Market news

Daily summary: Global stocks advance despite record single-day COVID-19 cases spike

July 10, 2020

Global financial now seem to be weighing the ongoing coronavirus spike as cases and deaths continue to rise at a worrying rate. Yesterday the U.S. recorded another single-day record - over 60,000 cases in a 24-hour period. Globally there have been more than 223,000 new infections.  European shares...

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Daily summary: Global equities turn negative amid market risk aversion

July 9, 2020

Moods on global stock markets seem to have deteriorated throughout today’s trading day. Asian markets ended the session mostly in the green territory. Trading in Europe was rather mixed, yet equities sank in the afternoon. Even though DAX was gaining over 1%, the German index finished the day 0.04%...

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Daily summary: Covid-19 cases rise as investors flee towards gold and silver

July 8, 2020

Global equities markets have been dominated by some mixed moods today. Some Asian indices finished the session lower while others added some gains like Shanghai Composite (+1.74%). However, one should keep in mind that coronavirus now seems to be more or less under control there. European indices were...

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July 10, 2020
3:46 PM

US OPEN: American equities are posting gains on Gilead news

American equities opened flat today. Nevertheless, moods significantly improved following Gilead Sciences (GILD.US) announcement just before the market...

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11:43 AM

Trade of the day: USDCHF

Facts: USDCHF bounced off the upper limit of 1:1 structure The main trend remains downward Recommendation:  Trade: Short position on...

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10:15 AM

DE30: Europe pushes higher despite surging infections

• Coronavirus infection rates continue to accelerate above historical highs. • European stocks turn positive • VW's...

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July 9, 2020
6:05 PM

CHFJPY - recommendation from TD Research

TD Research issued a recommendation for the CHFJPY currency pair. TD recommends taking a short position on the pair with the following levels: Entry:...

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3:43 PM

US OPEN: American stocks open mixed, jobless claims better than expected

U.S. equities open mixed today - Nasdaq was adding 0.7% while S&P 500 and DJIA were trading just slightly above the flatline. Tech giants now seem...

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12:12 PM

Trade of the day - CADCHF

Summary: • Canadian economy took a massive hit from COVID-19 • The pair is approaching upper limit of the descending chanel • Currency...

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10:14 AM

DE30 moves higher ahead of Eurogroup meeting

• Election of the Eurogroup President • Total number of Covid-19 cases surpassed 12 million • EU General Court slashes ...

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9:16 AM

Technical alert: EURUSD

EURUSD started today’s session higher breaking above the resistance at 1,1340, however gains were quickly erased and the currency pair returned to...

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