Market news

14:34

US stocks remain just shy of record peaks

Summary: US500 higher on the day but below weekly high Yesterday saw the market end its run of consecutive daily gains Wholesale...

13:54

Stock of the week: Tesla

Summary: Elon Musk sends Tesla (TSLA.US) shares sharply higher with a single tweet A possible delisting of the electric vehicle producer...

13:21

Cryptocurrencies: Asian crypto valley in Philippines?

Summary: The government of  Philippines wants to build its own ‘crypto valley’ The group of financial regulators plan...

13:03

USD remains higher after PPI miss; Gold forming a base?

Summary: US PPI data misses forecasts Initial jobless claims falls more than expected Gold looking to build a base?   On...

10:55

TRY extends its decline after meeting in Washington

Summary: Turkish lira touches its fresh record low against the dollar The meeting in Washington ends with a disappointment Cost...

09:48

Pound slumps to new lows

The slide in the pound has continued this morning with the currency falling to its lowest level since last August against the US dollar. The fall in sterling...

08:38

DE30: European stocks begin slightly lower, Adidas surges 10%

Summary: Major European equity markets kick off Thursday’s trading subtly lower DAX (DE30 on xStation5) stays within its well-known...

07:21

Economic calendar: US PPI and jobless claims

Summary: Relatively quiet day on the data front US PPI and jobless claims at 1:30 Canadian housing starts at 1:15 While...

06:19

NZ dollar sinks on dovish RBNZ

Summary: RBNZ leaves rates unchanged as expected but pushes back the first rate hike forecast Chinese CPI accelerates while PPI decelerates...

16:49

Oil plunges after DOE release and China; Indices remain near recent highs

Summary: Oil drops after smaller DOE drawdown and Chinese tariffs Stock remain near recent highs; Tesla in focus Bitcoin slumps below $6500 GBP...

16:17

Stocks remain near recent highs; Tesla in focus

Summary: US indices remain near recent highs US100 rises to new weekly high Tesla in focus after Musk tweet   US...

16:03

Oil deepens decline as China announces tariffs

Oil prices are experiencing a heavy sell-off today. Firstly, the DOE report showed smaller-than-expected drop in inventories sending oil prices lower....

15:14

Oil drops after smaller DOE drawdown

The most recent oil inventory release has shown a smaller than expected drop for the past week, with the market falling lower in the initial reaction....

12:47

Technical overview: OIL

Summary: Brent prices’ (OIL on xStation5) volatility is getting lower Goldman Sachs outlines the upbeat outlook for oil for the rest of the year API...

12:06

Mixed session on the Old Continent, GBP sinks on Brexit concerns

Summary: USD advances against most major currencies No-deal Brexit fears hit GBP UK100 moves significantly higher amid weak domestic currency RBNZ...

11:50

Bitcoin slumps below $6500 as bears take control over the market

Summary: Another Swiss bank will offer services for cryptocurrency companies Oleksandr Stelmakh, a member of the Ukraine Central Election Commission,...

08:22

DE30: European stocks begin the day softer despite gains on Wall Street

Summary: The beginning of Wednesday’s trading across European equity markets bring moderate falls DAX (DE30) fails to move back toward its ascending...

06:55

Economic calendar: Could NZD benefit from RBNZ decision?

Summary: Reserve Bank of New Zealand meets this evening, the NZ dollar seems to be in a position to benefit from the event DOE weekly release on US oil...

06:08

Chinese trade surplus shrinks, US ready to impose new duties

Summary: Chinese trade balance shows a much lower surplus, but this is not the case when it comes to the US US says it will begin imposing 25% tariffs...

16:07

Stocks add to recent gains; TRY recovery remains fragile  

Summary: US indices have moved higher once more today USDTRY remains near record high USDCAD retests trendline support Will SNB allows EURCHF to break...