Markets move down!

Stocks fall

Pressure appears to be building as the stock market bull run falters. Major indices have given up gains and moved away from lofty highs. The DOW, S&P 500 and Nasdaq all closed down – each losing around 1% on Wednesday, 18th August 2021. The FTSE 100 and DAX, Nikkei and Hang-Seng all lost ground too. U.S. markets down U.S. markets % change Value Change Dow Jones – closed at -1.08% 34960 -383 Nasdaq – closed at -0.89% 14526 -130 S&P 50 – closed at -1.07% 4400 -48 U.S. Markets closed…

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Gold gains ground as stocks stagnate

Gold

Gold is a clear winner from the pandemic Gold was initially sold off in February and during the early part of March. But since then gold has made substantial progress from the March lows, mostly due to central bank stimulus activity. Gold was around $1775.00 as of Wednesday 24th June. Stocks fall flat After a strong bounce on Tuesday 23rd, European markets opened lower Wednesday 24th June, with the FTSE 100 slipping back under 6,300. The DAX was also weaker and broke down through support at 12,400. The Dow is…

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Gold, a solid investment

Gold Reserves

Gold as a safe haven It is a well known fact that gold becomes a safe haven during uncertain times, and these are uncertain times. So it’s no surprise then that gold has increased in value during this period. At its highest in recent weeks, gold has reached: $1766 per troy ounce. Governments around the world struggle to re-open their closed economies as the coronavirus pandemic wreaked untold damage as it ravaged through nations forcing world-wide lockdowns. Gold, once again became a safe haven. Despite the stock market recovery since…

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German industrial production falls. Daily market moving news & events roundup, 6th September 2019

Industry

German industrial production falls. Market moving daily news roundup – events & news likely to move markets 6th September 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, for good or bad. Summary Economic calendar – scheduled news and events 6th September 2019 Germany – industrial production data due: 07:00 BST UK – BoE consumer inflation expectations for next 12 months due: 09:30 BST EU – GDP data due: 10:00 BST EU – ECB member speech due: 10:15 BST Russia – interest rate…

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U.S. – China trade talks to resume October. Daily market moving news & events roundup, 5th September 2019

Stock markets up

U.S. – China trade talks to resume October. Market moving daily news roundup – events & news likely to move markets 5th September 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic calendar – scheduled news and events 5th September 2019 Australia – trade balance data due Switzerland – GDP data due Germany – factory orders data due: 07:00 BST EU – ECB member speech due: 08:00 BST U.S. – jobless employment data & non-farm productivity due: 13:30…

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Brexit vote bashes Boris. Daily market moving news & events roundup, 4th September 2019

Market moving daily news roundup – events & news likely to move markets 4th September 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic calendar – scheduled news and events 4th September 2019 Australia – GDP data due China – service PMI reading due EU – Lagarde speech due Spain – services PMI reading data due Italy – services PMI reading data due France – services PMI reading data due Germany – services PMI reading data due EU…

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FOMC minutes due for release – daily market moving news & events roundup, 21st August 2019

Meeting

Market moving daily news roundup – events & news likely to move markets 21st August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic news calendar 21st August 2019 main market moving scheduled events UK – public sector borrowing data due at: 09:30 BST Canada – consumer price index data due at: 13:30 BST U.S. – homes sales data (existing) due at: 15:00 BST U.S. – FOMC minutes to be released – due at: 19:00 BST Note Items…

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Market moving news daily roundup, 16th August 2019, FTSE trading fails to start

UK stock market

Market moving news daily roundup – events & news likely to move markets 16th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Market moving news roundup, 16th August 2019 FTSE fails to open FTSE fails to open at 08:00 – delay due to ‘trading services issue’. What does that actually mean? U.S. – China trade war has been rumbling on for about a year now, so where do we go from here, and how will it continue…

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Market moving news, daily roundup 12th August 2019 – Argentina shares fall

Market moving news daily roundup – events & news likely to move markets 12th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Market moving news roundup, 12th August 2019 Summary After last weeks unpredictable and volatile markets – are we in for a quieter time this week? Market news update Asian markets mixed. Japan’s NIKKEI closed for a holiday. FTSE 100 opens up at 7297. Thomas Cook shares fall on news of raising more ‘new’ capital – shareholders…

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Markets update 8th August 2019

Stocks and shares

Closing positions of: FTSE 100, DAX, DOW, S&P 500, NASDAQ, NIKKEI & GOLD I trade these indices on a regular basis FTSE 100 – closed at: 7286 (up) DAX – closed at: 11845 (up) DOW – closed at: 26378 (up) S&P 500 – closed at: 2938 (up) NASDAQ – closed at: 8039 (up) NIKKEI – closed at: 20593 (up) GOLD – closed at around: $1,497 Note Markets much calmer today. China’s exports up unexpectedly. Gold down as appetite for equities returns as investors switch tactics. Stock markets enjoy a ‘relief’…

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