PLUS1
Arizona Set to Become Latest State to Legalize Sports Betting
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21 Jun 2021 @ 09:15
Moves that will see the state of Arizona become the latest to legalize sports betting continue to grow at quite a pace. Officials are predicting that by September 9th residents, and visitors, to the state will finally be able to place a sports bet. The bill signed by Governor Doug Doucey will allow those in […]
ADVFN Morning London Market Report: Monday 21 June 2021
21 Jun 2021 @ 09:09
London open: Stocks edge lower but Morrisons surges on £5.5bn bid London stocks edged lower in early trade on Monday amid concerns about inflation, but supermarket chains rallied after Morrisons rejected a £5.5bn bid. At 0855 BST, the FTSE 100 was down 0.3% at 6,994.25. Neil Wilson, chief market analyst at Markets.com, said the reverberations from the US […]
What happened to the famous Trump wall?
21 Jun 2021 @ 08:24
One of the promises of the electoral campaign of the former US president was progress in the construction of the ‘wall’ with Mexico. With this, Donald Trump sought to solve the migration crisis that plagued the world’s largest economy. He even claimed that it would be his neighbor who would be responsible for paying the […]
Guardian Stockbrokers Key Economic News Monday 21 June 2021
21 Jun 2021 @ 08:18
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK retail sales unexpectedly dropped in May In the UK, retail sales dropped 1.40% on a MoM basis in May, compared to a rise of 9.20% in the previous month. Markets were expecting retail sales to climb 1.60%. UK house price index […]
ADVFN Morning London Market Report: Friday 18 June 2021
18 Jun 2021 @ 09:09
London open: Stocks flat after disappointing retail sales data London stocks were steady in early trade on Friday as investors digested disappointing retail sales data. At 0835 BST, the FTSE 100 was flat at 7,150.26, while sterling was down 0.4% at $1.3866 amid continued dollar strength and after figures from the Office for National Statistics showed retail […]
Guardian Stockbrokers Key Economic News Friday 18 June 2021
18 Jun 2021 @ 08:29
The key points from today’s economic news, brought to you by Guardian Stockbrokers. Euro-zone CPI advanced as expected in May In the Euro-zone, the consumer price index (CPI) rose 2.00% on a YoY basis in May, compared to a rise of 1.60% in the prior month. Markets were expecting the CPI to rise 2.00%. Euro-zone […]
ADVFN Morning London Market Report: Thursday 17 June 2021
17 Jun 2021 @ 09:15
London open: Stocks fall after hawkish Fed comments London stocks fell in early trade on Thursday after the US Federal Reserve signalled that it could hike interest rates earlier than expected. At 0840 BST, the FTSE 100 was down 0.4% at 7,156.95. CMC Markets analyst Michael Hewson said: “US markets closed lower yesterday after the Fed […]
Guardian Stockbrokers Key Economic News Thursday 17 June 2021
17 Jun 2021 @ 08:19
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CPI advanced more than expected in May In the UK, the CPI rose 2.10% on a YoY basis in May, compared to a rise of 1.50% in the prior month. Markets were expecting the CPI to record a rise of 1.80%. […]
Annual forecast for Alibaba (2021)
17 Jun 2021 @ 07:56
Alibaba Group Holding Limited shares (NYSE:BABA) are essentially weak. The recent bullish attempt that was started in January 2021, got halted in February, and since then, price has been coming down. In this market, any rallies should simply be taken as opportunities to go short in the market. Price has gone below the lower Trendline […]
ADVFN Morning London Market Report: Wednesday 16 June 2021
16 Jun 2021 @ 10:26
London open: Stocks rise as inflation jumps past BoE target London stocks rose in early trade on Wednesday as investors digested news that inflation jumped past the Bank of England’s 2% target in May for the first time in nearly two years. At 0835 BST, the FTSE 100 was up 0.5% at 7,205.86. Figures released […]
MINING, OIL AND GAS
Gold (XAUUSD) Is in an Impressive Bullish Run, Pauses above $1,890
07 Jun 2021 @ 16:31
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish XAUUSD is in an uptrend. Gold has risen tremendously from its previous low of $1,680 to $1,890. The market reached the high of $1,925 and was repelled. Gold retraced to the support of the 21-day SMA. The uptrend will […]
XAGUSD Pair Buyers Look for Bullish Continuation
07 Jun 2021 @ 16:19
XAGUSD Price Analysis – June 7 After failing to profit from the weaker DXY on Friday, the XAGUSD saw some buying near the $27.00 mark. As buyers hunt for upside continuation, the pair is correcting but could be headed for a new high. As buying interest ramped up at the $27.22 level, silver is currently pushing up […]
Annual forecast for Exxon Mobil (2021)
29 May 2021 @ 16:03
Exxon Mobil stock (NYSE:XOM) might resume its bullish trend after the current equilibrium movement in the market. Price went strongly upwards from December 2020, to March 2021, and then began to move sideways (equilibrium movement). That is supposed to end soon. The market is now below the EMA 21, but it would soon go above […]
XAGUSD Boosts Gains From Weekly Lows, Further Advances Likely
20 May 2021 @ 11:18
At the end of the prior session, the white metal turned positive away from weekly lows of $26.72 and shot to two-day highs, around $27.48 level. XAGUSD trend appears to be stacked in favor of buyers, implying that further advances are likely. Following worse-than-expected US results, the dollar fell on Friday. Key Levels Resistance Levels: $30.13, $28.90, […]
GLOBAL NEWS
Annual forecast for Standard Chartered (2021)
17 Jun 2021 @ 08:09
Standard Chartered Plc stock (LSE:STAN) has been quite choppy and trendless for most part of this year. However, it can be seen that the movement propensity is to the upside, upon a closer look. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for […]
Cardano Market Analysis: Market Rebounds as Bitcoin Surges
16 Jun 2021 @ 10:34
Cardano (ADA) is up by over 11% over the past 24 hours and currently trades at $1.5800 in the mid-Monday session. This bull run is the largest one so far since the start of June. The recent market rally pushed Cardano’s market cap above the $49 billion price point. Regardless the market cap is still […]
Bitcoin Cash (BCH) Reaches Bearish Exhaustion, Resumes up Trending
16 Jun 2021 @ 10:14
Key Highlights BCH retested $560 low and resumed upward move The altcoin is in a downward correction Bitcoin Cash (BCH) Current Statistics The current price: $629.02 Market Capitalization: $13,210,849,033 Trading Volume: $1,500,840,541 Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis June 14, 2021 Bitcoin Cash (BCH) is […]
EURUSD Indecisive Market Lacks Follow-Through Buying
06 Jun 2021 @ 09:41
EURUSD Price Analysis – June 6 The EURUSD is stuck between February’s high of 1.2243 and a long-term restricting horizontal barrier line, which if broken would open the way to the top of a larger uptrend that began in March 2020. The EURUSD indecisive market lacks follow-through buying beyond 1.2245 barriers. Overall, the safe-haven USD gains were […]
