Market news

6:47 PM

Daily Summary: a rate hike still on the table?

• Expectations for an interest rate hike by the Fed, primarily in July, have been growing, with the pricing reaching 25 basis points, driven by strong...

6:25 PM

Fitch Rating - U.S. ‘AAA’ rating remains on negative watch 🥇

Despite the resolution of the U.S. debt limit impasse, Fitch Ratings continues to have a negative watch on the U.S. rating. While the agreement to suspend...

5:41 PM

Gold reacts to higher possiblity of Fed hike

Strong job growth in the US for May means that a rate hike by the Fed during the next two meetings is still on the table. Currently, the market is pricing...

3:11 PM

Under Armour extend gains in premarket after Byron's Trott stake

Sportswear and footwear manufacturer Under Armour (UA.US) is extending yesterday's share price gains in pre-market Wall Street trading. Markets are...

2:55 PM

US Open: Wall Street opens 0.7% higher after ❗

Wall Street is set to open higher on the last day of the week Mixed sentiment after contrary signals from labor market data MongoDB shares rally...

2:03 PM

Warren Buffett increased stake in Occidental Petroleum again 📈

As the price of a barrel of oil near multi-month lows, Warren Buffett did not stop buying shares in Occidental Petroleum (OXY.US), a US oil&gas company. Between...

1:58 PM

DE30: DAX retains gains after ambiguous NFP report!

DAX extends dynamic upward wave NFP does not change stock market sentiment Lulumenon results support Adidas (ADS.DE) and Puma (PUM.DE)...

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1:33 PM

BREAKING: EURUSD drops below 1.076 after NFP data ❗

US, NFP report for May Non-farm payrolls: 339k vs 190k expected (253k previously) Unemployment rate: 3.7% vs 3.5% expected (3.4% previously) Wage...

12:44 PM

EURGBP - recommendation from IFR (02.06.2023)

IFR Research issued a recommendation for the EURGBP currency pair. IFR recommends taking a long position on the pair with following levels: Entry...

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12:07 PM

AI companies - key players🔌

Nasdaq has gained over 30% since the beginning of the year, despite the Fed's tightening cycle and record-high financing costs. The race is led by...

11:39 AM

💲 USD drops ahead of NFP data

NFP report for May is a key macro release of the day. US jobs data, scheduled for release at 1:30 pm BST today, is expected to show a 190k increase in...

11:12 AM

China with plans for new economic stimulus package 🏛

China is considering a new real estate support package to boost the economy, Bloomberg reported. Regulators are considering lowering down payments in some...

10:53 AM

Trade of the day: NZDUSD (02.06.2023)

Facts: NZDUSD has been trading in a mid-term downward trend The pair reached the key horizontal resistance Recommendation:  Trade:...

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10:13 AM

USDJPY - recommendation from Danske (02.06.2023)

Danske Research issued a recommendation for USDJPY currency pair. Institution recommends taking a short pending position on the pair with following...

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9:11 AM

Chart of the day - US30 (02.06.2023)

US indices launched this week's trading on the back foot and moved lower on Tuesday and Wednesday. However, tides turned yesterday as it became more...

8:47 AM

GBPUSD - recommendation from BNP (02.06.2023)

BNP Paribas issued a recommendation for GBPUSD currency pair. Bank recommend taking a short position on the pair with following levels: Entry (market):...

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7:48 AM

Economic calendar: NFP report in the spotlight

European indices set to open higher NFP report for May in the spotlight US Senate approves debt ceiling bill European index...

6:39 AM

Morning wrap (02.06.2023)

US indices finished the first trading session of a new month with decent gains. S&P 500 gained 0.99%, Dow Jones moved 0.47% higher while Nasdaq...

7:02 PM

Daily summary: Positive sentiment on Wall Street ahead of NFP, dollar retreating ❗

Wall Street is gaining following positive ADP and JOLTS data, indicating a strong job market. The US500 is up nearly 1.0%, approaching 4230 points,...

4:17 PM

US Open: Wall Street opens higher!

Wall Street extends bullish momentum despite weaker macro data US labor market remains strong C3.ai plummets after new revenue forecasts The House...