Market news

10:24

DE30 tests 12,500 pts after strong PMI readings

French and German PMIs beat expectations DE30 clears 200-hour moving average Ex-CEO of Wirecard (WDI.DE) arrested Stocks...

09:08

Trade of the day – USDCAD

Facts: USDCAD erased the “pandemic premium” CAD has been supported by oil prices USD has been under pressure lately Recommendation: USDCAD...

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08:21

Stocks soar on strong PMIs

Preliminary PMI indices from France came in above market expectations and all gauges returned into expansion territory. Manufacturing: 52.1...

07:16

Economic calendar: It's PMI day!

Flash PMIs from Europe and the United States US new home sales seen rising 3.5% MoM in May API report expected to show minor drop...

06:33

Morning wrap

US indices finished yesterday;s session slightly higher. S&P 500 gained 0.65%, Dow Jones added 0.69% and Nasdaq closed 1.11% higher. Stocks...

18:27

Daily summary: Tech-giants rally despite record rise in COVID-19 cases

• WHO records largest single-day increase in new Covid-19 cases • European stocks finished session in red • Technology-related...

16:10

GAP stock higher by nearly 7%

Gap  (GPS.US)  stock was upgraded by Wells Fargo to overweight from underweight. Also analysts lifted up share-price target to $19 from $8. Wells...

14:57

US OPEN: Wall Street mixed as COVID -19 cases continue to rise

• WHO reported largest daily rise in COVID-19 cases • American Airlines (AAL.US)  shares take a hit • Tyson Foods...

13:57

WTI Crude Oil Reaches Double Top

This morning was a bit sluggish for the commodity market. Volatility above 1% wass exceeded only by natural gas, silver and CO2 emission contracts. All...

13:30

Technical alert: GOLD

Gold has been trading sideways recently. However, buyers gained an advantage at the end of previous week and the market launched a new week higher. Nevertheless...

11:40

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 9.06 million of which more than 471 000 died and over 4.85 million recovered. • US...

11:26

Trade of the day: EURGBP

Facts: EURGBP bounced off the key support at 0.9020  Short-term trend is upward Recommendation:  Trade: Long position on EURGBP...

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10:26

DE30: Wirecard deepens 3-day plunge to over 80%

European stocks recover from morning drop DE30 breaks above 200-hour moving average Wirecard (WDI.DE) says missing €1.9 billion...

09:22

DE30 soars on upbeat comments

Monday started amid a risk-off sentiment but this has already changed. DE30 recovered nearly 250 points on comments from the Chinese officials that virus...

07:41

Economic calendar: Virus data keeps markets nervous

Markets remain nervous as Covid-19 cases continue to rise US existing home sales seen dropping 3% in May 3 ECB members to deliver speeches European...

06:44

Morning wrap

Stocks in Asia are trading mixed at the beginning of a new week. Nikkei and S&P/ASX 200 trade flat, Kospi trades lower and Chinese indices trade...

18:14

Daily summary: Apple spoiled positive mood among investors

• Apple (AAPL.US) is planning to close some of its US stores • Coronavirus cases continue to rise across the US • Oil price...

17:30

BREAKING: Stocks tumble as Apple is planning to close some of the stores in the US

Apple (AAPL.US) just announced that will close some US stores again because of the increasing number of cornavirus cases  The Apple stores will be...

15:47

Occidental Petroleum stock swings 5% higher

Occidental Petroleum (OXY.US) stock jumped over 5 % after a SunTrust analyst upgraded the energy company to “buy” from “hold.” ...

14:47

US OPEN: Wall Street opens higher despite rising COVID-19 cases

• China made a clear commitment to follow Phase One trade deal • Six US states set daily records for new coronavirus cases. • AMC...