Market news

18:29

Daily summary: Global stocks rally as risk-on sentiment prevails

• European Stocks Rally, S&P 500 above 3000 pts • More countries continue to reopen their economies • Novavax ...

15:40

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 5.62 million of which more than 348,000 died and over 2.39 million recovered. •...

15:08

BREAKING: CB Consumer Confidence below expectations

The Conference Board's consumer confidence index was 86.6 points, while the forecast assumed 88.0 points. (previously 86.9 points). The index for May...

14:50

US OPEN: Wall Street opens higher on vaccine hopes

• US stocks opened sharply higher  - S&P 500 above 3000 pts • Tensions between Washington and Beijing continue to escalate • Novavax...

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12:39

Technical alert: USDCAD

USDCAD is trading lower today. However, the pair reached a key technical support. Looking at H4 interval, the area marked with green colour at 1.3870 is...

12:35

Commodity wrap - Oil, gold, sugar, wheat (26/05/20)

Oil: • Significant spread reduction between Brent and WTI crude oil with upward pressure on the market (spread below $ 2) • According...

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11:12

Trade of the day – Gold

Facts: Gold prices in upward trend Fed maintains quasi-fixed bond yields USD declines vs EM currencies Recommendation: GOLD long at market Stop...

10:31

DE30 tests 11,500 pts as risk-on moods prevail

Stock markets gain on vaccine hopes DE30 tested 11,500 pts but failed to break above so far Lufthansa (LHA.DE) has reached a rescue...

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07:34

Economic calendar: Vaccine hopes overshadow light calendar

Global markets rally on vaccine hopes CB consumer confidence seen improving in April BoC Governor Wilkins to speak in the evening Global...

07:30

US500 soars past 3000 points

US holiday didn’t stop markets from rallying as futures around the globe were pushing higher on Monday and in the Asian trade on Tuesday. As a result...

06:40

Morning wrap

Stock markets in Asia are rallying. Nikkei gains 2.5%, S&P/ASX 200 adds 2.2% and Kospi trades 1.5% above yesterday's close. S&P 500 futures...

18:56

Daily summary: European stocks rally on lockdown easing hopes

• Stock markets across Europe closed in the green • Lufthansa and German government agree $9.8 billion rescue package • Anti-government...

16:22

Bitcoin below major support

Bitcoin is moving with a short-term bearish bias with the local support located at $8,700. Previously this level attracted new buyers and helped to engineer...

14:07

DAX breaks above April's highs

The German index is now gaining over 2%, and managed to break above the 30 April high at 11,332.3 pts as the German government is reportedly nearing a...

12:53

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 5.52 million of which more than 347 000 died and over 2.31 million recovered. • US...

12:08

Trade of the day: EURJPY

Facts: The pair bounced off the key support zone Short-term trend remains upward Recommendation:  Trade: Long position on EURJPY at...

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11:07

Will China hurt Australia's economy?

Market sentiment seems to be rather positive today. Most index futures traded higher in the morning, although news from the geopolitical front are not...

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10:26

DE30 tests 11,300 pts area during morning surge

European markets surge despite China-US tensions DE30 tested 11,300 pts area Bayer (BAYN.DE) gains on Roundup settlement reports Stock...

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09:07

Oil remains in upward trend

Friday morning brought a sudden correction to the oil markets on Hong Kong tensions but this did little to the upwards trend that remains intact. Traders...

07:22

Economic calendar: China-US in focus as new week begins

US and UK traders off for holiday German IFO index seen at 78.3 pts in May BoC Governor Poloz to speak A new week has begun....