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Unilever Shares Dragged FTSE 100 Lower; ECB Kept Interest Rate Steady
July 23, 2021 04:13 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 4.99 points or 0.11 per cent lower at 4,353.70, Dow Jones Industrial Average Index dipped by 58.74 points or 0.17 per cent lower at 3...
FTSE100 trades above 7000 mark on strengthening manufacturing sector
July 23, 2021 12:00 AM AEST| By Suhita PoddarSummary UK manufacturing sector output volume grew at the fastest pace in the last three months as per the industrial trend survey. Crude oil trades above the USD 70 mark after the reports of demand from economic recovery outpacing the cr.....
Why are BrewDog, Next Plc and M&S making news today?
July 22, 2021 09:07 PM AEST| By Kamalika GhoshSummary Craft beer manufacturer BrewDog plans to go public sometime in 2021 and compete alongside other major beer giants Next Plc’s eleven-week sales to 17 July 2021 registered year-on-year growth of 18.6 per cent as against 2019-20.....
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Can you avoid paying taxes on your Bitcoin profits?
July 22, 2021 08:35 PM AEST| By Suhita PoddarSummary Putting resources into bitcoins doesn't mean you are excluded from tax liabilities. In Europe, Bitcoin isn't liable to tax burden except for the UK. The cost of bitcoin has taken off dramatically the last year, allowing finan.....
Bridgepoint IPO: Shares rise 29% on the debut day
July 22, 2021 05:48 PM AEST| By Kamalika GhoshSummary Private equity firm Bridgepoint made its debut with a bang on LSE, shares moved over 29 percent on the very first day. At the initial launch price of GBX 350, the shares had a market capitalisation of £2.88 billion. Pri.....
Join the space race: Stocks you may consider for investment
July 22, 2021 05:05 PM AEST| By Kamalika GhoshAverage people may not be able to fly off to space yet, but the space sector stocks could go to the moon. The space industry has been witnessing an influx of investments. The month July particularly turned out to be a very eventful month. On 11 Jul.....
What does Biden administration’s latest move on cryptocurrency mean for investors?
July 22, 2021 01:41 PM AEST| By Furquan MoharkanThere have long been concerns surrounding the underground economy supported by cryptocurrencies. Few years back, the global drug trafficking was also alleged to be supported by digital currencies. With more and more formalisation of cryptocurrencies,...
Does Dash have the upper hand over Bitcoin?
July 22, 2021 01:02 PM AEST| By Jasmine AnandSummary Dash, a derivative of Bitcoin, was introduced with the aim of increasing transactional speed and maintaining privacy. Bitcoin, though the most popular cryptocurrency around the world, has few shortcomings, which were improvised upon by .....
What is brewing in the APAC markets?
July 22, 2021 12:51 PM AEST| By Furquan MoharkanIt has been a mixed week for the Asia Pacific (APAC) equity markets – at least till now. While the key benchmarks across the region tanked in the beginning of the week, they recovered most of the losses in Wednesday’s rally. The trigger...
Worried about COVID-19? Here’s what you can do to stave off the virus
July 22, 2021 11:33 AM AEST| By Furquan MoharkanIn May, when India hit the second wave peak, the world hoped that the virus might have been gone for good. But the tenacious virus seems to have another plan. The virus can beat any mobile phone maker fair and square, when it comes to upgrades. The v...
US stocks surge on robust earnings reports
July 22, 2021 07:47 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 21, continuing their gains from the previous session as positive quarterly earnings reports lifted the investors' sentiments. The S&P 500 was up 0.82% to 4,358.69. The Dow Jones gained 0.83%...
FTSE 100 Traded Near 7,000 Level, Boosted by Travel & Retail Shares
July 22, 2021 04:31 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 28.49 points or 0.66 per cent higher at 4,351.70, Dow Jones Industrial Average Index surged by 272.50 points or 0.79 per cent higher at 34,7...
5 trending stocks on FTSE: Nvidia, Rolls Royce, Scottish Mortgage, Lloyds Banking, and IAG
July 21, 2021 11:17 PM AEST| By Suhita PoddarSummary Bank of England forecasts inflation to be above its earlier expectations as a result of the temporary pent-up demand. Recently, Palo Alto Networks collaborated with NVIDIA to use its BlueField data processing unit for the development of.....
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What's the buzz around National Insurance in the UK?
July 21, 2021 10:41 PM AEST| By Suhita PoddarSummary The UK government may hike the national insurance contribution in order to tackle a shortfall in social care funding. The UK government is planning to increase the national insurance contribution by 1%. The hike in National insur.....
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FTSE100 trades in the positive zone, near to regain crucial 7000 mark
July 21, 2021 10:36 PM AEST| By Kamalika GhoshSummary FTSE100 was trading in a positive zone up by 112 points, led by a gain in retail and travel stock. Gold futures contract trades in negative, as investors keep an eye on important ECB meet starting today. FTSE 100 continues to.....
Lloyds Report: Why hospitality surged in June despite a slowdown in UK recovery
July 21, 2021 09:42 PM AEST| By Suhita PoddarSummary The hospitality sector touched a 9 year high in its June output despite a majority of other sectors recording a slowdown, according to a survey by UK banking group Lloyds. The hospitality sector’s output surged on the back o.....
Is buying Tether at this point advisable?
July 21, 2021 09:20 PM AEST| By Kamalika GhoshSummary Tether is a stablecoin, whose value is pegged to the US dollar. It can be used for buying other cryptocurrencies, transferring money, and earning interest. Tether has recently seen a surge amid the Black Thursday sell-off in Marc.....
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10 most shorted stocks on FTSE
July 21, 2021 07:14 PM AEST| By Suhita PoddarSummary Short selling is a high risk/ reward trading strategy that is gaining popularity with new investors. Short seller aims to profit from a drop in share price by selling the shares in open market. Short selling as a trading .....
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Babylon IPO: How SPACs are increasingly becoming the favoured tool for new launches
July 21, 2021 05:43 PM AEST| By Kamalika GhoshSummary Babylon Health to launch in the markets through a SPAC IPO. Alkuri Global Acquisition is the SPAC acquiring Babylon Health. The deal would give $4.2 billion pro forma equity value to Babylon. Babylon Health, a UK health tech.....
Was the market correct on Bitcoin price prediction?
July 21, 2021 04:37 PM AEST| By Daniel Paul JohnsSummary Renowned investor, Michael Burry, said in June 2021 that Bitcoin and cryptocurrencies, in general, were heading for “the mother of all crashes”. The price of Bitcoin currently sits at US$30,637.11, dropping below the trading.....
