Market news

10:37

DE30 drops after failed attack on 200-hour moving average

European stock markets trade mixed DE30 among Europe's top laggards Infineon, Vonovia and HelloFresh reported results European...

08:58

Chart of the day - AUDNZD (04.05.2021)

AUDNZD is continuing an upward move launched after a test of the 1.0725 area last week. A mix of support can be found in that area - 200-session moving...

07:27

Economic calendar: US factory orders, Pfizer earnings

European markets seen opening flat US factory orders data due at 3:00 pm BST Pfizer to report earnings before session open European...

06:42

Morning wrap (04.05.2021)

US indices finished yesterday's trading higher. Dow Jones gained 0.70%, S&P 500 added 0.27%, Russell 2000 moved 0.49% higher while Nasdaq...

15:31

ISM prices surge again

The ISM report was the most anticipated data release today and it brought the mix that is not exactly ideal. The headline number slowed from 64.7 in...

14:41

Wall Street recovers from Friday dip

Once again a small correction attempt was quickly used for dip-buying on Wall Street as a lack of immediate risks proves to be enough to prop indices higher. Solid...

14:25

Euro recovers gradually against the US dollar

Today's session marks the new trading week but also the new month. During the month of April the U.S dollar (USD) recorded the worst performance throughout...

10:49

🌽Corn most expensive in 8 years❗

Corn, +2.5% today, has just opened another week with a bullish gap extending the rally to more than 120% from August 2020 lows. How far may it go? We can...

09:14

DE30: Green opening in Europe

German blue chip index was one of the weakest in April and excluding dividends it was actually slightly negative – in sharp contrast to 5%+ gains...

07:43

Economic Calendar: ISM and Powell

The first week of May starts with holidays in China and Japan that will extend to Wednesday and Thursday respectively. However, we’ll have important...

06:48

Morning Wrap (03.05.2021)

Friday brought a small correction on Wall Street with S&P500 (US500) down 0.72%, Nasdaq100 (US100) down 0.78% and Russell2000 (US2000) down 1.26%....

19:02

Daily summary: The dollar appreciates at the end of the week

The US currency strengthened on Friday A pullback in the stock market Gold and silver fell slightly During today's Forex session we could...

18:29

AUDUSD drops to fresh weekly lows

AUDUSD pair was trading in a relatively tight range around 0.7770 during the European session, however bears became active during the  American trading...

18:07

Chevron stock fell 3% after mixed quarterly results

Chevron (CVX.US) stock fell nearly 3% after one of the major oil companies posted mixed quarterly figures. Chevron earned 90 cents per share which came...

17:38

MACRO: US Personal Income skyrockets on stimulus checks

Personal income jumped 21.1 % MoM in March, rebounding from a revised 7% drop in the previous month and above analysts’ expectations of a 20.3 %...

16:06

Three markets to watch next week

Earnings release from US mega cap companies turned out to be positive surprises as solid momentum continued into 2021. While earnings season is still on...

15:27

📈Palladium broke above $3,000

Palladium price continues to move upward, partially due to mounting supply disruptions, after Russian mining giant and the world's largest palladium...

15:07

US Consumer Sentiment above forecasts

The University of Michigan's consumer sentiment for the US was revised higher to 88.3 in April from a preliminary of 86.5 and compared with...

14:52

US OPEN: Wall Street slips off record highs

US PCE Price Index rises for 4th month Twitter (TWTR.US) stock fell sharply due to slow user growth and poor guidance Amazon (AMZN.US) posted record...

13:36

BREAKING: US Core PCE Price Index rises in March

The core PCE price index, which excludes volatile items such as food and energy, rose 0.4% over a month earlier in March 2021, after a  0.1%...