Market news

11:21

EURUSD - recommendation from IFR

Thomson Reuters IFR issued a recommendation for the EURUSD currency pair. The agency recommends taking a short pending position on the pair with following...

11:17

What’s next for the pound after retail sales?

Summary: Retail sales miss expectations in September, implied inflation remains subdued Brexit is likely to weigh on the pound in the...

10:57

3 markets to watch; S&P, Dax and FTSE

Summary: Stock indices look to consolidate after recent declines Markets have recovered some of last week’s losses A closer...

09:42

Retail sales drop more than expected

UK consumer spending slowed down by more than expected last month with the retail sales figure for September showing a 0.8% decline month-on-month. One...

09:40

DE30: Heidelberg Cement plunges after cutting profit forecast

Summary: European equity markets start Thursday’s trading little changed Bundesbank’s Weidmann joins a chorus criticising...

07:36

Economic calendar: UK retail sales in the spotlight

Summary: UK retail sales on the agenda this morning Philly Fed Index expected to show a drop Some major companies’ reports scheduled for...

07:00

Yields move higher post FOMC minutes, AUD jumps after jobs report

Summary: FOMC minutes point to further gradual rate hikes, going beyond the neutral rate possible Australian dollar jumps following mixed...

16:50

Oil slumps after large inventory build

Summary: Oil.WTI down 3% on the day and back below $70/barrel Market near 1-month low after larger than expected build (+6.5M vs +1.6M...

15:21

Commodity wrap - Oil, Soybean, Gold (17.10.2018)

Below we present the most interesting commodity markets this week: Oil: WTI prices move clearly above their 5-year average, the seasonality...

14:48

OIL sharply down ahead of the key report

OIL prices are sharply down on Wednesday ahead of the key DOE report on inventories. OIL (Brent) is down 1.4% and OIL.WTI loses as much as 1.8% with 45...

14:19

Technical overview: OIL

Summary: Oil prices realized a target stemming from the inverse SHS pattern Brent prices manage to stay above $80 DoE release...

13:56

Indices pullback ahead of Wall St open; Netflix called to surge higher

Summary: Indices trade in the red after Tuesday’s large gains US500 back near the 2800 level Netflix called to open 10%...

12:06

Cryptocurrencies: Far more ICOs conducted in Europe than in the US or Asia

Summary: Europe outpaces US and Asia in the amount of funds raised through ICOs RIPPLE shines among other major cryptocurrencies today Former...

11:23

Is the sell-off over?

Yesterday saw a strong recovery for stock indices, with the US100 leading the charge higher as markets attempt to recoup last week’s losses. However,...

10:13

GBP sell-off deepens as inflation disappoints, BoE concerned with leveraged loan growth

Summary: The UK CPI inflation decelerated more than expected BoE Minutes reveal concerns over growth of non-investment-grade companies...

09:16

DE30: Fresenius Medical Care slumps after earnings

Summary: US seeks to start trade talks with EU, UK and Japan DAX (DE30 on xStation5) struggles in the vicinity of 33-period moving average Fresenius...

07:58

Economic calendar: All eyes on FOMC minutes

Summary: GBP in focus as inflation report comes due Unexpected drop signalled by API gives oil bulls hope ahead of DOE reading FOMC...

07:20

CAD and MXN underperform on trade deal developments, Netflix releases stellar earnings

Summary: Stocks surge as risk appetite returns CAD and MXN moved lower as trade deal vote in the US Congress may be postponed Netflix...

16:53

Stocks attempt to recover while GBP gains on wage data

Summary: Stocks look to recover recent losses Pound gains on strong employment data Gold near 3-month highs as Hungary increases...

15:34

Gold near 3-month highs as Hungary increases reserves

Summary: Gold remains near recent 3-month highs at 1230 Hungary increases reserves tenfold Precious metal well supported despite...