Market news

6:29 PM

Daily summary: Global stocks rally as risk-on sentiment prevails

• European Stocks Rally, S&P 500 above 3000 pts • More countries continue to reopen their economies • Novavax ...

3:40 PM

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 5.62 million of which more than 348,000 died and over 2.39 million recovered. •...

3:08 PM

BREAKING: CB Consumer Confidence below expectations

The Conference Board's consumer confidence index was 86.6 points, while the forecast assumed 88.0 points. (previously 86.9 points). The index for May...

2:50 PM

US OPEN: Wall Street opens higher on vaccine hopes

• US stocks opened sharply higher  - S&P 500 above 3000 pts • Tensions between Washington and Beijing continue to escalate • Novavax...

Open an account or log in to receive full access to the news section.

LOGIN Create account

12:39 PM

Technical alert: USDCAD

USDCAD is trading lower today. However, the pair reached a key technical support. Looking at H4 interval, the area marked with green colour at 1.3870 is...

12:35 PM

Commodity wrap - Oil, gold, sugar, wheat (26/05/20)

Oil: • Significant spread reduction between Brent and WTI crude oil with upward pressure on the market (spread below $ 2) • According...

Open an account or log in to receive full access to the news section.

LOGIN Create account

11:12 AM

Trade of the day – Gold

Facts: Gold prices in upward trend Fed maintains quasi-fixed bond yields USD declines vs EM currencies Recommendation: GOLD long at market Stop...

10:31 AM

DE30 tests 11,500 pts as risk-on moods prevail

Stock markets gain on vaccine hopes DE30 tested 11,500 pts but failed to break above so far Lufthansa (LHA.DE) has reached a rescue...

Open an account or log in to receive full access to the news section.

LOGIN Create account

7:34 AM

Economic calendar: Vaccine hopes overshadow light calendar

Global markets rally on vaccine hopes CB consumer confidence seen improving in April BoC Governor Wilkins to speak in the evening Global...

7:30 AM

US500 soars past 3000 points

US holiday didn’t stop markets from rallying as futures around the globe were pushing higher on Monday and in the Asian trade on Tuesday. As a result...

6:40 AM

Morning wrap

Stock markets in Asia are rallying. Nikkei gains 2.5%, S&P/ASX 200 adds 2.2% and Kospi trades 1.5% above yesterday's close. S&P 500 futures...

6:56 PM

Daily summary: European stocks rally on lockdown easing hopes

• Stock markets across Europe closed in the green • Lufthansa and German government agree $9.8 billion rescue package • Anti-government...

4:22 PM

Bitcoin below major support

Bitcoin is moving with a short-term bearish bias with the local support located at $8,700. Previously this level attracted new buyers and helped to engineer...

2:07 PM

DAX breaks above April's highs

The German index is now gaining over 2%, and managed to break above the 30 April high at 11,332.3 pts as the German government is reportedly nearing a...

12:53 PM

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 5.52 million of which more than 347 000 died and over 2.31 million recovered. • US...

12:08 PM

Trade of the day: EURJPY

Facts: The pair bounced off the key support zone Short-term trend remains upward Recommendation:  Trade: Long position on EURJPY at...

Open an account or log in to receive full access to the news section.

LOGIN Create account

11:07 AM

Will China hurt Australia's economy?

Market sentiment seems to be rather positive today. Most index futures traded higher in the morning, although news from the geopolitical front are not...

Open an account or log in to receive full access to the news section.

LOGIN Create account

10:26 AM

DE30 tests 11,300 pts area during morning surge

European markets surge despite China-US tensions DE30 tested 11,300 pts area Bayer (BAYN.DE) gains on Roundup settlement reports Stock...

Open an account or log in to receive full access to the news section.

LOGIN Create account

9:07 AM

Oil remains in upward trend

Friday morning brought a sudden correction to the oil markets on Hong Kong tensions but this did little to the upwards trend that remains intact. Traders...

7:22 AM

Economic calendar: China-US in focus as new week begins

US and UK traders off for holiday German IFO index seen at 78.3 pts in May BoC Governor Poloz to speak A new week has begun....