Market news

12:44 PM

DE30: DAX in a slump ahead of tomorrow's US PPI reading

Wednesday's session on the German stock market brings mixed sentiment among investors. The DAX is posting moderate declines for another day in a row...

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11:13 AM

Chart of the day - US100 (08.12.2022)

US indices had another downbeat session in a row yesterday but the scale of declines was smaller than in previous two days when all major Wall Street benchmarks...

9:46 AM

Economic calendar: Central bankers dominate calendar

European indices set for higher opening No new announcements on relaxing restrictions in China Speeches from ECB, SNB and BoC members European...

8:56 AM

Morning wrap (08.12.2022)

US indices have another downbeat session behind but declines on Wednesday were not as steep as on Monday or Tuesday. S&P 500 dropped 0.19%, Nasdaq...

9:01 PM

Daily summary: Recession risks continue to weigh on markets

Major European indices extended recent losses, with DAX closing 0.57% lower as investors continued to weigh persistent fears of a global recession,...

8:17 PM

Brent slips below $78 for first time since January

Brent and WTI crude both fell over 2.0% and deepened recent declines as a bigger-than-expected draw in US crude inventories failed to recover optimism...

7:46 PM

Airbnb plunges after Morgan Stanley downgrade

Airbnb (ABNB.US) stock fell over 3.5% on Wednesday after Morgan Stanley downgraded the vacation rental company to underweight from equal-weight due to...

7:17 PM

AUDCAD - recommendation from ANZ

ANZ issued a recommendation for the AUDCAD currency pair. The Bank recommends taking a long position on the pair with following levels: Entry: limit...

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7:14 PM

GBPCHF - recommendation from ANZ

ANZ issued a recommendation for the GBPCHF currency pair. The Bank recommends taking a short position on the pair with following levels: Entry: 1.1455 Target:...

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6:54 PM

AUDNZD - recommendation from ANZ

ANZ issued a recommendation for the AUDNZD currency pair. The Bank recommends taking a LONG position on the pair with following levels: Entry: 1.0541 Target:...

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6:08 PM

Top 3 charts of the week: USDJPY, US500, DE30 (07.12.2022)

USDJPY Let's start today's analysis  with the USDJPY currency pair, where sellers have the upperhand since the second half of October....

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5:56 PM

Carvana tumbles 36% as bankruptcy risk rises 📉

Carvana (CVNA.US) in 2021 was referred to as the 'automotive Amazon' and one of the favorite companies of hedge funds, along with one of the winners...

5:34 PM

US crude stocks fall more than expected

Publication of report from the US Department of Energy failed to trigger big moves on the oil market. Crude inventories fell more than expected, while...

5:02 PM

BREAKING: CAD strengthens as BoC hikes interest rates to 4.25%

The Bank of Canada raised its benchmark interest rate by 50bps to 4.25 %  as widely expected and pushing borrowing costs to the highest since...

4:53 PM

US OPEN: Wall Street extends sell-off

US indices launched today's cash trading slightly lower US500 below major support Apple (AAPL.US) scales self-driving plans Three major...

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4:29 PM

CreditSuisse risk surges ⚡ CDS jumps higher again

Shares of Credit Suisse Bank (CSGN.US), which caused a flurry of stock market speculation around the bank's potential bankruptcy and insolvency in...

3:28 PM

Trade of the Day - DE30 (07.12.2022)

Facts: DE30 has reacted to resistance at 61.8 retracement and is heading south A large divergence between DE30 and US500 and Bunds indicates...

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3:22 PM

GBPUSD bounces off local support

In recent days GBPUSD moved further away from six-month high of $1.2355 reached earlier this month as recession fears sparked demand for safe haven assets...

1:54 PM

DE30: DAX extends recent declines

Wednesday's trading session on the German stock exchange brings moderate declines in the stocks comprising the DAX index. The macro calendar for today's...

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1:13 PM

Eurozone GDP growth in Q3 revised higher

Revised Eurozone GDP growth in Q3 on an annualized basis was: Annualized GDP change: 2.3% vs. 2.1% forecast and 2.1% previously Quarterly GDP change:...