Market Insights

Fed Chair Powell Hints Smaller Interest Rates May Start In December

Federal Reserve Chairman Jerome Powell reiterated on Wednesday that smaller interest rate hikes are likely to come.

30 Nov 2022, 19:08

MicroStrategy Inc - Weekly

MicroStrategy's stock is down 67% for the year. More reports of weak financials in the future may hammer the price down further.

$184.22

30 Nov 2022, 15:32

Ofgem Proposes Power Price Controls

Britain?s energy watchdog Ofgem has proposed price controls for electricity distribution network companies for the next five years.

30 Nov 2022, 14:05

H&M to Cut Jobs, Primark to Invest More

Swedish fashion retailer H&M announced it is cutting 1,500 jobs due to reduced demand as consumers struggle with high inflation and cost-of-living.

30 Nov 2022, 13:17

US Crude Oil - Daily

Oil has been in a downtrend since the 8th of November. Currently trading at $79.99 a barrel with resistance just slightly above at the 38.2% fib ($81.03).

$79.99

30 Nov 2022, 13:00

HSBC to close over 100 branches in Britain

The British lender HSBC announced on Wednesday that it will close 114 branches in Britain starting in April 2023.

30 Nov 2022, 12:40

Tesla Inc - Daily

Tesla stock is currently trading at $182.68 a share. Key support sits below at $165.38 but there is potential for a break higher.

$182.68

30 Nov 2022, 09:46

Wednesday Morning Call - 30th of November

Although the sentiment is still shaky due to concern over China's COVID measures, markets open slightly higher on Wednesday.

30 Nov 2022, 08:42

Natural Gas - Daily

Natural gas continues to rise and a cold snap is due according to forecasts.

$7.303

29 Nov 2022, 14:55

S&P 500 ? Daily

Taking a look at the S&P 500 on a daily timeframe, from a technical aspect the index is currently trading around 3968 with support below at 3956.

$3968

29 Nov 2022, 13:45