Category Market Updates

Nike => The index rises above $110 EUR/AUD => The pair rises above 1.5250 Nasdaq => The index rises over 12000 Nike Q4 earnings preview Nike is due to report Q4 earnings as the share price has dropped 35% since…

S&P500 => The index rises above 3825 BTC/USD => The cryptocurrency steadies around 21k EUR/GBP => The pair looks towards 0.86 S&P rises despite worrying data The S&P 500 closed 1% higher yesterday and is set to gain over 3%…

Oil => The index falls below $104 EUR/USD => The pair rises above 1.0550 FedEx  => The stock trades -10% this year Oil extends losses Oil prices tumbled 3% and are falling a further 2% in early trade on Thursday,…

GBP/USD => The pair falls to 1.2250 Gold => The commodity falls to 1825 Nikkei => The index falls to 26250 GBP/USD falls ahead of inflation data, Powell testimony GBP/USD rose 0.2% in the previous session on the back of…

USD/CAD => The pair falls below 1.2950 EUR/AUD => The pair falls to 1.51 FTSE => The index rises to 7150 USD/CAD falls ahead of CAD retail sales data, Powell’s testimony USD/CAD fell 0.3% in the previous session, falling away…

DAX => The index hovers around a 3-month low BTC/USD => The crypto falls below 20k GBP/USD =>  The pair rises towards 1.2250 DAX steadies ahead of PPI DAX fell 4.6% last week, marking its third straight week of losses. The…

Tesla => The stock tumbled 8% yesterday GBP/JPY =>The pair rises Gold => The commodity falls to $1840 Tesla drops 8%. Here’s why. Tesla dropped 8% yesterday, putting losses for the year at 34%, underperforming the S&P’s 20% slide which put…

EUR/GBP lost 1.2% in the previous session. The euro fell following the ECB’s unscheduled meeting, in which the central bank sought to address concerns that the region is on the brink of another debt crisis.

The Nasdaq has had a volatile week, falling over 4.5% so far this week. The tech-heavy index fell sharply at the start of the week after the markets started pricing in a 75 basis point rate hike from the Fed, following hotter-than-expected consumer price inflation.

GBP/USD tumbled over 1.1% in the previous session to a 2022 low after UK GDP unexpectedly contracted in April on a monthly basis. A significant reduction in the Test and Trace service, in addition to falling manufacturing, owing to supply chain disruptions, hit the economy.