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Trader`s Blog

Alibaba stock plunges 8% even after record $56 billion Singles Day! Why?


Alibaba stock plunges 8% even after record $56 billion Singles day! Why?

Chinese e-commerce giant, Alibaba, just set a new sales record for its annual Singles Day shopping event which took place on 11 November. As of 12:30 am Beijing time the company's gross merchandise value was $56.42 billion. That figure is still growing.

Othe

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Adidas falls more than 6% on the stock market after presenting results


Adidas falls more than 6% on the stock market after presenting results

Adidas shares fell more than 6% in the stock market at 11 am this morning after the German company announced that it made a net profit of 281 million euros through September, 84.4% less than a year earlier. Despite the fact that Adidas has suffered a drop in sal

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Strong earnings and technical break: Barrick Gold heading higher



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Markets surge as Pfizer vaccine prevents 90% of Covid cases!


Pfizer vaccine

Global stock markets and risk assets have soared higher as the first effective coronavirus vaccine showed it can prevent 90% of people from contracting Covid-19. The developers of the vaccine - Pfizer and BioNTech - said that their vaccine has been tested on 43,

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Weekly Market Outlook: RBNZ, UK & US data take centre stage


Weekly Market Outlook: RBNZ, UK & US data take centre stage

Just as traders and investors digest the aftermath of Joe Biden becoming the 46th President of the United States, another week of economic data and earnings announcements starts up. While the week is relatively light compared to the last few months it could be m

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Risk Warning

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