KEY POINTS Gold fails to find direction as it consolidates Dollar holding the key 90$ level Gold looks up to the Dollar for a bullish direction Gold price fails to inspire bullish movement as it stays within a consolidation level The Gold price movement has in recent days has been so uninspiring, with initial gains […]


by Lulama Msungwa
3 months ago

Weekly Overview Last Week Last week opened with US equities on an all-time high as Biden’s $1.9T stimulus dominated the market sentiment. Oil markets were also trading on yearly highs as Saudi Arabia tightened supply. As the week progressed, a number of fundamental shifts forced the markets to erase gains as the USD gained bullish […]


by Rufas Kamau
3 months ago

The world has been on a green initiative to control global warming and one of the main agendas has been limiting dependence on fossil fuels. In this drive, countries have been transitioning to clean renewable energy that has largely benefited solar and wind power supplying companies. Key Takeaways Transitioning to renewable energy may not erase […]


by Rufas Kamau
3 months ago

On Sunday, February 14th 2021, Bitcoin was within touching distance of $50,000 as anticipated in January after successive rallies to the upside. Key points Bitcoin price drops to $45,686 as investors take profits. More financial firms are willing to adopt cryptocurrency as an asset. Other digital currencies continue to appreciate on Bitcoin’s success. Bitcoin appears […]


by Adegbotolu Kehinde Erastus
3 months ago

Tesla announced their first earnings report this year on 27th January 2021. The revenues and profits slightly missed Wallstreet’s targets leading to a 2.14% slump by market close, and a 4.97% in after hours trading. Nasdaq dropped about 5% on this downbeat news. The company made $10.7B in sales revenue and $0.80 earnings per share […]


by Rufas Kamau
4 months ago
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Scope Markets offers institutional and retail trading services to businesses and traders worldwide. Our top management team has more than 20 years of experience in the industry, and we are proud of the solid partnerships we build over the years. Whether it's a business or individual, Scope Markets has a wide range of trading solutions that are compliant, flexible, cost-efficient, innovative, and place the client first.

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