AUS
NZ
UK
CA
USA
IND
News
US Stocks Edge Higher On Positive Jobs Report, Stimulus Hopes
March 06, 2021 01:19 AM GMT| By Team Kalkine MediaSource: solarseven, Shutterstock Summary S&P 500 gained 1.95%, Dow Jones was up 1.85%, and NASDAQ added 1.55%. Senate finalizes President Joe Biden’s US$1.9 trillion relief bill for approval. Brent crude oil futures rise as OPEC &am...
How the UK Markets’ performed after oil prices rallied by over 3%?
March 05, 2021 05:06 PM GMT| By Team Kalkine MediaSource:Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 38.73 points or 1.03 per cent higher at 3,807.20, Dow Jones Industrial Average Index su...
Electric Vehicles Then & Now: Tracing The Near 200-Year History
March 05, 2021 03:55 PM GMT| By Shreya Biswas©Kalkine Group 2021 What’s the first thought that comes to your mind when you think ‘electric vehicle’? Expensive? Eco-friendly? Sleek? Have you ever thought, “Hmm, that’s from a couple of hundred years ago,&rdqu...
.jpg)
FTSE 100 Leaps in Green as GBP Slips Below 1.38 Vs USD
March 05, 2021 01:04 PM GMT| By AbhijeetCopyright © 2021 Kalkine Media Pty Ltd. Summary At around 1220 GMT, the FTSE 100 traded 0.31 per cent higher at 6,671.69. Continuous drop in house prices seemingly aided share markets, average house prices dropped 0.1 per cent in February...
What Led to the Sudden Fall in LSE (LON: LSEG) Stocks?
March 05, 2021 01:01 PM GMT| By Suhita Poddaridend increase after the completion of its acquisition of data company Refinitiv. The London Stock Exchange Group Plc’s (LON: LSEG), on Friday, 5 March announced its preliminary results for the financial year ending 31 December 202...
Can Stocks Beat Inflation and Bond Worries To Wrap Up The Week?
March 05, 2021 10:31 AM GMT| By Ipsita SarkarSource: macgyverhh, Shutterstock Summary Rising treasury bond yields may continue to play spoilsport for the stock markets. Improvement in the economy has opened doors for other investment options. Fed likely to maintain an easy monetary poli...
Fed’s Dovish Stance Shoots Up Greenback to Three-Month High
March 05, 2021 09:01 AM GMT| By Daminir currencies like New Zealand and Australian dollars slumped along with equities. Giving an end to growing speculations that the US Federal Reserve will pull back policy support earlier than expected, Fed Chair Jerome Powell recently reiterated...
Budget 2021: What did Rishi Sunak miss out?
March 05, 2021 08:19 AM GMT| By Team Kalkine Mediaange. The Budget has not touched upon social care funding proposals. On Wednesday, Chancellor Rishi Sunak read out how the government would plan its spending and taxation for the next year. He announced a slew of measures including the extensio...
.jpg)
Tsingshan supply deal slows down Nickel bulls
March 05, 2021 07:29 AM GMT| By Team Kalkine Mediael prices had rallied in 2020, backed by the global electric vehicle revolution. Copyright © 2021 Kalkine Media Pty Ltd LME nickel tumbled to a three-month low of more than 8% on Thursday, while Shanghai nickel witnessed the steepest fal...
.jpg)
FTSE 100 Set to Open Lower as Global Markets Tumble
March 05, 2021 07:16 AM GMT| By Abhijeetfixed a spot exchange rate of 1.3974 USD and 1.1575 EUR against a unit of pound sterling on 3 March. FTSE 100 is likely to open on a negative footing on Friday, 5 March, as fears surrounding an earlier-than-expected hike in the interest rates by...
Did you miss these updates on Oxford University-AstraZeneca’s COVID-19 Vaccine?
March 05, 2021 04:34 AM GMT| By Team Kalkine MediaSource:Viacheslav Lopatin,Shutterstock Summary German vaccination authority has given the green light to Oxford-AstraZeneca’s COVID-19 vaccine for use in seniors. Canada has received the initial shots of the Oxford-AstraZeneca COVID-19 v...
4 Foreign Stocks Hitting It Out Of The Park In The US
March 05, 2021 02:56 AM GMT| By Mark O'Donnellbled as it firmly establishes itself as the go-to e-Commerce brand across South America. Investors have typically been conservative while acquiring foreign stocks, preferring to stick with home-based businesses. Source: © Danp68 | Megapi...
.jpg)
How Bond Yields impact an economy
March 05, 2021 02:29 AM GMT| By Team Kalkine MediaSource:husjur02,Shutterstock Summary US 10-year Treasury yield crossed the 1.6% mark and hit a one-year high last week following vaccine rollout and Biden government’s anticipated stimulus package. Bond yields have an impact on the economy...
US Stocks End Lower Amid Recovery Woes, Mortgage Rate Spike
March 04, 2021 09:46 PM GMT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary S&P 500 was down 1.34%, Dow Jones shed 1.11%, and NASDAQ plunged 2.11%. Ten-year treasury bond yields were up 5.33% to 1.548 on Thursday. The 30-year mortgage rates rose...
Did a spike in bond yields hit the UK Markets; Crude oil prices surged & Gold dipped below $1,700
March 04, 2021 09:34 PM GMT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 13.82 points or 0.36 per cent lower at 3,805.90, Dow Jones Industrial Average Index drop...
Meme Stocks Can Backfire, Just Look At Hertz
March 04, 2021 04:35 PM GMT| By AnujSource: JomNicha, Shutterstock Before the Reddit-fueled rally of 2021, retail traders had heavily boosted the penny stocks of bankrupt rental car firm Hertz Global Holdings (HTZGQ:US, OTCPK: HTZGQ) in 2020 to reap maximum profits. Fast forward to T...
Why February Recorded the Worst Car Sales Since 1959
March 04, 2021 02:10 PM GMT| By Suhita PoddarSource: Mikbiz, Shutterstock Summary New car registrations in February fell 35.5 per cent annually, SMMT data showed. SMMT fears that March, which is traditionally a busy month for new registrations, would also do dismal business. In what...
Online Delivery Company Deliveroo To Have a London IPO
March 04, 2021 12:13 PM GMT| By Suhita PoddarSource: OneSideProFoto, Shutterstock Summary Deliveroo would be listing its shares on the London Stock Exchange. The company’s expected valuation is around US $7 billion based on its US$ 180-million-fundraise. The company’s listin...
Budget 2021: Tax hikes to take burden to highest value since 1960s, says OBR
March 04, 2021 11:59 AM GMT| By Team Kalkine MediaSource: Natee Meepian, Shutterstock Summary Tax hikes announced by British finance minister Rishi Sunak would push the nation’s overall tax burden to its highest level since the 1960s, said OBR. This is despite the fact that the budget h...
.jpg)
FTSE 100 Slides as European Shares Footstep Asian Equity Rout
March 04, 2021 10:37 AM GMT| By AbhijeetSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 fell nearly 1 per cent on Thursday, 4 March, tracking the stocks sell-off in Asian markets Losses in London were mostly higher due to a partial dejection amidst the investo....
