Market news

11:53

Coronavirus: market update

• A number of countries continue to witness rising number of new COVID-19 cases over the last few months. However coronavirus appears to...

10:34

DE30 moves higher as investors focus on FED economic view

• UK inflation rate lowest since 2015 • Bayer (BAYN.DE) settles thousands more Roundup lawsuits • Lufthansa (LHA.DE) may...

09:58

🛢 OIL soars by 2.5%

OIL is advancing for the second day after defending a pivotal support at $39.30. We pointed out in a post yesterday that buyers were able to stop the sell-off...

07:16

Economic calendar: All eyes on FED

• FOMC rate decision; Fed Chair Powell news conference • US Retail sales data • EIA crude oil inventories report A lot...

06:30

Morning wrap

• US indices finished Tuesday's session higher, Dow Jones  gained 2 points to close flattish, S&P 500 rose 0.5% while the Nasdaq...

18:07

Daily summary: Solid economic reports push markets higher

Upbeat economic data supports stock markets Gold with some bigger swings Markets awaiting tomorrow’s Fed policy announcement Global...

17:04

🚗 Tesla soars ahead of “Battery Day” 📈

Tesla (TSLA.US) stock gains for a fifth consecutive session as investors’ excitement intensifies ahead of the so-called “Battery Day”...

16:04

Oracle jumps on rumoured TikTok deal

Oracle Corp (ORCL.US) jumped almost 3% during today session on rumoured TikTok deal. According to CNBC, a U.S. decision on Oracle’s bid for TikTok’s...

14:56

US OPEN: Wall Street opens higher amid strong NY Empire rebound

American equities push higher at the market open NY Empire well above expectations, slightly disappointing industrial production Nikola...

14:20

BREAKING: U.S. industrial production below expectations!

The U.S. industrial production data for the month of August were published just a few minutes ago. Surprisingly, the data came in below market expectations...

14:07

EURGBP - recommendation from TD BANK

TD BANK issued a recommendation for the EURGBP currency pair.   The Bank recommends taking a short position on the pair with following levels: Entry:0.9210 Target:0.9100 Stop:...

13:10

Coronavirus: market update

• In Europe, a second wave of infections continues to hit several countries across the region. Spain recorded 27,404 new infections since Friday,...

12:23

Commodity wrap- Oil, gold, soybean, coffee (09/15/2020)

Oil: Brent continues to trade below $40 a barrel The latest OPEC forecasts were not very negative, yet still predict a drop in demand of over 10...

12:09

👁‍🗨 What to expect from the Fed?

The US Federal Reserve has a massive impact on the markets. Indeed, the US central bank could be the key driver behind an impressive post-pandemic rally...

10:44

DE30: European stocks rise on robust investors morale

• German ZEW well above expectations • UK jobless rate  near 2-year high • Daimler AG (DAI.DE) will pay $ 2.2 billion...

10:19

🛢 OIL rebounds from the key level

OIL saw a very steep correction in the first half of September sliding from $46.50 to $39.30. This level has been turned into a support and so far buyers...

10:07

BREAKING: German ZEW index above expectations

The ZEW Indicator of Economic Sentiment for Germany jumped to 77.4 pts in September from the 71.5 pts in previous month. Today’s reading came in...

09:41

Trade of the day - Coffee

Facts: Coffee saw sharp declines on Monday Inventories still decline Recommendation: Coffee long at market Stop loss: 117 Take profit: 130.5 Opinion: Coffee...

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07:31

Economic calendar: ZEW and US industrial production data

• September ZEW Economic Sentiment figures for Germany and the Eurozone • US industrial production figures • UK Jobless...

06:30

Morning wrap

• US indices finished Monday's session higher, with the Dow Jones gaining 1.2%, S&P 500 rose 1.3% while the Nasdaq jumped 1.9% • Major...