Market news

4:13 PM

Daily summary: Virus concerns overshadow positive data

PMI indices point to some manufacturing recovery Virus spreads quickly, scares markets Oil prices keep diving as demand concerns mount Friday...

2:49 PM

BREAKING: US500 near all-time highs despite PMI miss

After strong readings from Europe expectations ahead of the US PMIs were quite high. They were matched only for the services sector that saw an improvement...

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1:59 PM

US OPEN: Intel beats Q4 earnings forecasts on strong demand

US futures point to a green open on Wall Street US500 with potential head and shoulders pattern? Intel (INTC.US) surprises with earnings...

12:09 PM

Technical alert: EURUSD

In spite of a PMIs, EURUSD is trading lower today. Looking at the H4 interval, one can see that the head and shoulder pattern is pushing the pair lower....

11:27 AM

Crypto Newsletter: Digital currencies decline ahead of Lunar New Year

Cryptocurrency market remains under pressure as Lunar New Year gets underway Ethereum threatens declines as head and shoulders pattern surfaces EOS...

10:13 AM

Trade of the day: GOLD

Facts: Price bounced off the lower limit of the Overbalance structure Gold is trading in local upward trend Recommendation:  Trade:...

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9:46 AM

DE30: PMIs support recovery in European equities

European stocks rally supported by solid PMIs DE30 halts morning spike at 13575 pts price zone Bayer (BAYN.DE) gains on Roundup settlement...

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8:32 AM

BREAKING: DE30 up as German data improves

Flash January PMI show improvement across the global economy and that is especially true for Germany, where the manufacturing PMI rose from 43.7 to 45.2...

7:16 AM

Economic calendar: Flash PMIs to steal the show today

Flash PMIs from France, Germany, the United Kingdom and the United States High-profile speakers to attend Davos panel on Global Economic...

6:32 AM

Morning wrap

US indices finished yesterday’s session higher. S&P 500 gained 0.11%, Nasdaq rose 0.20% and Russell 2000 added 0.16%. Dow Jones was a laggard...

5:06 PM

Daily Summary: Virus overshadows boring ECB

Coronavirus spreads, makes markers nervous ECB stays put, EURUSD dives lower Oil prices down, recover somewhat after the inventory data Firday’s...

3:26 PM

ECB summary: Lagarde offers a ray of hope for more easing

ECB sees slightly better data in line with expectations Policy review will not impact decisions this year Markets nervous as the Chinese virus spreads The...

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2:03 PM

US OPEN: Mixed reports from Dow Jones members

US futures point to a slightly lower opening on Wall Street ECB President Lagarde holds post-meeting press conference 2 Dow Jones...

12:45 PM

BREAKING: ECB leaves rates, EURUSD at 1.11

The ECB decided to maintain interest rates unchanged at its first meeting this year, a decision that was broadly anticipated. Traders hope that ECB president...

12:07 PM

Stock Market Comment: Factors to watch for US megatechs

Nasdaq surged almost 38% last year 5 biggest tech stocks make up almost 20% of S&P 500 market cap Good business performance support...

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12:07 PM

Technical alert: GOLD

Gold price struggles with a key short-term support. Market bounced off the lower limit of the Overbalance structure this morning but after a brief jump...

11:29 AM

USDJPY - recommendation from Deutsche Bank

Deutsche Bank issued a recommendation for the USDJPY currency pair. The Bank recommends taking a long pending position on the pair with the following...

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10:10 AM

DE30: European markets slide as virus concerns return

European indices move lower as coronavirus concerns return DE30 attempts to hold above support at 13440 pts Hochtief (HOT.DE) sinks...

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8:45 AM

Trade of the day - GBPJPY

Facts House of Lords passed Brexit bill UK to face tough trade negotiations this year GBPJPY struggles at key resistance Source:...

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7:23 AM

Economic calendar: Central banks and Wall Street earnings

ECB and Norges expected to leave rates unchanged today Oil may overlook inventories data amid ongoing turmoil Intel, Procter &...