Market news

14:52

BREAKING: Stellar flash PMI indices from the United States

Flash PMI indices for the month of May from the United States have been released just a moment ago. After upbeat readings from European countries, the...

12:02

Pound approaches 3-year high🔝

The British economy is doing quite well and even the last elections in Scotland did not spoil the mood towards the pound. Today, retail sales figures are...

11:10

Trade of the day: USDJPY (21.05.2021)

Facts: The price broke lower the upward trend line USDJPY bounced off the resistance area at 109.30 Recommendation:  Trade: Short...

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10:50

DE30: Muted reaction to PMI data

European indices trade mixed Mixed PMI reading from Germany Lufthansa’s (LHA.DE) second-largest shareholder sells half its stake European...

08:34

BREAKING: Mixed PMI data form Germany

Flash PMIs for May from two major European economies have just been released. French data released at 8:15 am BST showed manufacturing gauge rising from...

07:57

Chart of the day: EURUSD (21.05.2021)

EURUSD sharply retreated on May 19th, however buyers quickly regained control. The demand appeared at the support level at 1.2175 and yesterday's session...

07:41

Economic calendar: PMI day

European markets seen opening flat PMIs from Europe and the United States Canadian retail sales expected to show a drop European stock markets...

06:31

Morning wrap (21.05.2021)

US indices finished yesterday's session higher. S&P 500 rose 0.55%, Dow Jones gained 1.06% and Nasdaq closed 1.77% higher. Russell 2000 advanced...

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...