OANDA News

OANDA Proactive Investors UK / Feb 5, 2021

The FTSE is up 0.2% and Wall Street's main indices are predicted to start 0.5% higher FTSE 100 index adds 10 points US non-farm payrolls due at 1.30pm GMT AIM index hits highest point since financial crisis As London's blue-chip shares continue to trundle largely sideways, they are again about to be put in the shade by their Wall Street cousins ahead of the US jobs report.

OANDA Forbes / Jan 30, 2021

Despite blowout corporate earnings and more solid news on the vaccine front, the stock market just posted its worst weekly performance in three months after Reddit traders squeezed Wall Street's elite out of billions of dollars, sending prices of heavily shorted stocks up to atmospheric new highs and fueling concerns over market frothiness-but experts seem in broad agreement that the bull market can rage on.

OANDA MarketPulse / Jan 28, 2021

US stock markets opened higher on Thursday, recovering some of Wednesday's losses on the back of some encouraging economic data shortly before the bell. We were seeing sentiment improving ahead of the open and we're off to a decent start. Don't get me wrong, this is still a fragile environment and we could see another ...

OANDA MarketPulse / Jan 28, 2021

US stocks bounced back as investors saw the end approaching of the frenzied Reddit-driven stock market dislocations. Today's economic data also bolstered the prospects of stimulus and after a night's sleep over some key mega-cap tech earnings, the results don't justify the abandonment of the everyone's' stay-at-home stocks.

OANDA Yahoo Singapore News / Jan 28, 2021

Hong Kong and mainland China stocks slumped, joining the sell-off in global markets as the ongoing coronavirus pandemic weighs on the financial results of the world's companies from Facebook to Tesla. The Hang Seng Index fell 2.6 per cent to 28,550.77 for a third day of declines, slipping from a 31-month high.

OANDA The Straits Times / Jan 28, 2021

Shares across the region went into free fall yesterday following overnight declines on Wall Street. The benchmark Straits Times Index (STI) was not immune, falling 1.3 per cent or 38.33 points to 2,920.30, with losers thumping gainers 380 to 137 on trade of 3.31 billion shares worth $1.47 billion.

OANDA pymnts.com / Jan 28, 2021

In today's top digital-first banking news, LoanDepot will be seeking up to $315 million in its initial public offering (IPO), while Jack Henry & Associates is branching out with a new line of business named Jack Henry Consumer Loans. Plus, financial services firm Stilt has raised a $100 million warehouse facility from Silicon Valley Bank.

OANDA pymnts.com / Jan 28, 2021

U.K. regulators have officially started a probe into Facebook's now-completed acquisition of Giphy, a GIF-making and sharing website. The U.K.'s Competition and Markets Authority officially notified the parties to the case of the investigation. The press release said that the deadline for the authority "to announce its decision whether to refer the merger for a Phase 2 investigation" would be March 25.

OANDA PaymentsSource / Jan 28, 2021

The information you need to start your day, from PaymentsSource and around the web: Touch and Go Starbucks sales are down because of the pandemic, but U.S. mobile orders are up, accounting for 25% of all transactions at the end of 2020, up from 17% a year ago as more consumers use order ahead and drive through.

OANDA MarketPulse / Jan 26, 2021

Tech earning in spotlight Today is the calm before a tech earnings storm and an FOMC policy decision that attempts to avoid any communication mistakes. Investors don't expect the Fed to give any reason to think they are getting closer to talking about when they will consider scaling back QE, but nervousness is brewing on ...

OANDA MarketPulse / Jan 26, 2021

The Australian dollar has posted modest gains in the Tuesday session. Currently, AUD/USD is trading at 0.7729, up 0.21% on the day. Australia CPI projected to slow Australia releases key inflation data early Wednesday (00:30 GMT). These are the only tier-1 releases this week in Australia, and should be treated as market-movers.

OANDA Business Insider / Jan 26, 2021

US stocks were set to open slightly lower on Tuesday, after rising to fresh all-time highs as investors braced for a red-hot week of earnings, while Asian stocks tumbled overnight on concerns about asset bubbles and coronavirus. S&P 500 futures were down 0.19% on Tuesday morning, while Nasdaq futures were off by 0.31%.