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London open: FTSE falls on hawkish Fed, ahead of BoE announcement London stocks fell in early trade on Thursday, taking their cue from a weak US session after the Federal Reserve lifted rates by 75 basis points overnight and struck a hawkish note on the outlook. At 0825 GMT, the FTSE 100 was down 0.8% […]

GBP/USD has been ranging near 1.1500 after yesterday’s (Tuesday’s) choppy action, while the market was trying to adjust to the Fed’s policy decisions. Also, the larger than anticipated JOLTS job opening data for September, plus the mild upbeat in the ISMs, and the PMI study for last month (October) assisted the USD to recover from […]

London open: Stocks flat ahead of Fed announcement; Next rallies London stocks were little changed in early trade on Wednesday as investors sifted through a raft of corporate news and eyed the latest policy announcement from the US Federal Reserve. At 0835 GMT, the FTSE 100 was flat at 7,185.92, while the pound was up […]

The Cryptocurrency market has recovered more than 9% over the past weeks. This has raised the overall Capitalization to beyond $1 trillion once more. Meanwhile, some crypto has been doing well than others and Ethereum has been performing better than Bitcoin during the past week. Ethereum has moved up by 17% to its present price […]

The biggest crypto exchange Binance was one of those giving financial aid to Elon Musk’s acquisition of Twitter. As a result, this has seen Binance investing $500 million into this deal. The CEO of Binance opines that this media platform will get rid of numerous issues, which includes spam remarks and fraud account. Twitter Ought […]

The Joint Founder of Ethereum very recently considered cryptocurrency regulation, pointing out that he is kind of excited that regulators keep declining cryptocurrency exchange-traded funds proposals. In a more expanded controversial Twitter thread on October 30th, Vitalik reiterated that the cryptocurrency sector is still in its infancy of drawing institutional acceptance because it calls for...

London open: Miners pace the gains as investors eye Fed meeting London stocks rallied in early trade on Tuesday, with miners and Ocado pacing the advance, as investors eyed the start of the Federal Reserve’s two-day policy meeting. At 0840 GMT, the FTSE 100 was up 1.5% at 7,197.54, while sterling was 0.5% higher against the dollar […]

EUR/USD was bought and sold near the 0.9920 price level during the opening of this week, following its closing at the 0.9965 price level three days ago (Friday). The money market commenced the week on a poor note during lukewarm Chinese data. Consequently, this indicates more economic regression in October. This can be seen as […]

London open: Stocks flat but banks rally London stocks were steady in early trade on Monday ahead of a busy week that includes rate announcements from the US Federal Reserve and the Bank of England. At 0825 GMT, the FTSE 100 was flat at 7,047.70. Richard Hunter, head of markets at Interactive Investor, said: “Asian markets […]

London open: Stocks edge up as Shell rallies on results London stocks edged higher in early trade on Thursday as investors sifted through a raft of earnings from the likes of Shell and Lloyds, and eyed the latest policy announcement from the European Central Bank. At 0840 BST, the FTSE 100 was up 0.2% at 7,069.14. Victoria Scholar, […]