Market news

10:46 AM

DE30 pulls back after record drop in German exports

German exports with record drop in April DE30 tries to hold above 12,600 pts Lufthansa (LHA.DE) secured state aid from Austrian government Stock...

9:41 AM

Trade of the day - CADCHF

CAD benefited from recent rebound in oil prices CADCHF run into long-term obstacle Source: xStation5 Recommendation Trade:...

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9:08 AM

Technical alert: DE30

European indices launched today's cash session with a steep downward move. German DAX (DE30) slumped over 200 pts. Taking a look on the chart, one...

7:36 AM

Economic calendar: Second-tier data and index rebalancing

German exports slump in May Euronext to announce index membership changes today API report expected to show decline today European...

6:39 AM

Morning wrap

US indices made the highest post-Covid close yesterday. S&P 500 added 1.2% and closed above 3,230 pts while Dow Jones gained 1.7%. Nasdaq rose...

6:08 PM

Daily summary: Global stock rally pauses

• ECB Lagarde pledges for EU stimulus • US stocks struggle for direction • OPEC+ agreed to extend production cuts ...

5:19 PM

Technical alert: GOLD

The gold market is trading higher today. Nevertheless a short-term sentiment on this precious metal remains bearish. The key resistance is $1703 handle...

3:02 PM

US OPEN: Wall Street pushes higher to extend last week's gains

• US stocks advance on swift economic rebound hopes • Gilead Sciences (GILD.US) rose over 5% in premarket trading • Boeing...

1:53 PM

AUDUSD - recommendation from Morgan Stanley

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

12:43 PM

Trade of the day: USDJPY

Facts: The pair bounced off the key support at 109.30 Short-term trend is upward Recommendation:  Trade: Long position on USDJPY at...

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12:10 PM

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 7.10 million of which more than 406 000 died and over 3.46 million recovered. • US...

11:54 AM

OIL.WTI hits $40

What a year for oil prices it’s been! After a massive bear market and spectacular reversal in April OIL.WTI has been rallying incredibly and has...

10:24 AM

DE30 recovers from morning dip

Stocks in Europe trade without common direction DE30 recovers from morning drop BASF (BAS.DE) was the biggest beneficiary of BoE...

7:30 AM

Economic calendar: Fed decision week

Fed to announce policy decision on Wednesday Canadian housing starts due later today ECB President Lagarde scheduled to speak Slight...

6:27 AM

Morning wrap

Stocks in Asia are posting gains at the start of a new week. Nikkei gains 1.2% while Chinese indices trade 0.3-0.8% higher. Kospi trades flat. S&P...

6:40 PM

Daily summary: Global risk-on market sentiment prevails

• NFP report showed surprise job additions in May • NASDAQ-100 jump to record highs • Gold drops to 7-Week Low Champagne...

3:59 PM

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 6.73 million of which more than 393 000 died and over 3.27 million recovered. • US...

2:57 PM

US OPEN: Wall Street surges higher on surprisingly strong NFP report

• US Economy unexpectedly adds 2.5 million jobs • GAP (GPS.US) reported poor quarterly performance • Uber Eats Enables...

1:37 PM

BREAKING: NFP report shows unexpected addition of 2.5 million jobs!

The NFP report for May has just been released. Data  was expected to show another month of massive multi-million lay-offs. However, report turned...

1:00 PM

Technical alert: EURUSD

EURUSD realized the range of the inverse head and shoulders pattern, which we have mentioned a few times. While the main trend remains upward, some correction...