What gold tells us about a Fed rate hike – eToro Tips & Picks September 28, 2015 Gold has been an interesting play over the last week or so, and most definitely throughout yesterday’s session. A report in the weekend press highlighted the fact that the gold rally may well be over, on the back of the Fed’s move to start raise interest rate – and we saw that last week [...]
UK fintech startups are more attractive than ever post-Brexit, one investor claims July 10, 2016 A major tech investor has said it's likely to become more aggressive in its UK investments following the Brexit vote, while funds based outside the UK will find investing in startups based here more attractive. Anthemis, which has invested in fintech firms such as Azimo, eToro and Currency Cloud as well as challenger bank Atom, holds most of [...]
Why China is still weighing on the US Fed – eToro Tips & Picks September 7, 2015 China moved to stem the heavy selling that has dominated the last few weeks yesterday. However, the move failed to calm markets, with Chinese indices falling yet again. The further selling came as the Chinese government also downgraded the country’s 2014 growth rate estimate to 7.3 per cent. Many, however, believe the actual growth [...]
Letter: Entrepreneurs urge government to consider access to tech talent after Brexit October 18, 2016 Entrepreneurs at the UK's fastest growing startups have signed an open letter urging government to consider the tech industry's need to access international talent in the wake of Brexit. Dear Editor, Britain’s digital industries are expanding at an extraordinary pace, creating jobs and contributing some £161bn in turnover to the economy. Companies like Just Eat, Mimecast, Shazam, Skyscanner, Mimecast and [...]
The US economy is powering ahead – despite China – eToro Tips & Picks August 31, 2015 SHARES in China rose during Friday’s Asian session as the resilience of the US economy once again impressed investors. US economic growth for the second quarter was revised up to an annualised 3.7 per cent, much more than the expected 2.3 per cent. The GDP print showed that, despite continued weakness out of China and [...]
QE programme details: Why all eyes are on ECB president Mario Draghi this week – eToro Tips & Picks September 21, 2015 The markets continue to be dominated by last week’s Fed rate decision. The Fed seems to have caused more concerns about emerging markets by not raising rates than it would have done if it had tightened policy. Investors are still trying to decipher just what last week’s meeting means for the markets and [...]
There’s a hint of the financial crisis about this market rout – eToro Tips & Picks August 24, 2015 CHINA and global growth fears are likely to dominate markets throughout the week, after they were hammered yesterday in yet another rout for investors. Oil markets have followed equities downwards and there is unlikely to be a reprieve for European and US equity markets as we go through the week. There is very much a [...]
The US Federal Reserve won’t hike interest rates while markets wobble – eToro Tips & Picks September 14, 2015 It's a massive week for financial markets, as the Federal Reserve takes centre stage and with monetary policy the big talking point. Thursday sees the Fed make its latest announcement on interest rates, with many still uncertain as to whether we will see the much-anticipated hike this month or not. European markets remained [...]
Non-farm payrolls shook opportunities out the market – eToro Tips & Picks August 10, 2015 AFTER last week’s payrolls in the US surprised with a weaker than expected reading, a previously directionless market has been opened up to a whole host of opportunities. Gold prices jumped aggressively after the US non-farm payrolls showed growth of 215,000 jobs rather than the expected 270,000. They had been hovering at lower support levels, [...]
Plunging oil pushes back the all-important first Fed hike – etoro Tips & Picks August 17, 2015 OIL prices dipped further in the Asian session overnight yesterday, with US crude trading around $42 a barrel. A report from some investment banks has argued that we could well see oil trading lower still from these levels. A lot of technical traders point to the fact that we could be looking towards $35 per [...]