Market news

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...

11:52 AM

Crypto newsletter: Mixed week for Bitcoin price

• Bitcoin price fails to stay above $10 000.00 • Ethereum managed to break above $215.00 • Tether displaced Ripple from...

11:47 AM

Trade of the day: CHFPLN

Facts: The pair bounced off the key support zone The long - term trend is upward  Recommendation:  Trade: Long position on CHFPLN...

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10:20 AM

DE30: Stocks surge ahead of jobs data

European assets surge after ECB move and ahead jobs data DE30 tested 12,700 pts Lufthansa (LHA.DE) will be removed from DAX index European...

8:28 AM

EURUSD and DAX at fresh post-pandemic highs!

Euro and European indices seem to like yesterday's ECB decision to boost purchases under the PEPP scheme. EURUSD tests 1.1370 handle while DE30 approaches...

7:28 AM

Economic calendar: Labour market data in the spotlight

US NFP report may address misreporting in April Canadian employment seen dropping by 500k jobs Labour market data from the United...

6:38 AM

Morning wrap

US indices finished lower yesterday. S&P 500 declined 0.34% and Nasdaq dropped 0.69%. Dow Jones inched higher and closed 0.05% Stocks...