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Read more about the article S&P500 Futures React Positively to Labour Market Stats
Trading

S&P500 Futures React Positively to Labour Market Stats

Amidst Wednesday's trading session events, all eyes were on the S&P500 Futures (CME: ES) as market participants eagerly awaited pivotal labour market data alongside the much-anticipated testimony from Federal Reserve…

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March 7, 2024
Read more about the article PGM Slump Hits Sibanye Stillwater: Rebound in Sight?
Trading

PGM Slump Hits Sibanye Stillwater: Rebound in Sight?

Sibanye-Stillwater Limited (JSE: SSW) reported a significant loss for the year ended 2023, primarily due to a sharp decline in PGM (platinum group metals) prices. The company took a $2.6…

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March 7, 2024
Read more about the article Dow Jones Down for a Second Week in a Row
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Dow Jones Down for a Second Week in a Row

The Dow Jones 30 Futures (CME: YM) have experienced a notable downturn this week, with the index futures seeing a decline of just over 1%. If it closes in negative…

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March 7, 2024
Read more about the article AUDUSD Seeks Stability Amid Mixed Signals
Trading

AUDUSD Seeks Stability Amid Mixed Signals

The Australian Dollar (AUD) has gained over 0.3% today, defying expectations after Australia's GDP report revealed slower-than-expected growth of 0.2% in Q4 2023. This data, coupled with a potential delay…

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March 6, 2024
Read more about the article FTSE100 Dips as U.K Recession Weighs on Confidence?
Trading

FTSE100 Dips as U.K Recession Weighs on Confidence?

The FTSE100 (LSE: UKX) has faced challenges in gaining momentum this year, currently trading 1% lower year-to-date and facing the prospect of a third consecutive week of losses.   The U.K.'s…

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March 6, 2024
Read more about the article Revenue Soars, Earnings Miss: Is Aspen a Pharma Pill Worth Swallowing?
Trading

Revenue Soars, Earnings Miss: Is Aspen a Pharma Pill Worth Swallowing?

Aspen Pharmacare Holdings Limited (JSE: APN) reported solid results for the six months ended December 31, 2023, despite a 6% decline in headline earnings per share. Revenue grew 10% to…

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March 6, 2024
Read more about the article GBPUSD Slips on Strengthen Greenback
Trading

GBPUSD Slips on Strengthen Greenback

The British pound (GBP) has faced headwinds this week, losing its earlier momentum against the US dollar (USD) on the back of lower-than-expected PMI figures from the UK. Both the…

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March 6, 2024
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