Shares rose in London this morning as market re-opened after the four-day bank holiday weekend. But sterling failed to benefit from a limited memorandum of understanding between London and Brussels on financial services.
America’s Nasdaq stock market, a showcase for high-tech firms, has had a difficult three months, and has recently been outperformed by the venerable Dow Jones index. So what are the top penny stocks to watch on Nasdaq in 2021?
Oil prices remain close to three-monthly highs, buoyed by economic recovery from measures to control the coronavirus. Despite moves to a carbon-free world, crude producers are confident that oil has a secure future.
Stock markets fluctuate throughout each trading session, sometimes in predictable ways. This obviously affects the prospects for those who enter the market at different periods, so what is the best time of day to buy stocks?
The price of gold seems set on a downward trend as its rival safe-haven asset, the dollar, has made gains. Anyone who bought bullion during its peak last summer will be nursing heavy losses.
Wall Street’s venerable Dow Jones index has more than recovered from the sharp drop of a year ago, triggered by the coronavirus crisis. But is there more to come or is all the good news already reflected in share prices?
In a world of booming tech stocks, few have boomed as loudly as TransEnterix (TRXC), now re-badged as Asensus, which provides “augmented intelligence” for use in surgery. The shares have risen several hundred per cent this year, but what would be a realistic TRXC stock forecast?
Shares were lower in London this morning but sterling generally stronger as the dispute over Northern Ireland trade moved closer to the courts. The European Union is threatening to sue the UK over its refusal to implement border controls on trade between Great Britain and Northern Ireland.
Oil prices are close to three-monthly highs, buoyed by Middle East tensions, economic recovery and a massive US stimulus package. Whatever the question marks over oil’s long-term future, the immediate picture is far brighter than many dared hope a year ago.
Europe’s single currency had seemed destined to embrace nearly all the members of the European Union. But it has been six years since a new member joined, creating a lopsided EU monetary scene.
It may seem that a stock-market prediction for the next 3 months is relatively easy, with a continuation of the upswing of the past 3 months both for international stocks listed in London and more domestic shares. But if the good news is already priced in, what could go wrong between now and the middle of June?
The gold price has come down a long way since its August peak, but the 12-month picture is more positive. However, the increasing attraction of US bonds and the dollar could be hazardous for gold investors.
The Eurostoxx 50 index of leading companies in the euro-zone has bounced back from the lows seen a year ago and is close to touching its previous five-yearly high. But much will depend on the performance of the economy of the single currency bloc.
London stocks made a buoyant start to the week this morning, reflecting stock market gains across Europe. But looming on the horizon is a lawsuit from Brussels about UK actions in relation to trade with Northern Ireland.
London’s blue-chip FTSE 100 index has clawed back most of the ground lost during the coronavirus-related turmoil of a year ago. But many uncertainties remain, so what is a realistic UK stock market forecast for 2021?
