DE30: European equities tumble on new restrictions
• German Business Climate Highest in 7 Months • SNBank kept interest rates unchanged • Infineon (IFX.DE) chip enables...
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Market news
Sentiment for cryptocurrencies is positive, helped by gains on Wall Stree. Bitcoin is rebounding from $95,000 and is trading at $98,000; Ethereum at $3,700. During the last few days, Ethereum is starting to do significantly better, against Bitcoin. If this momentum continues, looking at historical data...
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At the start of this week, the focus is likely to be on France. On Sunday, Marine Le Pen said that her party’s talks with the government led by Michel Barnier, had broken down, which paves the way for a no-confidence vote in the technocratic government that has no majority in Parliament. The no-confidence...
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With the US still celebrating the Thanksgiving holiday, the focus has shifted to Europe. France and its budget woes along with rising inflation in the currency bloc has focused minds on the outlook for the euro. Marine Le Pen, the leader of the National Rally, holds the balance in France’s...
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• German Business Climate Highest in 7 Months • SNBank kept interest rates unchanged • Infineon (IFX.DE) chip enables...
The Ifo Business Climate Index in Germany rose to 93.40 in September, from the previous month's figure of 92.6 and below market expectations...
• US Weekly Jobless Claims • Ifo Business Climate index • Key central bankers speeches It’s a relatively...
Equity markets attempted a rebound yesterday in the morning only to completely reverse course during the US trade. Bulls are facing multiple headwinds:...
• US indices finished Wednesday's session lower. The Dow Jones fell 1.9% while S&P 500 lost 2.4% and Nasdaq plunged 3% • Shares...
• European stocks finish higher on Wednesday • Investors resume selling US tech shares • Gold price approaching 6-week...
Shares of Tesla (TSLA.US) fell as much as 7.6% in extended trading on Tuesday after the electric-auto maker unveiled innovations and increased efficiencies...
Crude inventories in the US dropped by 1.639 million barrels in the week ended September 18th, following an 4.389 million decline in the previous week...
• US Manufacturing PMI in line with expectations • House passes short-term spending bill to avoid government shutdown • Nike...
US Manufacturing PMI increased to 53.50 in September from 53.1 in August, in line with analysts’ expectations of 53.5. The reading pointed to the...
USDCHF has been trading in a downward trend recently. However the price broke above the upper limit of the downward channel signalling a possible...
DE30 The German index has been moving in a clear consolidation recently, however at the beginning of the week price broke below the lower limit of the...
• Cases of the COVID-19 disease are continuing to surge in many European and Asian countries, while new clusters of COVID-19 infections have...
European markets gain for the second day to erase Monday’s sell-off DE30 testing the 12,800 pts area European sportswear surge...
Germany released its preliminary PMI indices just a moment ago - earlier the data was released by France. Data is rather mixed as Manufacturing PMIs came...
Precious metals have been under pressure lately despite extremely dovish Fed. The key reason is US dollar. The US currency was under huge pressure during...
All eyes on PMIs from Europe Key central bankers speeches EIA’s crude oil inventories Wednesday’s session will...
• US indices finished Tuesday’s session higher. The Dow Jones rose 0.52%, S&P 500 added 1.05% while Nasdaq finished the day 1.71% higher. •...
Stocks lose steam in the afternoon EURUSD near the 1,17 mark BoE’s Bailey cools negative rate expectation Throughout...
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