Market news

15:20

EURUSD hits 7-week low, where next?

Summary: EURUSD falls to 7-week low Near 500 pip decline in last few weeks Signs of a bounce but recovery remains tentative   The...

12:49

US stocks set for red open but does a recovery lie ahead?

Summary: US indices dragged lower by Europe once more US500, US100 and US30 all in negative territory on the day Has the US30...

12:43

Wall Street set for another stellar earnings season

Summary: US banks to launch earnings season on Friday, 12 October Earnings for the whole S&P 500 (US500) are expected to grow at...

10:24

China to release several blockchain standards

Summary: China hopes to release three blockchain standards this year Australia wants to facilitate settling insurance payments for disabled people The...

10:09

Stocks continue to trade heavily

European equities continue to trade heavily with The FTSE 100 within a whisker of touching its lowest level since April. More comments. In a recurring...

09:48

Top 3 charts this week: BRAComp, USDJPY, Soybean

Summary: BRAComp surges higher after a giant Bolsonaro lead in the first round USDJPY pulls back from the key resistance zone Soybean recovers,...

08:29

DE30: Wirecard surges after announcing ambitious goals

Summary: PM May’s party member hints on the scale of opposition in the Conservative Party DAX (DE30 on xStation5) struggles within...

07:40

AUDUSD - recommendation from Citi

Citi issued a recommendation for the AUDUSD currency pair. The Bank recommends taking a short position on the pair with following levels: Entry (Market):...

06:46

Economic calendar: Semi-important data from Canada

Summary: Investors will be offered some data from Canada in the early afternoon Some central bankers to deliver speeches today Economic calendar...

06:18

Chinese equities post modest gains, IMF lowers global growth forecast

Summary: JPY gains on risk aversion Pompeo’s visit to Beijing did little to ease the trade conflict IMF lowers forecast...

15:56

Stocks remain soft but Brazil soars post election

Summary: ITA40 extends recent declines and weighs on European bourses Brazilian equities rally as Bolsonaro closes in on presidency Political...

14:39

Oil recovers from soft start

Summary: Oil prices begin lower on talk of US sanctions waiver Price has since recovered; close to filling the gap Longer term...

13:06

Political instability weighing on the Rand

Summary: South African Rand falls to 3-week low Rumours of finance minister requesting to be sacked USDZAR at interesting level;...

13:05

Euphoria in Brazil, pain in Italy

Both USDBRL and ITA40 (FTSE MIB underlying) tumble by around 3% on Monday but similarities end at this point. Brazilian markets are in euphoria after a...

12:16

Bolsonaro wins the 1st round in Brazil: watch these 5 markets!

Summary: No winner surfaced from the first round of the Brazilian presidential elections However, Bolsonaro smashed Haddad 46 to 29%,...

10:28

Stocks under pressure to start the week

There’s been more selling in European stock markets this morning with the heaviest fall seen in Milan, where the leading Italian benchmark has declined...

09:58

Cryptocurrencies: Life science industry embraces blockchain technology

Summary: Life science industry survey shows significant adoption of the blockchain technology ETHEREUM lacks direction after breaking...

09:49

European stocks sink on Italian concerns

There's a sea of red across European stock markets this morning with Italy once more the main source of the selling. The ITA40 has dropped more than...

07:51

DE30: European equities launch new week lower

Summary: Salvini steps up his anti-immigrant rhetoric DAX (DE30 on xStation5) marches towards the support zone ranging 11870-11970 pts Car...

06:28

Economic Calendar: US inflation and ECB minutes key for EURUSD

Summary: Markets hot on Monday after Bolsonaro win and China reserve cut US inflation, ECB minutes key for the EURUSD this week Oil in the spotlight...