Reporting Season August 2020

Get the latest updates on the major stocks in ASX, reporting this August 2020. Companies will be publishing their earning reports for the year which will help traders and investors gauge their take away in terms of share prices.

31 Aug 2020

Weaker start for Europe, as markets look to Trump/Biden face-off

European markets have opened slightly lower this morning despite a strong US session in which banks and technology stocks led the charge higher.

29 Sep 2020

Equity rally set to continue, UK lending data in focus

Traders were in risk-on mode yesterday even though there wasn’t a whole lot to be bullish about.

29 Sep 2020

Stocks soar, Uber picks up, dollar drops

Stock markets in Europe are set to finish the session firmly higher.

29 Sep 2020

Banks lead the gains as European markets get off to a flier

Having seen four weeks of declines, US markets enjoyed a decent rebound in Friday trading, which should act as a tailwind for this week.

28 Sep 2020

European markets poised to rebound

Eurozone equity markets finished on a low note on Friday because of the jump in the number of fresh Covid-19 cases.

28 Sep 2020

Eurozone suffers on health fears, William Hill rockets

European equity markets are largely lower because of growing concerns about the health crisis.

26 Sep 2020

UK public sector borrowing set to see another big jump

It seems counter-intuitive at a time when politicians appear reluctant to pull the trigger on fiscal stimulus plans, that when we do get one, the FTSE 350 falls back over 1%.

25 Sep 2020

FTSE 100 underperforms, Darden Restaurants rises

Equity markets in Europe are in the red.

25 Sep 2020

Cineworld in a fight to survive after slipping to a $1.6bn loss

It's been a dramatic year for the Cineworld share price, and the cinema chain's latest results highlight the impact of Covid-19 on the sector

24 Sep 2020

Europe set for lower open, as focus turns to Sunak’s new fiscal plans

Despite some poor economic data, particularly services PMIs from France and Germany, European markets continued their rebound from Tuesday, bolstered by the prospect of further fiscal stimulus.

24 Sep 2020

European rally fades as Wall Street underperforms, gold slides

European equity markets are set to finish the session in positive territory as the mood has improved greatly from the start of the week.

24 Sep 2020

Europe set for a positive open as flash PMIs bring down the curtain on Q3

After the sea of red that characterised Monday’s sell-off, we saw a little bit of a turnaround on Tuesday, though not to the extent that we got anywhere close

23 Sep 2020

FTSE 100 shrugs off UK restrictions, Carvana accelerates, dollar rallies

Equities are showing decent gains as we approach the end of the trading session.

23 Sep 2020

UK set to announce new restrictions, Europe set for higher open

European markets got the week off to an awful start yesterday with their worst one-day performance since June, due to concerns from two separate quarters.

22 Sep 2020

Key Levels on Crude Oil

Brent Crude has pulled back off of critical levels at 45 and 39 and technically looks to consolidate at either level for a breakout higher or lower. Multiple Fibonacci’s converging and clustering at the $45 level produced a selloff to $39. The question remains will price continue to fall after this brief rally or create a breakout level at $45 to go higher? Or will price break down further below the $39 level. Demand for oil remains low for the foreseeable future … so where do we go from here?

22 Sep 2020