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Market Analysis

Market Spotlight: Spotify Shares Eyeing Major Support Level

Spotify Shares Continue LowerSpotify shares are trading lower once again this week with prices now at their lowest level since the beginning of the pandemic in Q1 2020. The company has been mired with...

Market Spotlight: LME Suspends Nickel Trading Following Spike

Nickel Rally Sparks Emergency MeasuresTheLondon Metals Exchange has today introduced emergency measures to halt the tradingof Nickel. The LME took the action in response to the dramatic rally in...

Market Spotlight: Natural Gas Breakout Opportunities

The crisisin Ukraine has had a sharp, upward impact on global energy prices. With theworld already battling with the difficulties stemming from higher energyprices, the squeeze on consumers and...

Market Spotlight: Lockheed Martin Hits Fresh All-Time-Highs

Ukraine Crisis Driving Defence Stocks HigherWithdefence stocks soaring amidst the violence in Ukraine and the uncertainty andfear spiralling out of that crisis, Lockheed Martin’s stock price has...

Market Spotlight: Trading Today's February NFP Release

WithFed chairman Powell having confirmed the Fed’s intentions to hike rates at thecoming March meeting, the prospect of today’s data creating any meaningful liftin USD appears slim. Unless we see a...

Market Spotlight: GBPCAD Hits Second Target

GBPCAD Continues LowerThe downward trend in GBP this week has been most obvious against commodity currencies. With surging oil prices supporting CAD, and with the BOC kicking off its tightening...

Market Spotlight: Kernel Group Shares Stabilise Following Collapse

KER Holding OnShares in Kernel, the Ukrainian firm which is the largest global exporter of sunflower oil, are attempting to bounce back this week. As news of the Russian invasion broke last week, the...

Market Spotlight: EURCAD Sinks on BOC Rate Hike

BOC Highlights Upside RisksThe Bank of Canada kicked off its tightening cycle as expected yesterday. BOC governor Macklem announced a .25% hike and signalled further hikes to come across the year. The...

Market Spotlight: Trading Today's BOC Meeting

TheBOC interest rate decision today comes at a time when CAD is already on themarch due to higher oil prices. With the market expecting the BOC to lift ratesby a further .25%, along with signalling...