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Market Analysis

Market Spotlight: Amazon Lower Amidst Warehouse Closures

Amazon Shares Opening LowerShares in US tech giant Amazon are trading a little lower ahead of the open today, despite the broadly positive tone to risk markets. The company is suffering amidst news...

Market Spotlight: New UK PM Announcement Due Today

Change In Leader to Be Announced Shortly UK citizens and traders alike are bracing for today’s announcement regarding the Conservative Party leadership contest. The contest, between Rishi Sunak and...

Market Spotlight: Crude Higher Ahead of OPEC Meeting

OPEC On WatchOil traders will be paying close attention to today’s OPEC+ meeting. Following recent headlines around a potential production cut, OPEC sources have reportedly leaked that the group is...

Market Spotlight: Which Way Next for Wheat?

Prices Stabilises As Ukraine Distribution ReturnsFollowing a spike in prices earlier this year in reaction to Russian invading Ukraine, wheat prices have since reversed sharply lower and are now...

Market Spotlight: Nasdaq & The NFP

US Labour Data In FocusAhead of the upcoming September FOMC meeting, there is a great deal of focus on the latest US labour market data due today. With the Dollar trading at highs ahead of the release...

Market Spotlight: Trading Today's US ISM Data

US ISM Manufacturing Up NextThe latest US ISM manufacturing reading is due later today and will likely be the main focus ahead of tomorrow’s NFP results. The August results is forecast to remain in...

Market Spotlight: New ADP Data Due Today

ADP on Watch The release of today’s ADP employment figures for last month is drawing more attention than usual. The report will be the first since it was discontinued in May and will reflect the new...

Market Spotlight: Eurozone Inflation Hits Record Highs

Eurozone CPI Soars AgainEuropean asset prices have come under fresh selling pressure today in response to the latest eurozone economic data. Headline August CPI was seen hitting a fresh record-high of...

Market Spotlight: Tesla Rally Fizzles Out Following Stock Split

Tesla Fails to Rally Following Stock SplitFollowing a decent recovery rally over recent months, Tesla shares have stalled over August and have settled into a tight range between 281.39 and 315.77. The...