Market news

13:38

Wall Street banks trade mixed in premarket after Q1 earnings

Traders were offered the first Q1 reports from major Wall Street banks today. JPMorgan (JPM.US), Wells Fargo (WFC.US) and Citigroup (C.US) published their...

13:02

🥈Silver breaks through key resistance level

Silver has tested the area of $29 per ounce today after gold reached new historic highs above $2,400 per ounce. For precious metals, we are talking about...

12:38

Globe Life shares try to rebound after almost 50% slump

Shares of Globe Life (GL.US), an S&P500-listed insurance company, fell more than 54% on Thursday, closing at their lowest level in eight years following...

12:28

GBPUSD drops to 4-month lows

GBPUSD is taking a hit today, dropping to the lowest level in almost 5 months! The move is driven by continued strength in the USD, which is benefitting...

10:48

WHEAT defends $550 despite unfavorable USDA report 📊

Wheat futures, on the Chicago exchange, are holding near $550 per bushel, despite the unfavorable for bull's, yesterday highlights from USDA report....

09:38

GOLD near $2400 level

GOLD futures increased to $2400 level despite strength of US dollar but after reaching significant psychologically level, it erases some gains. Source:...

08:22

Chart of the day - EURUSD (14.04.2024)

The Eurodollar is trading down very sharply today, losing another 0.4%. The dominance of the USD seems unquestionable at the moment, and a number of different...

08:09

UK’s economic recovery continues

The UK economy grew for the second month in February, suggesting that the UK has exited its mild recession from 2023. The economy is now growing on a 0.2%...

08:01

BREAKING: Final HICP data from Spain slightly higher

7:45 AM - Final inflation readings from France HICP y/y: 2.4% vs 2.4% forecast and 2.4% in the first reading (2.3% CPI after seasonal adjustment) HICP...

07:53

Economic calendar: US inflation expectations and top US bank results

Futures on DAX and FTSE point to higher opening in Europe UK data stronger than forecasts, final German inflation unchanged Attention shifts...

07:12

USDSEK surges almost 0.35% after fresh Swedish CPI data

March CPI from Sweden came in 4.1% vs 4.4% exp and 4.5% previously Reading on monthly basis showed also slowing CPI growth 0.1% vs 0.4% exp. and 0.2%...

07:01

BREAKING: EURGBP flat after UK data and final CPI from Germany

UK Manufacturing production MoM: 1.2% vs 0.1% exp. and 0% previously Industrial production MoM: 1.4% vs 0.6% exp. and 0.5% previously (1.1% MoM vs...

06:41

Morning wrap (12.04.2024)

Yesterday's session on Wall Street was driven by major technology companies, which contributed to a 1.65% rise in the Nasdaq 100, with continued...

18:51

Daily Summary: Wall Street erased part of yesterday's losses, USD continues to gain

Wall Street indices traded higher today, erasing part of yesterday's post-CPI sell-off. S&P 500 gains 0.6%, Nasdaq rallies 1.2% and small-cap...

17:56

CarMax plunges 11% after earnings

CarMax (KMX.US) is one of the worst performing Wall Street stock today. Share price of the US used car dealer plunges by double-digits today, following...

17:08

GBPUSD - recommendation from IFR (11.04.2024)

IFR issued a recommendation for the GBPUSD currency pair. IFR recommends taking a long position on the pair with following levels: Entry (market):...

16:30

ECB signals a June rate cut as the euro sinks

The ECB held interest rates on Thursday, as expected, however, there was a notable dovish shift in communication from the governing council and from Christine...

16:16

EURUSD tests 1.07 area

EURUSD continues pullback triggered by yesterday's higher-than-expected US CPI reading for March. The pair is down 0.3% on the day and trades at the...

15:57

Rivian drops to record lows below $10 per share

Rivian Automotive (RIVN.US), US electric vehicle manufacturer, is taking a hit today. Stock is plunging over 6% and drops below the $10 per share mark...

15:32

BREAKING: NATGAS drops after EIA report

US Energy Information Administration (EIA) issued an official, weekly report on US natural gas inventories today at 3:30 pm BST. Report was expected to...