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equities

Market Spotlight: Bearish Nasdaq Risks Into US CPI
Market Spotlight: Bearish Nasdaq Risks Into US CPI

US CPI Up NextAhead of the weekend we have one last major data focus today; US May CPI. The release is drawing plenty of attention ahead of next week’s FOMC meeting. We’ve heard plenty of debate...

FOMO Friday: Aussie Stocks Tank on RBA Hike
FOMO Friday: Aussie Stocks Tank on RBA Hike

ASX Sinks 4%Another week comes to a close and we’re getting closer and closer to crossing over into H2. Markets have seen plenty of noteworthy action once again this week and it’s been a tricky one...

Market Spotlight: UBS Turns Bullish on Tesla
Market Spotlight: UBS Turns Bullish on Tesla

Tesla to Bounce?In a note issued this week, analysts at UBS have upgraded Tesla to a buy following the recent plunge in price. Shares in Elon Musk’s iconic company are down around 45% on the year via...

Market Spotlight: Starbucks Bullish Reversal On Watch
Market Spotlight: Starbucks Bullish Reversal On Watch

Starbucks Keeps Schultz OnShares in US coffeehouse-titan, Starbucks, are trading a little higher ahead of the open today. The company announced today that interim CEO Howard Schultz will remain...

Market Spotlight: Amazon Shares Approaching Key Resistance Level
Market Spotlight: Amazon Shares Approaching Key Resistance Level

Amazon Shares Rallying on Stock Split NewsShare in US online retailer Amazon are rebounding firmly this week. Tech stocks have been among the strongest beneficiaries of the rebound in equities...

Market Spotlight: LSE Suspends Gazprom Trading
Market Spotlight: LSE Suspends Gazprom Trading

LSE Suspends Gazprom As of May 31stThe London Stock Exchange announced today that it has suspended shares of Russian state-owned energy supplier Gazprom from trading. The company reportedly requested...

Market Spotlight: EasyJet Shares Fall on Cancellation Issues
Market Spotlight: EasyJet Shares Fall on Cancellation Issues

EasyJet Testing Bearish Channel Shares in UK airliner EasyJet are reversing lower from initial gains following today following the firm coming under criticism following the latest wave of flight...

Market Spotlight: JP Morgan Rallies on Interest Income Upgrade
Market Spotlight: JP Morgan Rallies on Interest Income Upgrade

JP Morgan Lifts Profit ForecastsShares in US bank JP Morgan are seeing better demand this week following an encouraging profit forecast from the bank yesterday. Notably, the Morgan lifted its...

Market Spotlight: S&P 500 About to Break Lower?
Market Spotlight: S&P 500 About to Break Lower?

S&P On The Cliff EdgePrice action in the ES (Emini S&P futures) is looking very interesting to the short side here. Yesterday’s large outside candle holds the potential to drive a fresh phase...