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Category Archives: Market news

Kohl’s Cuts Its Guidance as Middle Class Shoppers in the U.S. Increasingly Tighten Their Belts

Posted on August 22, 2022August 22, 2022 | No Comments

Pictured: tall, glass-covered skyscrapers

Source: Dreamstime | Author: DeltaStock

Reading time: 2 minutes

The largest U.S. department store chain offered anything but a comforting earnings performance, blaming record-high inflation for the subpar sales performance. The company’s shares slid shortly after the news, declining a total of 31% since the year began.

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Changes to Trading Hours – Assumption of Mary (15.08.2022)

Posted on August 12, 2022August 12, 2022 | No Comments

Daylight-saving time summer time on a wall clock

Source: Dreamstime | Author: Creativeimpression

We are informing all our clients that, on August 15th, 2022 (Monday), the CFD market on Italian shares will be closed in connection with the Assumption of Mary holiday in Italy.

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The UK Is at a Crossroads as Boris Johnson Resigns

Posted on July 7, 2022July 7, 2022 | No Comments

Picture of British PM Boris Johnson

Source: Dreamstime | Author: Frédéric Legrand

Reading time: 2 minutes

British Prime Minister Boris Johnson will resign as leader of the Conservative party “within hours”, but will remain on the job until autumn to allow a Tory leadership contest to take place, reports BBC.

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Copper’s Crash – а Flaring Recession Signal?

Posted on July 6, 2022July 7, 2022 | No Comments

A traffic sign with "Recession ahead" text

Source: Dreamstime | Author: Waingro

Reading time: 2 minutes

The price of copper reached a 17-month bottom, falling to $350 for 100lb, continuing the decline from the previous quarter and fuelling investors’ fears of an upcoming recession. 

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Is Donald Trump’s Economic Legacy Nearing Its End?

Posted on July 5, 2022July 5, 2022 | No Comments

Illustration of U.S. presidents Biden and Trump

Source: Dreamstime | Author: Alendimion

Reading time: 2 minutes

U.S. President Joe Biden considers the removal, or at least the temporary suspension, of import duties on some Chinese goods imposed by his predecessor Donald Trump, in an attempt to slow down the rising inflation. 

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Changes to Trading Hours – U.S. Independence Day (04.07.2022)

Posted on June 30, 2022June 30, 2022 | No Comments

U.S. flag on fireworks-lit sky | 4th of July

Source: Dreamstime | Author: Walter Arce

We are informing all our clients that, on July 4th, 2022 (Monday), the trading hours of some CFD markets will change in connection with the upcoming Independence Day in the U.S.

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