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London open: Stocks fall as investors eye services PMI; Barclays slumps London stocks fell in early trade Tuesday, taking their cue from downbeat US and Asian sessions, as investors mulled the latest retail sales data and looked ahead to the services PMI. At 0825 GMT, the FTSE 100 was down 0.5% at 7,477.60. The latest […]

London open: Stocks fall as gold hits record high London stocks fell in early trade on Monday following a downbeat session in Asia, as investors looked ahead to key US jobs data this week and as gold prices hit record highs. At 0830 GMT, the FTSE 100 was down 0.3% at 7,504.50. Derren Nathan, head […]

BTCUSD rally faces resistance and consolidation, signaling an impending downside. The second bounce off the rising trendline sparked a considerable rally, driving BTCUSD to the notable price level of $35000.00. Prior to the attainment of $35000.00, BTCUSD had formed a bullish order block around the $30000.00 psychological level. The impulsive momentum witnessed a decline as […]

ETHUSD is set to begin its reversal to the downside as the distribution phase ends. Following the formation of the $2030.00 high, ETHUSD was immersed in the discount as the bulls exited the market. The downtrend that emerged as a result of the crash from the $2030.00 high ended as the price approached $1530.00. Owing […]

London open: Stocks up after encouraging Chinese manufacturing, UK house price data London stocks rose in early trade on Friday after the release of encouraging Chinese manufacturing and UK house price data, with miners pacing the gains. At 0830 GMT, the FTSE 100 was up 0.8% at 7,510.87. Investors were digesting manufacturing figures out of […]

London open: Stocks nudge lower ahead of eurozone, US inflation data London stocks nudged a touch lower in early trade on Thursday as investors eyed eurozone and US inflation data. At 0900 GMT, the FTSE 100 was down 0.1% at 7,412.87. The eurozone data is due at 1000 GMT, while US PCE for October is […]

London open: Stocks edge down ahead of data raft London stocks fell in early trade on Wednesday as investors eyed a raft of UK data releases and third-quarter US GDP figures. At 0900 GMT, the FTSE 100 was down 0.3% at 7,432.40. Susannah Streeter, head of money and markets at Hargreaves Lansdown, said: “Hopes for a […]

London open: Stocks fall but Rolls-Royce bucks trend London stocks fell in early trade on Tuesday following an uninspiring session on Wall Street, as investors mulled the latest shop price data, but Rolls-Royce bucked the trend as it laid out its latest targets. At 0830 GMT, the FTSE 100 was down 0.5% at 7,422.76. Figures out earlier […]

London open: Stocks edge down on weak Asian cues; Rightmove rallies London stocks edged lower in early trade on Monday, taking their cue from a downbeat session in Asia. At 0830 GMT, the FTSE 100 was down 0.2% at 7,471.69. Richard Hunter, head of markets at Interactive Investor, said: “With other global markets giving the UK […]

BTCUSD declines as the market leaves the overbought region, as indicated by the RSI (Relative Strength Index). Following the retraction at $24900.00 of substantial support, a subsequent rally emerged. This gave rise to the formation of a bullish order block on the 28th of September, 2023. The consequential bullish order block played a pivotal role […]