Market news

7:02 PM

Daily summary: US jobs data sparks uncertainty on markets

European indices finished today's session in mixed moods, with the benchmark Stoxx 600 rising 0.3% to an over 9-month high, British FTSE 100 reached...

6:48 PM

Precious metals and oil under heavy selling pressure

Majority of commodities are facing significant pressure from bears as latest data from the US economy lead to strengthening of the US dollar and higher...

5:57 PM

Starbucks tumbles over 3.0% as poor sales in China weigh on earnings

Starbucks (SBUX.US) shares lost over 3.5% on Friday after the coffee chain reported weak financial figures for Q1 2023. Company earned 75 cents per share...

5:09 PM

ChatGPT and D.A. Davidson upgrade boosts C3ai stock price

C3.ai (AI.US) stock jumped over 20% today D.A. Davidson upgraded the software company to 'Buy' rating with a $30 price target.  Analysts described...

4:44 PM

UK100 retests all-time high

British FTSE 100 jumped a new all-time high on Friday, surpassing the previous high from May 2018 at  7903.50 pts. The export-oriented index...

4:25 PM

Three markets to watch next week (03.02.2023)

Big Tech companies have mostly disappointed with their earnings this week, putting some pressure on equity indices. Nevertheless, earnings season is still...

3:53 PM

US indices erase post NFP losses

Major Wall Street indexes reversed early losses to trade higher on Friday afternoon as investors digested the latest better than expected  US ...

3:04 PM

BREAKING: USD strengthens further after upbeat ISM Services PMI report

The ISM Services PMI for the US jumped to 55.20 in January from 49.2 in the previous month, beating analysts’ expectations of 50.4 as capacity...

2:58 PM

US OPEN: Wall Street pulls back on weak Big Tech earnings and NFP data

US indices launched today's cash trading lower US100 bounces off key resistance NFP well above expectations 3 tech behemoths posted weak quarterly...

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1:44 PM

📉US500 pulls back after NFP report❗

Major Wall Street indices trimmed recent gains, while greenback appreciated sharply against other G10 currencies after the US economy unexpectedly created...

1:33 PM

BREAKING: EURUSD plunges on upbeat NFP data

Highly anticipated NFP report was released at 1:30 pm GMT and showed the US economy unexpectedly added 517   k jobs in January, compared...

12:53 PM

Nordstrom soars 25.0% as investor Ryan Cohen takes stake

Nordstrom (JWN.US) shares jumped 25.0% in pre-market trading on news that activist investor Ryan Cohen has taken a significant stake in the high-end...

12:34 PM

DE30: Tech stocks' results put pressure on European markets

 DAX slows gains after yesterday's tech results Investors' attention turns today to the NFP report  Weak quarterly...

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12:29 PM

Cigna stock falls in pre-market despite upbeat quarterly results

Cigna Corp. (CI.US) shares fell nearly 0.50% ahead of the opening bell despite the healthcare and insurance company posted better than expected financial...

12:07 PM

❗ Wall Street trades flat ahead of NFP data

Release of the US jobs report for January 2023 is a key macro event of the day. Report will be released at 1:30 pm GMT and is expected to show non-farm...

12:03 PM

Bitcoin bulls weakens at the end of the week 📊

Despite a great session on Wall Street yesterday, fueled by the Meta Platforms' biggest rise in a decade and the overtones of the Fed decision and...

11:07 AM

Trade of the day: USDCNH (03.02.2023)

Facts: USDCNH is trading in a long- term downward trend The pair bounced off the key resistance Local bearish harmonic pattern Recommendation:  Trade:...

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9:33 AM

Chart of the day - US100 (03.02.2023)

US indices, especially tech sector indices, had a solid run over the past few weeks. Nasdaq-100 (US100) gained around 20% between January 6 and February...

9:13 AM

European services PMIs for January revised slightly higher

Final services PMIs for January from major euro area members were released today. Overall, readings were revised slightly higher. French reading was revised...

7:48 AM

Economic calendar: All eyes on US NFP report!

European indices set for slightly lower opening NFP report expected to show sub-200k jobs growth Final PMIs from Europe, non-manufacturing...