Market analysis

Should you buy or sell the Swedish krona as it drops to a record low against the euro?

June 21, 2023 11:29 PM AEST| By Invezz

Given the euro area’s challenges, the European common currency (EUR) is remarkably resilient. It trades at 1.09 against the US dollar and gains ground against other rival currencies. In some specific cases, the euro’s strength is even mor...

Nikkei 225 is on track to break above 40,000 points

June 20, 2023 07:04 PM AEST| By Invezz

Japan is a country where monetary policy is taken to the extreme. Despite inflation rising in Japan, the Bank of Japan (BOJ) did not tighten the monetary policy as other central banks did. In fact, it did the opposite. Therefore, it is fair to say th...

The “Magnificent 7” – mega-tech stocks that led the market higher

June 09, 2023 04:11 PM AEST| By Invezz

In a time when many investors talk about the next US recession, the stock market ignores all the traditional warnings and keeps marching higher. For example, the S&P 500 index is up over +11% YTD, a spectacular performance given all the recession...

NASDAQ 100’s surge continues as NVIDIA joins the $1 trillion club

May 31, 2023 02:31 AM AEST| By Invezz

The NASDAQ-100 index is surging. It is up more than +32% YTD, and investors can’t get enough tech stocks as they wish. Several factors contributed to the resurgence. For example, some companies, such as Amazon (NASDAQ:AMZN) or Meta (NASDAQ:META...

IBEX 35 price forecast after yesterday’s red day for European equities

May 25, 2023 07:32 PM AEST| By Invezz

European equities tumbled yesterday as uncertainty dominates financial markets. With the debt ceiling deadline in the United States approaching fast, the bearishness of the US indices affects global equity markets. Diversification is key when buildin...

3 reasons to be bullish on the S&P 500 index

May 23, 2023 09:19 PM AEST| By Invezz

Financial markets are slow this May as investors await the end of the debt ceiling negotiations. As such, it is a good time to look at the bigger picture and focus on the long-term perspective. One thing strikes me as odd. While the Federal Reserve r...

This Bitcoin price chart should cheer all of BTC bulls

January 01, 1970 10:00 AM AEST| By Invezz

Bitcoin (BTC) price has remained in a holding pattern in the past two weeks as it continued to underperform American equities, which had their best week in over nine months. Bitcoin has been stuck between the support at $57,000 and the resistan...

Rio Tinto, BHP shares are at risk as iron ore, copper prices sink

January 01, 1970 10:00 AM AEST| By Invezz

Rio Tinto (LON: RIO) and BHP (ASX: BHP) share prices have dropped sharply this year and the situation could worsen as iron ore sinks. In Australia, BHP shares have fallen for four consecutive weeks and were trading at A$39.73, down by 20% from the ye...