Market news

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....

09:47

Silver: What does fundamental outlook tell us?

Silver prices, like other precious metals, have not performed well of late. Prices consolidated nearby $16,50 per ounce from February to June. During this...

09:30

Can the ECB revive the euro?

Summary: ECB to decide on rates on Thursday (decision 12:45pm GMT, conference 1:30pm) EURUSD stuck in consolidation, looks for an impulse DE30 remains...

09:19

DE30: Linde surges on strong earnings report

Summary: Ifo current assessment subindex ticks higher in June DAX (DE30 on xStation5) fails to break above the 12750 pts handle painting a double top Deutsche...

07:51

Economic calendar: US companies’ earnings in the spotlight

Summary: Ifo indices to show further deterioration in business climate Market consensus suggests that DOE data will confirm drop signalled by API Three...

07:13

AUD stutters post CPI data, Trump calls for free trade with the EU

Summary: Australian headline price growth misses expectations, but core measures come as anticipated Donald Trump calls for free trade with the European...

16:54

Stocks and Bitcoin make a move higher; TRY plunges as CBRT stand pat

Summary: US100 hits record high, led by FAANG gains DE30 also firmly higher with Volkswagen a big riser Bitcoin hits 2-month high above 8000 TRY plunges...

15:54

GBP on the rise after PM May’s comments

Summary: UK PM May says she will take control on Brexit negotiations GBP making steady gains on the news GBPUSD back near highest level in a week around...

14:12

DAX surges on Tuesday

Tuesday has been a great day for European stocks so far as they have taken inspiration from yesterday’s session on Wall Street. Moreover moods have...

14:02

Stock futures green ahead of US open; Alphabet tops earnings forecasts

Summary: US indices enjoy decent move higher since Monday’s close Google parent company Alpahbet (GOOG.US) beats earnings forecasts Chinese stimulus news...

12:33

TRY plunges as CBRT unexpectedly leaves rates unchanged

Summary: Turkish central bank leaves its all interest rates untouched TRY plunges across the board, CBRT blames volatility in food prices for the recent...

11:57

USD: what to expect next?

Summary: Donald Trump puts a ceiling on the latest US dollar rally German yields look more attractive compared to US yields if currency risk is taken...

11:43

EUR pares morning weakness, declines on the grain market

Summary: European stocks move significantly higher on Tuesday USD losses its morning shine European services PMI falls more than expected Gold...

11:19

Bulls prevail as Bitcoin crosses $8000

Summary: The updated UK payments system will be compatible with blockchain technology Chinese city launches a $1.5 billion blockchain fund Bitcoin (BITCOIN...

10:01

Equities rise on Chinese stimulus and Alphabet earnings

Stock markets are enjoying a decent move higher this morning, receiving a dual boost in sentiment from a proposed Chinese fiscal stimulus and a better...

09:56

PMIs paint somewhat rosier outlook for euro again

Summary: Manufacturing PMIs rebound in July suggesting the growth slowdown is unlikely to come abruptly Readings for services weaken, composite PMIs...