ADVFN Daily News

QUICK TAKE: More troubles for SBF/FTX as US DoJ commences probe into stolen assets. The possibility of it being an inside job is not ruled out. The controversy around the FTX debacle is yet to fizzle out. More and more incriminating affairs are being thrown up and that leaves much to be desired, in the […]

QUICK TAKE DFPI uncovers several crypto sites and brokers as potential breeding grounds for duping unwary customers. The Department of Financial Protection and Innovation (DFPI) in the US state of California has identified some websites and brokers as probable avenues for perpetuating cryptocurrency scams. DFPI is a mechanism that improves the well-being of financial services, […]

London open: Shares set to close out 2022 lower on China Covid worries UK shares fell at the open on the last day of a tumultuous trading year as fears over the spread of Covid cases in China combined with a lifting of border restrictions by Beijing continued to spook investors. With the local market […]

London open: Shares in red as surge In China Covid cases hits sentiment London stocks opened lower on Thursday as investors fretted about surging Covid cases in China and Beijing’s decision to lift travel bans. The FTSE 100 index was 0.62% lower at 7451 points at 0837 GMT. “Most FTSE 100 stocks are in the […]

London open: Stocks rise as investors weigh China reopening London’s equity markets returned from the Christmas break in the green on Wednesday, even as concern around China’s skyrocketing Covid-19 case numbers continued. At 0815 GMT, the FTSE 100 was up 0.78% at 7,530.93, and the FTSE 250 was ahead 0.25% at 18,877.11. Sterling was also above the waterline, last […]

As non-fungible tokens decline by a whopping 97% from their highs, one may think that the frenzy surrounding this group of digital assets is over. However, if one sees electronic collectibles as long-term investments, this is a good buying opportunity. One should think of non-fungible tokens as collecting foreign investments such as uncommon wines and […]

London open: Stocks edge higher in early trading Stocks edged into the green in the early going with investors apparently opting to sit on their hands ahead of key economic data overseas due out after the close of trading in London. Worth noting, most trading desks, both in the UK and across the Channel, were […]

London open: Stocks edge up despite uninspiring GDP data London stocks edged higher in early trade on Thursday despite uninspiring UK GDP data, taking their cue from a solid session on Wall Street. At 0830 GMT, the FTSE 100 was up 0.3% at 7,519.27. Figures released earlier by the Office for National Statistics showed that the economy […]

London open: Stocks nudge up as investors mull borrowing figures London stocks nudged up in early trade on Wednesday following a positive close on Wall Street, as investors mulled the latest UK borrowing figures. At 0850 GMT, the FTSE 100 was up 0.1% at 7,380.48. Figures released earlier by the Office for National Statistics showed that public sector […]

London open: Stocks fall after surprise BoJ move London stocks fell in early trade on Tuesday, taking their cue from a weak Asian session, after a surprise policy shift from the Bank of Japan. At 0820 GMT, the FTSE 100 was down 0.7% at 7,313.12. Earlier, the BoJ shocked markets as it held its benchmark […]