Market news

10:10

Trade of the Day: AUDNZD (09.10.2024)

Facts: RBNZ decided to cut interest rates by 50 basis points, as expected. However, the bank presented a dovish outlook for the future. Market...

Open an account or log in to receive full access to the news section.

LOGIN

Create account Download the app Download the app

10:02

Kazimir from the ECB does not support another rate cut at the October meeting 🧭

ECB policymaker Peter Kazimir expressed skepticism about making a decision on an interest rate cut in October based on just one favorable inflation report....

09:25

Chart of the day - NZDUSD (09.10.2024)

The Monetary Policy Committee reduced the OCR by 50 basis points, from 5.25% to 4.75% The Committee is confident that inflation is converging towards...

08:44

What goes up, must come down

Chinese stocks sold off sharply during the Asia session, as reports that Chinese consumers spent less during the recent Golden Week holiday knocked confidence....

07:28

Economic calendar: FOMC representatives' speeches and Fed minutes in focus 📃

For investors interested in the European market, today’s economic calendar is relatively light. However, U.S. market investors will receive a few...

07:02

BREAKING: Germany trade balance data slightly improved in August 📌

07:00 AM BST, Germany - Balance of Tade Data for August: German Trade Balance: actual 22.5B; forecast 18.9B; previous 16.8B; German...

06:38

Morning Wrap (09.10.2024)

The bulls managed to maintain control until the close of yesterday's cash session in the USA. Despite reducing some gains, the indices closed...

18:58

Daily summary: Wall Street reduces gains amid potential Israeli response to recent Iranian rocket attacks 🔴

U.S. indices reduce gains from the first part of the day following reports of a possible escalation of the conflict in the Middle East, specifically...

18:10

BREAKING: Oil rebounds as US officials told NBC that Israel considers strike on Iranian energy facilities

US officials told media that Israel considers strike on Iranian energy facilities - per NBC. OIL rebounded almost 1 USD in reaction to those reports.     Source:...

17:27

Market Alert! Gold & Oil prices are plunging.

Gold & Oil prices are plunging. Gold is at a 2-week low, down 1.1%. Oil is on track for its biggest daily drop in a month, down 5%. Market volatility...

17:12

Honeywell to spin off advanced materials division; stock gains 1.6% 📣

Honeywell International (HON.US) announced plans to spin off its advanced materials division into a separate publicly traded company by early 2026. The...

16:09

SILVER drops 3.4% as US dollar strengthens; 10-year yields climb to level unseen since end of July 📈

Prices of gold and silver drop today 0.7% and 3.3% respectively amid strengthening US dollar. USDIDX gains today almost 0.08%, and US 10-year treasury...

15:39

OIL drops almost 5% amid rising production output in Libya📉

Brent Crude (OIL) drops almost 5% as Libya's NOC informed about rising production (to 1.13 million barrels per day, first time since August), while...

15:24

Chinese ADRs drop amid rising profit-taking pressure 🚩JD.com down 7%

Shares of Chinese giants like JD.com (JD.US), Alibaba (BABA.US), Tencent (TME.US), and Yum!China (YUM.US) are trading in the 6 to 8% range today. A number...

15:18

US OPEN: bulls try to regain control after lower opening 🟢

US500 and US100 are slightly gaining at the start of the session   US2000 is trading lower   10-year bond yields are rising above 4.00%...

15:07

PepsiCo with profitability decline in 3Q24 📊

PepsiCo (PEP.US) is slightly gaining today following the release of its 3Q24 results. The company's results were mostly in line with expectations,...

13:31

BREAKING: EURUSD muted after US trade balance report 📌

01:30 PM BST, United States - Balance of Tade Data for August: Imports: actual 342.20B; previous 345.40B; Exports: actual 271.80B;...

13:00

Commodity wrap - Oil, Natgas, Copper, Coffee (08.10.2024)

Oil: Oil prices have retreated for the first time in eight sessions. A decline is attributed to the lack of escalation in the Middle East and the...

Open an account or log in to receive full access to the news section.

LOGIN

Create account Download the app Download the app

12:51

DE40: China reverses early euphoria; European stocks under pressure 📉

European Indices Under Pressure Disappointment with NDRC Conference in China Causes Pullback in Asia Samsung Forecasts Lower Operating Profits for...

Open an account or log in to receive full access to the news section.

LOGIN

Create account Download the app Download the app

12:39

OIL loses almost 2% as markets weigh in Israel-Iran stalemate and Chinese stimulus concerns 📉

Oil is losing nearly 2% today, after 6 days of virtually uninterrupted gains, supported mainly by the escalating geopolitical tensions in the Middle East....