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ADVFN Morning London Market Report: Tuesday 14 November 2023

Nov 14 2023 @ 03:41
London open: Stocks edge down after jobs data, ahead of US inflation London stocks edged lower in early trade on Tuesday as investors mulled UK jobs data and eyed the latest US inflation report. At 0845 GMT, the FTSE 100 was down 0.2% at 7,414.42. Figures released earlier by the Office for National Statistics showed that wage […]
 

ADVFN Morning London Market Report: Monday 13 November 2023

Nov 13 2023 @ 03:37
London open: Stocks rise as investors eye inflation readings London stocks rose in early trade on Monday following heavy losses at the end of last week, as investors looked ahead to inflation readings this week in the UK and US. At 0820 GMT, the FTSE 100 was up 0.4% at 7,387.78. Danske Bank said: “The most […]
 

ETHUSD Breaks Major Resistance as More Bulls Storm the Market

Nov 10 2023 @ 23:36
ETHUSD keeps breaking through major resistance levels as more bulls storm the market. The price had initially experienced a massive decline following the formation of the swing high at $2140.00. The swing high formed in May 2023, after which the price of Ethereum massively crashed into the discount zone. ETHUSD declined algorithmically in fractals until […]
 

Bitcoin's Value Fluctuation Highlights Possible Correction

Nov 10 2023 @ 23:34
Bitcoin’s value fluctuation highlights a possible correction, evident in the ongoing consolidation. Presently, BTCUSD struggles beneath the crucial $36,000 level, facing resistance-induced selling pressure. It suggests a potential dip into the discount zone, creating a liquidity void, before the uptrend resumes. This pattern signifies a temporary setback, a natural occurrence in market...
 

Understanding the Concept of 52-Week Highs and Lows

Nov 10 2023 @ 09:22
The 52-week high/low represents the highest and lowest stock prices in the past year. The 52-week high is the highest price reached, and the 52-week low is the lowest price attained during this period. Investors and traders use this measure to assess a stock’s performance over a year. Determining the 52-Week High and Low Prices […]
 

ADVFN Morning London Market Report: Thursday 9 November 2023

Nov 09 2023 @ 03:51
London open: FTSE little changed after China data, earnings avalanche London stocks were little changed in early trade on Thursday as investors mulled the latest Chinese inflation data and waded through another deluge of corporate news. At 0920 GMT, the FTSE 100 was down 0.1% at 7,393.06. Figures released earlier by the National Bureau of Statistics showed […]
 

ADVFN Morning London Market Report: Wednesday 8 November 2023

Nov 08 2023 @ 03:39
London open: Markets struggle for direction, but M&S shares surge The FTSE 100 was struggling for direction in early deals on Wednesday as investors continued to act cautiously following strong gains made last week. After an initial dip into the red, London’s benchmark index was up just 0.1% at 7,417 by 0848 GMT, having traded […]
 

ADVFN Morning London Market Report: Tuesday 7 November 2023

Nov 07 2023 @ 03:56
London open: Stocks little changed as investors mull China, UK data releases London stocks were little changed in early trade on Tuesday after a downbeat Asian session, as investors mulled the latest house price and retail sales data and waded through a deluge of corporate news. At 0920 GMT, the FTSE 100 was down 0.1% […]
 

ADVFN Morning London Market Report: Monday 6 November 2023

Nov 06 2023 @ 03:38
London open: Stocks nudge higher; airlines rally on Ryanair results London stocks were just a touch firmer in early trade on Monday despite solid gains in Asia, but airlines rallied after well-received results from Ryanair. At 0835 GMT, the FTSE 100 was up 0.1% at 7,422.51. Stocks racked up solid gains last week after the US […]
 

ETHUSD Sets to Commence a Short-Term Retracement to the Downside

Nov 03 2023 @ 06:15
ETHUSD is set to commence a short-term retracement to the downside. ETHUSD approached a significant demand area during its upward retracement. After ETHUSD rapidly surged in June and July 2023, the market’s sentiment turned bearish. The price reached a new high at $2030.00, forming a prominent resistance level. The bearish shift occurred after a successful […]
 
 
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