Market news

06:50

Morning wrap (08.05.2023)

Indices from Asia-Pacific are trading mostly higher today, potentially responding to superb Wall Street session on Friday when all major US indices...

19:13

Daily Summary: Bullish sentiment on Wall Street despite strong NFP

Today's NFP reports came in strong - readings beat analysts expectations by a decent margin, wage growth accelerated to 4.4% YoY while unemployment...

18:57

BREEAKING: Rebound of regional banks led by PacWest!

PacWest was heavily sold off this week, but during the last session of the week, shares bounced from the lows by over 80%! This is likely due to an overreaction...

16:06

US Open: bullish sentiment is back on Wall Street!

Wall Street opens higher as the US added more jobs in April  US labor market remains strong, but not so long Regional banks...

13:33

BREAKING: Strong labor data from Canada

Unemployment data for April published Statistics Canada: Unemployment Rate: Actual 5.0%, Expected: 5.1%, Previously: 5.0% Employment Change:...

13:31

BREAKING: EURUSD slumps below 1.10 after NFP beat

NFP report for April, a key macro release of the day, was published at 1:30 pm BST. While FOMC decision is already behind us, the report remains on watch...

12:29

DE30: Adidas fuels market sentiment during Friday's session

DE30 gains to end the week Attention focused on labor market data from the US and Canada Adidas (ADS.DE) quarterly results  This...

12:20

🔼 US500 gains 0.6% ahead of NFP

Such key events like FOMC or ECB decisions are already behind us and they failed to spur optimism on the markets. Moreover, banking sector issues continue...

11:22

Stock of the week: Apple (05.05.2023)

Apple reported earnings on Wednesday after market close Better-than-expected sales and profits Beat driven by solid iPhone sales Quarterly dividend...

10:21

Trade of the day: CADJPY (05.05.2023)

Facts: CADJPY bounced off the key short-term support Short-term sentiment remains bullish Recommendation:  Trade: Long...

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08:42

Chart of the day - USDCAD (05.05.2023)

As is usually the case for the first Friday of a new month, traders will be offered jobs data from the United States and Canada. Both reports will be released...

07:42

Economic calendar: NFP report in the spotlight

European stock markets set to open higher NFP data for April in the spotlight German factory orders plunged 10.7% MoM in March European...

06:48

Morning wrap (05.05.2023)

Wall Street indices finished yesterday's trading lower as renewed concerns over regional banks weighted on sentiment S&P 500 dropped...

18:58

Daily summary: Banking sector in focus as PacWest, First Horizon and Western Alliance plunge

US indices traded under pressure today as banking sector woes continue to linger PacWest Bancorp slumped over 40% today after the company...

18:18

GOLD pulls back to $2,050 after testing record highs

Gold, as well as other precious metals, are trading higher today. GOLD trades 0.6% higher on the day while SILVER rallies 1.6% and PALLADIUM surges 2.1%....

16:49

Earnings preview: Apple

Apple (AAPL.US) is the final of US megatech companies to report earnings for calendar Q1 2023. iPhone maker will publish financial results for fiscal-Q2...

16:14

Western Alliance denies Financial Times article

Western Alliance (WAL.US) denied the Financial Times article, saying it is absolutely false. Recall that the Financial Times reported that Western Alliance...

15:43

BREAKING: Western Alliance plunges over 40% on sale reports

Western Alliance (WAL.US) seems to be another regional bank that has found itself in trouble in the aftermath of recent turmoil in the US banking sector....

15:32

BREAKING: NATGAS ticks higher after EIA report

US Energy Information Administration (EIA) released an official weekly report on US natural gas inventories today. Report was expected to show a 52 billion...

14:46

US OPEN: Banking shares on watch with PacWest slumping 40%

Wall Street opens slightly lower US2000 drops below 1,750 pts support zone US regional banks remain under pressure, PacWest slumps Wall...