s climbing and the reason behind this.

China's CPI climbed 0.5%

China’s consumer prices rose by a more-than-expected 0.5% in July from a year ago, according to data from the National Bureau of Statistics on Friday.

Disney stock slipped after Q3 results

Walt Disney stock was slipping again early on Thursday as Wall Street reacted to the entertainment giant's latest earnings.

Costco makes major change to stop membership sharing

Costco first started to test an electronic scanning entry system in January at a few stores, it takes aim at a common practice.

US weekly jobless claims drop in latest week

The number of Americans filing new applications for unemployment benefits fell more than expected last week, calming fears the labor market was unraveling and reinforcing that a gradual softening remains intact.

Oil prices continue to rise

Oil prices continued their upward trend at the start of the week, even as OPEC slashed its forecasts for 2024 and 2025.

Walmart makes record number of e-grocery sales in Q2

Walmart earnings will provide key insight into consumer spending trends heading into the back half of the year.

Korean retail investors surge in US ETF purchases

Korean retail investors were active purchasers of ETFs listed in the US in July, according to ETF research firm ETFGI.

The Fed is on track to lower interest rates

Financial markets agree, and on Wednesday kept bets the U.S. central bank, which has held its policy rate in the 5.25%-5.50% range for the past year, will cut borrowing costs again.

Spot gold rallies above $2,470 per ounce

The gold market is rallying after the latest data shows U.S. producers saw an easing in price pressures last month.

Inflation cools to the lowest level

Latest report shows lowest reading in past three years

Major US stock indexes surged

U.S. stocks rose to one of their best days of the year as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected.

Sliver price rises on

The price of silver opened at $27.71 per ounce, as of 9 a.m. ET. That’s down 0.42% from the previous day and up 15.83% year to date.

The S&P 500’s recovery could be a new buying opportunity

The S&P 500 has recovered swiftly since the lows of Aug. 5. The question remains, though, as to whether this is merely an oversold rally.

Cisco's stock rose over 5%

Cisco's revenue forecast beats estimates despite job cuts. Strategic shift to cybersecurity, AI could influence stock outlook for retail investors.

China’s economy is growing slowly

China's economy is showing signs of slowing, according to the National Bureau of Statistics of China.

Analysts remain bullish on crypto for 2024

Despite the indecision in crypto, some analysts and investment trading desks remain optimistic for the remainder of the year.

What is high frequency trading

High-frequency trading (HFT) is a trading method that uses powerful computer programs to transact a large number of orders in fractions of a second.

Gold prices fell ahead of US inflation data

Gold prices fell 1% on Monday on profit-taking, as investors looked forward to key inflation figures this week for clues on the U.S. interest rate cuts this year.

Asian stocks strengthened ahead of Fed decision

Asian stocks scaled a one-month peak on Tuesday, tracking a Wall Street rally driven by expectations that the Federal Reserve could offer further hints of imminent rate cuts later this week.

Dollar at seven-month low on rate cut bets

The dollar hung near a seven-month low on Tuesday on wagers the U.S. central bank will start cutting interest rates from next month, with traders preparing for comments from Federal Reserve Chair Jerome Powell on Friday.

Oil sits 2% lower after China data fuels demand concerns

Brent crude futures fell $1.36, or 1.7 per cent, to settle at $79.68 per barrel. US West Texas Intermediate crude futures declined by $1.51, or 1.9 per cent, to $76.65.

Exela stock price analysis. Should you buy xela?

The Exela stock price gained 0.94% on the last trading day (Friday, 16th Aug 2024), rising from $2.13 to $2.15. During the last trading day the stock fluctuated 5.07% from a day low at $2.10 to a day high of $2.21.

Netflix stock hits all-time high

Subscription streaming video leader Netflix (NFLX) on Tuesday said its upfront advertising commitments more than doubled this year. The news drove Netflix stock to a record high.

Recession fears ease due to strong earnings reports

Mentions of ‘recession’ have been increasing across social media and in financial headlines in recent weeks, but the signals have been mixed, leading to increased volatility across markets as investors struggle to make sense of the data and plan accordingly.

JP 225 analysis: the index is rising

Although the JP 225 index rose to 38,141 points, it failed to hold above the resistance level. Investors await a speech by Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium at the end of the week to obtain information on the possible timing of interest rate cuts.

Nvidia Expected To Post Another Strong Quarter on AI Demand

Overconcentration in a single stock or sector is just one investing mistake you might not know you're making. Here's what to be on the lookout for in your portfolio.

Upcoming catalysts this week

We will get the Eurozone PMIs, the US Jobless Claims and US PMIs. On Friday we conclude the week with Fed Chair Powell speaking at the Jackson Hole Symposium.

European economic news preview

Public sector finances data from the UK is the only major report due on Wednesday, headlining a light day for the European economic news.