Market news

17:42

GAP stock tumbles 20% after weak quarterly results

GAP(GPS.US) stock fell over 20.0% during today’s session after the apparel retailer posted disappointing quarterly figures in part due to supply...

17:04

MACRO: US Jobless claims plunge to 5-decade low

The number of US citizens applying for unemployment benefits tumbled in the week ending November 20th to the lowest level in more than half a century,...

15:36

BREAKING: US crude stocks rise unexpectedly

Report from the US Department of Energy caused some moves on the oil market. Crude inventories increased unexpectedlywhile gasoline stockpiles dropped...

15:20

No lockdown in Germany? DE 30 rebounds🔼🔼

Recently information appeared that the ruling coalition in Germany (SPD, Greens and FDP) rejected Merkel's proposal to introduce a lockdown in the...

15:07

USD muted after US Core PCE and Michigan Consumer Sentiment data

Core PCE prices in the US which exclude food and energy rose to 0.4 % month-over-month in Octobber, following 0.2 % gain in September, in line with market...

14:52

US OPEN: Wall Street opens lower ahead of FED Minutes

US stock opened amid rising bond yields Initial jobless claims reached lowest level since 1969 Nordstrom (JWN.US) stock sinks over 25% on lackluster...

13:41

BREAKING: EURUSD below 1.12 after US data pack. Claims lowest since 1969

The US economy expanded an annualized 2.1% on quarter in Q3 2021, slightly higher than 2% in the advance estimate, but below forecasts of 2.2%. The update...

13:13

Trading hours during US Thanksgiving holiday

The United States will celebrate Thanksgiving holiday this week and it will have an impact on the trading hours of US assets. There will be no trading...

12:44

Trade of the day - Platinum (24.11.2021)

Facts: The greenback has strengthened significantly in recent weeks Forecasts show a significant platinum surplus in 2021 and 2022 Mining output...

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12:16

Stock of the week - Zoom Video Communications (24.11.2021)

Shares of Zoom Video plunged almost 15% on Tuesday Fiscal-Q3 results slightly better than expected Slowdown in large client growth Customers...

11:11

Ichimoku patterns : US100

Wall Street finished mixed on Tuesday, with the Nasdaq (US100) closing lower for a second straight session, as rising U.S. Treasury yields pushed investors...

09:39

DE30 attempts to break below support at 15,940 pts

European markets trade slightly higher DE30 attempts to break below support at 15,940 Draegerwerk slumps on lacklustre 2022 guidance European...

08:34

Chart of the day - US2000 (24.11.2021)

Russell 2000 (US2000) and Nasdaq-100 (US100) have been lagging S&P 500 (US500) and Dow Jones after US President Joe Biden nominated Jerome Powell for...

07:54

Economic calendar: Avalanche of US data ahead of Thanksgiving

European indices set to open higher US data dump ahead of Thanksgiving FOMC minutes in the evening Futures markets point...

06:48

Morning wrap (24.11.2021)

US indices finished yesterday's trading mixed - S&P 500 gained 0.17%, Dow Jones added 0.55%, Nasdaq dropped 0.50% and Russell 2000 moved...

19:05

Daily summary: Tech stocks sink. Oil surges despite release of strategic reserves

European equities finished in red, DE30 at 3-week low US tech stocks under pressure US 10 Year Treasury yields jumped above 1.65% Washington will...

17:54

Best Buy stock tumbles 15% despite upbeat quarterly figures

Best Buy (BBY.US) stock plunged more than 15.0% during today's session, despite the fact that the electronics retailer posted solid quarterly figures....

17:18

EURCAD - recommendation from Morgan Stanley

Morgan Stanley issued a recommendation for the EURCAD currency pair. The Bank recommends taking a short position on the pair with following levels: Entry:1.4310 Target:1.3500 Stop:...

17:07

MACRO: PMI data suggests that US inflation likely to remain elevated

US PMI surveys for November showed mixed data US Service Index drops to lowest in two months US Manufacturing Index rose more than expected to 59.1 Today's...

15:56

BREAKING: Silver plunges more than 3%

Silver extended losses below the key psychological level of $24.00 per ounce on Tuesday, the lowest level since the beginning of the month and following...