Market news

18:22

Stocks remain under pressure, Fed speakers support US dollar

The yesterday’s decision of the US President, Donald Trump, to impose sanctions on prominent Iranian politicians made US-Iran relationship even more...

18:09

Bullard and Powell boost USD

Powell’s speech scheduled for 6:00 pm BST was the most awaited event of the day. However, before we move to what Powell said, let’s mentioned...

15:31

Wall Street deepens decline as consumer confidence deteriorates

Summary: - Consumer confidence and housing market data disappoints - Dow Jones (US30) tests support level at 26650 pts - AbbVie (ABBV.US) is said to...

14:34

Commodity Wrap: Oil, Gold, Soybean, Coffee

Oil: Middle East conflict is the main driver of the crude price moves now United States impose new sanctions on Iran. Iran claims that...

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11:09

Trade of the day - EURGBP

Summary: The pound may have ended its heavy slide Bond market points to undervaluation of the GBP against the EUR EURGBP draws bearish candlesticks...

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09:50

DE30: Yield seekers push govt bond spreads down in Europe

Summary: European stock markets open lower due to risks related to Iran DAX (DE30) trades close to its critical technical level Yield seekers...

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07:56

Economic calendar: US housing data and Powell in focus

Summary: Hungarian central bank is expected to keep rates unchanged US now home sales and consumer confidence the most important releases this...

07:04

Investors frightened away as Iranian tensions rise

Summary: Iran claims that a diplomatic path has been closed forever after the US imposed new sanctions Equities in Asia move down, JPY gains while...

16:53

Wall Street hovers around ATH, Bitcoin tests $11000

While no major data prints were scheduled for release on Monday, the first day of the week saw some interesting price moves on the financial markets. Key...

15:19

Bitcoin price flirts with $11000

Bitcoin price consolidates on Monday following another stunning rally throughout the weekend. On Friday Bitcoin price remained below $10000 but it surged...

15:01

S&P 500 opens near ATH, Bristol-Myers Squibb sinks

Summary: - Trump once again targets Federal Reserve via Twitter - US500 launches session higher but Friday’s candlestick hints at indecisiveness -...

13:27

Technical Overview: US100

Summary: US100 trades close to the all time highs Clear, upward trend present on the chart Risk of correction increases  Starting with...

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10:05

Trade of the day – CHFJPY

European currencies recover SNB may no longer be at rates’ disadvantage CHFJPY respects a support zone Trade: CHFJPY buy at market Stop...

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09:38

DE30: Daimler shares dive on another profit forecast cut

Summary: European equity markets start Monday’s trading with moderate gains Daimler (DAI.DE) shares plummet following the third profit forecast...

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07:46

Economic calendar: Soft indicators from Germany and US

Summary: IFO index for June will be released before noon Regional Fed index from Chicago for May will be published this afternoon, don't expect...

07:04

Turkish lira rallies after election rerun

Summary: Turkish currency strengthens this morning in the wake of an election rerun in Istanbul on Sunday Slight risk-on seen in the FX market,...

16:20

Gold surges to 6-year high; CAD dips after retail sales miss

Summary: Geopolitical tensions send Gold to 6-year high CAD dips after retail sales miss Euro jumps on upbeat PMI readings DE30:...

14:12

CAD dips after retail sales miss; Still set for weekly gain

Summary: Canadian retail sales M/M: +0.1% vs +0.2% exp Ex autos M/M: +0.1% vs +0.4% exp Loonie dips as USDCAD moves off the lows   Consumer...

13:35

Technical Overview: Oil WTI

Oil WTI  Major upward move could be observed on the oil market yesterday with WTI finishing the day 2.1% higher. A move of this scale was a result...

13:31

Stock of the week: Total

Summary: - Total acquired Maersk Oil last year - Major natural gas projects underway - Stock price to high degree correlated with crude price - Solid...