Market news

18:53

Daily summary: Oil rebound accelerates, US stocks extend gains

The New Zealand dollar is the strongest among major currencies Crude oil continues to move higher Mixed sentiment in the European stock market The...

17:45

Best Buy stock surges 9% on strong earnings results

Best Buy (BBY.US) stock rose more than 9.0% during today's session after the electronics retailer posted upbeat quarterly figures. Company earned $2.98...

16:06

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...

15:33

Growth Stocks: Veeva Systems

Company Veeva Systems (VEEV.US) is the benchmark enterprise SaaS (Software as a Service) solution in the life sciences industry. Since the company's...

15:07

US OPEN: Wall Street hovers near record highs

US indices extend gains NASDAQ 100 hit new all-time high Palo Alto Networks (PANW.US) stock surges after upbeat quarterly results US indices...

13:28

🛢Another good day for oil: + 1.5%

Both oil benchmarks are gaining ca. 1.5% today, although at some point crude oil rose by 2%. Prices rebounded thanks to the problems of the US dollar and...

12:40

Trade of the day - Ethereum (24.08.2021)

Facts: ETH most popular software client issues hotfix to high severity bug Price struggle to break above local resistance zone Recommendation:  Trade:...

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11:25

Commodity Wrap - Gold, Copper, Oil, Soybean (24.08.2021)

Gold Gold price gained over $100 per ounce over the past 2 weeks and broke above the $1,800 mark as well as 50-session moving average Goldman...

10:43

DE30 retests downward trendline in 15,900 pts area

European market trade mixed DE30 retests downward trendline in 15,900 pts area Lanxess buys microbial unit from IFF for $1.3 billion European...

09:03

Chart of the day - OIL.WTI (24.08.2021)

Equity and commodity markets rallied amid broad risk-on moods. Oil was one of the top gainers with Brent and WTI gaining over 5%. That was a major reversal...

07:49

Economic calendar: API report, rate decision in Hungary

European markets set for higher opening API report on oil inventories Futures markets point to a higher opening of the European cash...

06:47

Morning wrap (24.08.2021)

US indices finished yesterday's trading higher. S&P 500 gained 0.85%, Dow Jones moved 0.61% higher, Nasdaq rallied 1.55% and Russell 2000...

19:14

Daily summary: Wall Street stocks hit new record highs

Nasdaq and S&P 500 reached new ATH Precious metals prices move higher US dollar under pressure During today's session we could observe...

18:14

Drug makers shares rose after FDA grants full approval to Pfizer's Covid-19 vaccine

Pfizer (PFE.US), BioNTech (BNTX.US) shares rose 3% and 11% respectively after FDA granted full U.S. approval of their Covid-19 vaccine for use in people...

17:09

🚀Palladium gains over 6%!

On Monday, we can observe a rebound of precious metals, which can be explained by a correction of the dollar. Gold broke above the major resistance zone...

16:20

AUDUSD - recommendation from Credit Agricole

Credit Agricole issued a recommendation for the AUDUSD currency pair. The Bank recommends taking a long position on the pair with following levels: Entry:0.7188 Target:0.7470 Stop:...

15:11

US OPEN: Wall Street rises to start the week

NASDAQ hits new all-time high US PMI indices below expectations Uber (UBER.US) shares fell sharply after California court invalidates gig worker US...

15:10

EUR/USD: Retests once again the support level at 1.17

The release of the minutes of the last FOMC meeting ended up boosting the U.S dollar and, since then, the USD has been appreciating strongly against the...

14:51

BREAKING: USD sees little reaction to downbeat PMI data

The IHS Markit US Manufacturing PMI fell to 61.20 in August from 63.4 in July, a third straight month of decline from May's all-time high and below market...

14:06

Ethereum on bullish streak🔝

Ethereum has rebounded sharply over the past month. The price of the second most popular cryptocurrency in the world has almost doubled from July's...