DE30: Stocks decline on rising recession fears
Summary: Equity markets in Europe begin with declines after falls in Asia and on tech stocks in the US A short-lived bounce in the DE30 looks likely VW...
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Market news
Tesla has seen a surge in its stock price despite facing new European tariffs on Chinese-made electric vehicles (EVs). While these tariffs are designed to hinder the competitiveness of Chinese EVs in the European market, Tesla has managed to secure a favorable tariff rate due to its significant investments...
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The conflict in the Middle East has been the most important issue in recent days after the escalation experienced last Tuesday, when Iran, in response to the Israeli invasion of Lebanon, launched a missile attack on Tel Aviv. The situation at the moment is one of tense calm awaiting Israel's response....
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US payrolls data surprised on the upside in September, rising by 254k, smashing expectations of a 150k rise. The unemployment rate fell to 4.1% from 4.2%, average hourly earnings increased to a 4% YoY rate and there was a 72k upwards revision to the previous two months’ payrolls numbers. This is...
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Summary: Equity markets in Europe begin with declines after falls in Asia and on tech stocks in the US A short-lived bounce in the DE30 looks likely VW...
Summary: Preliminary core inflation from EMU for May will be released before noon US durable goods for April (final) UK construction PMI expected...
Summary: Reserve Bank of Australia reduces its cash rate to the record lowest level Aussie remains little changed as the move was expected NASDAQ...
Summary: - European stocks erase morning drop - US stocks trade higher but techs lag - Precious metals move significantly higher as trade tensions escalate -...
Deutsche Bank issued a recommendation for the USDCHF currency pair. The Bank recommends taking a short position on the pair with following levels: Entry...
Summary: - Chairman of the White House Council of Economic Advisers decided to resign - Nasdaq (US100) fails to bounce higher at the beginning of the...
Summary: - DE30 launched new week lower - A move towards the 161.8% Fibo level of the latest upward impulse may be on the cards - Price is testing range...
Summary: UK manufacturing PMI falls in May the most since the 2016 Brexit referendum A substantial decline is a result of huge stockpiling seen...
Summary: Equity markets in Europe begin the new week with widespread declines A political reshuffle in the ruling coalition in Germany after Social...
Summary: A set of final PMI readings is expected to be released over the day US manufacturing ISM for May and construction spending for April on...
Summary: Asian equity markets decline at the beginning of the new week following a heavy sell-off on Wall Street China released the white paper...
Summary: Stocks tumble as trade tensions escalate DE30: Wirecard sinks on new interest from prosecutors Peso swoons after Trump...
- Mixed data from the United States - Chinese manufacturing PMI moves back below 50 pts - Significant drop in European inflation figures US - Mixed...
- PCE inflation in April at 1.6% YOY - Reading in line with market expectations - Market barely reacts to the data The US PCE inflation data has just...
Donald Trump announced new tariffs on Mexico over the night in response to an alleged surge in illicit migration on the Southern border. The move caught...
Summary: Rising trade tensions send US stocks to 2 ½ month lows Will we see a Trump put? Gold rallies in risk-off trade...
Summary: - European stock market sink on Mexico tariffs - DAX (DE30) pulls back towards 50% Fibo level of last year’s downward move - Wirecard...
Summary: - Italy and German to release CPI figures in the morning - Canadian economy expected to have grown 1.2% YoY in Q1 2019 - US PCE inflation seen...
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