Tesla is never out of the headlines, and with good reason! In mid-July, the share price hit a record high - just below $1,800. That was a five-fold increase on where the shares traded just four months ago. This gave Tesla a market capitalisation of $320 billion making it [...]
It looked like the G7’s brightest and best financial minds had failed to deliver – and then the Federal Reserve went and announced an impromptu rate cut. After a conference call between its central bankers and finance ministers – they daren’t actually meet in person, duh – the G7 [...]
A new broker's in town... this time it's ETFinance. Having searched online we decided to share our findings. All the information is in public domain so please feel free to double check, if you wish. So Who Are ETFinance? ETFinance is a trading name of MAGNUM FX (CYPRUS) LTD registration [...]
The pound has held its gains against the dollar this week following data showing that Britain’s factory output recovered in February leading to easing of fears of a triple-dip recession. With the GBP/USD hitting the 1.5325 at some point in the afternoon trade which was its session high so far, [...]
While the United Kingdom recuperates from a recent long bank holiday, the entire world is still feeling the side effects of the hangover. Just last week Spain’s planned rescue attempt of Bankia was staggered on the point of a worst case scenario as it was torn apart into pieces by [...]