Market news

15:00

BREAKING: ISM Services little higher than expected

Print: 51.9 (exp.: 51.8; prev.: 51,2) Employment: 50,8 (exp.: 52.6; prev.: 51.3) New orders: 56.1 (exp.: 57.0; prev.: 52.2) New export orders:...

14:40

US OPEN: Indices try to recoup losses ahead of Fed decision

Indices try to recover from yesterday's sharp sell-off before the Fed makes a key decision The Fed is expected to raise interest rates by 25 basis...

13:15

BREAKING: ADP doubled expectations! USD is gaining!

US ADP job change: 296k  vs 148k forecast and 145k previous.  In the first reaction, the US dollar is gaining and US100 is slightly higher....

12:15

AUDUSD - recommendation from IFR (03.05.2023)

Thomson Reuters IFR issued a recommendation for the AUDUSD currency pair. The agency recommends taking a long position on the pair with following...

11:52

DE30: DAX tries to recover from yesterday's slump

This morning's macro calendar was basically empty, making it impossible to expect much volatility in the stock market. However, European indices started...

10:00

Chart of the day: GOLD (03.05.2023)

GOLD managed to break the key resistance at 2010.5$ during yesterday's session, and left the local consolidation, which was related to the rebound...

09:01

Economic calendar: All eyes on FOMC decision!

European indices try to rebound from yesterday's losses FOMC rate decision at 7:00 pm BST ISM services from US DOE report on...

07:32

Morning Wrap (03.05.2023)

Major Asian stock indexes ended the session lower after yesterday's slump on Wall Street. Chinese and Japanese markets were closed today for holidays. Retail...

19:00

Daily summary: Markets in retreat ahead of the FOMC decision

Markets in Europe lost ground today on a wave of relatively weak macro data. At 10:00 BST, we learned about HICP inflation data from the euro area....

18:27

What will AMD's quarterly report show?

AMD (AMD.US) will present its quarterly report just after the close of the trading session on Wall Street. Analysts expect the company to follow in the...

17:01

BREAKING: Democrats call on the Fed to halt the rate hike cycle!

As reported by CNBC, a group led by several high-profile Democratic Party officials is calling on the Federal Reserve to halt interest rate hikes so as...

16:10

Markets in panic ahead of key Fed decision 💥

Market almost fully prices-in a 25 basis point rate hike and a pause afterwards Swaps assume up to 2-4 rate cuts by the end of this year Fed should...

15:17

Uber shares surge after Q1 report!

Uber Technologies Inc. rallied as much as 6.4% to $34.7 on Tuesday, after the tech giant reported its Q1 earnings and revenues that beat analysts...

15:05

BREAKING: US500 drops further after downbeat JOLTS reading!

 Durable goods orders (m/m). Earlier: -1.2% m/m, Forecast. 3.2% m/m. Currently: 3.2% m/m Factory orders (m/m) Previously: -0.7% m/m. Forecast:...

14:54

BREAKING: WTI crude oil drops close to 3%!

 WTI crude oil prices are currently losing close to 3% and sliding to their lowest levels since March 2023. Uncertainty around the spectre of a global...

14:35

US OPEN: Wall Street opens lower as market brace for FOMC decision

Investors await JOLTS and factory data readings Chegg loses over 40% on wave of ChatGPT threats The start of Tuesday's trading...

12:41

DE30: DAX erases morning rally and tests yesterday's low

Attention focused on BP and HSBC quarterly results Shop Apotheke surprises with better results Tuesday's session on European...

11:45

Trade of the day: Copper (02.05.2023)

Facts: The main trend remains upward The bounced off the lower limit of 1:1 structure Recommendation:  Trade: Long position on Copper...

10:48

DE30 retreats after setting a new high

On Tuesday, German Index DAX opened higher after a long weekend due to the Labor Day on Monday. Today's stock market session in Europe brought a continuation...

10:03

BREAKING: EMU HICP still high!

EMU inflation data for April: Harmonised Index of Consumer Prices YoY: 7.0% versus 6.9% expected and 6.9% previously Core Harmonised...