Market news

07:53

Economic calendar: FOMC minutes and flash PMIs in focus

European indices set for slightly higher opening FOMC minutes to be released at 7:00 pm GMT Flash PMIs for November from Europe and...

06:49

Morning wrap (23.11.2022)

US indices traded higher yesterday with all major Wall Street benchmarks gaining over 1%. S&P 500 and Nasdaq gained 1.36% each, Dow Jones moved...

18:57

Daily summary: US stocks rise ahead of tomorrow’s FED minutes

European indices finished today's session higher on Tuesday, with  DAX also rising above 14,430, the highest since early June. Oil and gas...

17:48

Zoom stock plunges on weak revenue forecast

Zoom (ZM.US) stock managed to erase some of the premarket losses however is still trading 5.0% lower after the video-conferencing platform cut its annual...

17:27

Cloud computing - future of digitalization?

The increasing amount of digital data being produced, trends of remote work using new technologies and optimization of enterprise costs are driving more...

16:59

BREAKING: Oil jumps as west plans to introduce price cap on Russian oil

Oil prices rose around 2.0% on Tuesday as WSJ reported that the G7 and the EU plan to introduce a cap on Russian oil prices tomorrow, in order to punish...

16:14

Meta CEO Zuckerberg may resign next year, according to unconfirmed sources

The Leak agency has reported that Mark Zuckerberg may step down as CEO of Meta next year, an unofficial source said. According to the article, Zuckerberg...

15:27

EU proposes cap on gas prices

The European Commission proposed a cap on gas prices of €275/MWh. EU Energy Chief Simson emphasized that this mechanism is not a silver bullet for...

15:13

WSJ reports drives cryptocurrencies rebound 📈

The Wall Street Journal reports that crypto-billionaire Justin Sun, creator of the TRON blockchain, is still considering a deal with FTX and has indicated...

14:59

US OPEN: US30 rises ahead of FED speakers

US indices launched today's cash trading in mixed moods US30 bounced off support Dollar Tree (DLTR.US) plunges despite upbeat quarterly results Three...

14:00

Best Buy surges in premarket on earnings beat

Best Buy (BBY.US) stock jumped more than 7.0% before the opening bell , after the consumer electronics and appliances retailer posted upbeat results...

13:35

BREAKING: CAD moves slightly lower on mixed retail sales data from Canada

Canada retail sales data for September was released at 1:30 pm GMT.  Report  came in line with expectations and  did not trigger any major...

13:06

Forint little changed following Hungarian Central Bank decision

Hungarian Central Bank left its benchmark interest rate unchanged at the effective lower bound of 13.00 %, as widely expected.  Desposit interesr...

12:35

BREAKING: Shanghai introduces new Covid restrictions!

The Chinese city of Shanghai will tighten Covidian restrictions for people entering the city starting November 24. At this point, markets have not overreacted...

12:31

DE30: DAX seeks to maintain the ongoing uptrend

Tuesday's trading session on European markets brings slightly better sentiment. The DE30 is trading close to yesterday's closes and remains in...

12:19

Trade of the day: EURGBP (22.11.2022)

Facts: EURGBP pulled back from the upper limit of 1:1 structure The pair left the consolidation range The pair sits below the 100-period moving...

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11:54

Commodity Wrap - Oil, Natural Gas, Gold, Cotton (22.11.2022)

Oil Wall Street Journal reported on Monday that OPEC+ is considering a 500 thousand barrels per day increase in oil production, sending oil price...

10:25

Growth Stocks: NiSource Inc.

As of November, the early electric and natural gas company NiSource Inc. (NI.US) released its third-quarter 2022 results. As is the case with most utility...

10:24

Bitcoin tries to defend 2-year lows 📌

Bitcoin is trying to defend key support near $15,500. Cryptocurrencies came under pressure again amid reports from Bloomberg, which citing its sources...

08:53

Chart of the day - USDCAD (22.11.2022)

A recent recovery move on USDCAD has run into an obstacle. Pair tested the resistance zone ranging below the 1.3500 mark yesterday but failed to break...