ADVFN Morning London Market Report: Thursday 5 December 2019

© ADVFN
05 Dec 2019 @ 22:36

London open: Stocks fall as sterling rallies; Burberry bucks trend London stocks edged lower in early trade on Thursday, weighed down by a stronger pound. At 0840 GMT, the FTSE 100 was down 0.3% at 7,168.82, having ended in the green on Wednesday after a Bloomberg report suggested that the US and China were edging […]

 

BOC Optimism and Firmer WTI Boosts CAD | CAD/JPY, WTI

05 Dec 2019 @ 19:36
BOC Optimism and Firmer WTI Boosts CAD | CAD/JPY, WTI BOC held rates as expected, although their statement was optimistic enough to send the Canadian dollar sharply higher. The statement was indeed one of optimism, although not hawkish as there is clearly no bias to raise rates. But with a relatively high OCR of 1.75%, it […]
 

Guardian Stockbrokers Key Economic News Thursday 5 December 2019

05 Dec 2019 @ 19:32
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI declined in November In the UK, the final services PMI recorded a drop to a level of 49.30 in November. In the previous month, the index had registered a reading of 50.00. Euro-zone services PMI dropped in November In […]
 

Rockfire Resources to continue shooting upwards

05 Dec 2019 @ 02:43
Rockfire Resources Plc stock (LSE:ROCK) is in a very strong bullish trend, having broken out in November 2019, following a frustrating sideways movement. ADX period 14 is at the level 40, showing that the momentum in the market is very strong. DM+ is above DM-, showing that bulls have upper hands when compared to bears. […]
 

8 of the Most Important Cryptocurrency Trends of 2019

04 Dec 2019 @ 22:44
In the last few years the cryptocurrency landscape has been constantly shifting, and new trends seem to emerge on a daily basis. Of course some trends have a much bigger impact than others, and may even play an important role in determining the shape of cryptocurrency for years to come. Throughout 2019 there have been […]
 

ADVFN Morning London Market Report: Wednesday 4 December 2019

04 Dec 2019 @ 21:10
London open: Stocks edge lower ahead of services PMI London stocks edged lower in early trade on Wednesday, weighed down by a stronger pound as investors awaited the release of the latest services data. At 0835 GMT, the FTSE 100 was down 0.2% at 7,146.03, having fallen sharply in the previous session after US President […]
 

Impact of Cryptocurrency Regulations on Online Gambling Industry

04 Dec 2019 @ 20:46
The concept of cryptocurrency and blockchain dominates the emerging financial technology space. These new digital revolutions are sweeping the world on both the economic and operational fronts. While the governments have adopted a contrasting viewpoint on cryptocurrency and blockchain, organizations across different sectors are embracing these technologies with open arms.    Crypto Adoption in...
 

AU GDP Miss Undermines RBA’s ‘Gentle Turning Point’

04 Dec 2019 @ 19:30
AU GDP Miss Undermines RBA’s ‘Gentle Turning Point’ It didn’t take twitter long to react and compare the soft GDP read to RBA’s expectations. As we outlined yesterday, RBA gave themselves some very soft targets to hit and a long time to achieve them. Given they explicitly said publicly they’ll ease further if they’re not […]
 

Guardian Stockbrokers Key Economic News Wednesday 4 December 2019

04 Dec 2019 @ 19:26
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK construction PMI advanced in November In the UK, the construction PMI rose to a level of 45.30 in November, compared to market expectations of a rise to a level of 44.50. In the prior month, the index had registered to a […]
 

How to get started in stock investing

04 Dec 2019 @ 01:08
A number of people are doing very well when it comes to their careers and salaries but are intimidated by investing in stocks or other financial instruments. This is a natural feeling because it is not easy to risk your money on something you don’t fully understand. The first step, just like any activity that […]
 

MINING, OIL AND GAS

Canadian Overseas Petroleum Limited price analysis: COPL moves sideways in apparent weakness, ready for a strong rally

05 Dec 2019 @ 02:23
Canadian Overseas Petroleum Limited shares (LSE:COPL) are currently consolidating, in apparent weakness. A breakout is imminent. Looking at price more closely, it can be seen that the market is making weak attempts to rally, but that effort pales into insignificance when compared to the ongoing sideways movement. Bulls are intent on pushing price upwards but […]
 

Petrel Resources price analysis: PET becomes bullish, will it reach the resistance at 20.00?

22 Nov 2019 @ 23:12
Petrel Resources shares (LSE:PET) are in an uptrend, as price is trying to recover from its recent losses. The first target is the resistance level at 10.00 and the second target is at the resistance level of 20.00. Since the market moved above the upper Trendline in November 2019, the rally has become strong as […]
 

Petro Matad price analysis: Within the maniacal movement, MATD remains weak

08 Nov 2019 @ 16:50
Petro Matad Limited shares (LSE:MATD) are to continue its bearish, random movement. The recent movements in the market have been bearish and this would most probably continue. There was a gap up in October 2019, and following that, price has been coming downwards gradually. There is a tendency for price to move below the EMA […]
 

Brexit Aftermath: The Market Reaction Of Bitcoin, Gold And Pound Sterling To Headline News In The EURO Zone

21 Oct 2019 @ 22:11
After the UK made it public to exit from the EURO bloc, the market cap for Bitcoin and Gold has increased almost by $133 billion and $1 trillion. Is this the Brexit aftermath? As it is, the end may be near for Brexit. In the recent declaration an accord is reached between the British government […]
 

GLOBAL NEWS

Monero (XMR) Faces Selling Pressure After Breakout Attempt

02 Dec 2019 @ 15:47

Key Resistance Levels: $70, $80, $90 Key Support Levels: $40, $30, $20   XMR/USD Price Long-term Trend: Bearish The coin had been trading above $50 in October in a sideways trend. In November, Monero made a positive move and broke above the $60 price level. The bulls could not sustain the move above the upper price level […]

 

GBPUSD Price: Following Recouping From The Low, British Pound Anticipates Upward Momentum

02 Dec 2019 @ 15:33
GBPUSD Price Analysis – December 1 The pound had a positive prior week as traders anticipate to build the scenario for buyers to step in, and now it seems likely to continue on the upside. If we can exceed the crucial level on the level at 1.3012, it is likely that the pound sterling takes […]
 

3 Best Trading Software of 2019

29 Nov 2019 @ 00:35
Are you a professional stock trader? Or did you get lured into the world of automated online trading because you read a random review that spoke a lot of different advantages of automated online trading? In either case, you must have certainly clicked on this link because you need to know more about trading software. […]
 

All You Need To Know About Hedera Hashgraph

27 Nov 2019 @ 19:55
Hedera is said to be a decentralized public ledger that personalizes the digital world for its users in ways like never before. This technology goes beyond Blockchain for inventors to deliver applications that are fast, fair and secure. Hedera Hashgraph was developed by Dr. Leemon Baird and Scientist Mande Harmon on July 2016. This game-changing […]
 
 
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