​​​Nasdaq 100 looks for more gains ​The index finished up on the week, having rallied back above 18,000 as well as holding above the 200-day SMA.​For the moment the buyers remain in control, having lifted the index from its lows. Further gains target 19,000 and then the late July high at 19,500. A close back below 18,000 might signal that...

​​​China slowdown weighs on Alibaba ​Alibaba reports earnings on 15 August. It is expected to see earnings per share rise to $2.12 from $1.41 in the previous quarter, while revenue is forecast to rise to $34.71 billion, from $30.92 billion in the final quarter of FY 2024. ​China's economic growth has been sluggish, with GDP rising just 4.7% in the...

Risk Appetite Attempts a Recovery On Monday we witness a very different start to the trading week than we did last week. It would appear that the short-lived panic has subsided to more reasonable levels, with the volatility Index (VIX) declining from 65 to just over 20, ahead of the New York open. The Aussie dollar is often viewed as...

British Pound (GBP) Latest – GBP/USD Analysis BoE hawk Catherine Mann is concerned about wage growth.Sterling's recent revival continues, 200-dsma provides support. Recommended by Nick Cawley Get Your Free GBP Forecast Bank of England MPC policy member Catherine Mann, one of four rate-setters who voted to leave interest rates unchanged at the last central bank meeting, warned this weekend that...