Market news

13:53

Lira slumps as CBRT removes hiking bias

Summary: CBRT keep all rates unchanged Removes pledge for further tightening if needed Turkish Lira losses over 1% vs USD and...

11:17

Trade of the day – USDJPY

USDJPY stalls even as the greenback gains Large divergence with bonds Yen could gain on slowdown concerns Trade: USDJPY sell at market Stop...

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09:35

DE30: Dark outlook for European economy from South Korea

Summary: Weakening South Korean imports could not bode well for global trade South Korea is the fourth most important export destination for China Wirecard...

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08:41

Market alert: Can Bitcoin rally be sustained?

Bitcoin price is rallying again – it is up 73% from a low seen back in December 2018. While a surge in price is clear and systematic, motives behind...

07:46

Economic calendar: Two central banks on the agenda

Summary: Swedish and Turkish central banks will announce their monetary policy decisions Preliminary data on US durable goods orders for March 8:30...

07:05

BoJ extends its forward guidance, South Korean GDP plunges

Summary: Bank of Japan assured its would keep low interest rates at least through spring 2020 Gloomy signs for the first quarter from Asia as South...

17:13

Large DOE build fails to sink Oil; S&P500 near record highs

Summary: Crude Oil well supported despite large inventory rise CAD swoons after BOC S&P500 remains close to all-time highs DE30...

16:10

CAD swoons after BOC; Large DOE build fails to sink Oil

Summary: CAD drops as BOC remove hiking bias USDCAD breaks above $1.35 Oil near recent highs despite large DOE build   There’s...

13:41

S&P500 has record highs in the crosshairs

Summary: US stocks remain near record highs Nasdaq leads the charge with DJIA still lagging Boeing called to open higher after...

12:55

Commodity wrap - Oil, Gold, Silver, Coffee, Zinc (24.04)

Oil: Oil prices rose after the White House said it would not prolong exemptions from US sanctions on Iranian crude for some countries This...

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12:18

DE30 soars despite weak Ifo report

The German stock market index remains in a strong bullish mode as it is the best performing equity market in Europe on Wednesday. DE30 adds 0.7% and trades...

12:13

Trade of the day – USDCAD

Summary: Bank of Canada should not be so much dovish because of the oil price and recent gain in inflation The price of oil is in the strong upward...

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11:22

GBP/USD falls to 2-month low

Summary: GBPUSD drops to lows $1.29s and below 200 DMA Tory leadership rule change imminent? Dax hits 2019 highs despite business leaders gloom   The...

09:26

DE30: SAP and Wirecard lead the gains in Germany

Summary: Wirecard shares soar after the news from SoftBank Group, SAP shares jump after the company raised its operating margin outlook DAX (DE30)...

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07:45

Economic calendar: IFO and BoC rate decision in the spotlight

Summary: German IFO for April will equip investors with more information regarding sentiment among entrepreneurs Low expectations ahead of today’s...

06:59

Aussie declines on soft CPI, new all-time highs on Wall Street

Summary: Australian dollar leads the losses this morning following weaker inflation SP500 and NASDAQ hit a new all-time high China’s central...

16:53

S&P 500 at new 2019 highs, mixed sessions in Asia and Europe

Summary: - S&P 500 at new YTD highs - USD and JPY outperform G10 peers, Scandinavian currencies lag - Top 3 charts of the week - Oil prices declines...

15:20

Wall Street inches higher, Twitter with stellar Q1 results

Summary: - S&P 500 (US500) holds firm near YTD highs - Twitter (TWTR.US) added 8 million active daily users in Q1 2019 - Lockheed Martin’s...

13:20

Oil pulls back following reports on Saudi Arabian output

Both Brent and WTI took a dive lower in the early afternoon following Bloomberg report. The news agency said that Saudi Arabia is ready to boost oil output...

11:57

Top charts for this week - Oil WTI, AUDUSD, SPA35

Summary: Oil prices affected by geopolitical factors Aussie trades lower despite better risk sentiment Will the Spanish IBEX close to gap to...

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