December 3, 2024
UK annual house price growth strongest in two years
British house prices rose at their fastest annual pace in two years in November, adding to signs of resilience in the property market despite high borrowing costs. Prices rose by 3.7% in November compared with the same month last year.
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December 2, 2024
Bitcoin records 129% year-to-date gain seven months after halving
Bitcoin recorded a 129% year-to-date gain, primarily driven by the outcome of the 2024 United States Presidential election and the April 2024 halving event. Bitcoin also experienced a 37% gain in November 2024. The Bitcoin rose 0.8% against the Dollar in the last trading session. According to the Williams indicator, we are in an overbought […]
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December 2, 2024
Tesla’s stock rose 2.6%
The last session saw Tesla shares gain 2.6%. The MACD is giving a negative signal.Tesla’s stock rose 2.6% in the last session.The MACD is currently in the negative zone.Support: 327.25 | Resistance: 359.65
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November 29, 2024
World markets head for reality check after month of Trump
November was a month of clear winners and losers from Trump’s U.S. election victory. Trump trades, punishing tariff-sensitive assets from European exporters to Mexico’s peso and driving investment towards U.S. stocks and the dollar, proved successful. Wall Street has rallied, the dollar gained 2% against rival major currencies and bitcoin surged.
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November 29, 2024
Euro eases, dollar perks up in muted holiday trade
The euro dipped against the dollar as traders reined in bets of more interest rate cuts by the European Central Bank, while broader currency moves were muted in U.S. holiday-thinned trading. The Euro-Dollar pair traded sideways in the last session. The ROC is giving a positive signal.Support: 1.0496 | Resistance: 1.0605
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November 28, 2024
Dell’s weak forecasts spark share selloff, doubts over PC market recovery
Shares of Dell and HP fell after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs. Dell tumbled 11%, with the company set to shed about $11 billion from its $99.50 billion market value, after it forecast quarterly revenue below estimates.
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