Market news

15:36

Oil jumps after large inventory draw in choppy trade

Summary: Crude oil inventories show large drop (-10.8M) Draw down similar to API and 2nd largest this year Oil rallies to daily...

13:19

US stocks to start little changed; Facebook reach $5B settlement with FTC

Summary: US benchmarks little changed on the open 21 trading sessions without a 1% move for S&P500 Facebook called lower as...

12:41

Technical outlook: Euro and pound exchange rates before the ECB

Summary: Boris Johnson becomes new Prime Minister in the UK ECB rate decision tomorrow Reversal of the EURGBP EURUSD and...

12:38

Market Alert: Will the ECB sink the euro?

With no recovery in sight in Europe the ECB once again faces a challenge – how to revive the economy. The QE program was terminated at the end of...

12:00

Cryptocurrency newsletter: Crypto industry shrinks in the US

Summary: The US sees a steady decline of the crypto industry Iran fails to issue licences for importing of crypto mining equipment Bitcoin tests...

10:40

Euro slides on more bad data; Deutsche drops on 2 bits of bad news

Summary: Single currency and stock markets slide lower Latest industry surveys from the bloc disappoint Deutsche Bank swoons as...

09:13

DE30: German manufacturing deepens its sluggishness

Summary: German manufacturing PMI reaches its 84-month low in July, according to flash PMI data New orders, employment, stocks of purchases all...

09:09

Trade of the day – RUS50

Summary: Russian RTS continues declines for the second week in a row The stock market is in a large divergence with the oil market USDRUB is...

Open an account or log in to receive full access to the news section.

LOGIN

Create account Download the app Download the app

08:00

Instant view: PMIs suggest deeper slowdown in Europe

German manufacturing PMI drop to 43.1 pts., the lowest since 2012 Both French PMIs decline, EMU composite PMI at 51.5 pts. EURUSD slides ahead of...

06:32

Economic calendar: The day of PMIs

Summary: Preliminary PMIs from major European economies for July PMIs from the US, new home sales for June Weekly DoE release on crude oil inventories 8:15/8:30/9:00...

05:59

Aussie drops under rate cut pressure

Summary: Australian dollar leads the losses in the G10 basket after Westpac brought forward its call regarding a rate cut Japanese manufacturing...

15:42

European bourses soar; GBP mixed as new PM announced

Summary: Dax leads rally in European indices Auto stocks boost German benchmark S&P500 also gains to revisit 3000 handle Pound...

13:24

Wall St starts Green as US follows Europe higher

Summary: US benchmarks trading higher at start of cash session  Sentiment boosted by rally in Europe;S&P500 back at 3000  IMF...

12:29

Top three charts of the week: US500, SILVER, CHFPLN,

Summary: Bearish signal (bearish engulfing) on US500 Silver broke out of the key resistance CHFPLN with a chance of breaking a consolidation Starting...

11:26

Pound attempts to recover as Boris announced new PM

Summary: New UK PM announced Boris Johnson wins with 66% of the vote GBPUSD remains near the lowest level in 2 years    As...

11:14

European indices soar on Tuesday

European equity markets are among the biggest winners on Tuesday pushed by rising rate cut hopes ahead of the ECB meeting (Thursday) and solid performance...

09:44

DE30: Auto stocks boost German index

Summary: German DAX gains more than 1% after the first two hours of trading The key technical resistance is going to be tested Auto stocks (Continental,...

08:19

Trade of the day - AUDUSD

Summary: The pair has failed to move above the key 200DMA The US dollar could be heading higher before the Fed meeting next week RBA to remain...

Open an account or log in to receive full access to the news section.

LOGIN

Create account Download the app Download the app

07:19

EURCHF = recommendation from Deutsche Bank

Deutsche Bank issued a recommendation for the EURCHF currency pair. The Bank recommends taking a  short position on the pair with following...

06:46

Economic calendar: US housing data on the horizon

Summary: Hungarian central bank is expected to hold rates unchanged US existing home sales and regional Fed index from Richmond Polish construction...