Market news

19:18

Daily summary: Global stocks rebound after yesterday's "Cryptocrash'

Europe’s major markets finished session higher Upbeat US claims report Tech stocks rebound European indices finished today's session...

18:21

Kohl’s stock fell 10% despite better than expected results

Kohl’s (KSS.US) stock plunged more than 10.0%, despite the fact that the retailer posted better than expected quarterly figures. Kohl’s earned...

17:23

US 100 breaks above major resistance

US100 breaks above two important points of resistance  -  the downward trendline and 13,333 pts level, which was acting as significant resistance...

17:01

MACRO: US jobless claims continue to fall as some states end federal aid

Today's report from the Labor Department showed that initial jobless claims decreased to 444k in the week ended May 15th, from a total of 478k the...

15:03

US OPEN: Wall Street opens higher as weekly jobless claims drop

Weekly jobless claims dropped to a new pandemic low Virgin Galactic (SPCE.US) confirmed upcoming test flight of VSS Unity on Saturday Kohl’s...

13:45

Commodity wrap - Oil, gold, coffee, CO2 emissions (20.05.2021)

Oil: Significant progress regarding a potential US-Iran nuclear deal is putting downward pressure on the crude oil market The potential increase...

13:34

BREAKING: US Jobless Claims fall more than forecast

The number of Americans filling for unemployment benefits was  0.444 million in the week ended May 15th, compared to 0.473 million rise reported in...

13:26

Trade of the day – AUDUSD (20.05.2021)

Facts: 6th consecutive decrease of unemployment rate in Australia The economy is back on track, despite restrictions connected with travels Trade...

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12:25

🛢 Nuclear talks push oil lower

Talks between Iran and the United States in Vienna continue. Parties are said to be closing in on an agreement that will see sanctions on Iran lifted,...

12:16

DE30: Is the short-term recovery sustainable?

The German benchmark index broke through the lower limit of the rising wedge for the third time in May, but the support at 15,090 points prevented a sharper...

11:26

EURUSD - recommendation from SEB

SEB issued a recommendation for the EURUSD currency pair. The Bank recommends taking a short position on the pair with following levels: Entry:1.2173 Target:1.2000 Stop:...

10:30

DE30 erases morning gains and drops to 15,100 pts

European indices trade mixed DE30 pulls back from 15,210 pts area Suedzucker drops after 2022 fiscal forecasts European stock...

09:37

Chart of the day - GOLD (20.05.2021)

Gold has been enjoying an uptrend recently. Precious metal jumped from $1,680 at the end of March to $1,890 yesterday, thanks to US dollar weakness. Taking...

07:28

Economic calendar: Jobless claims and speeches from central bankers

European markets expected to open higher US jobless claims due at 1:30 pm BST ECB President and BoC Chairman scheduled to speak Global...

06:48

Morning wrap (20.05.2021)

US indices finished yesterday's session lower but off daily lows. S&P 500 dropped 0.29%, Dow Jones declined 0.48% and Nasdaq closed 0.03%...

19:34

Daily summary: 'Cryptocrash' sparked wider stocks selloff

Rising inflation in Europe Wall Street retreats for 3rd session The Fed may start talking about a tightening of QE in the upcoming meetings Cryptocurrency...

19:24

US Stocks slightly lower after Fed minutes

Highly anticipated FOMC minutes release turned out to be a non-event as it did not provided any direct mentions of tapering except this statement: "A...

17:49

Crypto-exposed stocks under heavy pressure

Today's slaughter in the cryptocurrency market has obviously translated into stocks of technology companies with a wide exposure to digital assets....

15:36

BREAKING: US Crude Stocks rise less than expected

Crude inventories in the US rose by  1.32 million barrels in the week ended May 14th, following an 0.427 million decrease in the previous week...

15:22

🥇Gold trades higher despite markets turmoil📈

The price of gold has risen dynamically within the last 2 hours, strengthening by more than 2% from the daily low. Demand is clearly strong in the precious...