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Will CVS Health Corp. Sustain on Higher Levels After A Sharp Rally?
April 14, 2021 07:55 PM AEST| By Team Kalkine MediaSource: ranjith ravindran, Shutterstock Summary CVS Health Corp. made a new lifetime high and delivered a return of ~39.50 percent in the past six months. CVS Stock prices are trading in a rectangle channel formation on the daily chart. The s...
Sugar Prices Ripe to Jump out of Bear Grip?
April 14, 2021 06:37 PM AEST| By Team Kalkine Mediaping trendline at US$398.80 that might provide upside potential for the commodity. The ICE white sugar number 5 prices have witnessed sharp downside movement by 7.71% to US$ 420 per ton in March 2021 compared to US$ 455.1 per ton in February 202...
Airlines Might Check New EU COVID-19 Pass Before Onboarding Travelers
April 14, 2021 05:52 PM AEST| By Team Kalkine MediaSource: diy13, Shutterstock Summary European Union (EU) plans to roll out a digital travel certificate to start foreign travel for all EU citizens. The certificate would be valid till WHO confirms the end of the COVID-19 pandemic. The objecti...
Coinbase is going public: Everything you need to know
April 14, 2021 04:49 PM AEST| By AayushSource: Piotr Swat, Shutterstock Summary Coinbase is all set to mark its debut on Wall street via the direct listing route. NASDAQ has set the reference price of US$250 per share for Coinbase listing. It will have approximately 261.3 million...
FTSE 100 Likely to Open Flat as Macro Worries Bite Investor Confidence
April 14, 2021 04:44 PM AEST| By AbhijeetSource:Copyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 is set to open largely flat on Wednesday Lower GDP growth in February has faded optimism The futures linked to the FTSE 100 traded little changed Asian markets registered a...
Will the Exuberance in The London IPO Market Continue?
April 14, 2021 04:14 PM AEST| By Suhita PoddarSource: aminphotoz, Shutterstock Summary Since the financial crisis of 2007-08, the first quarter of 2021, LSE has witnessed its best in terms of IPO. Cybersecurity firm, Darktrace is expected to go public in the near term. Fintech Firm...
Singapore Is Out Of Recession: Economy Grows 0.2% In Q1
April 14, 2021 01:29 PM AEST| By Furquan MoharkanSingapore’s Marina Bay Sands super mall is the largest and most luxurious shopping mall in Asia. Image Source: Ypa249834814 | Megapixl.com Singapore, the Southeast Asian country, has finally emerged out of the recession, as its economy grew ma...
High on Coinbase’s IPO news, Bitcoin sets a new record
April 14, 2021 11:13 AM AEST| By AayushSource: Bordovski Yauheni, Shutterstock Summary Bitcoin prices rose above the $63,700 level for the first time on Tuesday. Other popular cryptocurrencies such as Litecoin and Dogecoin have also registered their respective lifetime highs....
White House in firefighting mode after pause on J&J jabs
April 14, 2021 11:08 AM AEST| By Furquan MoharkanSource: RajCreatives, Shutterstock Summary 6 bloodclots reported among the US citizens after J&J vaccine CDC, FDA analysing the data in clots Australia has also been guarded about usage of AstraZeneca vaccine The White Hou...
FTSE 100 ended on a flat note; Bitcoin traded at a new record level
April 14, 2021 04:24 AM AEST| By Team Kalkine MediaSource:Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.05 points or 0.07 per cent higher at 4,132.08, Dow Jones Industrial Average In...
Bitcoin Breaches US$63K Mark Ahead Of Coinbase’s Public Debut
April 14, 2021 12:52 AM AEST| By AnujSource: Andreanicolini, Shutterstock Bitcoin crossed the US$ 63,000-mark for the first time on Tuesday morning, April 13, a day before US crypto exchange Coinbase Global Inc is set to go public on the NASDAQ via a direct listing. The crypto exchange...
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Exports of Goods to The EU Recover in February From Sharp Fall of Previous Month
April 13, 2021 10:35 PM AEST| By Suhita PoddarSource: MOLPIX, Shutterstock Summary UK’s exports of goods, other than non-monetary gold and other valuable metals, to the EU increased by 46.6 per cent Nation’s total exports of goods (other than non-monetary gold and other precio...
FTSE 100, GBP Struggle as Feb 21 GDP Stays Well Below Oct 20 Peak
April 13, 2021 10:25 PM AEST| By Abhijeetctober’s reading GBP slipped into negative territory against the US counterpart UK shares traded range bound, largely in the negative territory in the early afternoon deals on Tuesday, 13 April, after the February 2021 UK GDP read...
UK Economy Expands By 0.4% In February 2021
April 13, 2021 07:54 PM AEST| By AbhijeetSource: deepadesigns, Shutterstock Summary UK GDP growth stood at 0.4 per cent in February 2021. February GDP is 3.1 per cent below October 2020 reading. ONS revised January’s 2.9 per cent contraction to 2.2 per cent. The UK econom...
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FTSE 100 Set to Open A Tad Lower as Global Trade Remains Volatile
April 13, 2021 05:12 PM AEST| By AbhijeetCopyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 is expected to start marginally lower on Tuesday Wall Street ended lacklustre on Monday, with all three indices closing in red Barring China, all major Asian markets traded in gree...
Opinion: Banks may be reluctant lenders this year
April 13, 2021 02:38 PM AEST| By Furquan MoharkanRepresentative Image: A still-life with a home loan mortgage application, home loan calculator on smartphone and keys. © Cammeraydave | Megapixl.com Banks across the world are more likely to be reluctant lenders in this calendar year, whic...
Uber clocks record bookings in March on vaccination boost
April 13, 2021 02:10 PM AEST| By Team Kalkine MediaSource: Viacheslav Lopatin, Shutterstock Summary Uber’s gross bookings touched record high in March as consumer demand revives. Mobility business’ annualised gross bookings crossed a $30 billion run rate, up 9% on a month-over-mont...
WHO says COVID surge is ‘exponential’ right now
April 13, 2021 11:12 AM AEST| By Team Kalkine MediaA picture of a closed shop, due to the surge of novel Coronavirus COVID-19 pandemic, © Chfonk | Megapixl.com The World Health Organisation (WHO) has said that COVID surge has been “exponential” across the globe, as epicentre of...
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Banking & Mining shares drag FTSE 100 lower; Petrofac stock up 13.21%
April 13, 2021 04:18 AM AEST| 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 6.40 points or 0.16 per cent lower at 4,122.40, Dow Jones Industrial Average Index di...
GBP shines against USD as England restarts in second stage
April 12, 2021 11:43 PM AEST| By AbhijeetSource: ALAUR RAHMAN, Shutterstock Summary Pound gained strength vs USD as England started to reopen. The GBP to USD pair was trading at 1.3776, up 0.50 per cent. Domestic currency has depreciated more than 600 bps in a month. The...
