Market news

07:58

Wall Street falls, Mexican peso jumps on budget proposal

Summary: G10 FX and equities move nowhere in early European trading Mexican peso drives higher as new president Obrador promises budget...

17:45

Soft data weighs on sentiment with US stocks back under pressure

Summary: US stocks flirt with recent lows Risk-on sentiment vanishes after Chinese data disappoints DE30: shares of carmakers...

16:48

Softer US data as stocks flirt with recent lows

Summary: Industrial production beats but manufacturing PMI misses US indices remain in the red on the day US500 in danger of lowest...

15:09

USD builds on gains after retail sales beat

Summary: US November retail sales: +0.2% vs +0.1% exp Control group beat particularly strong (+0.9% vs +0.4% exp) USD extends...

12:37

PayPal launches internal blockchain incentive program for employees

Summary: 54 million new crypto users in 2018 PayPal launches an internal blockchain reward program Bitcoin (BITCOIN on xStation5) breaks below...

12:35

Stocks pull back on soft economic data

It’s been a bit of a mixed week for global stock markets on the whole as early optimism has waned somewhat and whilst UK and European benchmarks...

12:08

Trade of the day - EURJPY

Summary: Risk-off sentiment is back ECB more dovish than expected EURJPY has been trading within a consolidation area Trade:...

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

LOGIN

Create account Download the app Download the app

10:12

DE30: Shares of carmakers drown as car sales slump, French PMI plummets

Summary: Bundesbank trims GDP projections for German economy for this and following year Falling car sales in Europe weighs on carmakers’...

08:42

Economic calendar: The day of PMIs

Summary: Preliminary PMIs for December to dominate early trading in Europe Many important readings from the US ECB’s speakers...

08:00

Risk-on sentiment vanishes, Chinese data disappoints

Summary: Asian stocks slide along with Antipodean currencies on fading risk-on sentiment A package of Chinese data disappointed Italian...

17:48

EUR dips after ECB; USD supported by strong unemployment data

Summary: Euro dips as ECB confirm end of QE Central bank decisions also from SNB, Norges Bank and CBRT US jobless claims fall...

16:32

EURO dips as ECB confirm end of QE

Summary: ECB keep all rates unchanged as widely expected Bank confirm asset purchases will halt at year-end Euro dips a little...

15:33

Stock of the week: Chevron

Summary: Chevron announced next year’s budget for capital projects Company to increase capex for the first time in four years Big...

15:14

US jobless claims fall near record lows; Gold tests prior support

Summary: US initial jobless claims: 206k vs 226k exp Metric falls close to its lowest level on record USD moving higher as Gold...

13:57

Euro whipsaws on ECB rate decision

The European Central Bank decided to halt its bond buying programme this month as widely expected. At the same time, it said that reinvestment of maturing...

13:40

Crunch time for German bond market as ECB winds down QE

Summary: European Central Bank is set to wind down its QE programme this year Markets see low probability for any deposit rate hikes...

12:38

Pound pauses as May seeks assurances from Brussels

After surviving a vote of no confidence, albeit in a manner that wasn’t as convincing as she would have hoped, UK PM Theresa May is now turning her...

12:30

Central bank decisions - SNB, Norges Bank, CBRT

Summary: SNB cuts inflation projections Norges Bank points to a rate hike in March CBRT leaves policy settings unchanged Over...

11:15

ECB preview from 8 major banks

The ECB rate decision (12:45 GMT) and Draghi press conference (1:30 GMT) are the main event today with the central bank widely expected to confirm the...

10:58

Allianz GIobal Investors CEO criticizes virtual currencies

Summary: Allianz GI CEO: Cryptocurrencies should be outlawed “What is Bitcoin?” among top Google questions in 2018 Dash...