Market news

7:05 AM

Economic calendar: Focus on inflation and retail sales data

CPI data from the United Kingdom, the euro area and Canada US retail sales data for September to be released in the early afternoon Fed...

7:03 AM

NZD edges lower as inflation keeps slowing down

Summary: Price growth in the third quarter slowed down, though a deceleration was a touch smaller than expected Core prices keep hovering slightly...

6:26 AM

Morning wrap

US indices ended yesterday’s session with solid gains with NASDAQ gaining 1.2%, SP500 rising 1% and Dow Jones climbing 0.9% On the...

4:37 PM

Reports of draft Brexit deal lift GBP and stock indices

Summary: GBPUSD surges above $1.27 on draft Brexit deal reports DE30 hits YTD high Mixed results for banks as US earnings season...

3:39 PM

Breaking news: GBPUSD surges above $1.27 on reports of draft Brexit deal

There’s been a swift move higher in the pound in recent trade after news crossed the wires that EU and UK negotiators are closing in on a draft Brexit...

3:14 PM

Cocoa prices sharply up again

Cocoa prices are rising sharply once again, gaining 2.7% on Tuesday. Prices are up nearly 15% over the past 2 months, partly on the back of stronger British...

2:09 PM

Mixed results for banks as earnings season kicks off

Summary: US500 remains near recent highs Several major firms report earnings ahead of the open Focus on 5 financial stocks; JPM,...

2:00 PM

EURJPY - recommendation from TD Bank

TD Bank issued a recommendation for the EURJPY currency pair. The Bank recommends taking a short position on the pair with following levels: Entry...

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1:08 PM

Commodity Wrap - Oil, Soybean, Silver, Natural Gas

Oil Compliance with OPEC output cut agreement stood at 200% in the previous month due to attacks on Saudi refineries Next OPEC+ meeting...

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12:52 PM

Technical alert: AUDUSD

AUDUSD pulls back from the resistance at 61.8% Fibonacci retracement The key support can be found at lower limit of 1:1 structure The AUDUSD...

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11:41 AM

GBPUSD - recommendation from Morgan Stanley

Morgan Stanley issued a recommendation for the GBPUSD currency pair. The Bank recommends taking a long pending position on the pair with following levels: Entry...

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10:15 AM

AUDJPY - recommendation from Morgan Stanley

Morgan Stanley issued a recommendation for the AUDJPY currency pair. The Bank recommends taking a long position on the pair with following levels: Entry...

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9:57 AM

UK unemployment rate ticks higher; Brexit remains key

Summary: Latest UK jobs data shows hints of softening  Brexit still the main driver ahead of EU summit GBP remains near recent...

9:11 AM

Trade of the day – Platinum

Facts: Precious metals on the back foot amid market optimism Interest rates set to stay low for a long time Platinum still has some catch up...

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8:49 AM

DE30 tests July’s peak at 12570 pts

European shares open higher but trim gains during the first hour DE30 struggles at 112.8% exterior retracement of early-October dip Wirecard...

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7:03 AM

Surging pork prices push Chinese inflation higher

Summary: Chinese headline price growth accelerates more than expected Food prices remain a prime reason why prices in the Chinese economy keep...

6:57 AM

Economic calendar: Wall Street earnings season begins

German ZEW index for October expected to move lower UK wage growth to remain unchanged in August Number of major US companies to...

6:26 AM

Morning wrap

Asian equities are mixed this morning except Japanese NIKKEI climbing as much as 1.9% as this market was off on Monday; SP500 futures point to a...

4:25 PM

Stocks recover from China comment; GBP pares gains as Brexit talks continue

Summary: Equities bounce after early weakness as China refuse to sign deal Mnuchin upbeat on future prospects Pound pares gains...

3:04 PM

Breaking news: Oil.WTI falls over 3%

There’s been some sizable selling seen in the crude markets today with both Oil (-2.8%) and Oil.WTI (-3.0%) tumbling lower. The declines began in...