Market news

11:24

Turkish lira weakens on possible US sanctions

Turkish lira is down by 0.80% against the US dollar today, during a rather quiet session on the currency market. Currency plunge is associated with information...

10:17

DE30: Daimler issued another profit warning

Summary: - Daimler (DAI.DE) sinks after another profit warning - DAX (DE30) looks towards the support zone - Deutsche Bank (DBK.DE) CEO speaks on M&A...

09:33

Trade of the day: USDCHF

Summary: - USDCHF is trading under 100-period moving average - Head and shoulders pattern can be spotted on the chart - The key resistance zone...

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

Web app

Create account Download the app Download the app

07:36

Economic calendar: Semi-important data from the EU and the US

Summary: - Industrial production data from euro area to be released in the morning - US PPI inflation expected to have decelerated in June - Czech National...

07:04

Trump disappointed as China backslides on its promises

Summary: Donald Trump accused China of backsliding on promises regarding higher purchases of agricultural products Chinese press suggests a rate...

16:40

US stocks remain near record highs; Oil hits 6-week high

Summary: S&P500 remains above 3000 US core CPI Y/Y rises to 2.1% Oil hits 6-week high as Gulf tensions rise Branson...

14:08

S&P500 set to begin above 3000; US Core CPI rises above 2%

Summary: S&P500 trading around 3000 ahead of the cash open Rise in Core CPI to weigh on Fed cut hopes?  US Small caps...

13:37

Instant view: US dollar slightly higher after inflation data

Summary: US headline inflation for June meets expectations Core prices rise somewhat more than forecast The greenback benefits from the data,...

12:50

Commodity wrap - Platinum, Coffee, Corn, Oil

Platinum: A gargantuan increase in investment demand in the first quarter of the year, mainly from ETF funds A quarterly balance was -550k...

11:41

Oil hits 6-week high as Gulf tensions rise

Summary: Brent Oil above $67 as Iranian ships approach UK vessels  Market builds on yesterday’s gains Parity warning...

09:38

DE30: Gerresheimer surges after earnings release

Summary: - German DAX underperforms other indices from the Western Europe - Downward momentum on DE30 eases after reaching the support zone - Gerresheimer...

08:52

Trade of the day: DE30

Summary: - DAX halted pullback at the support zone - Uptrend structure intact - Dovishness of central banks supports equities Trade: Long DE30 at...

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

Web app

Create account Download the app Download the app

07:23

Economic calendar: ECB minutes, US inflation and a lot of Fed speakers

Summary: - ECB to publish minutes today, WASDE report release in the afternoon - Second day of Powell’s congressional testimonies - US CPI inflation...

07:02

FOMC minutes cement July rate cut expectations

Summary: The account of the latest Fed meeting has cemented expectations regarding a rate cut later this month Japanese yen strengthens, the US...

16:35

US stocks hit record highs after dovish Powell; Oil gains on big inventory draw

Summary: Powell reaffirms dovish message on Capitol Hill S&P500 hits new record high; Gold jumps as USD slides DE30: Infineon...

16:13

Oil extends gains after large inventory draw

Summary: Crude oil inventories: -9.5M vs -1.9M exp. -1.1M prior Comparable drop to last night’s API reading Oil (+2.3%)...

14:32

Technical analysis: CHFPLN

Summary: CHFPLN is trading within a wide consolidation range Daily chart hints at buyers being in favor Intraday traders should pay attention...

14:06

Stocks jump as Powell reaffirms dovish stance

Summary: Equities receive boost from Fed chair Powell strongly hints at imminent rate cuts S&P500 back at 2995; turns green...

13:50

Dollar is lower after Powell testimony

Powell’s comments from testimony weaken the US dollar ahead of another important monetary event – FOMC minutes. Powell says that uncertainties...

12:34

Trade of the day – EURGBP

Summary: Upward pressure on the pair is slowing Solid data from the British economy There is a possibility of further massive QE from the ECB Trade:...

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

Web app

Create account Download the app Download the app