Market news

13:15

DE30: Dax holds the zone above the 78.6% Fibo retracement

The investors' mood on the Old Continent improved slightly DAX tests the upper limit of the broken consolidation zone Synlab's...

12:28

Commodity Wrap - Oil, Gold, Natural Gas, Soybean (07.02.2023)

Oil Oil and oil refined product prices remain stable in spite of new Russian sanctions going live Apart from that, G7 and EU also set...

11:02

Trade of the day - OIL (07.02.2023)

Facts Oil has been trading in a downward channel as of late Price bounced off the lower limit of the channel Test of the upper...

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09:52

Will Microsoft unveil today new information about AI? 📱 Conference announcement

The market expects that Microsoft (MSFT.US) is likely to unveil new information related to ChatGPT The event will start around 18:00 - 21:00, GMT...

09:39

Growth Stocks: NIO Inc.

One of the names that most disappointed the market last year was NIO (NIO.US). The Chinese EV maker faced a variety of Covid-related and supply chain issues,...

09:18

Chart of the day - USDCAD (07.02.2023)

USDCAD has been trading in a descending triangle pattern since October 2022. The pair failed to break above the resistance zone ranging below the 1.3500...

08:11

Economic calendar: Biden's address, speeches from Powell and Macklem

European indices launch trading higher Speeches from Powell and Macklem Biden to deliver State of the Union address overnight European...

07:00

Morning wrap (07.02.2023)

US indices finished yesterday's trading lower but off the daily lows. S&P 500 dropped 0.61%, Dow Jones moved 0.10% lower and Nasdaq slumped...

18:51

Daily summary: Will the US dollar continue to rally?

European indices finished today's session lower, with the German DAX falling 0.84%, as Friday's stronger-than-expected NFP data and  escalating...

18:04

PayPal plunges after analysts' downgrade

PayPal (PYPL.US) shares are trading 2.5% lower on Monday after Raymond James downgraded the payments company to market perform from outperform, ditched...

17:20

📉EURUSD falls to a 4-week low❗

EURUSD pair dropped to lowest level since early January, extending recent losses amid broader US Dollar strength. Greenback is supported by recent NFP...

16:27

OIL.WTI extends sell-off

WTI crude continues to move lower at the beginning of the week as greenback strengthening puts pressure on dollar-denominated commodities and overshadows...

16:07

EURGBP - recommendation from Credit Agricole

Credit Agricole issued a recommendation for the EURGBP currency pair. The Bank recommends taking a short position on the pair with following levels: Entry:...

15:46

EUR/USD: Technical Outlook

The last sessions have been marked by the resumption of selling pressure on the EUR/USD pair. EUR/USD - Daily time frame chart However, on the...

15:05

BREAKING: CAD weakens after upbeat Canada's Ivey PMI data

Canada's Ivey Purchasing Managers Index rose sharply to 60.10 in January, rebounding from upwardly revised 49.3 (33.4) in the previous month,...

15:00

US OPEN: Wall Street opens lower on rising US-China tensions

US indices launched today's cash trading lower US’s decided to shoot down a Chinese spy balloon Dell Technologies (DELL.US) joins the...

14:40

BREAKING: Aluminum surges as US plans to implement new tariff on Russia

Aluminum price rose sharply after Bloomberg reported that the US is ready to impose a 200% tariff on Russian-made aluminum as soon as this week in order...

13:56

Crypto news: Bitcoin opens week below 23 000 USD 📉 Bears are coming?

Risky assets opened the week in a weaker mood, which is weighing on cryptocurrency market sentiments. After last week's strong report from the...

13:29

Copper tests major support

Copper price pulled back to the lowest level since early January amid demand concerns and stronger dollar. Fresh data showed that copper inventories in...

12:56

DE30: DAX down at the start of the new trading week

DAX tests the upper limit of broken consolidation zone Deutsche Post (DPW.DE) under pressure from ongoing strikes Monday's...