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Monday morning blues as EY forecast worse UK recession than expected

For almost two years, there have been constant looming thoughts that the United Kingdom's economy may face a long, drawn out recession. During 2021, a time when the interest rates were rising at levels not seen in the past five decades across Europe and North America, there were reports casting

The Davos dampener: Markets stagnant on WEF discussions

The annual World Economic Forum conference is well under way this week, and as can perhaps be expected, the debates taking place at the event, which is being held in its usual location of Davos, Switzerland, are having an effect on the global markets. The World Economic Forum, often referred

Oil price on the backfoot in early 2023 despite high demand

If the year 2022 can be remembered for any recurring feature in terms of demand for commonly traded commodities, it can be remembered as a year of high energy prices across many Western countries, with oil being one of the most prized consumable commodities of the year. In the summer

US Dollar rally against EUR and GBP was short lived

Yesterday, a dramatic start to the year 2023 began, as the British Pound and Euro sank rapidly against the US Dollar. Indeed, the British Pound dropped significantly on the first trading day of the year, plunging to its lowest point in over 2 months in the first two hours of

Tesla stock reaches 1-year low, loses another 11% in just one day

It has been a very rough ride for Tesla stock over recent months. Yesterday's New York trading session was another case in point as Tesla stock declined in value to $109.1 per share, representing its lowest point in over a year, by a considerable margin. Over the course of

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. FXOpen UK: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
FXOpen EU: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.