Market News

London Stock Exchange share price rare pattern points to a surge to 13,440p

The London Stock Exchange (LSEG) share price has pulled back in the past few weeks, moving from the April high of 10,120p to the current 9,162p. This retreat will likely be brief as the company’s fundamentals are still strong and it has slowly formed the bullish inverted head-and-shoulders pattern. London Stock Exchange shares are forming… Continue reading London Stock Exchange share price rare pattern points to a surge to 13,440p

Lloyds share price nears pivotal level: is the 3.64% dividend yield worth it?

Lloyds Bank (LON: LLOY) share price has moved sideways this year as concerns about its growth and the British economy have remained. It was trading at 100.50p on Friday, inside the range it has remained at in the past few months. So, is it a good stock to buy for investors as its dividend yield… Continue reading Lloyds share price nears pivotal level: is the 3.64% dividend yield worth it?

USD/KRW: Here’s why the South Korean won is falling as Kospi Index surges

The South Korean won continued its strong downward trend, reaching its lowest level since 2009, despite the ongoing Kospi Index surge. The USD/KRW exchange rate surged to 1,550, up sharply from the year-to-date low of 1,420.  South Korean won, and the Kospi divergence continues The South Korean won and the country’s stock market have diverged… Continue reading USD/KRW: Here’s why the South Korean won is falling as Kospi Index surges

Brent crude oil price forecast as the consolidation continues: will it rise or crash?

Brent crude oil price remains in a narrow range this week as investors watch the new developments in the ongoing US-Iran crisis. It was trading at $95.40 today, June 5, after Hezbollah rejected the new ceasefire agreement between Israel and Lebanon.  Odds of new fighting rise as Hezbollah rejects ceasefire Brent and the West Texas… Continue reading Brent crude oil price forecast as the consolidation continues: will it rise or crash?

Sandisk stock is firing on all cylinders: is a day of reckoning coming?

Sandisk stock price continued its bull run this week, reaching its all-time high amid the ongoing AI boom. SNDK has already jumped by over 600% this year and by over 4,000% in the last 12 months. While this rally may continue, there are substantial risks that it will suffer a strong reversal over time. Sandisk… Continue reading Sandisk stock is firing on all cylinders: is a day of reckoning coming?

USD/JPY forecast: Japanese yen crashes as traders predict 2 BoJ rate hikes

The Japanese yen continued its downward spiral today as the US dollar crash gained steam and as economists predicted that the BoJ will hike interest rates twice this year. The USD/JPY exchange rate jumped to 159.88, its highest point since April 30th. It has now nearly completed its recovery since the BoJ intervened in April. … Continue reading USD/JPY forecast: Japanese yen crashes as traders predict 2 BoJ rate hikes

Will the Scottish Mortgage shares rise? SpaceX and Anthropic may hold the answer

Scottish Mortgage (LON: SMT) share price remained steady and broke above a key resistance level this week as investors looked ahead to the potential IPOs of SpaceX and Anthropic, two high-profile private companies in which the trust holds significant stakes. The stock climbed to a high of 1,533p, marking a gain of more than 154%… Continue reading Will the Scottish Mortgage shares rise? SpaceX and Anthropic may hold the answer

Here’s why the Pi Network Coin price has crashed to a record low

Pi Network price just crashed to a record low, continuing a downward trend that has been going on since its mainnet launch early last year. It plunged to a low of $0.1190, bringing its market capitalization to over $1.4 billion, a $18.6 billion lower than its all-time high of $20 billion. This article explores why… Continue reading Here’s why the Pi Network Coin price has crashed to a record low