Market news

10:01 AM

BREAKING: EURUSD muted after Eurozone PPI

10:00 AM GMT, Eurozone - PPI Data for November: Eurozone PPI YoY actual -3.2% (forecast -3.2%, previous -3.4%) Eurozone PPI MoM actual 0.4% (forecast...

9:30 AM

BREAKING: UK PMI data above expectations

09:30 AM GMT, UK - PMI Data for November: UK Services PMI (Nov): actual 50.8; 50.0 forecast; 52.0 previous  UK Composite PMI (Nov): actual...

9:04 AM

BREAKING: Eurozone PMI data above expectations 📌

08:15 AM GMT, Spain - PMI Data for November: HCOB Spain Services PMI: actual 53.1; forecast 53.6; previous 54.9;   08:45 AM GMT, Italy...

8:35 AM

DE40: German DAX at ATH, BMW set for leadership change

German DAX gains 0.5% and establishes new ATH Rheinmetall and Lithuania have begun construction of a major artillery ammunition plant in Baisogala. BMW...

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7:42 AM

Chart of the Day - US100 (04.12.2024)

The Nasdaq 100 continues its remarkable ascent, achieving its 34th record close of the year amid mounting rate cut expectations, though signs of market...

7:05 AM

Economic Calendar: PMI data dominates, Powell speech and EIA inventory in focus

Today's economic calendar is packed with November PMI readings across Europe and the US, along with key speeches from central bankers. Markets will...

6:34 AM

Morning Wrap (04.12.2024)

South Korean markets plunge after President Yoon Suk-Yeol's short-lived martial law declaration sparks political crisis. KOSPI slumped over 2% as...

6:47 PM

Daily summary: a flat session on Wall Street; Oil surges by 2.65% 🔔

North American indices are showing mixed performance, with Mexican and Brazilian markets leading gains while US indices display divergent trends....

3:39 PM

US Open: mixed opening on Wall Street; Palantir extends gains 📌

Indices in the US open flat The dollar index weakens in the early part of the day Yields are also declining Palantir extends its gains, rising...

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3:01 PM

BREAKING: EURUSD dips after higher JOLTS data 🔔

03:00 PM GMT, United States - JOLTS Job Openings for October: actual 7.744M; forecast 7.510M; previous 7.372M;    

2:57 PM

US Steel slips 7% as Trump reaffirms plans to block acquisition by Nippon Steel

One of the largest US-based steel producers, US Steel (X.US) shares are down almost 8% today, because Trump reaffirmed plans of stopping acquisition of...

2:38 PM

Oil gains 1% as markets await OPEC+ meeting scheduled on Thursday

Oil (OIL) is gaining more than 1% today, as markets await the OPEC+ decision on Thursday. It is likely that OPEC+ will extend the latest round of oil production...

2:08 PM

Commodities Wrap - Oil, Gold, Natgas, Coffee (03.12.2024)

Oil: November's PMI indices from China and US ISM Manufacturing came in stronger than expected, suggesting limited potential for demand decline...

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1:15 PM

DE40: DAX above 20,000 points 📈

DAX and other European indices extend bullish surge UBS revises forecasts for BMW, Mercedes-Benz and Porsche ASML maintains 2025 net sales forecast...

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12:25 PM

USDCAD - IFR recommendation (03.12.2024)

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

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11:53 AM

Fed members commented the US economy and Fed interest rates🗽Waller signals 25 pb rate cut in December

Yesterday, Fed members John Williams, Christopher Waller and Raphael Bostic commented on the US economy and monetary policy. Waller signalled that he supports...

10:44 AM

Trade of the day - USDIDX (03.12.2024)

Facts Statements by Fed members suggest that a 25 rate cut in December is still likely (the market is pricing it with a 75% probability) Christopher...

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10:24 AM

Chart of the day: USDJPY (03.12.2024)

The Japanese yen is one of the worst performing G10 currencies today, nevertheless the USDJPY pair continues to struggle to get back above the key 150.00...

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7:56 AM

Economic calendar: US JOLTS data in focus

Asian markets extended on Tuesday the wave of optimism that swept Monday's trading in Europe and the US Australia's main stock market index...

7:32 AM

USDCHF pair slightly lower after consensus CPI reading from Switzerland

Swiss inflation for November came in line with analysts' expectations. The reading pointed to a growth rate of 0.7% y/y for the headline reading and...