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For today we might well see similar to yesterday with an initial dip down and then a rise back and fairly flat day. Jackson Hole of course tomorrow so most will be awaiting output from that and...
Activists or programmers?WPP (LON:WPP) stock fell the most in almost 20 years on Wednesday after it said like-for-like net sales would not grow this year, or at best rise just 1%, compared to 2%...
The pound has depreciated further this morning with only the Antipodean currencies performing worse in the G10 space. The FTSE 100 is edging higher with a single-digit gain after an impressive rise on...
By Connor Campbell, Financial Analyst, SpreadexFor the first few months of the year Petrofac (LON:PFC) wasn’t doing anything special. The oilfield services firm largely traded between...
The rally of the last few days has been driven by hope, hope that president Trump's tax reforms will happen. This in my view is the only positive factor that can drive stocks higher in the short term....
The irony of a stock from one of the most beaten-down sectors leading one of the US stock market’s best days for weeks apparently wasn’t lost on traders on Tuesday.Clicks and...
What: US bulls were tested on Monday after the S&P 500 threatened to break below the 100-day moving average at 2417, a key support level. Although the index managed to stay above this level, it...
By Connor Campbell, Financial Analyst, SpreadexStock of the day: HP Inc Despite a bit of a wobble at the start of summer 2017 has been a pretty great year for HP (NYSE:HPE). After a steady rise across...
Pretty much standardDespite an auspicious first week, Standard Life (LON:SLA) Aberdeen shares continue to signal investors are less than assured about the newly combined company. The stock gained as...
By Connor Campbell, Financial Analyst, SpreadexStock of the day: Premier Oil (LON:PMO) PLC Despite a string of largely positive statements Premier Oil has struggled with the same issues plaguing the...
What: European equity indices have been under pressure since peaking in May/June. The Eurostoxx 600 index and the Dax have lost approx. 6% each since then and are testing some key support milestones...
By Connor Campbell, Financial Analyst, SpreadexThere really wasn’t a lot to talk about this morning, with nothing of note to disrupt the market’s losses. The FTSE maintained a 0.2% drop,...
Stock markets in Europe are lower today as tensions between the US and North Korea are still simmering away in the background. The two nations are locked in a stalemate, and this week we will see the...
Mixed bag in Asia during Friday despite the US rallying on Friday (though still closing down) after news that Steve Bannon was being removed from his post. Helped out our S&P long on Friday though...
By Connor Campbell, Financial Analyst, SpreadexThe European markets moved lower this Monday morning due to a combined lack of news today and potential disruptions later in the week. The FTSE dropped...