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Trader`s Blog

Halliburton still in the red due to falling oil demand


Halliburton still in the red

Halliburton has posted its fourth consecutive quarterly loss as falling oil demand continues as major economies prepare to adopt new mobility restrictions to curb the spread of the coronavirus. The world's second largest oilfield services provider posted a net l

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Weekly Market Outlook: Corporate earnings and PMI figures take centre stage


Weekly Market Outlook: Corporate earnings and PMI figures take centre stage

It's a big week ahead filled with a large number of corporate third-quarter earnings announcements from US companies and a few European companies as well. This includes the likes of heavyweights such as:

  • Netflix
  • IBM
  • Tesla
  • Barclays
  • Unilever

Of cou

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Johnson says UK preparing for no-deal Brexit


Johnson says UK preparing for no-deal Brexit

UK Prime Minister Boris Johnson said the country is now preparing to leave the European Union without a free trade deal in place. Johnson blamed the bloc for not giving good enough terms and said he would seek a no-deal Brexit unless there is a "fundamental chan

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NIO shares rocket higher on JP Morgan upgrade


NIO shares rocket higher on JP Morgan upgrade

Shares in Chinese electric vehicle maker NIO have been in hot demand after an analyst at JP Morgan upgraded the stock. Shares were instantly up around 15% on the note in what is now considered a very hot sector.

The analyst, Nick Lai, upgraded the company to

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Nasdaq100 about to push to new All Time Highs


Nasdaq100 about to push to new All Time Highs

US Equities saw a strong start into the new week of trading with the Nasdaq Composite outperforming, seeing a gain of more than 2.5%.

Apple and Amazon stood out with impressive results. Amazon's recent gains could mainly have been driven by Prime Day, but th

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