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Trader`s Blog

Amazon hit with $28 billion antitrust complaint


Amazon hit with 28 billion antitrust complaint

Amazon shares are on the backfoot after the European Commission filed formal preliminary antitrust charges against the company this week. If successful it could cost Amazon more than $28 billion which is about 10% of the company's global revenue.

The antitru

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Pessimism around the recovery in demand slows the rising oil rally


Pessimism around the recovery in demand slows the rising oil rally

Pessimism once again weighs on the price of oil after both OPEC and the International Energy Agency have warned that demand will not recover quickly in 2021, despite advances in vaccines against Covid-19.

OPEC has noted in its latest report that world oil de

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New yearly highs: vaccine hopes drive cheers from Pfizer bulls


New yearly highs: vaccine hopes drive cheers from Pfizer bulls

The trading week started with a bang: Pfizer and BioNTech announced that they found an experimental vaccine that is over 90% effective In preventing Covid-19. As a result, global stock markets and risk assets soared higher – but, surprisingly, stocks from pharma

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Moderna shares jump on vaccine hope!


Moderna shares jump on vaccine hope!

Shares in biotech company Moderna Inc, jumped higher on Wednesday after the company reported a potential vaccine that could be as good as Pfizer's 90% effectiveness. Earlier in the week, Pfizer's trial results sent risk assets flying higher.

However, with ma

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European stocks lose strength but optimism continues to reign


 European stocks lose strength but optimism continues to reign

The European stock markets have continued to register gains for another day, still driven by the advances of the Covid-19 vaccine announced by Pfizer together with BioNtech at the beginning of the week. However, the rises are much more moderate as none of the ma

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Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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.