Easyjet Stock Price Crashes 30% Amid Coronavirus Fears
February 28th
Shares of the budget airline Easyjet are down 30% on the week amid coronavirus fears. Moreover, the company said it... The Sweet Truth about Buying Sugar as a Commodity Right Now
February 28th - Sugar is such an everyday item that you might never have thought of it as a commodity that you could invest in. Yet, it offers an interesting way of diversifying your investments by choosing something that isn’t directly linked to...
JC Penney Stock Price Loses More Than 12% On Stock Market Declines Despite Earnings Beat
February 27th - Shares of J.C. Penney, a US-based department store chain, are trading more than 12% lower in New York today in line with the rest of the stock market as the worsening global sentiment weighs on the equities. Fundamental analysis: Positive...
Bitcoin Price Loses 7% As SEC Rejects Latest Bitcoin ETF Proposal
February 27th - Bitcoin price has come back below the key $9,000 mark after the U.S. Security and Exchange Commission (SEC) rejected the latest bid from Wilshire Phoenix for a bitcoin-based exchange-traded fund (ETF). Fundamental analysis: Another dream quashed At this point in...
AUD/USD Under Intense Selling Pressure, Prints Lowest Since 2009
February 26th - AUD/USD has made another leg lower this week to push below $0.66 for the first time since March 2009 on the worsening global sentiment. Fundamental analysis: Coronavirus continues to weigh on commodity currencies In the previous days, commodity-linked currencies have...
Is February the Month to Invest in Zinc?
February 26th - You might be surprised to learn that zinc is the fourth most used metal in the world. It is part of a huge global market that is worth around $35 billion annually. This is an incredibly useful metal that is...
HP Stock Price Jumps Nearly 6% On Earnings Beat, Upgraded To Buy From Hold
February 26th - Shares of HP gained nearly 6% yesterday after the company reported better-than-expected earnings for its fiscal first quarter. As a result, the stock has been updated to “Buy” from “Hold” by Loop Capital analyst Ananda Baruah with a price target...
USD/JPY Down 200 Pips In Two Days As Investors Flee To Safe Havens
February 25th - USD/JPY has retreated from the multi-month highs above the $112.00 mark on the fears that the coronavirus outbreak is going to hurt the global economy and businesses more than previously anticipated. Fundamental analysis: Risk appetite worsens After weeks and months...
Hotel Chocolat Stock Price Ignores Coronavirus, Up Nearly 10% On Double-Digit Growth in Sales
February 25th - Shares of Hotel Chocolat trade almost 10% higher this morning in London after the group posted a better-than-expected half-year sales thanks to new store openings in the UK and globally. Fundamental analysis: Revenue surpasses £90m Hotel Chocolat, a British chocolatier...
Dow Jones Opens the Week 600 Points Lower As Coronavirus Spreads to Italy
February 24th - Global markets opened the week in red on the increased fears of the coronavirus outbreak spreading to Europe after five death cases were confirmed in northern Italy. Dow Jones opened in New York today 600 points lower, while in the...
GBP/USD Could Hit $1.25 in March On The Back of Increased Demand For Greenback
February 24th - GBP/USD trades 0.4% lower today as the foreign exchange market continues to be dominated by the US dollar. Today’s move lower has now almost completely erased gains from Friday, when the sterling moved more than 70 pips higher against the...
3 Key Takeaways From Buffett’s Annual Letter to Shareholders
February 23rd - Warren Buffett, the world’s most recognized stock market investor, addressed shareholders of his Berkshire Hathaway in an annual letter. Much of the emphasis has been placed on the future of the company as Buffet, 89, and his close aid Charlie...
Garmin Stock Price Plunges Despite Positive Q4 Earnings Report
February 22nd - Shares of Garmin closed 1.6% lower this week despite printing a fresh 13-year high two days ago on better-than-expected fourth-quarter earnings. Fundamental analysis: Great holiday season fuels positive earnings report The GPS device giant reported that its sales rose 18%...
Bitcoin Can Gain Up To 25% in March
February 22nd - Bitcoin price is up 3.5% in February, but more importantly, it is trading above the key level at $9,000. The bulls are now creating a base for a move towards $12,000. Fundamental analysis: Volatility may further pick up Bitcoin volatility...
Here’s Why Dropbox Stock Price Exploded Higher Today
February 21st - Shares of Dropbox are trading more than 15% higher in pre-market trading after the company’s fourth-quarter results showed that it beat market estimates on all fronts. The company announced that it earned $0.16 per share in the fourth-quarter, which is...
EUR/USD: Macron Gap Filled, New 34-Month Low Printed
February 21st - EUR/USD hit the lowest levels since April 2017 as the bears have finally managed to fill the Macron gap by printing levels below $1.0780. In the meantime, the price action got back above $1.08, but the rebound has been quite...
Maersk Stock Price Plunges On Earnings Miss and Coronavirus Warnings
February 20th - Shares of the shipping giant Maersk plunged today on the earnings miss and warnings that the coronavirus outbreak will impact the company’s earnings this year. As a result, the Maersk stock price closed nearly 4% lower today. “Weekly container vessel...
Gold Prices Can Hit $2,000 in 2020, Says an Analyst
February 20th - For the second day in a row, gold prices hit a new 7-year high of $1,619 on increasing demand for precious metals. The price action is now approaching the first short-term target for the bulls at $1,626. City analysts believe...
Deciding Whether to Buy Cotton This Month: The Chinese Factors
February 20th - Cotton has long been seen as a good commodity investment. Despite there being more types of material than ever before, this is still one of the most common raw materials for making clothes and other products. The History of...
Why We Are Closely Watching the Liverpool Property Market in 2020
February 20th - The Liverpool property market has been the star of the UK scene in the last year or so. Now is a good time to take a look at whether or not this trend is expected to continue. We will look...
The Powerful Reasons to Invest in Coffee This Month
February 20th - Coffee has become a hugely popular drink across the planet in the last few years. The success of chains like Starbucks and Costa Coffee has led to demand for coffee going through the roof. It is estimated that more than...
The Time Is Right to Buy Property in Italy: A Look at €1 Houses and More
February 20th - The thought of buying property in Italy has captivated many people over the years. Richard Branson, Madonna and George Clooney are among the numerous celebrities who own homes in this country. Find out whether buying an Italian house just now...
USD/JPY Breaks Out On Improved Risk Appetite and Upbeat US Data, Hits 9-Month High
February 19th - USD/JPY has finally managed to break above $110.30 and post a 9-month high on the improving risk sentiment. The bulls are now eyeing another important resistance around $111.30. Fundamental analysis: Improving the global risk sentiment helping the USD Investors are...