Market news

09:08

USDJPY - recommendation from Morgan Stanley

Morgan Stanley issued a recommendation for the USDJPY currency pair. The Bank recommends taking a short pending position on the pair with following levels: Entry...

07:41

Economic calendar: All eyes on US GDP as Trump weighs in

Summary: US GDP for the second quarter (the first reading) is by far the most important release for today University of Michigan will report its final...

07:09

BoJ offers to buy unlimited amount of bonds as yields rise

Summary: Japanese central bank offers to buy an unlimited amount of bonds in order push yields back Amazon presents mixed Q2 earnings, Intel beats expectations...

16:46

Indices gain as Facebook plunges; Euro dips lower on ECB

Summary: Major indices higher barring US100 which feels Facebook plunge Carmakers surge as US-EU steps away from tariffs Euro drifts lower after fairly...

15:27

Facebook plunge weighs on US100 but US30 marches higher

Summary: Facebook drops 18% on the open; US100 under pressure US30 near 5-month high above 25500 Durable goods orders miss forecasts One of the biggest...

14:48

Commodity snapshot (26.07.18)

In this article, we present in a brief way, the most interesting commodities recently: Soybeans: Soybeans prices rebound due to trade agreement reached...

14:33

Soft commodities dominate on Thursday

The ECB meeting had a limited impact on the markets and it’s the commodities that dominate price changes. While sugar prices decline 1.5%, cocoa...

14:24

Draghi delivers consistent message as ECB keeps rates on hold

Summary: Draghi toes similar line to prior press conference ECB keep all rates on hold as widely expected EURUSD dips below 1.17; DE30 looks to move higher Today’s...

12:23

Equities advance on Trump-Juncker, FX traders wait for Draghi

Summary: Antipodean currencies underperform against other majors Riskier assets benefit from Trump-Juncker meeting outcome Investors await post-meeting...

11:33

US presidential candidate accepts cryptocurrency donations

Summary: Andrew Yang, a Democratic presidential candidate, accepts crypto donations Hitachi, a Japan tech giant, tests a blockchain-based system Bitcoin...

10:32

US-EU make strides on trade but Facebook weighs

US-EU make strides on trade but Facebook weighs Two major events within an hour of last night’s close on Wall Street have caused large moves with...

09:14

DE30: German carmakers surge but Daimler lags on earnings

Summary: Trump and Juncker boost European equities by striking trade deal DAX (DE30 on xStation5) makes another attempt to break above the 12750 pts...

07:47

Economic calendar: ECB post-meeting conference in the spotlight

Summary: ECB decision and Draghi conference in the spotlight Durable goods orders to tick higher in June Amazon expected to report $53.3 billion...

07:18

Trump and Juncker strike trade deal, Facebook plunges post earnings

Summary: Donald Trump and Jean-Claude Juncker strike an unexpected deal to avert a further trade war escalation US stocks and grains bounce on the agreement,...

17:09

US stocks rise after starting lower; Oil volatile after another large DOE draw

Summary: US stocks recover after moving lower; GM shares plummet  Oil exhibits volatile trade after large DOE draw Crypto markets pullback as Binance...

16:48

Oil volatile but lacking clear direction after large DOE draw

Summary: Oil.WTI experiences volatile trade after large DOE draw Print of -6.1M below both the expected and API Price lacking clear direction in the time...

14:10

US stocks to open lower on Trump tweet; GM slumps on slashed outlook

Summary: US indices lower with US100 pulling back from ATH Trump tweet weighs on sentiment ahead of Juncker  GM shares slump on cuts to forward guidance US...

12:20

Binance aims to enter South Korean market

Summary: Coinbase has introduced gift cards in Europe The Singaporean largest air carrier launches blockchain-based program Binance probably wants to...

12:12

Trade talks in focus, AUD underperforms after inflation miss

Summary: Inflation miss exerts pressure on AUD valuation Juncker meets Trump to discuss trade issues Both precious and industrial metals are advancing Oil...

10:18

FTSE hands back Tuesday’s gains

There’s been some notable selling in London this morning, with the FTSE 100 handing back yesterday’s gains to trade little changed on the week....