Market news

11:31

FTSE gains to start the week; Pound lower

Summary: Stocks rise on talk of fiscal stimulus FTSE back at 200 day SMA GBP drifts after no-deal report leaked   Equities...

10:00

Trade of the day – DE30

Facts: DE30 remains in a downward trend Recent correction similar to a previous move Shooting star candle formation on H1 interval Recommendation: DE30...

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09:00

DE30: German equities rise on stimulus hopes

Summary - Olaf Scholz hints at possible stimulus when recession hits - DE30 break above the downward sloping trendline - Upbeat sentiment lifts German...

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07:22

Economic calendar: US decision on Huawei

Summary - Second release of European CPI for July - United States to announce decision on Huawei today - Busy week ahead with central banks in the...

07:03

Equities move higher, Trump not ready to sign deal with China

Summary: Equity markets in Asia trade higher following the strong end of Friday’s trading in the US US President Donald Trump signalled he...

16:20

Stocks recoup some losses; Signs of life in the Pound?

Summary: European and US indices recover some recent declines Der Spiegel report highlights German fiscal stimulus US housing...

14:33

Technical outlook: GOLD, SILVER

Summary: - Gold price reacts to the key resistance from the  W1 Interval - Silver is once again trying to break through the resistance zone...

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14:04

Wall St. set for green open; US housing starts fall

Summary: US benchmarks trading higher ahead of cash session S&P500 set for 3rd consecutive weekly decline Housing starts drop...

13:47

Macroeconomic update: US shows steady hand as Europe and Asia sink

US consumer shows resilience Recession concerns mount in Europe Chinese economy slows in July US – strong sales lifts US dollar This...

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12:06

PLN leads recovery among EM currencies

After another tumultuous week market sentiment improves on Friday and that is felt especially across emerging markets where currencies were under selling...

11:08

DE30: Tech stocks lead DAX advance

Summary - Start to LSE trading was delayed due to a technical glitch - DAX (DE30) approaches short-term resistance zone - Tech stock trade higher...

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10:45

Signs of life in the Pound?

Summary: Pound set for weekly gains across the board EURGBP close to bearish engulfing on W1 FTSE start delayed; Set for 3rd weekly...

10:16

Trade of the day: OIL.WTI

Summary: - Inverse Head and Shoulders pattern can be spotted on the chart - The price broke above the Overbalance structure - Positive price reaction...

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08:51

Economic calendar: Michigan data in the spotlight

Summary - US housing market data expected to improve against June - More weakness expected from the Michigan data - Norges Bank Deputy Director to...

06:29

Olli Rehn takes EURUSD below 1.11

Summary: EURUSD plunges below 1.11 on Rehn policy comments Indices attempt to move higher after a major sell-off No clarity on trade issues may...

16:25

Trade talk remains the key driver; US and UK consumer spending tops estimates

Summary: Markets remain highly sensitive to trade reports US Retail Sales top estimates UK consumer spending remains solid; GBP...

15:00

Wall Street aims to recover after worst day of 2019

Summary: Wednesday saw the Dow post largest daily drop of the year Trade rumours continue to drive the markets Alibaba shares...

13:39

Instant view: US Retail Sales

Data: US Retail Sales M/M: +0.7% vs +0.3% exp. 0.3% prior Core Retail Sales M/M: +1.0% vs +0.4% exp. +0.3% prior  Philly Fed manufacturing...

11:25

DE30: Technical overview

Summary: German Dax falls close to 6-month low Tuesday’s bounce proves short-lived Is the weekly trend turning lower?   W1 The...

10:15

UK consumer spending remains solid; GBP ticks higher

Summary: UK retail sales for July M/M: +0.2% vs -0.2%. Prior +0.9% GBPCAD holding key support around 1.5750? FTSE near 5-month...