Market news

17:40

USDJPY - recommendation from BNP Paribas

BNP Paribas issued a recommendation for the USDJPY currency pair. The Bank recommends taking a short position on the pair with following levels: Entry:...

17:19

EBC Simkus and Panetta comments support EUR 📈

The EUR currency has started to recover from hawkish comments by Fabio Panetta and Gediminas Simkus of the ECB. The comments suggest that ECB members are...

16:31

Will Microsoft earnings help tech-giant sentiments? 🔌🖱

Silicon Valley giant Microsoft (MSFT.US) will show its Q4 2022 results after today's US trading session. Wall Street expects the slowest revenue growth...

15:55

US OPEN: Wall Street opens lower ahead Microsoft earnings

US indices launched today's cash trading lower US flash PMIs rebound in January Johnson & Johnson (JNJ.US) posted mixed quarterly results Three...

15:48

BREAKING: USD strengthens after upbeat flash PMI data

• The S&P Global US Manufacturing PMI rose to 46.8 in January  from 46.2 in December, well above market forecasts of 46.0 flash estimates...

14:54

3M stock plunges over 4.0% in premarket on weak earnings and outlook

3M (MMM.US) shares fell more than 4.0% before the opening bell after the multinational conglomerate reported weak quarterly earnings and  gloomy outlook...

14:03

Commodity Wrap - Oil, Natural Gas, Silver, Gold (24.01.2023)

Oil Oil prices attempted to break out of a consolidation range. WTI trades in the $81-82 per barrel area while Brent attempts to break above the...

13:09

DE30: Tuesday's trading session puts pressure on DAX

Dax index under downward pressure Europe focused on PMI readings Swatch optimistic about the future Tuesday's trading...

13:03

Trade of the day - GBPUSD (24.01.2023)

Facts: Latest PMI figures show that UK economy is deteriorating BoE is expected to ease tightening process Pair broke below neckline of the head...

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12:41

Severn Trent share price holds onto gains despite mixed stock market sentiment

UK based water company Severn Trent, which supplies around 4.6 million households and businesses across the Midlands and Wales, saw stock price return...

11:28

A look at EURGBP after PMIs

Release of flash PMI indices for January from the European Union and the United Kingdom were key data releases of the European morning session today. Data...

10:34

Chart of the day - US100 (24.01.2023)

US earnings season is entering a key phase that will see releases from the largest stocks listed on Wall Street. While a bulk of mega-tech reports will...

09:33

BREAKING: EUR drops after French and German PMIs

Flash PMI indices for January from France and Germany were released today at 8:15 am GMT and 8:30 am GMT, respectively. French release turned out to be...

08:47

Economic calendar: Microsoft earnings, flash PMIs in the spotlight

European indices set for higher opening Flash PMIs for January from Europe and the United States Earnings from 5 Dow Jones members,...

07:57

Morning wrap (24.01.2023)

US indices finished higher for the second day in a row yesterday. S&P 500 gained 1.19%, Dow Jones added 0.76% and Nasdaq rallied 2.01%. Russell...

20:14

Daily summary: Tech stocks lead Wall Street rally

European finished today's session higher, with DAX added 0.46% to above the 15,100 level as ongoing optimism surrounding China's reopening and...

19:41

EUR unchanged despite hawkish Lagarde

ECB President Lagarde's latest comments did not cause much volatility on the markets. As expected head of the ECB remains hawkish, emphasizing the...

19:26

Shopify surges after Deutsche Bank upgrade

Shopify (SHOP.US) shares rose over 6.0% at the beginning of the week after Deutsche Bank analysts upgraded the e-commerce company to buy from hold and...

18:10

🚀US100 surges nearly 2.5%❗

US indices rose sharply today, extending Friday gains  as risk appetite improved bolstered by the lack of Fed members' speeches, due to the blackout...

17:51

EUR/USD: Are Bulls Ready To Take Off?

The beginning of this session is once again marked by an improvement in market sentiment, which is supporting the euro against the US dollar.  EUR/USD...