January Market Performance: ASOS Emerges as Top Performer, Airlines & Clean Energy Companies Thrive in Challenging Market

FTSE 350 Market Watch ASOS, the popular online fashion retailer, emerged as the best-performing asset in January despite facing a severe market storm. As a result, the company’s stock has surged 71% and continues to gain, rising 0.4% on Tuesday. Although the recent growth is impressive, ASOS’ stock is still below its levels from 2021. … Read more

Crude Oil Market Faces Uncertainty Amid Surplus, Drone Attack, and Recession Fears

Crude Oil Watch The oil market is already facing challenges with the surplus of crude oil from Russia, and the drone attack in Iran has added to the uncertainty. Moreover, the situation in the Middle East has escalated further with the attribution of the attack to Israel by a US official, causing high tensions in … Read more

Crypto Market Primed for Selloffs – Here’s Why

BTC’s 30d MVRV has touched early 2021 bullish market regions, leading to unrealized profits for most investors. On-chain indexes show miners are selling, increasing challenges to the current rally. Developments such as United States banks suspending deals with cryptocurrency exchanges begin to pile up. Bitcoin has highly contributed to the latest uptrends in the cryptocurrency … Read more

Experts Predict Comeback for Norwegian Krone Against US Dollar: Insights & Challenges

Norwegian Currency to Rebound Against The USD Experts are predicting a comeback for the Norwegian Krone against the dollar, thanks to the immense wealth generated from the country’s oil production activities. According to market analysts, the market is undervaluing the currency given its recent performance and the significant revenue Norway receives from its energy exports. … Read more

Should You Invest in Household Building Shares? Understanding the 2022 Market Decline & 2023 Opportunities

The stock market has been a rollercoaster ride in 2022, with household building shares taking a colossal hit. These shares have been the poorest performers in 2022, dropping by over 30%. This number raises the question: is this an opportune time to buy shares in the household building industry, or is it a risk? As … Read more

Stock Market Continues to Perform Well Despite Dip in CPI: Evaluating Latest Data & Factors

US stocks continued to perform well for the second week despite a dip in the Consumer Price Index (CPI). The CPI fell by 0.1% during the week, but prices are still higher than last year by over 6.3%. Analysts attribute the stock market’s continued strength to several factors, including positive economic data and strong corporate … Read more

Bitcoin (BTC) Mining Stocks Soar Amid Crypto Market Rebound

The top five BTC mining companies have seen double-digit gains. Cryptocurrency mining stocks remain well down from their highs. Coinbase and MicroStrategy also saw a massive trading week. Cryptocurrency prices aren’t the only ones witnessing upside actions this week. BTC mining stocks record uptrends amidst revived market momentum. In addition, this week has seen share … Read more

Euro Touches New Highs as the Dollar Wanes Ahead of US Inflation Data

Wednesday sessions saw the euro slightly hitting its highest mark against the United States dollar in about seven months. That comes as the dollar deteriorates ahead of the up-and-coming US inflation stats. The euro climbed to explore its highest region since 31 May, near $1,0766, as market participants forecast that the Federal wouldn’t have to … Read more

Economic Slowdown and Inventory Increase Fail to Dampen Oil Prices Amid Broader Market Gains

European Stocks Rally as Investors Digests Strong Corporate Earnings Wednesday saw a surge in the Europe equity market as investors analyzed the latest quarterly results from various companies, as the retail sector drew particular attention. At 09:00 GMT, Germany’s DAX index rose by 0.4%, and France’s CAC 40 climbed 0.5%. In addition, the Financial Times … Read more

Opinion: QuantumScape – A Long-Term Investment Opportunity Despite Recent Stock Decline

2022 ended low for the larger indices, with many tech stocks hitting new lows. QuantumScape did not survive the crash and declined by almost 90% in the year. The battery company started the first week of 2022 on a high note before taking a turn for the worst. The shares dropped by 77% in the … Read more

Stock Recovery: How Changing Your Investment Mindset Can Help You Navigate Market Volatility

Since 2008, 2022 has been a poor year for investors, with the S&P 500 losing 20% and the Nasdaq Composite ending 2022 with a 33% decline. The question on everyone’s mind is, will the stock market weather this storm? However, investors should tune their minds differently. Let us see. Change your Investment Mindset Predicting the … Read more