Market news

12:54

Trump announces Chinese tariffs; Wall Street to open lower

Summary: US announce 25% tariff on $50B of Chinese imports Development another step closer to a trade war US indices lower ahead of Wall Street open;...

11:14

Stocks partially erase post-EBC gains, EURUSD below 1.16 handle

Summary: European indices post declines on the final trading session of the week Monetary authorities sent EURUSD below the 1.16 handle Some US data...

10:09

BoC official questions blockchain efficiency

Summary: Latest slump could have been caused by Bitcoin futures expiration ETHEREUM pulls back below the $500 handle SEC and BoC officials made interesting...

09:42

Trump gives the green light for more tariffs

After a stellar day of gains yesterday, the FTSE has seen some pretty strong selling and the chance of a breakaway rally higher have certainly dropped....

08:38

DE30: Resistance smashed following ECB meeting

Summary: European stock markets begin quite positive despite a US tariffs threat DAX (DE30) smashes resistance following the ECB meeting German banks...

06:43

Economic calendar: Will USD maintain this week gains?

Summary: Final inflation from the euro area should confirm a healthy bounce in May Industrial production along with consumer confidence measured by UoM...

06:01

BoJ downgrades assessment for CPI, euro stays depressed

Summary: Bank of Japan leaves its monetary policy settings unchanged as per expectations, an assessment for inflation downgraded Euro keeps trading far...

15:48

Stocks soar and Euro sinks as ECB announce taper plans

Summary: ECB reveal plans to taper APP by year-end; Draghi strikes dovish tones Strong selling in Euro and DE30 rallies strongly higher in reaction USD...

15:10

US stocks receive ECB boost but resistance lies overhead

Summary: US indices dragged higher by dovish ECB US500 revisits recent highs near 2800 However, possible reversal signal printed yesterday   The incredible...

14:23

EURUSD - recommendation from Citi

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

13:36

US retail sales beat estimates; Draghi supports dovish taper

Summary: US core retail sales M/M: +0.9% vs +0.5% exp Draghi strikes dovish tones in press conference EURUSD drops below 1.17; DE30 above 13000  A batch...

12:00

ECB keeps rates unchanged, QE to be halted by end of year

The European Central Bank decided to keep all interest rates unchanged as expected announcing its asset purchase programme would be reduced after September...

11:28

European stocks pull back ahead of ECB, GBP moves higher

Summary: GBP surges on retail sales report Bitcoin crawls back above the $6500 handle All eyes on the ECB (decision - 12:45 pm BST, conference -...

10:12

Ripple CEO explains why Bitcoin won’t be a global currency

Summary: Brad Garlinghouse makes interesting remarks on Bitcoin Litecoin (LITECOIN on xStation5) bounces off the $90 handle Coinbase opens a crypto...

10:00

GBP jumps as royal wedding boosts retail sales

Summary: Retail sales smash expectations in May being driven by the royal wedding as well as warm weather Household goods stores experience the largest...

08:32

DE30: European stocks move lower as attention turns to ECB

Summary: European equity markets begin Thursday’s trading on a weaker note ECB meeting among major risks to European stocks, the stronger euro may matter...

07:03

Economic calendar: Fed passes the baton to ECB

Summary: ECB meeting is the most important event today, but it’s not the only game in town UK retail sales could provide more insight for GBP traders Swedish...

06:02

Calm Asian response to monetary tightening in the US

Summary: Asian equity markets trade slightly lower on Thursday following a rate hike delivered by the Fed Australian jobs report mixed, investors look...

18:29

Fed hikes rates, big changes announced. What’s next for USD?

Summary: Federal Reserve lifts interest rates for the seventh time since late 2015 as expected 4 hikes estimated in 2018, 3 hikes more in the following...

18:19

USD gains as Fed delivers a rate hike

Federal Reserve raised interest rates by 25 basis points. The dot-plot published along with the decision suggests that the US central bankers expect a...