Market news

6:38 AM

Morning Wrap (09.10.2024)

The bulls managed to maintain control until the close of yesterday's cash session in the USA. Despite reducing some gains, the indices closed...

6:58 PM

Daily summary: Wall Street reduces gains amid potential Israeli response to recent Iranian rocket attacks 🔴

U.S. indices reduce gains from the first part of the day following reports of a possible escalation of the conflict in the Middle East, specifically...

6:10 PM

BREAKING: Oil rebounds as US officials told NBC that Israel considers strike on Iranian energy facilities

US officials told media that Israel considers strike on Iranian energy facilities - per NBC. OIL rebounded almost 1 USD in reaction to those reports.     Source:...

5:12 PM

Honeywell to spin off advanced materials division; stock gains 1.6% 📣

Honeywell International (HON.US) announced plans to spin off its advanced materials division into a separate publicly traded company by early 2026. The...

4:09 PM

SILVER drops 3.4% as US dollar strengthens; 10-year yields climb to level unseen since end of July 📈

Prices of gold and silver drop today 0.7% and 3.3% respectively amid strengthening US dollar. USDIDX gains today almost 0.08%, and US 10-year treasury...

3:39 PM

OIL drops almost 5% amid rising production output in Libya📉

Brent Crude (OIL) drops almost 5% as Libya's NOC informed about rising production (to 1.13 million barrels per day, first time since August), while...

3:24 PM

Chinese ADRs drop amid rising profit-taking pressure 🚩JD.com down 7%

Shares of Chinese giants like JD.com (JD.US), Alibaba (BABA.US), Tencent (TME.US), and Yum!China (YUM.US) are trading in the 6 to 8% range today. A number...

3:18 PM

US OPEN: bulls try to regain control after lower opening 🟢

US500 and US100 are slightly gaining at the start of the session   US2000 is trading lower   10-year bond yields are rising above 4.00%...

3:07 PM

PepsiCo with profitability decline in 3Q24 📊

PepsiCo (PEP.US) is slightly gaining today following the release of its 3Q24 results. The company's results were mostly in line with expectations,...

1:31 PM

BREAKING: EURUSD muted after US trade balance report 📌

01:30 PM BST, United States - Balance of Tade Data for August: Imports: actual 342.20B; previous 345.40B; Exports: actual 271.80B;...

1:00 PM

Commodity wrap - Oil, Natgas, Copper, Coffee (08.10.2024)

Oil: Oil prices have retreated for the first time in eight sessions. A decline is attributed to the lack of escalation in the Middle East and the...

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12:51 PM

DE40: China reverses early euphoria; European stocks under pressure 📉

European Indices Under Pressure Disappointment with NDRC Conference in China Causes Pullback in Asia Samsung Forecasts Lower Operating Profits for...

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12:39 PM

OIL loses almost 2% as markets weigh in Israel-Iran stalemate and Chinese stimulus concerns 📉

Oil is losing nearly 2% today, after 6 days of virtually uninterrupted gains, supported mainly by the escalating geopolitical tensions in the Middle East....

12:16 PM

COTTON loses 1.5% despite hurricanes Milton and Kirk hitting US Southeast

Cotton futures (COTTON) on ICE are losing more than 1.5% today, which we can justify with a still very strong dollar, and a big pullback in oil and Chinese...

10:36 AM

Trade of the day: NATGAS (08.10.2024)

Facts: NATGAS bounced off the key support The short-term sentiment is bullish Recommendation:  Trade: Long position on NATGAS at market...

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9:56 AM

Chart of the Day - HK.cash (08.10.2024)

The Hong Kong stock market experienced a dramatic reversal today, with the Hang Seng Index plummeting 10% in its worst single-day performance since the...

9:20 AM

Morning Wrap (08.10.2024)

Asian markets fell on Tuesday, tracking overnight weakness in Wall Street as strong U.S. job market data fueled expectations of higher interest rates for...

7:01 AM

BREAKING: Germany industrial production beat expectations 🎯

07:00 AM BST, Germany - Industrial Production for August: German Industrial Production: actual 2.9% MoM; forecast 0.8% MoM;...

6:27 AM

Morning Wrap (08.10.2024)

Most Asian markets fell on Tuesday, tracking overnight weakness in Wall Street as strong U.S. job market data fueled expectations of higher interest...

8:34 PM

Gold prices hesitate around $2650

Gold prices seem to be a bit stuck following a very impressive rally to the all-time highs. On one hand we can see oil prices surging on the geopolitical...