Market news

13:33

WTI tests $20 mark as Saudi Arabia plans to increase exports

Oil is having another rough day trading 6-7% lower against close of the previous week. WTI has tested the $20 handle today. Energy minister of Saudi Arabia...

12:58

Coronavirus: market update

Global coronavirus cases exceeded 735,015 with over 156,122 recoveries. The number of people confirmed to have died as result of the coronavirus has now...

12:14

USDCAD - recommendation from Bank of America

Bank of America issued a recommendation for the USDCAD currency pair. The Bank recommends taking a long position on the pair with the following levels: Entry...

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11:33

Technical alert: EURUSD

EURUSD is pulling back today. The pair is heading for the key moving average, which acted as a key support in the past. Bouncing off the blue line may...

10:03

DE30: European equities remain under pressure

European equities open higher but pull back later on DE30 attempts to hold above 9,500 pts mark Adidas (ADS.DE) gathers bad publicity...

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09:01

Trade of the day: US500

Facts: US500 bounced off the upper limit of local 1:1 structure Mid-term trend remains upward The number of confirmed cases of COVID-19 in the...

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07:24

Economic calendar: Trump’s interview and German CPI

European stocks seen launching the session higher German CPI expected to slow in March Trump to be interviewed on Fox News As...

04:37

Morning wrap

Risk-off moods can be spotted during the first Asian session of the week. Nikkei declines 3%, Shanghai Composite drops 1% and KOSPI trades slightly...

19:17

Daily summary: Global equity markets rally pauses

• US indices comes under pressure despite a massivel fiscal stimulus package • BOC emergenycy rate cut • Oil Prices Fall...

16:44

Coronavirus: market update

Global coronavirus cases exceeded 559,100 with over 128,700 recoveries. The number of people confirmed to have died as result of the coronavirus has now...

15:32

BREAKING: US Consumer Sentiment Falls the Most in almost 50 Years

The University of Michigan's consumer sentiment for the US dropped to 89.1 in March of 2020 from a preliminary of 95.9 and 101 in February. It is the...

15:16

US Open: Wall Street opens lower after three-day rally

• US indices  opened sharply lower after three day gains • US might become the new epicenter of the pandemic • GAP...

14:54

Technical alert: EURUSD

EURUSD is trading lower after bouncing off the resistance area at 1.1055. The nearest support to watch is marked with the upper limit of 1:1 structure...

14:12

BREAKING: Bank of Canada cuts rates by 50 basis points

Bank of Canada decided to deliver a 50 basis points rate cut in an emergency move. Main rate was lowered from 0.75% to 0.25%. The move is aimed at supporting...

13:37

AUDUSD - recommendation from JPMorgan

JPMorgan issued a recommendation for the AUDUSD currency pair. The Bank recommends taking a short position on the pair with following levels: Entry...

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12:55

Trade of the day: SILVER

Silver price bounced off the key support at  $14.00 Short-term trend remains upward The price sits above 100-period moving average Recommendation:  Trade:...

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12:52

Crypto newsletter: Upside momentum fades away

• Major Cryptocurrencies are trading in consolidation after unsuccessful attempts to break through key resistance levels • The new...

12:31

BREAKING: Boris Johnson tests positive for coronavirus, GBP pulls back

Boris Johnson confirmed via Twitter that he has tested positive for coronavirus and is in self-isolation now. UK Health Secretary and Finance Minister...

11:24

DE30: Moods deteriorate into week’s end

European equities erase some of recent gains DE30 keeps failing at 10,000 pts resistance level Infineon Technologies (IFX.DE) withdrew...

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08:33

Economic calendar: US House debates economic relief bill

US House to debate economic relief bill in the early afternoon Revised UoM consumer sentiment data for March Stock markets ignored...