Market news

16:37

All eyes on UK Parliament; US stocks close in on ATHs

Summary: UK MPs to vote on withdrawal agreement  US stocks trade near record peak CAD mixed after election and retail sales Oil...

16:11

Breaking news: Oil jumps on talk of OPEC cuts

There’s been a sharp move higher in both Oil and Oil.WTI in recent trade after Reuters reported that OPEC are to consider deeper oil cuts at the...

14:17

US stocks close in on ATHs; CAD drifts lower

Summary: S&P500 just over 0.5% from all-time high P&G to gain after outlook raised CAD falls back as retail sales miss   October...

13:33

Commodity Wrap - Corn, Nickel, Copper, Oil

Corn Corn price reacted to the technical level - 400 cents per bushel The latest WASDE report showed ending stocks declining below 2 billion...

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11:06

UK Markets await key parliamentary votes

Summary: MPs to vote on withdrawal bill this evening (scheduled 7PM) Government expected to have narrow victory GBP pulls back...

11:06

Technical alert: FRA40

SHS pattern can be spotted on the chart Buyers appeared at the key support Key resistance can be found at 5670 handle Looking at the...

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09:19

DE30 struggles near the 12750 pts handle

Mixed beginning of the European session DE30 struggles near the 12750 pts handle SAP (SAP.DE) partnered with Microsoft (MSFT.US) European...

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08:24

Trade of the day - WHEAT

Summary: Wheat prices have increased lately to the upper bound of its consolidation Prices have breached their 5Y maximum level, well above their...

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06:58

Trudeau’s Liberals win elections with weakened mandate

Summary: The Liberals are likely to win federal elections with a weakened mandate though A minority government is the most likely scenario for...

06:58

Economic calendar: Brexit votes and earnings reports

Polish construction output data to be released in the morning Brexit votes to be held in the evening 4 Dow Jones members to report...

06:22

Morning wrap

US indices finished yesterday's session broadly higher with NASDAQ gaining the most (0.9%), SP500 rose 0.7% while Dow Jones increased 0.2% Sentiment...

16:33

GBP remains firm despite no MV today; Stocks gain

Summary: GBPUSD hits new 5 ½ month high above $1.30 Gains come despite no meaningful vote today US stocks start the new...

15:47

Breaking news: Bercow confirms no meaningful vote today

As should come as little surprise to those who follow John Bercow, the speaker of the house has announced that there will be no meaningful Brexit vote...

13:56

US stocks to start the week higher; Halliburton profit falls

Summary: US benchmarks gain on Kudlow comments  Small-caps move up near 1-month high Halliburton profits fall on weak NA...

13:06

Elections in Canada: What does it mean for CAD?

Summary: Canadians are going to ballot boxes today A final outcome is likely to be a toss-up as Conservatives and Liberals go neck-and-neck Trudeau...

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12:44

Technical alert: AUDUSD

AUDUSD is trading in a downward trend Double bottom pattern can be spotted on the chart The key resistance can be found at 0.6875 handle The...

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12:28

Macroeconomic update: Living on the edge

Key World economies look ahead to flash October PMIs Last ECB meeting with Draghi at the helm China’s growth slows, Korean trade plunges Europe...

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11:12

GBP traders remain hopeful of Brexit deal support

Summary: Markets seemingly still hopeful Boris’s deal could pass UK MPs expected to vote in the coming days GBPUSD moves...

10:57

Trade of the day – USDBRL

Facts: USDBRL close to all-time highs Congress in Brazil will vote on pension reform Investors did not like the latest political developments in Brazil Recommendation: USDBRL...

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09:33

GBPUSD blasts past 1.30 on deal optimism

GBPUSD shrugged parliament’s failure to vote in the Brexit deal on Saturday and has just surged past 1.30 – the highest since May 2019 and...