Market news

1:09 PM

Technical Overview: US30

Summary: US30 finished the previous week more or less flat Two key levels can be drawn on the H1 interval   Technical Overview:...

11:30 AM

Pound and stocks little changed to start the week

Summary: Markets make quite start ahead of key events Tory leadership contest in focus for next PM Oil pulls back despite Iranian...

11:21 AM

GBPUSD - recommendation from IFR

Thomson Reuters IFR issued a recommendation for the GBPUSD currency pair. The agency recommends taking a long position on the pair with following levels: Entry...

10:05 AM

Trade of the day – Ripple

Cryptocurrencies extend a rally Ripple left behind, could catch up 0.37 now a support zone Trade: Ripple buy at market Stop loss: 0.33 Take...

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

LOGIN

Create account Download the app Download the app

9:06 AM

DE30: Lufthansa sinks after cutting profit forecast

Summary: - DAX (DE30) struggles to overcome mix of two moving averages - Deutsche Bank (DBK.DE) with another turnaround plan? - Lufthansa (LHA.DE) plummets...

7:49 AM

Economic calendar: Quiet start to a busy week

Summary: - New York Empire State Index seen dropping in June - ECB Forum on Central Banking starts today in Sintra, Portugal - Watch Airbus (AIR.FR),...

7:04 AM

Asian equities slightly higher, NZD leads the gains in G10

Summary: Asian equities trade slightly higher at the beginning of a new week NZ dollar leads the gains after a positive reading of the services...

4:39 PM

Gold hits 14-month high after Chinese data miss; USD rises after retail sales

Summary: Poor Chinese data sends Gold ot 14-month high Technical overview for Gold USD gains after retail sales; positive revisions DE30:...

2:01 PM

Technical Overview: Gold

Summary: - Gold breaks to new YTD high - Key support localized at $1323 handle - 161.8% Fibo level of the latest downward impulse could be the next...

1:48 PM

Macroeconomic update: What do US and Chinese crucial data tell us?

Summary: A lot of economic releases from China were released this week including foreign trade, inflation, new loans and industrial production or...

1:38 PM

US dollar trades higher following retail sales

Summary: May retail sales more or less in line with expectations Substantial revisions to the previous month numbers US dollar tries to push...

12:47 PM

Trade of the day: USDCAD

Summary: USDCAD broke below the lower limit of the consolidation range Double top pattern can be spotted on the chart Trade: short USDCAD...

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

LOGIN

Create account Download the app Download the app

11:07 AM

Gold gains despite the stronger dollar

The price of gold has reached the highest levels since April 2018 around 1355 USD per ounce, mainly due to rising tensions in the Middle East, weaker data...

9:44 AM

Poor Chinese data sends Gold to 14-month high

Summary: Gold (+1%) breaks higher after Chinese data miss Industrial production falls to 17-year low Long-term inverse S-H-S coming...

9:07 AM

DE30: Infineon sinks on Broadcom’s sales forecast cut

Summary: - Chinese industrial production growth slows to the weakest pace since 2002 - DAX (DE30) dips below 50- and 100-hour moving averages - Infineon...

7:32 AM

Economic calendar: Focus on US and Chinese data

Summary: - Chinese retail sales data expect to show a pick-up in May - Swedish CPI inflation to be released in the morning - A streak of key US data...

6:59 AM

NZ dollar dips on weak PMI and risk-off

Summary: New Zealand dollar is by far the weakest major currency this morning due to a weaker print of PMI as well as overall risk-off mode Aussie...

4:36 PM

Oil spikes on rising geopolitical tensions; Stocks make cautious gains

Summary: Crude prices spike after tankers attacked Oil and WTI both gain over 3% S&P500 testing top of H1 and D1 clouds Uber...

2:33 PM

Stock of the week: Tilray

Summary: - Tilray (TLRY.US) is one of the biggest Canadian cannabis companies - The company exports cannabis to Germany, Australia and New Zealand -...

11:11 AM

DE30: BASF slides on Trump Nord Stream 2 comments

Summary: - Trump steps up pressure on Germany - DAX (DE30) bounced off the 12070 pts handle - BASF (BAS.DE) sinks on Trump’s Nord Stream remarks First...