Market news

Daily summary: Global indices rebound on virus slowdown signs

April 6, 2020

• Stocks rebound on slowing outbreak • Oil prices fall after OPEC postponed the meeting • Gold extends gains   Global equity markets  have risen sharply on Monday due to the first signs of a slowdown in the number of new cases and deaths in the European...

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US OPEN: Wall Street higher on coronavirus slowdown hopes

April 6, 2020

• US stocks rally at the open • Rate of new coronavirus cases and deaths is slowing • Spotify (SPOT.US) rating downgraded   US indices rose sharply on Monday. Market sentiment has been improved by President Trump's statement that  signs of a coronavirus...

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Coronavirus: market update

April 6, 2020

Global coronavirus cases rose to 1,278,754 million today with over 271,000 recoveries. The number of people confirmed to have died as result of the coronavirus reached 70,320. The US remains the epicenter of the pandemic with over  336 000 infected people, more than 25% of cases globally. New York...

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April 6, 2020
12:36 PM

Trade of the day: OIL WTI

Facts: Oil price bounced off the upper limit of local 1:1 structure Mid-term trend remains downward Key resistance in the $28 area Recommendation:  Trade:...

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11:50 AM

Oil - what do we know about OPEC+ meeting?

In this short summary we would like to present what is known about the upcoming OPEC+ meeting. We also provide a short commentary on where Thursday's...

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10:53 AM

EURCHF - recommendation from MUFG

Mitsubishi UFJ Financial Group issued a recommendation for the EURCHF currency pair. The Group recommends taking a short pending position on the pair...

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10:06 AM

DE30: German auto stocks rally as risk-on returns

Equities rally at the beginning of a new week DE30 tests 9,900 pts but fails Munich Re (MUV2.DE) said claims spiked in the first...

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April 3, 2020
12:09 PM

Trade of the day: EURGBP

Facts: Downward trend on EURGBP slowed down The price broke above the upper limit of wedge pattern Recommendation: Trade: Long position on...

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11:28 AM

CADJPY - recommendation from TD Bank

TD Bank issued a recommendation for the CADJPY currency pair. The Bank recommends taking a short position on the pair with the following levels: Entry...

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10:06 AM

DE30: Adidas seeks billions in state aid

European stocks start Friday's trading lower DE30 struggles to steer away from 9,500 pts mark Adidas (ADS.DE) seeks €1-2...

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